Our client was a delivery technology company with between 51 and 200 employees, operating in a fast‑growing and commercially driven sector
The client required the implementation of a share options framework that balanced commercial flexibility with strict legal compliance. The work was time‑pressing and required careful coordination to ensure that both EMI and non‑EMI arrangements were aligned and capable of operating seamlessly together. The framework needed to support future growth while giving the business confidence that its approach met regulatory requirements and could be implemented without disruption to day‑to‑day operations.
We provided specialist, partner‑led advice focused on delivering a practical and compliant solution within a short timeframe. Working closely with the client, we ensured that all documentation was carefully structured and consistent across EMI and non‑EMI option arrangements. Our approach combined legal precision with clear, accessible advice, allowing the client to understand the framework and its implications. We prioritised speed without compromising on compliance, producing clear documentation that could support both immediate implementation and future option grants. This pragmatic approach enabled the client to proceed with confidence and maintain momentum during a period of growth.
We successfully produced a full suite of documentation, including deeds of adherence, notices of exercise, EMI and non‑EMI option agreements, section 431 elections, and share certificates. All options were granted and exercised efficiently, with share issuances completed smoothly and without delay. The framework provided the client with a robust and scalable structure to support future incentives.
Andrew Gordon was the Lead Partner on this on this transaction, supported by Stephanie Jeyachandra.
Commercial Law and Data Protection
Corporate Law