Its unclear from the article and the Guardian article it references exactly what is happening. Setting up an EBT is a common way that worker coops are set up -

Its unclear from the article and the Guardian article it references exactly what is happening. Setting up an EBT is a common way that worker coops are set up - for a worker coop its one member one vote and the equity is split equally between th emembers / cooperators Its not clear if they are converting to a worker coop or not unless the workers control the trust its not a coop. One of the benefits of an EBT is tax advantages especially if the coop gets taken over - preferably not mondraggon :-)