Earlier quoted context omitted.
HEAT warheads (what NLAW has) is completely to do with shaped charges.
Yes, but it is not how it is used in Ukraine. Quote: "Against tanks and other armoured vehicles, the overfly top attack (OTA) mode is used; the missile flies about one metre above the line of sight, detonating the warhead above the target's weaker top armour". It has dual-mode: direct attack and OTA. The many tanks in Ukraine are killed in OTA, that does not use the shaped charge effect.
"In conventional overflight missiles a keyhole effect resulting in reduced penetration into the target is caused by a shaped charge jet which develops during the missile flight. The MBT LAW warhead, similar to the BILL 2 missile warhead, incorporates a dynamically compensated shaped and copper lined charge to retain the penetration characteristics."