Elissavet Grout

Elissavet Grout

Director, Tax, Incentives and Remuneration

Elissavet is Director of our Tax, Incentives and Remuneration Group.

Elissavet trained at Travers Smith and qualified into the Incentives and Remuneration Group, which is part of the firm's Tax practice, in September 2003. She became a senior counsel in January 2013.

Tax, incentives and remuneration

Elissavet has considerable experience in advising on the incentive and remuneration aspects of corporate transactions such as management buy-outs, IPOs, takeovers and mergers.  She also advises on the design, implementation and day to day operation of all types of tax favoured and unapproved equity incentive plans. Elissavet is a specialist in global mobility and employment tax queries both in the context of share incentives and remuneration arrangements more generally.

Elissavet has strong advisory relationships with many AIM and Main Market listed companies, as well as large private companies and notable asset managers.  

Elissavet is a member of the Share Scheme Expert Group of the Quoted Company Alliance (QCA) and the Share Plan Lawyers Group.  Elissavet participates in many of her firm's corporate and social responsibility initiatives, such as 'Legal Experts in School', and regularly contributions to the firm's pro-bono workstreams.

Most recently, Elissavet spoke at the 7th Annual International Tax Congress on 'Navigating Tax Challenges in Global Mobility'. 

Industry Recognition

Elissavet is recognised by as a 'next generation partner'" by the Legal 500 2024, and a 'star associate by Chambers and Partners 2024.  She is praised by her clients as 'outstanding' and 'always technically strong, clear and commercial'. 

Recent Experience

  • finnCap Group plc on its all share merger with Cenkos Securities plc.
  • Zegona Communications plc on its EUR 5 billion acquisition of Vodafone Spain from Vodafone.
  • Inflexion on its £342 million in a public to private takeover of global provider of legal services, DWF Group
  • A consortium led by BaltCap on the takeover of AIM listed Xpediator plc (the international freight management company) by way of a scheme of arrangement.
  • IK Partners on its all-cash takeover (through its IK IX fund) of listed leading healthcare services provider, Medica Group plc.
  • Integral Acquisition Corporation 1 on the English law aspects of its deSPAC transaction with Flybondi, which subsequently listed on NASDAQ.
  • Australian listed travel agency, Flight Centre, on its acquisition of leading UK-based luxury travel brand specialising in tailor-made luxury holdings Scott Dunn from Inflexion and other shareholders.
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