Royalties payable, £m
£150m
One-off
payment
in shares
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2016
2018
2020
2022
2024
£150m
One-off payment
in shares
Royalties payable, £m
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2016
2018
2020
2022
2024
Royalties payable, £m
£150m
One-off payment
in shares
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2016
2018
2020
2022
2024
Ovo royalties payable to Imagination Industries
Royalties payable, £m
£150m
One-off payment
in shares
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Royalty payments, £m
£150m
One-off
payment
in shares
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2016
2018
2020
2022
2024
£150m
One-off payment
in shares
Royalties payable, £m
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2016
2018
2020
2022
2024
Royalties payable, £m
£150m
One-off payment
in shares
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2016
2018
2020
2022
2024
Royalties payable, £m
£150m
One-off payment
in shares
£50m
40
40
30
27
24
20
10
7
5
5
4.6
3.6
3.3
2.5
0
0
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024