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Owned by our Staff


What does this mean?


70% of the shares of Shaw healthcare (Group) Limited ("Shaw Group") are owned by the staff or held in Trust for them to buy.  The remaining 30% are owned by the charity, Shaw healthcare (Homes) Limited ("Shaw Homes") from which the staff bought the company in October 2006. By 2016, 90% of the shares of Shaw Group will be owned by staff with the remaining 10% owned by Shaw Homes



How do staff get shares?


1. All staff who have been employed for a year or more are offered free shares from time to time.

2. Senior staff are offered share options to incentivise them to grow the size and value of the business.

3. Staff may, in future years, be offered the opportunity to buy additional shares.



What use are the shares?


1. When it is financially stronger, the company plans to pay an annual dividend on all shares.

2. At that time the shares will be valued on the basis of the dividend which they earn.
The company plans to operate an internal market (the shares are not tradable on the public market) where staff can buy or sell shares at the price generated by the dividend



Why is the company staff owned instead of being owned by investors?

Because those who built up Shaw Homes thought that it was better for the value created in the company by the energy, initiative and vision of its staff to belong to the staff.  It was also hoped that this model of ownership would prove to be very motivational.