We provide tailored, commercial solutions reflecting the company's objectives, its structure and its business, factoring in tax and shareholder considerations. We provide financial modelling and option pricing services to illustrate the financial effects of alternative solutions and best use of equity.
Best practice and shareholder guidelines – "comply or explain", consultation with institutional shareholders, advice to remuneration committees, assistance with remuneration reports and relevant regulatory frameworks.
The matrix involving accounting for share plans and employee trusts, sourcing shares through market purchase or new issue, funding aspects and corporate tax relief. We support liaison with auditors in determining the appropriate policies for recognising costs of share awards under relevant accounting standards.
We create clear legal documentation, plan rules and communications with participants. We can obtain tax clearances and approvals and contribute to shareholder communications. We can also assist in project management with trustees and other service providers. We guide companies through the practical, legal, regulatory and country-specific issues involving in establishing and operating international plans and we assist non-UK companies in relation to the UK aspects of the plans they operate.
How the plan works in practice is important. After launch we provide continuing advice, as required, on any aspect of the plan throughout its life, through to maturity. We help companies deal with leavers and new hires, new tax rules and legislative developments, new grants, new or amended performance targets and other changes a company may need to tackle along the way.
Due diligence aspects and advice on how to deal with the target's share and incentive plans. Planning and structuring advice in the context of exits, restructurings, demergers, IPOs and on takeovers.