You’re in control and can take them back if the award criteria aren’t met
If circumstances change or the recipient doesn’t meet your award criteria you can always cancel the growth shares and we’ll just convert the allocated shares into worthless deferred shares.
Once you’re happy the award criteria have been met you make the growth shares ‘unconditional’ and they will now be dividend yielding.
Give Vestd a try!
Vestd is the UK’s first share scheme management platform for SMEs.
It is the easiest, simplest and most cost effective way to create an EMI share scheme for your business.
I’d looked at traditional routes of doing it but I really wanted somewhere I could keep track of all the share movements easily. On Vestd I can clearly see details of the share authorisations, shareholders and the actual shares that have been issued. It makes it so simple.