2024
haysmacintyre advised on cancellation of existing Enterprise Management Incentive (EMI) options and regrant at a lower exercise price. Whilst the business had grown fast during lockdown, its trajectory had slowed in 2023, and management wished to rebase options at a lower strike price. We successfully negotiated a significantly reduced EMI valuation to reflect this slowdown. We then advised on the tax treatment of the cancellation and regrant at the lower exercise price and provided the documentation to do this.
Awards and Accreditations
