v3.26.1
SHARE-BASED PAYMENTS (Tables)
3 Months Ended
Mar. 31, 2026
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
Schedule of share based arrangement expense and fair value of units granted
Share-based payment expense, which is classified as selling, general, and administrative expenses on the unaudited condensed consolidated interim statement of income and other comprehensive income was as follows:
For the three months ended
March 31,
In millions20262025
Restricted and performance share units$9.3 $3.8 
Equity-settled share options2.4 2.7 
Cash-settled awards1.0 0.0 
Total$12.7 $6.5 
The following table summarizes the activity in RSUs for employees and non-employee directors during the three months ended March 31, 2026 and 2025.
For the three months ended March 31,
20262025
RSU'sNumber of
units
Weighted Average
Grant Date Fair Value
Number of
units
Weighted Average
Grant Date Fair Value
Outstanding at January 1,1,271,589 $21.27 1,018,974 $13.63 
Granted during the year— — 6,44827.98 
Vested during the year(17,422)18.53 (57,850)13.04 
Forfeited during the year(16,363)20.69 (16,405)13.84 
Outstanding at March 31,1,237,804 $21.31 951,167$13.76 
The following table summarizes the activity in PSUs for employees during the three months ended March 31, 2026 and 2025.
For the three months ended March 31,
20262025
PSU'sNumber of
units
Weighted Average
Grant Date Fair Value
Number of
units
Weighted Average
Grant Date Fair Value
Outstanding at January 1,2,870,085$19.62 1,888,821 $14.55 
Granted during the year— — — — 
Vested during the year(72,758)16.57 (7,333)14.55 
Forfeited during the year(36,807)19.93 (30,573)14.61 
Outstanding at March 31,2,760,520$19.69 1,850,915 $14.55 
Schedule of activity of share options
The following table summarizes the activity of share options under the 2019 and 2023 ESOP during the three months ended March 31, 2026 and 2025.
For the three months ended March 31,
20262025
2019 & 2023 ESOPNumber of
options
Weighted
average
exercise price
Number of
options
Weighted
average
exercise price
Outstanding at January 1,8,874,994 $9.98 12,707,244 $10.02 
Granted during the year— — — — 
Forfeited during the year— — (1,027,769)10.55 
Exercised during the year(369,402)10.50 (153,473)10.31 
Outstanding at March 31,8,505,592 9.95 11,526,002 9.98 
Exercisable at March 31,7,943,157 $9.85 6,264,431 $9.93