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Ideagen wins ‘Best Use of AIM’ market award

Friday, October 11, 2019

Best Use of AIM Award.jpg

The UK-based, global software firm was recognised for its performance strategy on the London Stock Exchange sub-market

Ideagen has won ‘Best Use of AIM’ at the annual ‘AIM Awards’ ceremony, sponsored by BDO.

The company, which is headquartered in Nottingham but which has operational premises across the globe, fought off competition from several organisations to win.

Ideagen’s strong organic growth and strategic acquisition strategy – it has completed 18 in just seven years – helped sway the judges’ decision.

It is the second time in four years the company has been successful in the ‘Best Use of AIM’ category, having been previous winners in 2015.

David Hornsby, Ideagen’s Executive Chairman (pictured above), said: “This is a great achievement by Ideagen and one that truly recognises the business and how AIM has supported our growth since 2012.

“To be nominated is an achievement in itself, so to actually win is outstanding and a real testament to our success on AIM.

“The ‘Best Use of AIM’ award recognises companies that have a clear growth strategy in place and can demonstrate a consistent execution of that strategy. The award recognises our achievements to date and is evidence of the confidence that the panel has in our future success.

“We are delighted to accept this award, and we look forward to many more successful years’ as we continue our growth on the AIM market.”

The Aim Awards – which hosts more than 1,000 representatives of AIM-quoted companies, NOMADS (nominated advisers), brokers, accountants, lawyers and other corporate partners, making it the largest AIM gathering in the City – took place on Thursday, October 10th at Old Billingsgate in London.

Sponsored by Winterflood Securities, the ‘Best Use of AIMS’ category was arguably the hardest to predict, with strong competition from the other nominated companies. However, Ideagen’s continuous growth on AIM and its use of the market to secure key acquisitions, saw the company recognised at this year’s ceremony.

Ideagen is a supplier of GRC software to highly regulated industries with operations in the UK, Europe, the United States, Middle East and SE Asia. With an excellent portfolio of software products, the Group currently has a customer base of 5,000 organisations, helping the likes of BAE Systems, Emirates, Shell and Commerzbank as well as more than 180 hospitals in the UK and US, meet their Regulatory and Quality Compliance standards, reduce costs and improve efficiency.

PICTURE CAPTION: (left to right): Louise Minchin, awards presenter; Marcus Stuttard, Head of AIM, London Stock Exchange; Alan Carroll, Independent Non-Exec, Director, Ideagen plc (winner); James Wood, Smaller Companies Specialist, Winterflood Securities; and Scott Knight, Head of Audit, BDO LLP.

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