Post-effective amendment to a registration statement that is not immediately effective upon filing

Employee Benefits (Tables)

v3.22.1
Employee Benefits (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of information about defined benefit plans [abstract]  
Disclosure of Share-based Payments Recognized As Expense for RSUs, RSAs and Options, Net of Forfeitures

For the Year Ended December 31,

2021

2020

2019

$’000

$’000

$’000

Total share-based compensation expense

    

46,307

    

9,557

    

7,966

Disclosure of Restricted Stock Unit Activity and Weighted Average Grant Date Fair Values

    

    

    

Weighted Average

Grant Date Fair Value

RSUs

Per RSU (1)

Balance at January 1, 2021

 

$

Granted

 

6,997,284

$

6.23

Vested and issued

 

$

Forfeited

 

$

Balance at December 31, 2021

 

6,997,284

$

6.23

Vested and unissued at December 31, 2021

 

1,760,363

$

6.23

Unvested at December 31, 2021

 

5,236,921

$

6.23

Disclosure of Stock Options Granted

Fair value of underlying stock

    

$2.97  – $9.20

Volatility

63.4%  – 70.0%

Risk-free interest rate

0.12%  – 1.68%

Dividend yield

0%  – 0%

Expected term (in years)

10.00  – 14.50

Disclosure of Number and Weighted Average Exercise Prices of Share Options

2021

2020

2019

Weighted

Weighted

Weighted

average

average

average

exercise

Number of

exercise

Number of

exercise

Number of

price

options

price

options

price

options

$

$

$

Outstanding at the beginning of the year

    

0.02

21,107,487

    

20,120,425

    

19,666,539

Granted during the year

3.67

8,155,289

0.11

4,109,243

2,786,856

Forfeited / canceled during the year

0.18

(6,204,471)

0.04

(3,122,181)

(2,332,970)

Exercised during the year

1.42

(162,040)

Outstanding at the end of the year

1.47

22,896,265

0.02

21,107,487

20,120,425

Exercisable at the end of the year

1.54

19,105,908

0.01

16,461,945

11,817,828