(a) Authorised and issued capital
The authorised share capital of the Company is 280,000,000 ordinary shares of a par value of £0.01 each. Ordinary shares are listed and traded on the SFS of the LSE. Each ordinary share confers the right to one vote and shareholders have the right to receive dividends.
During the six-month period ending 30 June 2024 and prior periods, the Company did not undertake any share purchases.
As at 30 June 2024, the Company’s issued and fully paid share capital was 176 million ordinary shares (30 June 2023: 176 million).
As at 30 June 2024 ’000 | As at 31 December 2023 ’000 | As at 30 June 2023 ’000 | |||
|---|---|---|---|---|---|
Ordinary shares outstanding at the beginning of the period | 176,418 | 176,418 | 176,418 | ||
Ordinary shares purchased | – | – | – | ||
Ordinary shares outstanding at the end of the period | 176,418 | 176,418 | 176,418 |
(b) Share premium
Share premium represents the amount received in excess of the nominal value of ordinary shares.