Number of shares held by ESOP Trustees | |||||||
£0.0001 deferred shares | £0.50 ordinary shares | ||||||
At January 1, 2017 | 15,977,968,688 | 55,816 | |||||
Shares utilized during the year | — | (34,594 | ) | ||||
Shares transferred into ESOP during the year | — | 83,487 | |||||
At December 31, 2017 | 15,977,968,688 | 104,709 |
2017 | 2017 | 2016 | 2016 | ||||||||
Number | Weighted average exercise price | Number | Weighted average exercise price | ||||||||
At January 1 | 963,789 | $8.51 | 1,144,534 | $7.26 | |||||||
Granted during the year | 386,614 | $0.65 | 107,660 | $0.67 | |||||||
Exercised during the year | (172,501 | ) | $(5.03) | (132,599 | ) | $(0.67) | |||||
Accrued dividend awards | 12,258 | $0.65 | 12,572 | $0.67 | |||||||
Lapsed during the year | (7,845 | ) | $(0.65) | (168,378 | ) | $(0.67) | |||||
At December 31 | 1,182,315 | $6.42 | 963,789 | $8.51 |