Basic principles of a JSOP

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What is a JSOP?

Jointly owned shares are no more and no less than their description implies, namely shares owned jointly by an employee or director and a third party, either an investor in the company or, more commonly, the trustees of an employee benefit trust (EBT).

The concept of joint share ownership was developed in the early part of this century as an alternative to other forms of shares incentives such as share options, restricted

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