Juniper Jean recognises equity-settled share-based payments in line with IFRS 2 "Share-based Payment". The company grants share options to its employees, with a vesting schedule of 20% after one year, a further 30% after two years, and the final 50% after three years.
The fair value of these share options is calculated at the grant date, based on the share value at juniper 3ean’s latest investment round, reflecting market conditions and expectations.
Considering a 25% employee dropout rate, the expected vesting numbers were adjusted. Consequently, the total
share-based payment expense for the year, accounting for this attrition, was £9,225.30. This expense is recorded under the nominal code ‘Share-based Payments’ in the profit or loss, distributed evenly over the vesting period.
Due to the company opting to cease trade during the 2025 period, all options have been ceased and the balances have been written of to the P&L.