{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"globalinterconnectiongrouplimited": "http://globalinterconnectiongrouplimited.com/xbrl/2023",
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2022-03-24/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://globalinterconnectiongrouplimited.com/xbrl/2023/254900CUE0P9KFF6VY49-2023-12-31.xsd"
]
},
"facts": {
"fact-1": {
"value": "GLOBAL INTERCONNECTION GROUP LIMITED",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-2": {
"value": "Guernsey",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-239": {
"value": "Guernsey",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-3": {
"value": "Global InterConnection Group is now in the development phase of establishing a cable factory and the production and installation of a subsea cable between the UK and Iceland and funds raised will be utilised for this purpose with excess funds placed on deposit or short term paper. The Company expects both elements of Global InterConnection Group to create significant shareholder value over the coming years.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-4": {
"value": "During the period under review, Disruptive Capital Acquisition Company Limited acquired 100% of the share capital of Global Interconnection Group SA on 6 July 2023 (the Transaction). On completion of the Transaction, Disruptive Capital Acquisition Company Limited was renamed Global Interconnection Group Limited and became the new legal ultimate controlling entity of the Global Interconnection Group.",
"dimensions": {
"concept": "ifrs-full:ExplanationOfChangeInNameOfReportingEntityOrOtherMeansOfIdentificationFromEndOfPrecedingReportingPeriod",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-28": {
"value": "3432",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:RevenueFromInterest",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-29": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:RevenueFromInterest",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-30": {
"value": "3432",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-31": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-32": {
"value": "3916770",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-33": {
"value": "5053534",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-34": {
"value": "16805614",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-35": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-36": {
"value": "3703334",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:UnrealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-37": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:UnrealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-38": {
"value": "1836686",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:RealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-39": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:RealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-40": {
"value": "40",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:UnrealisedLossOnForeignExchange",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-41": {
"value": "94212",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:UnrealisedLossOnForeignExchange",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-42": {
"value": "4976",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:RealisedLossOnForeignExchange",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-43": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:RealisedLossOnForeignExchange",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-44": {
"value": "1150457",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:InterestExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-45": {
"value": "100232",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:InterestExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-46": {
"value": "27417877",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ExpenseByNature",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-47": {
"value": "7138309",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ExpenseByNature",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-48": {
"value": "-27414445",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-49": {
"value": "-7138309",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-50": {
"value": "3155",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-51": {
"value": "-0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-52": {
"value": "-27417600",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-53": {
"value": "-7138309",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-54": {
"value": "-14348",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-55": {
"value": "44779",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-56": {
"value": "-27431948",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-57": {
"value": "-7093530",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-58": {
"value": "-1.57",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-265": {
"value": "-1.57",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-59": {
"value": "-0.48",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-266": {
"value": "-0.48",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP/xbrli:shares"
}
},
"fact-60": {
"value": "878803",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-61": {
"value": "919065",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-62": {
"value": "568",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-63": {
"value": "996",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-64": {
"value": "879371",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-65": {
"value": "920061",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-66": {
"value": "931553",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-67": {
"value": "24852",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-68": {
"value": "906330",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentReceivables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-69": {
"value": "65762",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentReceivables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-70": {
"value": "1837883",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-71": {
"value": "90614",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-72": {
"value": "2717254",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-73": {
"value": "1010675",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-74": {
"value": "2462058",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-75": {
"value": "1287184",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-76": {
"value": "1094513",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ShorttermBorrowings",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-77": {
"value": "1781049",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ShorttermBorrowings",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-78": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CurrentProvisions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-79": {
"value": "3467123",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CurrentProvisions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-80": {
"value": "3556571",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-81": {
"value": "6535356",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-82": {
"value": "3854584",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NoncurrentWarrantLiability",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-83": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NoncurrentWarrantLiability",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-84": {
"value": "31965000",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-85": {
"value": "5957494",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-86": {
"value": "35819584",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-87": {
"value": "5957494",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-88": {
"value": "-36658901",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NetAssetsLiabilities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-89": {
"value": "-11482176",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:NetAssetsLiabilities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-90": {
"value": "6355213",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IssuedShareCapitalAndSharePremium",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-91": {
"value": "1019117",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IssuedShareCapitalAndSharePremium",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-92": {
"value": "-60384830",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-93": {
"value": "-15531194",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-94": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:CapitalContribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-95": {
"value": "560120",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:CapitalContribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-96": {
"value": "565102",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-97": {
"value": "579450",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-98": {
"value": "16805614",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-99": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-100": {
"value": "-36658901",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-101": {
"value": "-11482176",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-5": {
"value": "The financial statements on pages 33 - 36 were approved by the board of Directors and authorised for issue on 28 May 2024. They were signed on the Company\u2019s behalf by: Edmund Truell Roger Le Tissier Director Director Date: 28 May 2024 Date: 28 May 2024",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-102": {
"value": "-27417600",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-103": {
"value": "-7138309",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-104": {
"value": "-840568",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-105": {
"value": "7803",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-106": {
"value": "1174874",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-107": {
"value": "591396",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-108": {
"value": "1150457",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForInterestExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-109": {
"value": "1836686",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForRealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-110": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForRealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-111": {
"value": "3703334",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForUnrealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-112": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForUnrealisedLossOnRevaluationOfWarrantsAndRedeemableShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-113": {
"value": "428",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-114": {
"value": "33252",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-115": {
"value": "32824",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForAmortisationAndImpairmentOfIntangibleAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-116": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForAmortisationAndImpairmentOfIntangibleAssets",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-117": {
"value": "741666",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForNonCashSettlementOfPayables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-118": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForNonCashSettlementOfPayables",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-119": {
"value": "14348",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-120": {
"value": "44779",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-121": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForFinanceCosts",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-122": {
"value": "366387",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForFinanceCosts",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-123": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-124": {
"value": "3467123",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-125": {
"value": "2827340",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForSharebasedPayments",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-126": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForSharebasedPayments",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-127": {
"value": "13978274",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForListingExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-128": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:AdjustmentsForListingExpense",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-129": {
"value": "3432",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForInterestIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-130": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForInterestIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-131": {
"value": "-2801369",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-132": {
"value": "-737238",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-133": {
"value": "3432",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsInvestingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-134": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsInvestingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-135": {
"value": "-815433",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-136": {
"value": "-0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-137": {
"value": "818865",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-138": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-139": {
"value": "1457383",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-140": {
"value": "757152",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-141": {
"value": "1431822",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssuingShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-142": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssuingShares",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-143": {
"value": "2889205",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-144": {
"value": "757152",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-145": {
"value": "906701",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-146": {
"value": "19914",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-147": {
"value": "24852",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-148": {
"value": "4938",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-149": {
"value": "931553",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-150": {
"value": "24852",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-151": {
"value": "931553",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-152": {
"value": "24852",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-153": {
"value": "931553",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-154": {
"value": "24852",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-155": {
"value": "1019117",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-156": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-157": {
"value": "-8392885",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-158": {
"value": "560120",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-159": {
"value": "534671",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-160": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-161": {
"value": "-6278977",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-162": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-163": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-164": {
"value": "-7138309",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-165": {
"value": "44779",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-166": {
"value": "-7093530",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-167": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-168": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-169": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-170": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-171": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-172": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-173": {
"value": "1019117",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-174": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-175": {
"value": "-15531194",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-176": {
"value": "560120",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-177": {
"value": "579450",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-178": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-179": {
"value": "-11482176",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-180": {
"value": "1019117",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-181": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-182": {
"value": "-15531194",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-183": {
"value": "560120",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-184": {
"value": "579450",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-185": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-186": {
"value": "-11482176",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-187": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-188": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-189": {
"value": "-27417600",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-190": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-191": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-192": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-193": {
"value": "-27417600",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-194": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-195": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-196": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-197": {
"value": "-14348",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-198": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-199": {
"value": "-14348",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-200": {
"value": "-1017386",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughCapitalReorganisationAndDeemedDistribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-201": {
"value": "4161049",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughCapitalReorganisationAndDeemedDistribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-202": {
"value": "-19326367",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughCapitalReorganisationAndDeemedDistribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-203": {
"value": "-560120",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughCapitalReorganisationAndDeemedDistribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-204": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughCapitalReorganisationAndDeemedDistribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-205": {
"value": "13978274",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughCapitalReorganisationAndDeemedDistribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-206": {
"value": "-2764550",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughCapitalReorganisationAndDeemedDistribution",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-207": {
"value": "12",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-208": {
"value": "115813",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-209": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-210": {
"value": "115825",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-211": {
"value": "134",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-212": {
"value": "2679874",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-213": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-214": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-215": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-216": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-217": {
"value": "2680008",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfWarrantsEquity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-218": {
"value": "-6",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughSubsidiaryShareholdingInCompany",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-219": {
"value": "-603394",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughSubsidiaryShareholdingInCompany",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-220": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughSubsidiaryShareholdingInCompany",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-221": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughSubsidiaryShareholdingInCompany",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-222": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughSubsidiaryShareholdingInCompany",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-223": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughSubsidiaryShareholdingInCompany",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-224": {
"value": "-603400",
"decimals": 0,
"dimensions": {
"concept": "globalinterconnectiongrouplimited:IncreaseDecreaseThroughSubsidiaryShareholdingInCompany",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-225": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-226": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-227": {
"value": "1890331",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-228": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-229": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-230": {
"value": "937009",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-231": {
"value": "2827340",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-232": {
"value": "1871",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GBP"
}
},
"fact-233": {
"value": "6353342",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GBP"
}
},
"fact-234": {
"value": "-60384830",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GBP"
}
},
"fact-235": {
"value": "0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "globalinterconnectiongrouplimited:CapitalContributionMember",
"unit": "iso4217:GBP"
}
},
"fact-236": {
"value": "565102",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:GBP"
}
},
"fact-237": {
"value": "16805614",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GBP"
}
},
"fact-238": {
"value": "-36658901",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GBP"
}
},
"fact-6": {
"value": "1. General Information Global InterConnection Group Limited (the \"Company\", \"GIG Ltd\") is a non-cellular company, limited by shares, registered and incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) (the \u201cLaw\u201d) on 29 April 2021 with registration number 69150. The Company\u2019s registered address is First Floor, 10 Lefebvre Street, St Peter Port, Guernsey, GY1 2PE. On 6 July 2023 the Company completed a business combination with Global InterConnection Group SA (\"GIG SA\") and is the holding company of the Global InterConnection Group and on that date was renamed from Disruptive Capital Acquisition Company Limited to Global InterConnection Group Limited. The consolidated financial statements incorporate the accounts of the Company and entities controlled by the Company (\"its subsidiaries\"). The term \"Group\" means Global InterConnection Group Limited and its subsidiaries.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-7": {
"value": "2. Basis of preparation and Statement of Compliance 2.1. Standards and amendments effective for the year 2.2. Standards, amendments and interpretations not yet effective The consolidated financial statements give a true and fair view, comply with the relevant Law and have been prepared in accordance with International Financial Reporting Standards (\u201cIFRS\u201d) which comprise standards and interpretations approved by the International Accounting Standards Board (\u201cIASB\u201d) and International Financial Reporting Interpretations Committee (\u201cIFRIC\u201d). The consolidated financial statements have been prepared on a going concern basis under the historical cost convention, modified to include the revaluation of certain financial instruments that are measured at fair value in accordance with IFRS. The preparation of these consolidated financial statements also requires management to exercise its judgment in the process of applying the Company\u2019s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in note 3. The interpretations and amendments to IFRS effective for 2023 have not had a significant impact on the Company\u2019s accounting policies or reporting. A number of amendments and interpretations have been issued which are not expected to have any significant impact on the accounting policies and reporting. The consolidated financial statements comprise the financial statements of the Company and its subsidiaries as at 31 December 2023. Where necessary adjustments are made to the financial statements of subsidiaries to bring their accounting policies in line with the Group's accounting policies. All intra-group assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation. During the year ended 31 December 2023 the Company completed a business combination with Global InterConnection Group SA. Due to the business combination being deemed a reverse acquisition for accounting purposes, the results of the legal subsidiaries acquired are included for the year with the Company included from the date of the business combination, being 6 July 2023. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:254900CUE0P9KFF6VY49",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-243": {
"value": "2.1. Standards and amendments effective for the year
2.2. Standards, amendments and interpretations not yet effective
The interpretations and amendments to IFRS effective for 2023 have not had a significant impact on the Company\u2019s
accounting policies or reporting.
A number of amendments and interpretations have been issued which are not expected to have any significant impact
on the accounting policies and reporting.
The consolidated financial statements comprise the financial statements of the Company and its subsidiaries as at 31
December 2023. Where necessary adjustments are made to the financial statements of subsidiaries to bring their
accounting policies in line with the Group's accounting policies. All intra-group assets and liabilities, equity, income,
expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation.
During the year ended 31 December 2023 the Company completed a business combination with Global InterConnection
Group SA. Due to the business combination being deemed a reverse acquisition for accounting purposes, the results of
the legal subsidiaries acquired are included for the year with the Company included from the date of the business
combination, being 6 July 2023.
The preparation of these consolidated financial statements also requires management to exercise its judgment in the
process of applying the Company\u2019s accounting policies. The areas involving a higher degree of judgement or complexity,
or areas where assumptions and estimates are significant to the financial statements are disclosed in note 3.
4.1. Capital Reorganisation
The Business Combination between GIG Ltd and GIG SA (the \"Transaction\") is accounted for within the scope of IFRS 2
as a capital reorganisation since GIG Ltd did not meet the definition of a business in accordance with IFRS 3. Under this
accounting method, GIG Ltd is treated as the acquired company for financial reporting purposes.
Accordingly, for financial reporting purposes, the Transaction was treated as the equivalent of GIG SA issuing shares at
the closing of the Business Combination for the net assets of GIG Ltd as at the Closing date. The capital reorganisation
reflects the transition of the share capital and share premium from GIG SA to GIG Ltd, which comprises the legal essence
of the Transaction. This results in a decrease within share capital and related increase to share premium, to align the
equity of GIG SA (as the acquirer for financial reporting purposes) with the equity of the Group\u2019s new ultimate legal
parent, GIG Ltd.
The excess of the fair value of consideration for GIG Ltd over the fair value of its identifiable net assets acquired
represents a compensation for the service of a stock exchange listing for its shares and expensed as incurred.
The comparatives in the financial statements represent the financial information of GIG SA and its subsidiaries, both to
31 December 2022 and as at 31 December 2022. The activity and position of the acquired GIG Ltd is considered only
from the Transaction date onwards. That is, the consolidated statement of comprehensive income contains only the
post-acquisition performance of GIG Ltd. See note 20 for further details.
All expenses are accounted for on an accruals basis.
4.3. Ordinary share capital
Equity is classified according to the substance of the contractual arrangements entered in to. An equity instrument is
any contract that evidences a residual interest in the assets of the Company after deducting all its liabilities. Equity is
recorded at the amount of proceeds received, net of issue costs.
4.4 Warrants and Sponsor Warrants
Warrants issued are classified according to the substance of the contractual arrangements entered in to. All warrants
issued are classified as liabilities in accordance with IAS 32 \u2013 \u201cFinancial Instruments: Presentation\u201d as these instruments
include a contractual obligation to deliver cash in certain circumstances and the redemption mechanism is not
mandatory.
The Group has designated Warrants and Sponsor Warrants as liabilities measured at fair value through profit and loss.
Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating
decision-maker. The chief operating decision-maker, who is responsible for allocating resources and assessing
performance of the operating segments, has been identified as the Board of Directors, as a whole.
For management purposes, the Group is organised into one main operating segment. Accordingly, no separate,
reportable segments have been identified as being applicable for the purpose of disclosure within these financial
statements.
4.6.2 Foreign currency transactions and balances
Foreign currency transactions are translated into the functional currency of the Group, using the exchange rates
prevailing at the dates of the transactions (spot exchange rate). Foreign exchange gains and losses resulting from the
settlement of such transactions and from the remeasurement of monetary items denominated in foreign currency at
period-end exchange rates are recognised in profit or loss.
Non-monetary items are not retranslated at the period-end. They are measured at historical cost (translated using the
exchange rates at the transaction date), except for non-monetary items measured at fair value which are translated
using the exchange rates at the date when fair value was determined.
4.6.1 Functional and presentation currency
The currency of the primary economic environment in which the Group operates (\u201cthe functional currency\u201d) is Sterling
(\u201cGBP\u201d) which is also the presentation currency. All amounts are recorded in the nearest GBP, except when otherwise
indicated.
4.7 Intangible assets and goodwill
Intangible assets with finite life are amortised over the useful economic life and assessed for impairment whenever
there is an indication that the intangible asset may be impaired. The amortisation period and the amortisation method
for an intangible asset with a finite useful life are reviewed at least at the end of each reporting period. Changes in the
expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are
considered to modify the amortisation period or method, as appropriate, and are treated as changes in accounting
estimates. The amortisation expense on intangible assets with finite lives is recognised in the statement of profit or loss.
Intangible assets with indefinite useful lives are not amortised, but are tested for impairment annually, either
individually or at the cash-generating unit level. The assessment of indefinite life is reviewed annually to determine
whether the indefinite life continues to be supportable. If not, the change in useful life from indefinite to finite is made
on a prospective basis.
An intangible asset is derecognised upon disposal (i.e., at the date the recipient obtains control) or when no future
economic benefits are expected from its use or disposal. Any gain or loss arising upon derecognition of the asset
(calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the
statement of profit or loss.
The anticipated useful economic life of the cable used in the interconnector project once operational is more than 25
years and will require up to five years to manufacture and install therefore the intangible assets acquired in the
development of the project, being such matters as technical feasibility studies, seabed surveys etc. have been amortised
on a Straight-line basis over 30 years as managements current best estimate of the useful economic life.
Intangible assets acquired in a business combination and recognised separately from goodwill are recognised initially at
their fair value at the acquisition date (which is regarded as their cost).
Subsequent to initial recognition, intangible assets acquired in a business combination are reported at cost less
accumulated amortisation and accumulated impairment losses, on the same basis as intangible assets that are acquired
separately.
Goodwill arising on a business combination represents the difference between the fair value of the consideration paid
and the fair value of the assets and liabilities acquired and is recorded as an intangible asset. Goodwill is not
subsequently subject to amortisation but is tested for impairment annually and whenever the directors have an
indication it may be impaired.
4.8 Financial Instruments
Financial assets and financial liabilities are recognised when the Group becomes a party to the contractual provisions of
the financial instrument. In accordance with IFRS 9 \u2013 \u201cFinancial Instruments\u201d, the Group classifies its financial assets and
financial liabilities at initial recognition into the categories of financial assets and financial liabilities discussed below.
Financial assets and financial liabilities are offset, and the net amount is reported in the Statement of Financial Position
if, and only if, there is a currently enforceable legal right to offset the recognised amounts and there is an intention to
settle on a net basis, or to realise the asset and settle the liability simultaneously. This is generally not the case with
master netting agreements unless one party to the agreement defaults and the related assets and liabilities are
presented gross in the Statement of Financial Position.
a) Classification and initial measurement
i) Financial assets measured at amortised cost
ii) Financial assets measured at FVTPL
- fair value through profit or loss (\"FVTPL\"); or
- fair value through other comprehensive income (\"FVOCI\").
Financial assets are initially measured at fair value including transaction costs (where applicable), unless it is carried at
fair value through profit or loss, in which case transaction costs are immediately expensed.
Financial assets, other than those designated and effective as hedging instruments, are classified into one of the
following categories:
- Its contractual terms do not give rise to cash flows on specified dates that are SPPI on the principal amount
outstanding; or
- the entity\u2019s business model for managing the financial asset; and
- the contractual cash flow characteristics of the financial asset.
A debt instrument is measured at amortised cost if it is held within a business model whose objective is to hold financial
assets in order to collect contractual cash flows and its contractual terms give rise on specified dates to cash flows that
are solely payments of principal and interest on the principal (\u201cSPPI\u201d) amount outstanding.
After initial recognition, these are measured at amortised cost using the effective interest method net of any write
down from impairment. Discounting is omitted where the effect of discounting is immaterial.
The Group will include in this category loans and facilities at amortised cost and accounts receivable.
A financial asset is measured at fair value through profit or loss if:
In the period presented the Group does not have any financial assets categorised as FVOCI or otherwise. The
classification is determined by both:
- It is not held within a business model whose objective is either to collect contractual cash flows, or to both collect
contractual cash flows and sell; or
- At initial recognition, it is irrevocably designated as measured at FVTPL when doing so eliminates or significantly
reduces a measurement or recognition inconsistency that would otherwise arise from measuring assets or liabilities or
recognising the gains and losses on them on different bases.
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date.
The category contains all debt and equity investments \u2013 investments in unlisted private and quoted investments. Assets
in this category are measured at fair value with gains or losses recognised in profit or loss.
The fair values of financial assets in this category are determined by reference to active market transactions or using a
valuation technique where no active market exists.
4.8. Financial Instruments (continued)
4.8.1. Financial assets (continued)
b) Subsequent measurement of financial assets (continued)
iii) Impairment of financial assets
On derecognition of a financial asset, the difference between the carrying amount of the asset (or the carrying amount
allocated to the portion of the asset derecognised) and the consideration received (including any new asset obtained
less any new liability assumed) is recognised in the Statement of Comprehensive Income.
The Group derecognises a financial liability when its contractual obligations are discharged or cancelled or expire.
IFRS 9\u2019s impairment requirements use forward-looking information to recognise expected credit losses \u2013 the \u2018expected
credit loss (\"ECL\") model\u2019. Instruments within the scope of the requirements includes loans and facilities measured at
amortised cost and accounts receivable.
The Group considers a broader range of information when assessing credit risk and measuring expected credit losses,
including past events, current conditions, reasonable and supportable forecasts that affect the expected collectability of
the future cash flows of the instrument.
In applying this forward-looking approach, a distinction is made between:
- Financial instruments that have not deteriorated significantly in credit quality since initial recognition or that have
low credit risk (\u2018Stage 1\u2019); and
- Financial instruments that have deteriorated significantly in credit quality since initial recognition and whose credit
risk is not low (\u2018Stage 2\u2019).
\u2018Stage 3\u2019 would cover financial assets that have objective evidence of impairment at the reporting date. \u201912-month
expected credit losses are recognised for the first category (i.e., Stage 1) while \u2018lifetime expected credit losses\u2019 are
recognised for the second category (i.e., Stage 2).
Measurement of the expected credit losses is determined by a probability-weighted estimate of credit losses over the
expected life of the financial instrument.
The Group derecognises a financial asset when the contractual rights to the cash flows from the financial asset expire,
or when it transfers the financial asset in a transaction in which substantially all the risks and rewards of ownership of
the financial asset are transferred or in which the Group neither transfers nor retains substantially all the risks and
rewards of ownership and does not retain control of the financial asset. Any interest in transferred financial assets that
qualify for derecognition that is created or retained is recognised as a separate asset or liability in the statement of
financial position.
4.8. Financial Instruments (continued)
4.8.2. Financial liabilities
Subsequently, financial liabilities are measured at amortised cost using the effective interest method except for
derivatives and financial liabilities designated at FVTPL, which are carried subsequently at fair value with gains or losses
recognised in profit or loss (other than derivative financial instruments that are designated and effective as hedging
instruments).
1
The \u00a3330,000 recorded in charitable donations represents a donation of 2056 Green Bonds made during the year by
Advanced Cables PLC. This donation followed a director relinquishing the same amount owed to them for directors fees
(which were due to be settled with 2056 Green Bonds), instead requesting the company to consider using the 2056
Green Bonds for a charitable donation. Directors fees have therefore been reduced by the same amount as the
donation.
1
The listing service expense arises due to the business combination between GIG Ltd and GIG SA being treated as a
capital reorganisation under IFRS 2, as disclosed in note 4.1. Accordingly, the Transaction was treated as the equivalent
of GIG SA issuing shares at the closing of the business combination for the net assets of GIG Ltd as at 6 July 2023. The
excess of the fair value of consideration for GIG Ltd over the fair value of its identifiable net assets acquired represents a
compensation for the service of a stock exchange listing for its shares and expensed as incurred. This results in
recognising the expense of \u00a313,978,274 above. The calculation of this figure is disclosed in note 20.
2
The \u00a32,827,340 recognised relates to certain options over shares the Group has granted for entering in to Owners
Engineering Contract (OEC). The contracts are separately negotiated and do not form part of any longer term
incentivisation plan. Further information is disclosed in note 23.
Employee benefit expenses for Directors comprise:
Key management personnel at the reporting date were considered to consist of the Directors of the Group companies.
At 31 December 2021 984,713 984,713
Acquisition of subsidiaries - -
At 31 December 2022 984,713 984,713
Acquisition of subsidiaries - -
At 31 December 2023 984,713 984,713
At 31 December 2021 32,824 32,824
Charge for the year 32,824 32,824
At 31 December 2022 65,648 65,648
Charge for the year 32,824 32,824
Impairment loss 7,438 7,438
At 31 December 2023 105,910 105,910
At 31 December 2022 919,065 919,065
The intangible asset above was in existence prior to the Transaction and is being amortised in line with the policy in
note 4.7(i).
14.1. Capital Reorganisation
C Voting Shares Preferred Shares Ordinary Shares Sponsor Shares
As at 1 January 2022 18,260,100 10,741,743 - -
As at 31 December 2022 18,260,100 10,741,743 - -
GIG Ltd shares prior to Transaction - - 995,634 3,125,000
Sponsor share conversion 3,125,000 (3,125,000)
Sponsor share buyback - - (1,648,721) -
Capital reorganisation (18,260,100) (10,741,743) 14,936,145 -
Issued subsequent to the transaction - - 9,938 -
Warrants exercised during the year - - 1,339,932 -
Bonus issue for warrant exercise - - 3,907 -
Subsidiary shareholding in Company - - (55,926) -
As at 31 December 2023 - - 18,705,909 -
Further details on the capital reorganisation are contained in note 20.
The GIG SA C Voting Shares were exchanged for Ordinary shares in GIG Ltd with the preference shares in GIG SA
exchanged for 2028 GreenBonds. This preference share exchange is treated as a deemed distribution and shown in
retained earnings in the statement of changes in equity.
The tables below, including a comparative, reflect the shares in issue for GIG SA as the accounting acquirer of GIG Ltd
and the subsequent consolidated impact of the Transaction on GIG Ltd, as the legal parent and listed entity.
GIG Ltd also holds the below treasury shares. 3,907 treasury shares were utilised as part of the bonus issue for the early
cash exercise of cash warrants as further described in note 15
14.1. Capital Reorganisation (continued)
Acquired as part of the Transaction 766,494
Bonus issue for warrant exercise (3,907)
As at 31 December 2023 762,587
14.2 Issued share capital
The Company may issue an unlimited number of shares of par value and/or no-par value or a combination of both. The
Company may from time to time hold its own shares as treasury shares.
20. Business combinations during the year
Total value of GIG SA's shares deemed issued 16,561,817
GIG Ltd's net assets as at the date of the business combination:
Warrants at fair value (438,103)
Total net assets acquired 2,583,543
IFRS 2 non-cash listing service share based payment expense
13,978,274
As discussed in note 4.1, the Business Combination between GIG SA and GIG Ltd was accounted for as a capital
reorganisation under IFRS 2 \u201cShare-based Payment\u201d. Accordingly, the Transaction was treated as the equivalent of GIG
SA issuing shares at the closing of the Business Combination for the net assets of GIG Ltd as at 6 July 2023. The excess of
the fair value of consideration for GIG Ltd over the fair value of its identifiable net assets acquired represents a
compensation for the service of a stock exchange listing for its shares and expenses as incurred.
The business combination was completed by way of a share for share exchange with the shareholders of GIG SA
whereby 14,936,145 Ordinary Shares of the Company were issued from Treasury including 2,153,750 of which were
generated by the Company following the exercise of 2,153,750 Warrants held by the Company in Treasury and
1,648,721 which were repurchased from the Sponsor Group for nominal consideration. On the same date, the Company
also acquired 100% of debt instruments issued by GIG SA in exchange for the transfer of 2028 GreenBonds issued by a
subsidiary of GIG SA, Advanced Cables Limited.
As at Closing date, the fair value of GIG SA\u2019s shares that were deemed to be issued to GIG Ltd amounted to \u00a316.6
million, based on the quoted share price of existing shareholders at the time of the acquisition. In return, GIG SA
received GIG Ltd's listing service and its net assets, equal to \u00a32.6 million, which mainly consisted of remaining cash net
of redemptions, receivables and liabilities related to the warrants, resulting in a total non-cash listing service share
based payment expense of \u00a313.9 million to administrative expenses.
The Company has completed a business combination with Global InterConnection Group SA and as from 7 July 2023 is
the 100% shareholder of GIG SA, a group of four companies whose principal activities are to service, supply and invest
in interconnector cables and wider energy infrastructure projects. Further information is available on the company\u2019s
website.
Interest rate risk is the risk that changes in interest rates will affect the income and financial management of the Group.
The Group is exposed to interest rate risk from the 2028 GreenBonds and the 2056 GreenBonds where interest is
payable in reference to the Consumer Price Index as published by the UK Office for National Statistics (CPI) plus a fixed
margin. The risk is managed by the use of a maximum rate payable for the CPI element of 5%, with a minimum rate of
0%.
Equity price risk is the risk of unfavourable changes in the fair values of equity investments as a result of changes in the
value of individual shares. As at 31 December 2023, the Group did not hold any equity investments.
Market risk is defined as \u201cthe risk that the fair value or future cash flows of a financial instrument will fluctuate because
of changes in variables such as equity price, interest rate and foreign currency rate\u201d.
Changes in industry conditions, competition, political and diplomatic events, tax, environmental and other laws and
other factors, can substantially and either adversely or favourably affect the value of the securities in which the Group
invests and, therefore, the Group\u2019s performance and prospects.
In addition, and as the Warrants are recognised at fair value and are liabilities on the balance sheet of the Group, the
Group is also exposed to the volatility of the Warrants. The Group\u2019s liabilities may then deviate over time because the
value of the Warrants can fluctuate due to changing market conditions.
ii) Interest rate risk (continued)
Maximum
/minimum CPI
basis
Effect on profit
before tax 2023
Effect on profit
before tax 2022
Loans and borrowings 5%
(222,231)
-
Loans and borrowings 0%
553,666
-
iii) Foreign currency risk
The following table demonstrates the sensitivity to a change to the maximum and minimum rates payable on the 2028
GreenBonds and 2056 GreenBonds. With other variables held constant, the impact on the Group's total comprehensive
income and net assets is as below:
Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes
in foreign exchange rates. As the large majority of the Group's transactions are carried out in the functional currency
the risks are to the Group of foreign exchange rate fluctuations are considered low.
For the year ended 2022 loans and borrowing were at fixed rates therefore changes to interest rates would have no
impact and no further sensitivity analysis is presented.
The below table shows the cash balances held and the Moody's credit rating for each counterparty. At the reporting
date there are no expected credit losses from non-performance by counterparties.
The table below shows the maximum exposure to credit risk for each component of the Statement of Financial Position:
Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to
discharge an obligation, expected credit losses are measured using probability of default, exposure at default and loss
given default. Management considers both historical analysis and forward looking information in determining an
expected credit loss.
Besides the cash held at bank to fund the operational costs of the Company, the Company has previously utilised an
escrow account at Barclays for the proceeds received from the Company\u2019s Offering.
Liquidity risk is the risk that the Group will encounter in realising its non-cash assets or otherwise raising funds to meet
financial commitments.
Liquidity risk is managed and monitored weekly by the administrator of the Group. The Group manages its liquidity risk
by a combination of maintaining cash levels to fund short-term operating expenses and retained profits.
The maturity analysis of financial instruments as at 31 December 2023 is as follows:
The maturity analysis of financial instruments as at 31 December 2022 is as follows:
Following completion of the business combination with GIG SA on 6 July 2023 the Group continues to seek to raise
development capital for the business which it intends to complete via either a direct equity issue, an issue of equity in
subsidiary entities and/or an issue of loan notes from the subsidiary entities. Funds raised will be utilised for the
purposes of pursuing the objectives of the Group and the development of the Group projects.
A summary table with maturity of financial assets and liabilities of the Group is presented. The amounts disclosed in the
tables are the contractual undiscounted cash flows. Undiscounted cash flows in respect of balances due within 12
months generally equal their carrying amounts in the Statement of Financial Position as the impact of discounting is not
significant.
The Company is authorised to issue Ordinary Shares and Warrants (which are convertible into ordinary shares subject to
the Company meeting specific requirement in relation to entering into a business combination, as described in the
Prospectus). As at 31 December 2023, the Company\u2019s capital is represented by Ordinary Shares, as detailed in Note 14
to these financial statements, as well as issued Sponsor Warrants, as detailed in Note 15 to these financial statements.
As a result of the ability to issue, repurchase and resell shares, the capital of the Company can vary. The Company is not
subject to externally imposed capital requirements and has no restrictions on the issue, repurchase or resale of its
shares.
- to ensure the Group\u2019s ability to continue as a going concern; and
- to provide an adequate return to shareholders by investing capital in operational and development activities.
The Group\u2019s capital management objectives are:
The Group manages the capital structure and adjusts it in the light of changes in economic conditions and the risk
characteristics of the underlying assets. In order to maintain or adjust the capital structure, the Group may adjust the
amount of dividends paid to shareholders, return capital to shareholders, issue new shares, or sell assets to reduce
debt.
18. Fair value measurement
18.1. Fair value measurement of financial instruments
Level 1: Quoted price (unadjusted) in an active market for an identical instrument.
Level 2: Valuation techniques based on observable inputs, either directly (i.e., as prices) or indirectly (i.e., derived from
prices). This category includes instruments valued using: quoted prices in active markets for similar instruments; quoted
prices for identical or similar instruments in markets that are considered less than active; or other valuation techniques
for which all significant inputs are directly or indirectly observable from market data.
Level 3: Valuation techniques using significant unobservable inputs. This category includes all instruments for which the
valuation technique includes inputs not based on observable data and the unobservable inputs have a significant effect
on the instrument\u2019s valuation. This category includes instruments that are valued based on quoted prices for similar
instruments for which significant unobservable adjustments or assumptions are required to reflect differences between
the instruments.
The level in the fair value hierarchy within which the fair value measurement was categorised in its entirety was
determined based on lowest level input that was significant to the fair value measurement in its entirety. For this
purpose, the significance of an input was assessed against the fair value measurement in its entirety.
If a fair value measurement used observable inputs that required significant adjustment based on unobservable inputs,
then those investments were measured using Level 3 inputs. Assessing significance of a particular input to the fair value
measurement in its entirety required judgment, considering factors specific to the asset or liability (see valuation
techniques disclosed below). The determination of what constitutes observable required significant judgment by the
Directors of the Company.
Financial assets and financial liabilities measured at fair value in the statement of financial position are grouped into
three levels of a fair value hierarchy. The three levels are defined based on the observability of significant inputs to the
measurement, as follows:
18. Fair value measurement (continued)
18.1. Fair value measurement of financial instruments (continued)
Level 1 Level 2 Level 3 Total
Warrants measured at fair
value
15 - 3,854,584 - 3,854,584
Total
- 3,854,584 - 3,854,584
The following table shows the levels within the hierarchy of financial assets and liabilities measured at fair value on a
recurring basis:
The value of the warrants above was calculated using the Black-Scholes model assuming volatility of 36.85%, interest
rate of 3.00% and expected dividends of 4.00%. The volatility was based on the historical volatility of a proxy company
due to the lack of an active market.
There were no financial assets and liabilities measured at fair value as at 31 December 2022.
The Directors of the Company considered observable data to be market data that was readily available, regularly
distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively
involved in the relevant market.
19. Basic and diluted earnings per share
(\u00a327,417,600) (\u00a37,138,309)
Basic and diluted loss per share (\u00a31.57) (\u00a30.48)
For the purpose of calculating diluted earnings per share, the profit or loss attributable to ordinary equity holders of the
Company, and the weighted average number of shares outstanding are adjusted for the effects of all dilutive potential
ordinary shares.
There is no difference between the basic and diluted earnings per share.
The Basic Earnings per share has been calculated on a weighted-average basis and is derived by dividing the net profit/
(loss) for the year attributable to ordinary equity shareholders by the weighted-average number of ordinary shares in
issue, outstanding during the year. As the business combination was accounted for as if GIG SA was the acquirer of GIG
Ltd the number of shares has been adjusted to reflect the ratio of the share exchange used in the Transaction.
Weighted average of ordinary shares in issue for basic loss
per share
Total profit/(loss) for the year attributable to the
shareholders
21. Contingent liabilities
On 7 March 2023, the Company issued a press release confirming the outcome of the share tender process in which it
was noted that 737,877 shares had been tendered but which failed to meet the requirements of the tender, being
either submitted late or in respect of more than 95% of the shareholding. The holders of 400,000 shares (of which
379,999 would have been available to tender) have presented a claim to the Company that the shares were tendered
within the terms of the tender process and that the Company should, therefore, repurchase those shares at \u00a310.789 a
share (as per the initial tender offer). The total value of those claims is \u00a34,099,809. The Company robustly denies these
claims. The Company has been engaging with the shareholders during the twelve months following the share tender
process in order to reach a mutually acceptable conclusion and continues to do so.