Share based payments (Tables)

12 Months Ended

Dec. 31, 2020

Disclosure Of Sharebased Payment Arrangements [Abstract]

Schedule of recognized a share based charge

	2020	2019	2018
	£’000	£’000	£’000
EMI – Pre-modification grants	182	152	—
Unapproved – Pre-modification grants	1,763	47	—
Unapproved – Post-modification grants	1,814	—	—
	3,759	199	—

Schedule of options were granted

Scheme	Number	Grant date	Expiry date
Unapproved	1,566,584	01/01/2020	01/01/2030
Unapproved	1,422,500	01/04/2020	01/04/2030
Unapproved	2,215,381	01/07/2020	01/07/2030
Unapproved	1,594,720	01/10/2020	01/10/2030
Total 2020	6,799,185
Unapproved	2,079,500	01/06/2019	31/05/2029
EMI	7,102,500	01/10/2019	30/09/2029
Total 2019	9,182,000

Schedule of reconciles the share options outstanding

	EMI Number of options		Unapproved Number of options
As at October 15, 2018	—		—
Granted during the Period	—		—
Forfeited during the Period	—		—
As at December 31, 2018	—		—
Granted during the Year	7,102,500		2,079,500
Forfeited during the Year	(15,000	)	(20,000	)
As at December 31, 2019	7,087,500		2,059,500
Granted during the Year	—		6,799,185
Exercised during the Year	(1,353,817	)	—
Forfeited during the Year	(1,050,000	)	(737,292	)
As at December 31, 2020	4,683,683		8,121,393

Schedule of relevant in the determination of fair value of the employee share options granted

	Unapproved
Valuation method	Black-Scholes
Share valuation	£0.72 – £4.47
Exercise price	£nil
Expected volatility	46%
Dividend yield	Nil
Risk free interest rate	0.00%
Fair value per share	£0.72 – £4.47

	EMI	Unapproved
Valuation method	Black-Scholes	Black-Scholes
Share valuation	£0.10	£0.17
Exercise price	£0.10	£nil
Expected volatility	66%	62%
Dividend yield	Nil	Nil
Risk free interest rate	0.80%	0.75%
Fair value per share	£0.17	£0.17