Share Options Question

CBL

Hi from a noob !

Got a question for you knowledgeable folk.

The company that I work for is subject to a takeover bid.
If the bid is successful, what will happen to my SAYE options that have yet to mature ?

Hope that makes sense !

Cheers

ReportInvestor

That's a good question!

Is the buyer making the offer in cash or its own shares or a combination?

CBL

The buyer is offering cash !

ReportInvestor

Hmmm. I'm going to have to pass on this. You will need to go to your union or human resources people. I presume you won't be alone in this.

There must be scope for a deal converting the options into options to purchase the buyer's shares, assuming the buyer wants to retain and incentivise staff.

jonesMUFCforever

This will be discussed between management, Unions and whoever wants to take the company over.
The worst case scenario is you will get your contributions back with interest but you will lose the option to buy.