haysmacintyre provided financial and tax due diligence, and SPA support on St Austell Brewery’s acquisition of The Bath Pub Company.

haysmacintyre acted as reporting accountant on Tan Delta Systems PLC’s successful admission to AIM.

haysmacintyre prepared a detailed explanatory memo and supported negotiations, which reduced the buyer’s advisors’ assessment of the target’s tax exposure on employment related securities from £2m to £250,000.

We worked with the target’s finance team to produce personal Capital Gains statements and tax return completion instructions for over 100 shareholders.

As required by the buyer, our reporting was by exception, bringing to their attention ‘red flag’ items as soon as possible. This included where our review identified deficiencies in the EMI documentation or late reporting to HMRC, which would give rise to employment tax risks.

Implementation of an EMI plan to give effect to shares already earned by the CEO, including agreement of valuation methodology with HMRC.

Implementation of an EMI option plan over multiple classes of growth share to give effect to a management ratchet mechanism.

haysmacintyre advised BWP REIT Plc on its admission to IPSX.

BWP REIT Plc raised £35m through the issuance of 35 million new ordinary shares.