Basic principles of a JSOP

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What is a JSOP?

Jointly owned shares are no more and no less than their description implies, namely shares owned jointly by an employee or director and a third party, either an investor in the company or, more commonly, the trustees of an employee benefit trust (EBT).

The concept of joint share ownership was developed in the early part of this century as an alternative to other forms of shares incentives such as share options, restricted

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Latest Share Incentives News

Share Incentives weekly highlights—12 June 2025

This week's edition of Share Incentives weekly highlights includes the FCA’s publication of the final rules for the PISCES sandbox to allow trading in private company shares.

Share Incentives weekly highlights—5 June 2025

This week's edition of Share Incentives weekly highlights includes: (1) a focus on executive remuneration, as the 2025 AGM season continues and (2) a new Practice Note on accounting for share-based payments.

Share Incentives weekly highlights—29 May 2025

This week's edition of Share Incentives weekly highlights includes: (1) HMRC’s evaluation of employee ownership trusts (EOTs), (2) a reminder of the 6th July filing deadline for annual share schemes returns to HMRC and (3) a focus on executive remuneration, as the 2025 AGM season continues.

Share Incentives weekly highlights—22 May 2025

This week's edition of Share Incentives weekly highlights includes (1) confirmation that EMI and CSOP legislation will be amended to allow PISCES to apply to existing options, (2) HM Treasury’s launch of a consultation on reform of the Consumer Credit Act 1974 and (3) a focus on executive remuneration as the 2025 AGM season continues.

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