ETASSUM23100 - Schedule 2 share incentive plan (SIP): Shares that may be awarded: Introduction

Paragraph 25 imposes requirements in relation to the shares which can be awarded under Schedule 2 SIPs. The requirements for shares (바카라 사이트śeligible shares바카라 사이트ť) which can be used are then set out in paragraphs 26 to 29 of Schedule 2.

The aim of the legislation is to ensure that the shares which participants will acquire under a Schedule 2 SIP are:

  • normal shares on normal terms (paragraphs 28 and 29),

  • in a company:

  • with which their employment can be identified (paragraph 26), and
  • that offers little scope for manipulating the value of the shares (paragraph 27).