v3.26.3
OTHER INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Other Information  
Disclosure number of share options
                 
    Number of
share options
    Number of
restricted shares
    Deferred
payments rights
(USD)
 
Total rights as of December 31, 2025     1,893,608       321,683       16,204,611  
Awarded during the period     620,000       160,000       500,000  
Issued during the period     -       (220,103 )     -  
Cash settled during the period     -       (48,921 )     -  
Exercised during the period     -       -       -  
Forfeited during the period     -       (1,852 )     (230,608 )
Total rights as of June 30, 2026     2,513,608       210,807       16,474,003  
Vested     1,201,976       105,403       1,750,084  
Unvested     1,311,632       105,404       14,723,919  

 

12/31/2025

 

    Number of
share options
   

Number of

restricted shares

   

Deferred
payments rights

(USD)

 
Total rights as of December 31, 2024     933,233       558,867       8,903,209  
Awarded during the period     1,005,000       -       7,725,000  
Issued during the period     -       (149,639 )     -  
Cash settled during the period     -       (46,511 )     -  
Exercised during the period     -       -       -  
Forfeited during the period     (44,625 )     (41,034 )     (423,598 )
Total rights as of December 31, 2025     1,893,608       321,683       16,204,611  
Vested     1,126,595       179,147       1,744,954 *
Unvested     767,013       142,536       14,459,657  

 

 
* For the beneficiaries who accepted the Amended Existing LTIP, all DPR awards scheduled to vest in 2025 were treated as entirely unvested. Unlike the LTIP, which provided pro-rata vesting for all leavers, the Amended Existing LTIP restricts pro-rata vesting solely to participants meeting the good leaver criteria.
Disclosure assumptions considering
       
Forecast share price volatility (annualized)     50.93 %
Plan duration (years)     5.00  
Expected dividend yield     0.00 %
Risk-free interest rate     U.S. Sovereign Bond yield  
Disclosure Black Scholes simulation valuation
Disclosure Black Scholes simulation valuation        
Forecast share price volatility (annualized)     49.62% – 52.40%  
Plan duration (years)     5.50 to 7.00  
Expected dividend yield     0.00 %
Risk-free interest rate     U.S. Sovereign Bond yield