Rebecca Servian

Partner

London

Rebecca advises a broad range of clients on the design and implementation of incentive plans aimed at recruiting, retaining and motivating staff. She is passionate about helping clients grow their businesses and succeed through tailored, and effective incentives. She represents early-stage companies across various sectors, as well as venture capital firms, private equity funds, listed companies, AIM-traded companies, and clients in the tech and financial services sectors.

Her expertise includes the creation of both equity-based and cash-based incentive plans, including the full range of HMRC tax-advantaged plans such as EMI plans and CSOPs, working on the incentives aspects of corporate transactions, including both venture capital and private equity investment, public company takeovers, IPOs, and company reorganizations. She considers the impact of the transaction on the share plans for employees and implements new incentive arrangements following investment into companies and businesses. She also guides listed companies on how to reward their executive directors in accordance with market practice and best corporate governance.

Rebecca is a member of the Share Plan Lawyers Organisation and a contributor to various publications (such as the Practical Law Company). She is a “Star Associate” under the Chambers’ legal directory, a “Leading Individual” under The Legal 500’s legal directory and has been recognized by MergerLinks as one of the top 30 most active up-and-coming tax lawyers in EMEA.

  • Rebecca's experience includes advising:

    • OrganOx: a leading organ medical technology company, on its US$142m primary and secondary equity financing round led by HealthQuest Capital, BGF and Lauxera Capital Partners*
    • Verdiva Bio: a clinical-stage biopharmaceutical company, on its US$410m Series A financing, led by Forbion and General Atlantic*
    • Notion Capital: on its Series A investment into Cogna, an AI-driven SaaS software solutions business*
    • Notion Capital: on its Series A investment into Ferovinum, a technology platform for wine and spirits producers*
    • Hoxton Ventures: on its lead investments in Luminary ROLI*
    • TI Fluid Systems plc: on all employee share plan-related issues arising on its £1.039 billion recommended takeover offer by ABC Technologies Acquisitions Limited*
    • Consortium led by Starwood Capital Group, Sixth Street, and SSW Partners: on all employee share plan-related issues arising in respect of its proposed US$7.1 billion take-private of ESR Group Limited by way of a scheme of arrangement from the Hong Kong Stock Exchange. This deal represents the largest privatization from the HKEX since 2021*
    • Darktrace: on all employee share plan-related issues arising on the recommended all-cash acquisition of Darktrace plc by Luke Bidco Limited, a company incorporated by Thoma Bravo, L.P. for approximately US$5.3 billion*
    • Tyman: on all employee share plan-related issues arising in respect of the cash and shares offer for Tyman plc by Quanex Building Products Corporation*
    • Morrisons: on all employee share plan-related and executive compensation-related issues arising on its takeover by Clayton, Dubilier & Rice for over £7 billion*
    • AVEVA: a FTSE100 IT company, on the modification of share plans in 2020, the incentives impact of the acquisition of OSIsoft for approximately US$5 billion including from AVEVA's rights issue, and the introduction of a global all-employee share plan in 2021*
    • Cardtronics: the global operator of cash machines, on the annual global award of LTIPs and equivalents in multiple jurisdictions, including reviewing tax and securities law implications following its acquisition by NCR for US$2.5 billion (and assessing relevant risks)*
    • Renewi: a recycling company, on the renewal of share plans in 2020 and general operation of shares plans, including nominee arrangements*
    • Cape plc: on all Incentives aspects of its recommended £332 million takeover by Altrad and, in particular, an assessment of the treatment of share plan awards in connection with this takeover*
    • Serica Energy: on the acquisition of BP's oil fields in the Bruce, Keith and Rhum Fields in the North Sea and on the implementation of new, tax-advantaged all-employee share arrangements following this acquisition for the transferring to BP employees*
    • Amerisur Resources: an oil and gas exploration company based in South America, on all incentives aspects of its £242 million (US$313.1 million) offer by GeoPark Colombia, a wholly owned subsidiary of GeoPark Limited*

    *Matter handled prior to joining Orrick