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Share Incentives weekly highlights—2 November 2023

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Published on: 02 November 2023

Published by a LexisNexis Share Incentives expert

Table of contents

Tax treatment
Fact or Fiction?—Director’s share options are deemed to be employment-related securities per the Supreme Court decision in HMRC v Vermilion Holdings Ltd
Company law, governance and regulatory matters
The Takeover Panel responds to Rule 21 review and publishes amendments to Practice Statement 5
Remuneration issues for financial services firms
FCA sets out remuneration expectations
Corporate governance
Unilever PLC freezes CEO pay after shareholder vote rejects DRR
FRC publishes report on how companies can improve their corporate reporting
New Q&A

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Article summary

This week's edition of Share Incentives weekly highlights includes: (1) further analysis of the Supreme Court’s decision in Vermilion, (2) confirmation of amendments to the Takeover Code, and (3) a letter from the FCA to chairs of remuneration committees.

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