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2022-05-23
Case Studies

AIM listed company refreshing existing share plans

Home / Knowledge base / AIM listed company refreshing existing share plans

Posted by Steve Halkett on 07 October 2016

Steve Halkett - Corporate Lawyer
Steve Halkett Partner - Head of Corporate
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Business sector: Technology

Turnover: £5m

Shareholder/business goals and challenges

  • Incentivise and retain key employees and directors
  • Improve tax efficiency offered by tax inefficient existing share plans
  • Ensure compliance with current investor protection guidelines

What we did and achieved

  • Implemented new Enterprise Management Incentive share option plan
  • Management returns capable of being delivered with only 10% tax cost
  • Compared with current plans, potential tax saving of up to 37% for management and 13.8% for the company
  • Plan designed to take account of current best practice and shareholder guidelines

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Steve Halkett - Corporate Lawyer

About the author

Steve Halkett

Partner - Head of Corporate

Steve is a partner in the corporate team who specialises in transactional work.

Steve Halkett

Steve is a partner in the corporate team who specialises in transactional work.

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