Consolidated statement of changes in equity (unaudited)

Share
capital
£’000

Share
premium
£’000

Retained
earnings
£’000

Total
shareholders’
equity
£’000

Balance at 1 January 2024

1,764

172,102

1,033,174

1,207,040

Profit for the period/total comprehensive income

45,939

45,939

Ordinary shares repurchased and cancelled

Dividends

(3,969)

(3,969)

Total transactions with equity shareholders

(3,969)

(3,969)

Balance at 30 June 2024

1,764

172,102

1,075,144

1,249,010

Profit for the period/total comprehensive income

(19,083)

42,091

Ordinary shares repurchased and cancelled

Dividends

(3,969)

(3,969)

Total transactions with equity shareholders

(3,969)

(3,969)

Balance at 31 December 2024

1,764

172,102

1,052,090

1,225,956

Profit for the period/total comprehensive income

74,479

74,479

Ordinary shares repurchased and cancelled

(45)

(21,330)

(21,375)

Dividends

(3,969)

(3,969)

Total transactions with equity shareholders

(45)

(21,330)

(3,969)

(25,344)

Balance at 30 June 2025

1,719

150,772

1,122,600

1,275,091