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Trustee Service

Equiniti Share Plan Trustees Limited (ESPTL) provides our onshore share plan trustee services, specialising principally in Share Incentive Plans.

The Trustee Team, who are totally independent, comprises multi-disciplined individuals specifically brought together from different areas of the business. The team provides the highest standards of corporate governance and a broad spectrum of expertise; playing a vital role over ownership and control of assets held within the Plan.  

Working closely with HMRC, the Trustees are able to provide a service based on the ethos of sharing best practice across their client base.

ESPTL currently acts as Trustee for more than 90 Share Incentive Plans, with assets in excess of £1.9 billion. Based on ifs Proshare figures (May 2016) it is the UK market leader, covering 57% of market participants.

The principal role of the Trustees in Share Incentive Plans is to:

  • Ensure that the Plan abides by the Trust Deed and Rules and in line with governing legislation (Schedule 2, ITEPA 2003)
  • Look after the interests of participating employees, ensuring fairness
  • Instruct the Plan Administrators in share awards and purchases
  • Facilitate participant voting in relation to Annual General Meetings
  • Distribute dividends
  • Oversee all Plan communications, cash reconciliations and share reconciliations
  • Sanction any appropriate adjustments
  • Provide advice and guidance in relation to Corporate Actions and to receive Participants’ instructions
  • Provide Form 39 Share Incentive Plan Tax Returns and prepare and lodge SA900 Trust and Estate Tax returns

GET IN TOUCH

If you’d like to find out more about any of our services for organisations, just send us some details and we will get in touch.

If you are an individual who needs assistance with a service we provide to organisations, please go to our Employee Share Plan Participant Enquiries page to find out more.