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ABP HOLDINGS WINS ‘BEST COMMUNICATION OF SHAREHOLDER VALUE’ AT ANNUAL IR MAGAZINE AWARDS Associated British Ports Holdings PLC (‘ABP’), the UK’s leading and largest port company, has won the award for Best Communication of Shareholder Value – Non-FTSE 100, at the prestigious IR Magazine Awards held on 21 June. Bo Lerenius, Group Chief Executive, ABP, said: ‘For a listed company, communicating value to shareholders is of paramount importance. This is something we have always believed in, and we have worked hard to achieve it. We are very happy to be presented with this award.’The IR Magazine Awards, which are internationally recognised as an accurate and valid measure of excellence in investor relations, and which were held this year at Le Meridien Grosvenor House, London, are calculated on independent research. As such, they are considered authoritative on what constitutes best-practice liaison between a listed company and its investors. Richard Adam, ABP’s Group Finance Director, added: ‘It is pleasing that, having pursued a strategy of developing communication with investors and stakeholders, we should be recognised in the IR Magazine Awards. The Awards are a valuable point of reference for companies serious about their relations with investors; we are honoured to be awarded Best Communication of Shareholder Value by the very people who follow our progress.’The Awards, which take place in 11 worldwide regions including the US, Canada, Asia, and the Eurozone, are open to any publicly listed company. For each event, IR Magazine commissions an independent survey of portfolio managers, buy-side analysts and sell-side analysts. The results thereby provide the corporate world with solid benchmarks for its relationships with investors, and also provide a snapshot of the current state of investor relations in ‘UK plc’ as a whole. Other highly commended companies in the nomination for Best Communication of Shareholder Value – Non-FTSE 100 were Hammerson, the property company; Inchcape, the automotive-services group; and Spectris, the instrumentation and electronic controls company.30th June 2004
Copyright © Associated British Ports Holdings PLC 2004. All rights reserved. |
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