Does Holidaybreak offer a sharesave scheme to its employees?
Yes – each year Holidaybreak offer all UK based permanent employees the opportunity to join a sharesave scheme. Employees can enter into a three or five year savings contract where they can save any amount between 5 and 250 per month in multiples of 1. At the end of their savings contract employees can exercise their option to purchase Holidaybreak shares with the proceeds of their savings contract. The option price is set at the commencement of the savings contract and is at a discount of 20% to the market value of the shares. Participation in the scheme is currently at approximately 28% of UK employees.
