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09 October 2002 / Jayesh J Doshi , Ian Morgan
Issue: 3878 / Categories: Forum & Feedback

 

Share options maximum


The maximum entitlement of options under the enterprise management incentive scheme that can be granted to an employee is, as per paragraph 10 of Schedule 14 to the Finance Act 2000, £100,000.

 

Share options maximum


The maximum entitlement of options under the enterprise management incentive scheme that can be granted to an employee is as per paragraph 10 of Schedule 14 to the Finance Act 2000 £100 000.

Paragraph 10(1) states that an employee may not hold unexercised qualifying options which are in respect of shares with a total value of more than £100 000. Paragraph (7) states that for the purposes of the paragraph the value of shares means the market value at the time the option is granted of shares of the same class as those that may be acquired by exercise of the option and that an option is treated as granted in respect of the maximum number of shares that may be acquired under it.

For example assume that XYZ Ltd grants...

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