Shares in privately-held Helmes, one of the largest IT services firms in Estonia, became tradeable on Funderbeam platform for employees who own shares through its options programme and other shareholders, in the first such scheme in European Union, Funderbeam said in a statement.

Andres Kaljo, member of the Management Board at Helmes, said he sees private trading as a fundamental addition to its employer brand value proposition.

“Our options programme provides the opportunities to share the benefits of business growth with the people who have contributed the most to create it.”

Andres Kaljo, member of the Management Board at Helmes

“Employee shares are a crucial part of modern employers’ offer, but there’s always a question from stockholders – what do I actually get. Management should not spend hours or not even minutes to admit and manage orders to match transactions within the company’s cap table,” said Funderbeam’s founder Kaidi Ruusalepp

No more articles