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Scheme Documentation
We work with your legal team to document your scheme rules, trust deed (if applicable), vesting schedules, leaver provisions, and performance conditions.
Corporate Equity Administration
Shares Saver provides dedicated employee share plan management and stock option plan administration for NGX-listed companies in Nigeria. We handle the full operational lifecycle — from vesting tracking and CSCS registration to executive equity reporting and SEC Nigeria compliance.
An employee share plan manager handles the complete operational administration of a company's equity incentive programme. For most NGX-listed companies, this is a resource-intensive function that intersects HR, legal, finance, and company secretarial operations — and requires specialised knowledge of SEC Nigeria rules, CAMA 2020 requirements, and CSCS registration processes.
Shares Saver acts as your dedicated employee share plan manager — removing this operational burden from your internal team while ensuring your scheme is administered accurately, compliantly, and transparently. Our platform tracks every grant, vesting event, exercise, and leaver in real time.
For companies in Lagos with executive teams in Victoria Island and Ikoyi, Shares Saver provides in-person consultation alongside our digital platform — supporting your remuneration committee, company secretary, and HR director with tailored advice and administration.
We work with your legal team to document your scheme rules, trust deed (if applicable), vesting schedules, leaver provisions, and performance conditions.
We process each allotment or option grant instruction from your HR or compensation team — recording grant dates, quantities, exercise prices, and vesting schedules.
We track all vesting events and automate the transfer of vested shares into each employee's CSCS account at the appropriate time.
We manage the administrative process when employees leave — handling vested share retention, unvested share forfeiture, and notifying the relevant parties.
We produce detailed reporting for your remuneration committee and board, including outstanding equity by employee, cost of equity awarded, and dilution analysis.
We help your company secretary with SEC Nigeria notifications, NGX disclosure announcements, and FIRS employer reporting related to employee equity benefits.
Executive equity plans — including performance share plans, restricted stock unit (RSU) schemes, and employee stock option plans (ESOPs) — are more complex to administer than standard allotment schemes. They typically involve performance conditions, multi-year vesting tranches, and detailed reporting for remuneration committee disclosure.
Shares Saver administers these plans with the same rigour applied to all our schemes — with additional functionality for performance condition tracking, multi-tranche vesting, and executive-level reporting for your board and remuneration committee.
Our administration ensures that exercised stock options result in shares registered directly in the executive's own name on the CSCS — providing full ownership transparency and regulatory compliance.
Performance Share Plans (PSPs)
Performance conditions tracked, shares released when conditions are met
Restricted Stock Units (RSUs)
Time-based vesting tracked, units converted to shares on vesting
Employee Stock Option Plans (ESOPs)
Option grants tracked, exercise events processed, CSCS registration on exercise
Remuneration Committee Reporting
Board and REM committee reports on outstanding equity, cost of awards, and dilution
PAYE Coordination on Exercise
Coordination with your payroll team on PAYE obligations at the point of option exercise
Regulatory Compliance
All schemes managed by Shares Saver are administered in line with SEC Nigeria rules on Employee Share Investment Schemes, CAMA 2020 requirements, NGX listing obligations, CSCS registration standards, and FIRS employer reporting guidelines.
An employee share plan manager handles the full operational administration of a company's employee share investment scheme. This includes processing share allotments or purchases, registering shares through the CSCS in each employee's own name, tracking vesting schedules, managing leaver scenarios, administering dividends, and producing compliance reporting for SEC Nigeria, NGX, and board purposes.
Employee stock option plan (ESOP) administration involves managing the lifecycle of stock options granted to employees — from grant date through vesting periods to the exercise of options and acquisition of shares. In Nigeria, ESOP administration also includes CSCS registration of exercised shares, PAYE coordination at the point of option exercise, and SEC Nigeria compliance reporting.
Yes. Shares Saver administers equity plans for executives including performance share plans (PSPs), restricted stock unit (RSU) plans, and stock option plans. Executive plans typically have more complex vesting conditions (performance vs. time-based) and require more detailed reporting — all of which Shares Saver manages.
Shares Saver tracks each employee's vesting schedule within our platform. As vesting dates occur — whether cliff vesting (all at once) or graded vesting (in tranches) — we automatically flag the event, process the transfer of shares into the employee's CSCS account, and update both company and employee dashboards. Performance-based vesting conditions can also be configured with your HR team.
Leaver handling depends on your scheme rules — which Shares Saver helps you document during setup. Vested shares typically remain the employee's property. Unvested shares may be forfeited, partially vested on a pro-rata basis, or accelerated depending on the leaver type (good leaver / bad leaver) as defined in your scheme documentation. Shares Saver manages the administrative process for all leaver scenarios.
Yes. Shares Saver works with corporate clients across Nigeria, including NGX-listed companies headquartered in Lagos's commercial districts (Victoria Island, Ikoyi, Lekki) as well as companies based in Abuja, Port Harcourt, Kano, and other cities. Our service is delivered digitally, with in-person meetings available for Lagos-based clients.
Speak to Shares Saver about taking over the administration of your employee share plan — or setting up a new scheme from scratch.