

Ledgy's Equity Breakfast: Valuation, PISCES and the future of employee liquidity
A breakfast for equity professionals at private companies, on 7 July from 8.30 to 10.30am at The Folly, Gracechurch Street, London.
The rules around share plans are shifting fast. This session brings together two of the sharpest minds working on valuations and private market liquidity to help you stay ahead.
What we'll cover
Getting your valuation right
A good valuation does more than satisfy your auditors. It directly affects the cost of entry for employees, the availability of EMI and CSOP limits, and the size of the tax-efficient gains your team can actually access. Tommy Shaw will walk through how a well-structured valuation reduces HMRC risk, simplifies employee communications, and removes the headaches that often derail implementation.
PISCES in practice: a real case study
PISCES has moved from concept to reality. Veronika Oswald from JP Jenkins will share a case study of the first company to run a transaction on PISCES, and share what the process actually looked like, what it unlocked for employees, and what other private companies should be thinking about now.
Speakers
Tommy Shaw, Touchstone Advisory
Veronika Oswald, JP Jenkins
There'll be plenty of time to connect with fellow equity professionals over a delicious breakfast.
Spaces are limited. Register your place here.