Annual Report & Accounts 2026
66
12. EARNINGS PER SHARE
The calculations of earnings per share are based on the following profits and number of shares:
2026 £ 2026 £ Profit attributable to owners of the Parent 11,059,976
8,549,773
Gain in respect of investment held at fair value1
(184,388)
–
Amortisation1
–
248,543
Share-based payments1
851,320
780,662
Adjusted earnings
11,726,908
9,578,978
2026 No. of shares
2026 No. of shares
Weighted average number of shares
For basic earnings per share
31,671,936
31,554,166
Dilutive effect of grants under LTIP
613,271
547,383
For diluted earnings per share
32,285,207
32,101,549
Basic earnings per share (p)
34.9
27.1
Diluted earnings per share (p)
34.3
26.6
Adjusted basic earnings per share (p)
37.0
30.4
Adjusted diluted earnings per share (p)
36.3
29.8
1
Amounts shown are before tax.
Adjusted basic earnings per share is calculated by taking adjusted basic earnings and dividing it by undiluted average shares for the year.
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
12. EARNINGS PER SHARE
The calculations of earnings per share are based on the following profits and number of shares:
2026 £ 2026 £ Profit attributable to owners of the Parent 11,059,976
8,549,773
Gain in respect of investment held at fair value1
(184,388)
–
Amortisation1
–
248,543
Share-based payments1
851,320
780,662
Adjusted earnings
11,726,908
9,578,978
2026 No. of shares
2026 No. of shares
Weighted average number of shares
For basic earnings per share
31,671,936
31,554,166
Dilutive effect of grants under LTIP
613,271
547,383
For diluted earnings per share
32,285,207
32,101,549
Basic earnings per share (p)
34.9
27.1
Diluted earnings per share (p)
34.3
26.6
Adjusted basic earnings per share (p)
37.0
30.4
Adjusted diluted earnings per share (p)
36.3
29.8
1
Amounts shown are before tax.
Adjusted basic earnings per share is calculated by taking adjusted basic earnings and dividing it by undiluted average shares for the year.
NOTES TO THE FINANCIAL STATEMENTS CONTINUED