Background: The employee share trust is the most tax-efficient and commercially effective vehicle for operating an internal market in the shares of a private company. It allows employees in private companies to sell their shares to a willing market for value. The webinar explains, through the use of diagrams, how the employee share trust works in practice to support the operation of employee share schemes through the recycling of shares. Furthermore, it demonstrates how the employee share trust can facilitate succession planning and investment diversification for owner-managers of private companies and provide the basis for a management buyout.
David Craddock is an independent consultant specialising in employee share ownership and reward management. A recognised authority on the subject, he is the author of The Tolley’s Guide to Employee Share Schemes, along with many other essential books and courses.
David’s clients range from major public limited companies with international considerations to smaller private companies where the requirements are for Enterprise Management Incentives, tax-unapproved share scheme arrangements and market-making employee share trust structures. David has successfully established employee share schemes and employee benefit arrangements worldwide and to date has travelled to over 30 countries to personally facilitate their introduction. He enhances his service through a long experience in share reconstructions and share valuation.
David is a regular conference speaker for the Esop Centre and senior examiner for The ESOP Institute in London in relation to The Certificate in Employee Share Ownership Studies, the material for which he is author and principal authority.
Monday, 29 June 2020
12:00 - 12:45