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Share Incentives weekly highlights— 2 July 2020

Share Incentives weekly highlights— 2 July 2020
Published on: 02 July 2020
Published by: LexisPSL
  • Share Incentives weekly highlights— 2 July 2020
  • In this issue:
  • Finance Bill 2020
  • New clause provides clarity on EMI disqualifying events
  • Governance and regulatory issues
  • Tesco shareholders rebel over changes to the company’s performance share plan
  • Boohoo reveals new £150m executive incentive plan
  • High Pay Centre publishes analysis of new pay ratio reports
  • Coronavirus (COVID-19)
  • HMRC updates guidance and Treasury makes a further Direction on the Coronavirus Job Retention Scheme
  • More...

Article summary

This week’s edition of Share Incentives highlights includes: (1) a new clause for inclusion in Finance Bill 2020 which provides that a disqualifying event does not occur in relation to an individual’s enterprise management incentives option as a result of the individual taking leave, being furloughed or working reduced hours because of coronavirus disease, (2) the latest updates on coronavirus (COVID-19) relevant to employee share incentives, and (3) a continued focus on executive remuneration as the AGM season progresses. or take a trial to read the full analysis.

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