GEO INSIGHTS

The UK Government's Budget saw a rebrand of the Company Share Option Plan, alongside updates to the Enterprise Management Incentive regime and a reduction to the Business Asset Disposal Relief lifetime limit. The Government also made a U-turn on its decision to reduce the cash ISA limit.

How the UK Government's buget affects share plans.

Reports former employee concerns about vested options and exclusion from a previous liquidity event.

Notice of use of treasury shares in connection with employee share scheme arrangements.

Bursa approved listing of shares representing up to 3% of issued share capital under proposed combined LTIP, subject to conditions.

Micron announced a quarterly bonus programme linked to profits, with half paid in cash and half in shares vesting after one year.

Additional shares issued under the company's employee option scheme.

Proposed ESOS with capacity of up to 10% of issued shares and proposed participation by eligible executive directors.

The Act became law and clarifies reliance on longstanding IRS valuation guidance when determining adequate consideration in ESOP transactions.