v3.25.2
SHARE-BASED PAYMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
Schedule of expense recognized from share based payment transactions
Share-based payment expense, which is classified as selling, general, and administrative expenses on the unaudited condensed consolidated interim statement of income and loss and other comprehensive income and loss was as follows:
For the three months ended June 30,For the six months ended June 30,
In millions2025202420252024
Restricted and performance share units$7.8 $3.8 $11.6 $3.9 
Equity-settled share options2.6 5.2 5.3 6.2 
Cash-settled awards0.0 0.6 0.0 (0.4)
Total$10.4 $9.6 $16.9 $9.7 
The following table summarizes the activity in RSUs for employees and non-employee directors during the six months ended June 30, 2025 and 2024.
For the six months ended June 30,
20252024
RSU'sNumber of
units
Weighted Average
Grant Date Fair Value
Number of
units
Weighted Average
Grant Date Fair Value
Outstanding at January 1,1,018,974 $13.63 — $
Granted during the year665,717 26.95 1,090,62713.63 
Vested during the year(374,568)13.39 — 
Forfeited during the year(34,706)15.53 (5,668)13.64 
Outstanding at June 30,1,275,417 $20.47 1,084,959$13.63 
The following table summarizes the activity in PSUs for employees during the six months ended June 30, 2025 and 2024.
For the six months ended June 30,
20252024
PSU'sNumber of
units
Weighted Average
Grant Date Fair Value
Number of
units
Weighted Average
Grant Date Fair Value
Outstanding at January 1,1,888,821$14.55 — $— 
Granted during the year1,163,24926.88 1,993,174 14.56 
Vested during the year(7,465)14.55 — — 
Forfeited during the year(77,489)17.07 (6,299)14.55 
Outstanding at June 30,2,967,116$21.38 1,986,875 $14.56 
Schedule of number and weighted-average exercise prices of share options
The following table summarizes the activity of share options under the 2019 and 2023 ESOP during the six months ended June 30, 2025 and 2024.
For the six months ended June 30,
20252024
2019 & 2023 ESOPNumber of
options
Weighted
average
exercise price
Number of
options
Weighted
average
exercise price
Outstanding at January 1,12,707,243 $10.02 14,911,455 $9.56 
Granted during the year— — — — 
Forfeited during the year(152,036)10.06 (517,842)10.73 
Exercised during the year(1,998,817)10.57 — — 
Outstanding at June 30,10,556,390 9.91 14,393,613 9.52 
Exercisable at June 30,5,728,844 $9.88 — $—