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Re:Startup Stock Options – Why A Good Deal Has Gone Bad (2019) by Mauricebranagh on Monday December 21, 2020 @09:14AM (#25495078)
Did that in the past in the UK at BT.A (and the forced split of cellnet) and RELEX more recently and I am in an EMI scheme at the moment that will pay out on the sale of my current employer

Having said that there are significant protections in UK law for employee share schemes

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