Elissavet  Grout

Elissavet Grout

  • Senior Counsel

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 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 schemes of arrangements. She also advises on the design, implementation and day to day operation of all types of tax favoured and unapproved share plans. Elissavet is a specialist in employment tax queries both in the context of share incentives and remuneration arrangements more generally.

Elissavet has strong advisory relationships with a number of her listed clients, such as Pets at Home, Worldpay and SSP Group, as well as large private equity backed companies, such as The Gap Partnership, Loveholidays and Travel Chapter.  

Dealing with complex corporate finance transactions is second nature to Elissavet who advised leading broker, finnCap, on the share scheme issues relating to its internal reorganisation, acquisition of Cavendish Corporate Finance and subsequent £47 million admission to trading on AIM, which was successfully launched in December 2018. 

Elissavet is a member of the Share Scheme Expert Group of the Quoted Company Alliance (QCA) and the Share Plan Lawyers Group.

Most recently, Elissavet spoke at the British Isles Symposium hosted by the ESOP centre on 'Going Global' and at a breakfast seminar hosted by the QCA on 'Share Scheme Considerations for smaller Listed Companies'.

Industry Recognition

Elissavet is recognised by both The Legal 500 and Chambers and Partners, and is praised for being "…exceptional in both technical knowledge of all tax, corporate and trust related matters, as well as client service". She is recognised as a "next generation lawyer" by the Legal 500 2020.