v3.26.1
Share based compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share based compensation [Abstract]  
Share-based Compensation Plans Outstanding

The following table summarizes the share option awards outstanding as of June 30, 2026:
 
   
Average exercise
price per share
in
USD
   
Number of
awards
   
Weighted
average
remaining
life
in years
 
At December 31, 2025
   
3.87
     
2,594,914
     
5.91
 
Granted
   
5.23
     
219,050
     
6.93
 
Forfeited/Expired
   
7.11
     
(27,112
)
   
5.11
 
Exercised1
    6.33       (85,113 )     5.03  
At June 30, 20262
   
3.87
     
2,701,739
     
5.56
 

1 The weighted average share price of share options exercised was $19.36.
2 998,920 of the awards outstanding as of June 30, 2026, were exercisable.
Weighted-average Assumptions The fair values of the options granted during the three and six months ended June 30, 2026, were determined on the date of the grant using the following assumptions:

   
Three months ended
  June 30, 2026
   
Six months ended
  June 30, 2026
 
Share price, in USD
   
14.72 - 24.87
     
13.03 - 24.87
 
Strike price, in USD (weighted average)
   
21.11
     
5.23
 
Expected volatility
   
82% - 83%

   
82% - 88%

Award life (weighted average)
   
6.0
     
5.7
 
Expected dividends
   
-
     
-
 
Risk-free interest rate
   
4.06% - 4.24%

   
3.79% - 4.24%