As share scheme and share option plan specialists, we have found consistant areas that deserve particular attention, as well as introduced a range of share plan support products to assist with the effective execution of a plan.
In addition to establishing an Employee Benefit Trust (EBT), part of our service would be to maintain the administration of the Trust. This includes:
These actions cover the typical EBT administration activities that would be carried out by RM2.
RM2 will take a look at your existing Articles of Association and any shareholder or investor agreements. If you are a private company, there is a good chance that these documents will need to be modified before your scheme is implemented, otherwise serious trouble could ensue.
For example, you will probably have to restructure the share capital so that it works practically with your scheme. If employees are to become shareholders at any point, there will need to be rules about how they can sell their shares, and to whome. There will also need to be rules to ensure that no employee shareholder can impede the sale of the company.
We can assist with this process by carrying out the following steps:
If you would like to discuss your requirements for bespoke Articles of Association for an existing company, please feel free to call us 020 8949 5522 or via firstname.lastname@example.org.
Our specialists are highly experienced in carrying out share valuations for the purposes of employee share schemes. We agreed hundred of share valuations every year with HMRC. We possess the knowledge and expertise to review your financial information, as well as considering the 'bigger picture', to produce a fair and accurate valuation for tax purposes.
To find out more about when you may need a share valuation, and how we can assist with this, please visit our Share Valuations page, or call 020 8949 5522 to speak with a member of our team.
RM2 can carry out a range of secretarial duties that are required for the effective implementation and on-going administration of employee share plans. These duties include: