Share-based Payments (Tables)

6 Months Ended

Jun. 30, 2026

Text block [abstract]

Summary of Principal Assumptions Used for Valuation of Share Options


Grant date		Jan-14-2026								Jan-14-2026								Jan-14-2026
Vesting dates			Jan-14-2026								Jan-14-2027								Jan-14-2027
			—								—								Jan-14-2028
			—								—								Jan-14-2029
			—								—								Jan-14-2030
Volatility 1			260.56	%							226.67	%							193.02	%
Dividend yield			0	%							0	%							0	%
Risk-free investment rate 1			3.51	%							3.53	%							3.67	%
Fair value of option at grant date 1		£	0.0004							£	0.0005							£	0.0005
Fair value of share at grant date		£	0.0005							£	0.0005							£	0.0005
Exercise price at date of grant		£	0.0004							£	0.0004							£	0.0004
Lapse date			Jan-14-2036								Jan-14-2036								Jan-14-2036
Expected option life (years) 1			1.0								2.0								3.5
Number of options granted			1,951,153,811								174,109,121								1,324,308,581


Grant date		Jan-14-2026								Jan-14-2026
Vesting dates			Jan-14-2026								Jan-14-2027
			—								Jan-14-2028
			—								Jan-14-2029
			—								Jan-14-2030
Volatility 1			226.67	%							175.64	%
Dividend yield			0	%							0	%
Risk-free investment rate 1			3.53	%							3.78	%
Fair value of option at grant date 1		£	0.0005							£	0.0005
Fair value of share at grant date		£	0.0005							£	0.0005
Exercise price at date of grant		£	0.0005							£	0.0005
Lapse date			Jan-14-2036								Jan-14-2036
Expected option life (years) 1			2.0								4.5
Number of options granted			313,694,177								87,871,006


Grant date		Apr-15-2026								Apr-15-2026
Vesting dates			Apr-15-2026								Apr-15-2027
			—								Apr-15-2028
			—								Apr-15-2029
			—								Apr-15-2030
Volatility 1			256.68	%							192.85	%
Dividend yield			0	%							0	%
Risk-free investment rate 1			4.07	%							4.16	%
Fair value of option at grant date 1		£	0.0002							£	0.0003
Fair value of share at grant date		£	0.0003							£	0.0003
Exercise price at date of grant		£	0.0004							£	0.0004
Lapse date			Apr-15-2036								Apr-15-2036
Expected option life (years) 1			1.0								3.5
Number of options granted			135,525,518								134,170,264

1.	Represents the average for the options granted.