Ledgy

We're delighted for Rob van den Heuvel and the whole Sendcloud team – another stellar European scaleup empowering its employees with equity ownership. With so many leading tech companies emerging from the Netherlands, we are excited that the next stop on our European equity roadshow will be Amsterdam! Register your interest in joining us at our September breakfast event: https://lnkd.in/eJ5R6hMc

Are version control worries blocking collaboration on equity management? Ledgy’s transaction audit trails let you see exactly what’s changed when on any given transaction, and who made the change. So your team can collaborate confidently and manage equity efficiently, without compromising control or auditability. Want to learn more about how it works? Go to https://lnkd.in/eY5wFHEW

There were many lessons learned from tech’s boom period of 2021-22. One of the most tangible for founders and operators was that the correct valuation can make all the difference to a business’s growth and investment prospects. In our latest article we run through some common ways to value businesses, discussing how valuation methods evolve and change depending on the company’s profile and scale. https://lnkd.in/eRR9MnZs

Another year, another incredible offsite with the Ledgy team! We were blessed with clear skies and relentless sunshine at the beautiful Cascina Erbatici, the perfect backdrop as we celebrated our successes from the last 12 months. There was a mix of insightful company-wide sessions, guest speakers, and collaborative team sessions. But most importantly, we spent valuable time building stronger connections with our colleagues. From the Ledgy Olympics to the wonderful food, the 2024 offsite was breathtaking, bringing the team closer than ever. With this renewed energy and focus, we are excited to continue our mission to empower every team globally with equity. A massive thank you to our people team and everyone who worked so hard to make the offsite a success. Here's to the next chapter 🚀

The Financial Conduct Authority has released a set of proposals to revamp London's listings environment. They're calling it "the biggest changes to the listings regime in over three decades". So what do you need to know? Three key rules that are changing: - Dual-class share structures look set to give founders more decision-making authority once they take their companies public - Fewer transactions will need to be put to shareholder votes (these votes will be mandatory only in exceptional circumstances like reverse takeovers) - Less detail on historic financial information required for companies going public What do you think the impact will be on the UK stock markets? More on the FCA site: https://lnkd.in/d2q4-4kv

Now live: Ledgy’s Equity Data Pulse H1 Report 📊 ⬇️ Is the UK still the most generous European market for employee options? How senior do you have to be for your equity grant to overtake your salary? And where did all the Series A rounds go? In her introductory notes to the report, Ledgy CEO Yoko Spirig says: “Tech companies continue to evolve and adjust to a less capital-rich environment […] an industry-wide drive for efficiency has a number of implications for equity and share ownership. If companies are raising less money, will employees miss out on more generous equity grants?” Answers to these questions – and many more – in our H1 report covering the key trends in equity, fundraising and share ownership. Download the report today: https://lnkd.in/e9ejQkDQ

As we draw closer to Edge 2024, we are pleased to announce our next batch of confirmed speakers joining us on October 10th: Lorraine Metcalf (Chief People Officer at Quantexa) is a senior people leader with a wealth of experience in pre and post-IPO businesses. Before joining Quantexa Lorraine served in senior leadership roles at Zoopla and Notonthehighstreet. Elena Petrou (Head of Share Schemes at Aviva) specialises in cash and equity-based deferred compensation schemes across the globe. Elena also sits on the ProShare advisory panel and the Global Equity Organization Board. Peter Karlsson (Head of Group Total Reward at Telia) previously served in multiple compensation and reward leadership roles, including as Global Head of Compensation & Benefits at Kry. Learn more about Edge 2024 and register your interest in joining us: https://lnkd.in/epCsyFTW

We are proud to announce our partnership with Cooper Parry, one of the most innovative accounting, audit and consulting firms in the UK, giving companies access to world-class valuations and financial reporting. Scaling companies have to deal with a cascade of important recurring deadlines (like audits and tax authority reports), as well as one-off milestones like fundraisings, mergers, acquisitions or public listings. To help companies through these landmark events, Ledgy customers can now take advantage of EMI, CSOP and growth share valuations conducted by Cooper Parry’s expert Tech & High Growth accounting practitioners. Looking forward, we are excited to evolve our partnership to encompass workstreams like financial reporting and share-based payment expensing Steve Leith, Head of Cooper Parry's Tech & High Growth practice, says: "We have been incredibly impressed by Ledgy's ability to cater for complex international businesses who need robust, agile equity and share plan management services. The companies we serve have collectively raised over $10 billion in venture funding, and we share Yoko's and Ledgy's view that these companies deserve the best support as they scale.” Read more: https://lnkd.in/dHpAt9WR

Ledgy now integrates with ShareReporter to help relieve tax headaches for companies operating international share plans. ShareReporter provides tax information for 90+ countries covering a full range of share plans including stock options, RSUs and more. With ShareReporter and Ledgy working together, you can understand the correct tax rules applicable per jurisdiction and configure to which employees they apply to estimate withholding taxes easily. Want to learn more? Get in touch with us now! https://lnkd.in/eq_ZAAVm

We are delighted for the 20,000 Tesco team members sharing almost £30m in proceeds from the retailer's employee share scheme! Tesco's SAYE plan gives employees the chance to purchase shares at a discounted rate, investing up to £500 per month in the scheme. #employeeownership #SAYE #sharesave https://lnkd.in/eN6yTmtc