Stephen Diosi#1248

Stephen Diosi

Head of Employee Incentives, Mishcon de Reya
Stephen leads the Employee Incentives team at Mishcon de Reya. He has significant experience advising on the strategy, design, implementation and compliance of UK and global employee incentive arrangements, including long term incentive plans, all-employee share plans, HM Revenue and Customs tax-advantaged plans, management incentive plans and growth share and joint ownership plans. Stephen also advises on all related corporate, tax and trusts aspects, corporate governance issues, disclosure of directors' remuneration and share dealing regulations.

In addition, Stephen works with companies on the impact that corporate actions have on their incentive arrangements and has acted on many public takeovers, mergers and acquisition, public to private transactions, initial public offerings, capital raising activities and private equity deals.

Stephen also advises on contractual disputes and tax investigations relevant to incentives arrangements.

Stephen works with a wide range of businesses across several industry sectors, including financial services, natural resources, entertainment, aerospace and transport and for companies that are listed on the London Stock Exchange, AIM and overseas exchanges, together with private equity houses, private companies and owner-managed businesses.

Stephen is a contributor to Volume 14(1)B Employment of the Encyclopaedia of Forms and Precedents.
Contributed to

4

Incentive arrangements for an LLC
Incentive arrangements for an LLC
Practice notes

This Practice Note provides a high-level review of what a limited liability company (LLC) is, the most common equity incentives awards available to LLC owners and the tax treatment and considerations of each. This Practice Note is produced in partnership with Stephen Diosi of Mishcon de Reya LLP.

Phantom share awards and options
Phantom share awards and options
Practice notes

This Practice Note considers phantom awards, why they may be used and the issues that need to be considered when implementing a phantom award scheme. This Practice Note has been written in partnership with Stephen Diosi of Mischon de Reya LLP.

Rights issues, open offers and placings in the context of employee share plans
Rights issues, open offers and placings in the context of employee share plans
Practice notes

This Practice Note looks at the main considerations that arise in relation to employee share plans on a rights issue, open offer or placing, the process that will typically need to be taken in respect of outstanding share options and awards and the associated tax treatment. This includes specific consideration of company share option plans (CSOPs), save as you earn (SAYE) options, enterprise management incentives (EMI) options, and share incentive plans (SIPs), as well as non-tax advantaged share option plans and long-term incentive plans (LTIPs). It also considers the method by which an adjustment may be made in respect of employee share plans where a rights issue, open offer or placing occurs, and gives a worked example of such an adjustment. Produced in partnership with Stephen Diosi of Mishcon de Reya.

Share incentive issues on an IPO
Share incentive issues on an IPO
Practice notes

This Practice Note examines the main considerations that arise in relation to share incentives on an IPO. It looks at the implications of an IPO for both existing share incentive awards and for future awards. It also considers disclosures to be made in the listing prospectus in relation to share incentives and employee communications aspects. In addition, the Practice Note considers employee offers and also the share incentives implications of any corporate restructuring that occurs as part of an IPO. This Practice Note is written in conjunction with Stephen Diosi of Mishcon de Reya.

Practice Areas

Panels

  • Consulting Editorial Board
  • Contributing Author
  • Other Publications

Qualified Year

  • 2000

Membership

  • Share Plan Lawyers Group
  • Employee Ownership Association

Education

  • Cardiff University/Prifysgol Caerdydd Bachelor of Laws (LLB), Law (1994-1997)

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