Contact details

Anika Chandra

T: +44 20 7809 2104 M: +44 7825 848 162 Email Anika | Vcard Office: London

Anika Chandra Senior associate

Contact details

Anika Chandra

Anika Chandra
Senior associate

T: +44 20 7809 2104 M: +44 7825 848 162 Email Anika | Vcard Office: London

An expert in designing and implementing share plans and bonus arrangements, Anika has extensive experience of advising a range of clients from start-up organisations to FTSE 100 companies ​on all aspects of employee incentives. Clients speak highly of Anika's approachable manner and responsiveness.
  • Profile
  • Services
  • Sectors

Anika regularly advises both public and private companies on the company law, tax law, securities law, employment law and regulatory law aspects of implementing and operating share plans both in the UK and globally. She has designed and implemented many bespoke share incentive arrangements tailored to meet clients' specific commercial objectives.

Anika also advises on the share plan aspects of corporate transactions and has acted for both buyers and sellers on several transactions including GDF Suez on the acquisition (through a subsidiary) of the UK facilities management business of Balfour Beatty and separately, Lend Lease Group.

In addition, Anika works closely with Stephenson Harwood's employment and pensions experts to advise on appointments and terminations.

The Legal 500 (2014) noted that Anika is ‘very thorough and precise' and overall, ‘the industry knowledge possessed by the team ranks as one of the best in London'.


"Very thorough and precise'"

The Legal 500 UK 2014

  • Employee incentives
  • Corporate governance
  • Corporate
  • Tax

Share plans

Implementing share plans, including enterprise management incentive plans, growth share plans and joint ownership plans.  Recently structured an innovative growth share plan over shares in a subsidiary of a fund management company to incentivise its key employees.

Bonus arrangements

Advising clients on the design and structure of annual bonus plans, incorporating deferral and bespoke clawback provisions.

Appointments and terminations

Representing both employers and senior management on appointments and on the impact of a termination of employment on equity awards held by a departing individual, with particular focus on the financial services sector.

Global share plans

Advising multinational clients on the employment, tax, securities and regulatory law aspects of operating its share plan in several jurisdictions.

UK advice for overseas clients

Advising various overseas clients, especially US based clients on the extension of participation in their share plans to UK employees.

More: Employee incentives

Compliance

Advising clients on the application of regulations pertinent to share plans and employee incentives including the Model Code, Corporate Governance Code, AIM Rules, IMA Principles of Executive Remuneration and Listing Rules.

Clawback

Advising several clients on the technical and practical implications of clawback.

Market practice

Experience of advising on best and current market practice in relation to share plan design.

More: Corporate governance 

Initial public offers

Designing and implementing the incentive arrangements for companies in the context of an initial public offering of shares including those adopted by easyHotel plc for its senior executives on its admission to AIM.

Mergers and acquisitions

Acting for both buyers and sellers on several transactions including GDF Suez on the acquisition (through a subsidiary) of the UK facilities management businesses of Balfour Beatty and separately, Lend Lease Group. 

Lovefilm on its acquisition by Amazon.

Private equity

Implementing arrangements to incentivise senior managers of investor backed clients and advising on the impact of further funding and restructurings on such arrangements.

More: Corporate

HM Revenue & Customs tax-advantaged share plans

Advising on the implementation and continuing operation and compliance of tax-advantaged share plans, including their self-certification and filing requirements.

International assignments

Advising clients on the tax and national insurance contributions treatment of salary payments where ​employees are resident in one jurisdiction but working in another.

Employee owned companies

Advising an employee owned company on the tax and other implications of its corporate structure and in particular, on the various tax advantages afforded to such entities.

More: Tax
  • Energy and natural resources
  • Funds and financial services

Soma Oil & Gas Holdings Limited

We have advised this investor backed client on its cash and share incentive arrangements, including advising on the impact on share awards of further fund raisings.

An energy storage company

We advise this client on its incentive arrangements and have recently implemented a new tax-advantaged enterprise management incentive plan.

A clean energy company

We have advised this client on all aspects of its incentive arrangements and recently we helped to adapt its equity arrangements when it ceased to be eligible to operate HM Revenue & Customs tax-advantaged share plans.

More: Energy and natural resources

Investment bank

Advising on all aspects of its remuneration and incentives including the operation of an internal market for its shares.

Asset management group

Advised on the winding up of a complex trust structure using sub-trusts and loans.

Fund manager

Implemented a complex growth share plan which operates over shares in a subsidiary linked to the value of assets managed in particular funds.

More: Funds and financial services

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15 Aug 2016

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17 May 2016

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07 Aug 2015

From Insights

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06 Jul 2014

From News

Stephenson Harwood advises on easyHotel’s IPO and admission to AIM

Stephenson Harwood LLP advised new client, easyHotel plc (easyHotel), on its upcoming placing and admission to trading on the AIM market of the London Stock Exchange.

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From News

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03 Apr 2014

From Insights

Changes to Employee Share Schemes

Find out what impact the publication of the revised Finance (No.2) Bill 2014 will have on the operation of employee share schemes.

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07 Oct 2013

From Insights

New rules on directors' remuneration now in force

Changes to the way in which executive pay is disclosed and reported, including the requirement for a binding shareholder vote on a company's pay policy.

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21 Jul 2013

From Insights

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15 May 2013

From Insights

Buybacks of private company shares - impact on employee ownership?

We summarise the main features of the new regime and a review of the issues that still need to be considered when buying back shares.

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