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EMI option exercise discretion, performance conditions and eligibility; HMRC tax adviser registration roll-out; ERS 2025–26 filing and consultation deadlines—Share Incentives weekly highlights (16 April 2026)

Published on: 16 April 2026

Published by a LexisNexis Share Incentives expert
Legal News
Table of contents
  • New content
  • Q&As
  • Useful information
  • Staggered roll-out for mandatory tax adviser registration
  • Dates for your diary
  • Weekly highlights from other practice areas
Article summary

In this issue:

  • New content
  • Useful information
  • Dates for your diary
  • Weekly highlights from other practice areas

New content

Q&As

  • Can an enterprise management incentives (EMI) option be structured to be exercised on an exit, whilst also empowering the board—subject to the approval of the shareholders—with additional discretion to permit exercise in other situations?
  • Can EMI scheme rules be amended so that performance conditions are introduced for future option awards, without in any way disturbing options already granted?
  • May a fully listed company lawfully issue EMI options, provided that the other conditions set out in Schedule 5 to ITEPA 2003 are satisfied?
  • Is a company able to grant EMI options to employees who are based outside the UK?...

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