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ifs ProShare 2009 Award Winners lead the way in UK Employee Share Ownership

Thursday, December 03, 2009

by: Lorraine Gallagher

BAE Systems, Henderson Global Investors, BT, Asda and Tesco were among the winners at last night’s prestigious ifs ProShare Employee Annual Awards.

 

Almost 500 people from the Employee Share Ownership industry attended the awards at the Grand Connaught Rooms, Covent Garden, London where they were entertained by freelance journalist and broadcaster, John Sergeant.

This was the 17th year of the annual awards which recognise and promote best practice in the employee share plans industry.

Julie Richardson, Head of Employee Share Ownership at ifs ProShare said,

"The winning and commended companies this year have truly excelled in their dedication to promoting employee share ownership within their organisations.Both the high number and quality of entries this year demonstrates that companies continue to be committed to employee share ownership. The economic downturn has had far-reaching consequences across all industries and we are encouraged to see that, despite these difficulties, employee share plans have remained resilient."

This year ShareGift, the share donation charity which provides a charitable solution to the problem of unwanted small shareholdings, will be donating £15,000 to charities chosen by the three overall winning companies. There will also be a special donation of £5,000 to a charity chosen by the winner of the Best Financial Education Programme for Employees award.

Winners:

BG Group
(Best new employee share plan)

Catlin Group
(Best international share plan for up to 1,000 overseas employees)

BAE Systems
(Best international share plan over 1,000 overseas employees)

Henderson Global Investors
(Most effective communication of an employee Share Plan, up to 1,000 employees)

Barratt Developments
(Most effective communication of an employee share plan, up to 10,000 employees)

ASDA
(Most effective communication of an employee share plan, 10,000+ employees)

Black Sheep Brewery
(Best commitment to employee share ownership for small companies with fewer than 250 employees)

BT
(Most effective use of technology)

Henderson Global Investors
(Best financial education programme) 

Henderson Global Investors
(Best overall performance in fostering employee share ownership among employees, up to 1,000 employees)

Severn Trent
(Best overall performance in fostering employee share ownership among employees, up to 10,000 employees)

Tesco
(Best overall performance in fostering employee share ownership among employees, 10,000+ employees)

There were also commendations for: National Grid, SThree, Aviva, Centrica, Vodafone, Diageo and Goodrich Corporation.

For more information about ifs ProShare – the voice of the Employee Share Ownership industry in the UK – please go to: www.ifsproshare.org

Notes to editors:

ifs School of Finance

The ifs School of Finance is a registered educational charity incorporated by Royal Charter. It has a remit to provide the financial services industry with a skilled, effective and competent workforce whilst also promoting a better understanding of finance amongst consumers.

The ifs is the only educational body with a specific focus on finance that has the power to award its own degrees. Its formal qualifications range from GCSE and A Level equivalents for the 14–19 age group, to Degree and Masters programmes for financial professionals. The ifs also offers professional development, competence maintenance and executive education programmes through its alumni membership services.

Please ensure the letters “ifs” appear only in lower case to avoid confusion with the Institute for Fiscal Studies (often referred to as the “ifs”) with whom we have no association.

For further information, please contact Lorraine Gallagher (Media Relations Manager at the ifs School of Finance) on 0207 444 7103 or e-mail lgallagher@ifslearning.ac.uk

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