Examples of UK Sharesave in a sentence
In the Group’s UK Sharesave scheme, the cost is calculated as the difference between the option price and the market price at date of grant.
Under the Old Ferguson UK Sharesave, participants may elect not to exchange their options for options of equivalent value over New Ferguson Shares.
The ISP includes a UK Sharesave Plan under which eligible employees in the UK shall benefit from favourable tax treatment in respect of options granted to them (a “UK Sharesave”).
The following is a general summary of the impact of the Scheme on existing options and awards granted under the Old Ferguson Employee Share Schemes.Awards granted under each of the Old Ferguson Employee Share Schemes save for the Old Ferguson UK Sharesave will be exchanged automatically for options and awards of equivalent value over New Ferguson Shares in accordance with the rules of the relevant scheme(collectively the “Replacement Awards”).
Under the terms of the Old Ferguson Employee Share Schemes (with the exception of the Old Ferguson UK Sharesave) unvested participants’ options and awards relating to Old Ferguson Shares will be exchanged automatically for equivalent rights relating to New Ferguson Shares.