The firm has told the Australian stock exchange that it is introducing the share plan in order ‘to encourage staff retention, drive achievement of performance objectives and further align employee and shareholder interests’. As an ABS (alternative business structure), it is free to make such moves. Explaining the structure, it said: ‘Initial grants are intended to be made on a ‘matching offer’ basis. That is, [S&G] will match on a 1 for 1 basis employees who invest in shares up to a limit of approximately $500 for each participating employee in Australia and £375 for each participating employee in the UK.’ Source: Legal Futures