BP, HSBC, RBS Among UK Companies Awarded for Top Shareholder Communications; BP Big Winner at Investor Relations Industry's Premier Event.LONDON -- Last night, over 800 corporate investor Noun 1. corporate investor - a company that invests in (acquires control of) other companies company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" relations professionals, CEOs, CFOs and IR consultants gathered at Old Billingsgate Market The Victorian incarnation of Billingsgate Fish Market in the City of London is now used as a hospitality and events venue under the name Old Billingsgate Market. In 1849, the fish market was moved off the streets into its own riverside building, which was demolished c. in the City to honour Honour or honor (see spelling differences), is the evaluation of a person’s trustworthiness and social status based on that individual's espousals and actions. the top corporate communicators among UK companies. The event was the 15th annual IR Magazine UK Awards, hosted by Cross-Border Publishing, organiser of IR Magazine Awards & Conferences. The gala evening, presided over by Jimmy Carr
The process by which the corporation communicates with its investors. , including corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and disclosure. Among the companies that stood out for their IR efforts this year were Acambis, Biocompatibles International, BP and Hammerson. Acambis and Biocompatibles shared the grand prix Grand Prix n. pl. Grand Prix Any of several competitive international road races for sports cars of specific engine size over an exacting, usually risky course. for best smaller company investor relations while BP won the grand prix for best overall investor relations and Hammerson took home the grand prix for best investor relations from a FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 250 company. BP swept the awards, taking home top honours for five out of 24 categories and winning the evening's top prize: the grand prix for best overall investor relations. The energy group also won for best UK company investor relations in the US market, best annual report from a FTSE 100 company and best investor relations officer in the FTSE 100 category, which was shared by Peter Hall and Fergus Macleod. Banking conglomerate conglomerate, in business conglomerate, corporation whose asset growth, often very rapid, comes largely through the acquisition of, or merger with, other firms whose products are largely unrelated to each other or to that of the parent company. HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) won over investors in the area of best disclosure practice and best corporate governance. Investors were also impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with RBS' and United Business Media's improvement in shareholder communication, awarding them the prize for most progress in investor relations in the FTSE 100 and non-FTSE 100 categories, respectively. A list of all winners in each category is attached. For the past 15 years, Cross-Border Publishing, publishers of IR magazine, has commissioned an annual independent survey of the investment community to identify those companies considered to be leading exponents of investor relations in the UK. The research, conducted this year by Mary Maude Research, surveyed 648 sell-side and buy-side analysts Buy-side analyst A financial analyst employed by a nonbrokerage firm, typically one of the larger money management firms that purchases securities on its own account. , portfolio managers and retail investors Retail Investor Individual investors who buy and sell securities for their personal account, and not for another company or organization. Notes: Retail investors buy in much smaller quantities than larger institutional investors. . It also encapsulates industry changes, reviews investors' requirements and investigates contemporary developments affecting the IR profession. In addition, in what is considered one of the most in-depth surveys of the UK investment community on IR, 200 respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. also shared their views on the impact of corporate governance, readiness of international financial reporting standards International Financial Reporting Standards (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). (IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System ), communication with executive and non-executive directors A non-executive director (NED, also NXD) or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way. and the necessity of non-executive financial specialists. The survey found 50 percent of those polled believe unequivocally that good corporate governance improves a company's share price in the long term, suggesting that good corporate governance makes companies worth investing in. The survey results are published in Investor Perception Study, UK 2005: Winning companies, winning IR strategies, Adrienne Baker, editor-in-chief of IR magazine, says, 'The survey results have always served as a benchmark of best practice IR. It's important to remember and underscore The underscore character (_) is often used to make file, field and variable names more readable when blank spaces are not allowed. For example, NOVEL_1A.DOC, FIRST_NAME and Start_Routine. (character) underscore - _, ASCII 95. that the majority of companies carry out transparent shareholder communications and our awards are a way of singling out those individuals and companies that have truly distinguished themselves through their IR performance.' About IR magazine and the IR Magazine Awards Published in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and London by Cross-Border Publishing, IR magazine is the only global publication focused on the interface between companies and their investors. IR magazine has hosted annual awards ceremonies in the US, the UK, continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. and Canada since 1991, with a combined attendance of more than 6,000 investor relations professionals. For more information, go to www.irawards.com.
Grand prix for best overall investor relations
Winner: BP
Highly commended: Barclays
RBS
Grand prix for best smaller company investor relations
Winners: Acambis, Biocompatibles International
Highly commended: Hyder Consulting
Rok Property Solutions
Grand prix for best investor relations from a FTSE 250 company
Winner: Hammerson
Highly commended: Aggregate Industries
ARM Holdings
Lifetime Achievement in investor relations
Winner: Peter Horsman
Best investor relations officer - FTSE 100
Winner: Peter Hall & Fergus MacLeod - BP
Highly commended: Fay Dodds & Stuart Ford - GUS
Richard O'Connor - RBS
Best investor relations officer - non-FTSE 100
Winner: Peregrine Riviere - The Carphone Warehouse Group
Highly commended: John Denning - Carillion
Chris Smith - Hammerson
Mark Boyle - WH Smith
Most progress in investor relations - FTSE 100
Winner: RBS
Highly commended: Land Securities Group
Royal Dutch/Shell Group
Most progress in investor relations - non-FTSE 100
Winner: United Business Media
Highly commended: Cairn Energy
Matalan
Best annual report - FTSE 100
Winner: BP
Highly commended: The British Land Company
HSBC Holdings
Land Securities Group
Best annual report - non-FTSE 100
Winner: Pilkington
Highly commended: ARM Holdings
Hammerson
Tomkins
Best board communications
Winner: Barclays
Highly commended: BG Group
BHP Billiton
GUS
RBS
Best communication of shareholder value
Winner: Barclays
Highly commended: BP
O2
Best corporate governance
Winner: HSBC Holdings
Highly commended: BP
Standard Chartered
Best crisis management
Winner: Royal Dutch/Shell Group
Highly commended: AstraZeneca
Premier Foods
Best CSR practice
Winner: Standard Chartered
Highly commended: BP
Rio Tinto
Best disclosure practice
Winner: HSBC Holdings
Highly commended: Aviva
BP
Best financial media relations
Winner: HBOS
Highly commended: BP
Cadbury Schweppes
ICI
Reuters
Best investor relations by an Aim company
Winner: Majestic Wine
Highly commended: ASOS
Medal Entertainment & Media
Sportingbet
Best investor relations during a takeover
Winner: Aggregate Industries
Highly commended: BHP Billiton
Xstrata
Best investor relations for a new issue
Winner: Premier Foods
Highly commended: Halfords Group
Virgin Mobile Holdings (UK)
Best investor relations to the retail shareholder
Winner: BP
Highly commended: BT Group
RBS
Best investor relations web site - FTSE 100
Winner: BHP Billiton
Highly commended: BP
GUS
Best investor relations web site - non-FTSE 100
Winner: GKN
Highly commended: Cairn Energy
Hammerson
Best North American company investor relations in the UK market
Winner: Colgate-Palmolive
Highly commended: First Calgary Petroleums
The Procter & Gamble Company
Best results meetings and analyst briefings
Winner: BHP Billiton
Highly commended: Barclays
BP
Best UK company investor relations in the US market
Winner: BP
Highly commended: GlaxoSmithKline
Vodafone Group
Best use of the internet
Winner: Reuters
Highly commended: AstraZeneca
BP
RBS
Best use of virtual conferencing
Winner: Unilever
Highly commended: BHP Billiton
Reuters
Best investor relations by sector
Aerospace & defence
BAE Systems
Automobiles & parts
GKN
Banks/speciality & other finance
RBS
Chemicals
ICI
Construction & building materials
Wolseley
Engineering & machinery
Tomkins
Food producers & processors
Cadbury Schweppes
General retailers
GUS
Pharmaceuticals & biotech
GlaxoSmithKline
IT hardware
ARM Holdings
Insurance & life assurance
Aviva
Leisure & hotels
InterContinental Hotels Group
Media & entertainment
Reuters
Mining
BHP Billiton
Oil & gas
BP
Real estate
Land Securities Group
Software & computer services
The Sage Group
Support services
Serco Group
Telecommunication services
O2
Transport
British Airways
Utilities & electricity
Scottish & Southern Energy
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