v3.25.1
Share Capital and Share Premium
12 Months Ended
Dec. 31, 2024
Share Capital and Share Premium [Abstract]  
SHARE CAPITAL AND SHARE PREMIUM

13 SHARE CAPITAL AND SHARE PREMIUM

 

Group

 

    Nominal
Value
    Share
Capital
    Share
Premium
    Merger
Reserve
 
    £/$     Shares     $000     $000     $000  
At 1 January 2022   $ 0.001       102,272,614       102       15,596       118,697  
Shares issued in the period:   $ 0.001       -       -       -       -  
At 31 December 2022             102,272,614       102       15,596       118,697  
Shares issued in lieu of fees/compensation   $ 0.001       450,000       1       300       -  
Warrants Exercised   $ 0.001       337,501       -       573       -  
Issuance of Stock - ATM   $ 0.001       27,629       -       23       -  
At 31 December 2023             103,087,744       103       16,492       118,697  
Shares issued in lieu of fees/compensation   $ 0.001       4,896,508       5       3,620       -  
Options Exercised   $ 0.001       122,849       -       75       -  
Issuance of Stock – ATM, net   $ 0.001       108,659       -       124       -  
Issuance of Stock - fundraising   $ 0.001       5,263,158       5       4,442       -  
Issuance of Warrants  - fundraising   $ 0.001       -       -       (25 )        
Cancellation of Treasury Shares   $ 0.001       (2,016,301 )     (2 )     (1,623 )     -  
At 31 December 2024             111,462,617       111       23,105       118,697  

 

Ordinary Shares

 

Ordinary shares have a par value of $0.001. They entitle the holder to participate in dividends, and to share in the proceeds of winding up the company in proportion to the number of and amounts paid on the shares held. On a show of hands every holder of ordinary shares present at a meeting in person or by proxy is entitled to one vote, and upon a poll each share is entitled to one vote. The Company has 111,462,617 shares in issue and no shares in treasury (2023: 1,573,510 shares).