Ideagen receives two nominations at prestigious awards ceremony for UK quoted companies

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The Nottingham-based firm and its Executive Chairman, David Hornsby, are shortlisted following strong performances in 2018

Ideagen and its Executive Chairman have been nominated for two awards following strong corporate and personal performances in 2018.

The nominations for the 15th annual Grant Thornton Quoted Company Awards have been revealed, with Ideagen shortlisted for ‘Company of the Year’ and Mr. David Hornsby as ‘Chairman of the Year’.

Ideagen’s overall performance last year – in which the company reported its 9th year of consecutive revenue and EBITDA growth – caught the attention of judges.

Mr Hornsby, who took up his role as Executive Chairman of Ideagen in May last year and has since overseen several successful acquisitions in that time, was also recognised for his performance.

Ben Dorks, CEO of Ideagen, said: “We are absolutely delighted with this recognition to mark what was a truly outstanding year for Ideagen.

“The company recorded its 9th successive year of growth thanks to a mixture of healthy organic and recurring revenues, the integration of several strategic acquisitions, efforts of our skilled staff and the fact that we can offer a real mix of powerful products for Governance, Risk and Compliance (GRC). So to be nominated in the ‘Company of the Year’ category, in particular, is very pleasing indeed.”

Mr. Dorks added: “I am also particularly thrilled that David’s expertise in overseeing our M&A strategy has also been recognised. David is instrumental in identifying and completing our acquisitions and in our wider investor relations and he has played a significant and pivotal role in Ideagen’s success in 2018.

“I am delighted that both David’s efforts and the performance of the company have been shortlisted and I am looking forward with excitement to the event itself.”

The annual Grant Thornton Quoted Company Awards celebrates the achievements of the UK’s leading smaller companies and its key directors. It is open to over 1,000 companies quoted on AIM, those who have a full listing which are not members of the FTSE 350, and to those companies which are traded on the NEX Exchange.

The awards website reads: “With the business world and stock market moving at an ever-increasing pace, it’s important that we pause and appreciate the outstanding qualities of our leading growth businesses. They are companies that make a vital contribution to our economy today and are the foundation of our future prosperity.”

The ‘Company of the Year’ category highlights businesses with all-round performance and quality. Stock market returns and commercial results over both the long and short term are taken into consideration as is the sustainability of excellent performance into the future and past achievements.

The ‘Chairman of the Year’ recognises chairmen whose strategic input, advice, contacts and market knowledge identifiably improves the performance and position of the company that employs them. The judges look to reward ventures whose level of ‘corporate governance’ is exemplary and which communicate effectively and routinely with shareholders and investors.

Previous winners of the Grant Thornton Quoted Company Awards have helped to accelerate growth. The 2016 IPO of the year winner, Fever-Tree Drinks, is now valued at almost £2 billion and has seen its shares rise 160 per cent since winning. Its successor in 2017, Blue Prism, saw its shares rise a further 90 per cent in the three months following its win.

The awards ceremony takes places on Wednesday, February 27th at The Brewery in London.