Services for corporates

Cashless exercise and sale facility - Executive options

We provide a deferred settlement facility which enables executives to exercise their options using funds made available by their sale of shares.

From the proceeds of the share sale, we pay the option costs to the company; this includes Tax and National Insurance where applicable. Laws and tax rules may change in the future without notice. The remaining funds are then paid to the executive.

The executive can also use this facility to sell sufficient shares to retain the balance.

Small shareholders sale facility

This service allows companies to provide an exit opportunity to small shareholders with holdings that are below a pre-determined level.

The company contact shareholders to offer a low-cost deal on a specific date and will carry out one bulk sale on that date, at a low commission rate.

Bulk dealing linked to maturing share schemes (SAYE or profit share)

In conjunction with the company and the ‘savings carrier’ (usually a bank or building society), we would aim to  contact all qualifying employees approximately 4-6 weeks in advance of the deal giving them the option of:

• Straight-through online applications
• A sale on the vesting date. This would be done on a bulked basis at a reduced commission rate with no minimum charge. Employees have the option to set limit prices for any deals and we will aim to sell at that price. If, however we are unable to do so within approximately 2 weeks, we will seek further instructions from the employee
• Partial/full transfer to a spouse/third party with the shares thereafter being sold to allow efficient use of Capital Gains Tax allowances