Implementation of a UK sub-plan to a US option plan, including adjustments to the US Section 409A valuation to obtain a significantly lower valuation for UK EMI purposes.

haysmacintyre provided accounting and tax advisory services throughout the sale process. Target was sold to private equity. Deal value of £34m, no Earn Out but included rollover equity of 50% for key management.

Key highlights: we assisted with tax consequences on late change to articles for growth shares and resolve buyer’s valuation concern over EMI Options granted a month before HoTs received; and we assisted with tax position for options granted to non-UK employees (3 jurisdictions).

haysmacintyre acted as reporting accountant on GS Chain PLC’s successful admission to the London Stock Exchange’s Main Market, where it raised £1.2m

haysmacintyre provided tax and sale and purchase agreement advice on the company’s sale

haysmacintyre provided tax and accounting advice, and transaction support services during the company sale

haysmacintyre acted as reporting accountant on More Acquisitions Plc’s successful admission to the London Stock Exchange’s Main Market, where it raised £1.2m

haysmacintyre provided advisory services on the acquisition of The Abbey Hotel in Bath

haysmacintyre acted as reporting accountant on ChallengerX Plc’s successful admission to Aquis