v3.25.2
Share based compensation reserve (Tables)
 6 Months Ended
Jun. 30, 2025
Share Capital, Reserves and Other Equity Interest [Abstract]  
Summary of Management Share Awards
As part of its long term incentive initiatives, the Company awards performance share awards and restricted share awards to the management team (the “Management Share Awards”). The Awards active during the current and prior reporting periods are detailed below.

As at June 30, 2025:
 January 1, 2022 AwardJanuary 1, 2023 AwardJanuary 1, 2024 AwardMarch 3, 2025 AwardOther AwardsTotal
Number of awards outstanding at January 1, 2025704,983922,2501,059,192 — 441,991 3,128,416
New awards granted in the period— — — 1,097,85362,0001,159,853
Forfeitures in the period(148,989)(69,759)(71,935)(13,892)(20,000)(324,575)
Awards vested and issued in period(555,994)——— (76,000)(631,994)
Number of awards outstanding at June 30, 2025—852,491987,2571,083,961407,9913,331,700
Summary of Management Share Award Inputs and Assumptions are as follows:
 January 1, 2023 Award January 1, 2024 Award   March 3, 2025 Award
Grant date share price and fair value of share award$17.24 $16.95 $18.90 
Exercise price$— $— $— 
Remaining contractual life of performance share award0.5 years1.5 years2.7 years
Remaining contractual life of restricted share awardNot applicable1.5 years2.7 years
Schedule of Reserves within Equity
Share based compensation reserve
20252024
 €m€m
Balance as of January 126.2 31.4 
Non-Executive Directors' restricted share awards charge0.3 0.3 
Directors' and Senior Management share awards charge3.8 4.7 
Shares issued upon vesting of awards(12.2)(9.7)
Reclassification of awards for settlement of tax liabilities(4.9)(3.6)
Balance as of June 3013.2 23.1