Andrew Dixon v GlobalData plc

Andrew Dixon v GlobalData plc

The claimant is entitled to equitable compensation for both tranche 2 and tranche 3 options, calculated at the strike price, because the defendant's assurance entitled him to be treated as other plan members and its denial of his rights was unconscionable. The creation of a new plan to enable other members to...

Source-derived case information.

Parties
Claimant: Andrew Dixon; Defendant: GlobalData plc
Jurisdiction
England and Wales
Judgment Date
15 April 2026
Procedural Posture
Civil / Remedies Judgment Following Trial
Outcome
Judgment for the claimant
Legal Topics
Proprietary Estoppel, Employee Share Options, Remedies, Unconscionability
Equity Employment Law Contract Law Proprietary Estoppel Employee Share Options Remedies Unconscionability

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Parties

Andrew Dixon

Claimant

GlobalData plc

Defendant

Procedural Posture

Civil / Remedies Judgment Following Trial

Legal Issues

  1. 1 What is the appropriate remedy for the claimant's successful proprietary estoppel claim regarding employee share options?
  2. 2 Is the claimant entitled to compensation for both tranche 2 and tranche 3 options under the Plan?

Ratio Decidendi

The claimant is entitled to equitable compensation for both tranche 2 and tranche 3 options, calculated at the strike price, because the defendant's assurance entitled him to be treated as other plan members and its denial of his rights was unconscionable. The creation of a new plan to enable other members to exercise tranche 3 options did not justify excluding the claimant, and the strike price reflects the expectation created by the assurance.

Court Disposition

Judgment for the claimant

Orders

  • Equitable compensation for tranche 2 in the sum of £175,358.66
  • Equitable compensation for tranche 3 in the sum of £266,878.34