
Computershare offers a vested share account for plan participants. This allows participants to hold electronic shares that vest from share plans. The arrangements can be introduced seamlessly so that, subject to the participant providing any express election to use the vested share account, there is no need for any period of discontinuity between the vesting and the vested share account becoming effective.
Advantages to your participants:
- The VSA allows participants to hold shares safely and securely without the need to set up a brokerage account or receive a share certificate
- It provides access to a share dealing service should participants wish to transfer or sell shares
- Computershare's name appears on the share register therefore participant details will remain private as they will not be held on the main share register
- It allows automatic re-investment of dividends into additional shares.
Want to find out more? Email Iain Wilson to discuss your requirements.