We assist corporate partners with advice and planning around all aspects of share plans and employee ownership.
Our experience and our network allow us to align your requirements with the best providers, creating a bespoke solution tailored to your exact needs at any given time.
Our experience encompasses all possible strategies, meaning we can provide an end-to-end solution regardless of your company circumstances – from pre-IPO and beyond. We also place great importance on employee guidance and education which we offer as standard.
Below are demonstrations of how we have been able to help our clients achieve their objective by…
TPXimpact appointed Dowgate Capital as Corporate Broker in July 2020. Equity Solutions were tasked with co-ordinating all transactions in the company’s shares by its directors and employees with a view to maintaining an orderly market. A high percentage of employee share ownership predominately held in certificated form resulted in a very low free float for the company. Therefore, it was imperative to implement a coordinated and structured process.
OTAQOTAQ is a corporate client who needed to implement an all employee SIP. Equity Solutions provides a service whereby we can advise on types of share plans, what providers will be required and how we can facilitate the trading. We also have a vast network of share plan related providers who can be introduced depending on a company’s specific requirements.
Where employee ownership is involved, it is helpful to provide them with an understanding of being a shareholder and what to expect when they are selling their shares. All employees were invited to presentations including information on the history of the London Stock Exchange, how shares are traded and trading terminology. Employees were then invited to open individual dealing and custody accounts with Dowgate to dematerialise and hold their share certificates. All employees had access to a designated team who were on hand to guide them through the onboarding process and provide any further support around trading their shares.
When instructed to sell shares by an employee, a high touch approach was taken to ensure the best outcome for both the seller and TPXimpact’s share price. Expectations around time and price were managed and communicated throughout the transactions and precautions around PDMRs and restricted stock were followed by the Equity Solutions team.
To date over 150 trades have been effected with a combined value of over £17 million. TPXimpact’s market cap has risen from £40 million to £200 million.
OTAQ needed both a UK SIP provider as well as an Employee Benefit Trust provided by a company who could facilitate an International SIP element. Providers who, were conscious of the need for Dowgate to be involved in all processes due to lack of liquidity in the market for OTAQ shares, understood OTAQ’s goals, and met budgetary requirements were sourced by Equity Solutions and introduced to the company.
Once providers were engaged, Equity Solutions coordinated a joined up approach to ensuring the smooth running of onboarding and implantation for OTAQ. Once completed, Equity Solutions facilitates monthly purchases for the UK SIP, quarterly purchases for the International SIP and an ongoing purchase instruction for the Employee Benefit Trust. We maintain communication and relationships with OTAQ’s providers as well as OTAQ to ensure that processes run smoothly and that OTAQ continues to get the best service from all parties.
