In major corporate deals, it’s essential to have a law firm working with you that has market leading experience in helping to build employee incentive schemes. We can help to set up or change the terms of UK and international share schemes and so-called phantom share schemes – such as share option schemes, restricted stock option plans, share appreciation right schemes, deferred bonus plans, long term incentive plans and other tailored arrangements. Our advice can take into account the tax, company law and employment law issues as well as related corporate governance and FSA Remuneration Code aspects. The firm can also advise on the full range of tax and national insurance issues that affect staff and employers.
Relevant experience includes advising:
- Kennametal on acquiring employee interests as part of its €277 million acquisition of Deloro Stellite
- Lloyds Development Capital on the share schemes aspects of its acquisition of Workplace Systems International
- Pendragon on the employee share schemes aspects of its rights issue
- EAT and its management on the share scheme aspects of a secondary buy out backed by private equity house Lyceum Capital
- Heath Lambert on the share schemes aspects of its takeover by Arthur J. Gallagher
- Savills in relation to ongoing advice on the operation of its employee share schemes
- TT electronics on the implementation of all-employee share arrangements in the US and Austria and the ongoing administration of its employee share schemes
- Puricore with ongoing advice on the operation of its employee share schemes
- AAC Capital Partners on the share scheme aspects of its acquisition of a majority stake in NSL Services Group from 3i
- Lloyds Bank on the implementation of share incentive plans as part of the restructuring of White Young Green
- Informa on the employee share schemes aspects of its rights issue and redomicile
- Big Yellow on establishing an innovative employee incentive plan with favourable tax treatment
- Alfred McAlpine on the implications of the £572 million takeover by Carillion for its employee share schemes
- Hampson Industries on a performance share plan and a co-investment plan for senior employees in the UK, US and India
- Arawak Energy on a long-term incentive plan and the effect of its listing on the London Stock Exchange on its existing employee share schemes
- National Australia Bank on the operation of its employee share schemes in the UK
- Magna International, the Canadian automotive group, on its group share incentive plans in the UK, including the consolidation of various plans and the implementation of new arrangements
- NSB Retail Systems on the implications for its employee share schemes of its takeover by Epicor Corporation
- Conchango on the effect of its reverse takeover of Harrier Group on its employee share schemes and subsequently in respect of its takeover by EMC Computer Systems (UK), a subsidiary of EMC Corporation