news archive

December 2005

Halcrow wins ifs ProShare award

Halcrow has won an award for best overall performance at ifsProShare's annual awards ceremony.

ifsProshare recognise the importance of employee share ownership and inform people about the different types of employee share plans available.

Halcrow’s company secretary Ken Mair attended the ceremony, where Halcrow received the award for Best overall performance in fostering employee share ownership in the 1,001 to 10,000 employees category. He said: “Employee share ownership is core to Halcrow’s vision and structure. Share ownership is actively promoted, educating employees about the benefits of being a part owner of the company and providing easy ways to invest. The percentage of the company's shares held by employees has more than doubled since 2001 and our target is that 35% of shares will be held by employees by 2010."

Halcrow came top of a selection of reputable companies, beating Coca-Cola Enterprises Ltd to the top spot.

The judges were impressed by Halcrow’s strong belief in employee share ownership and said “Halcrow stormed ahead of the competition in this category”.

The company’s award submission detailed the range of opportunities available to invest in Halcrow shares, including the internal share market, the Sharesave scheme and the company share option plan.

The submission also outlined Halcrow's intention to introduce a dividend reinvestment plan and to look at more ways to deliver enhanced employee share ownership.

ifsProshare is part of the Institute of Financial Services. It is a not-for-profit subscription organisation that represents sponsor firms involved in employee share plans.

To find out more about ifsProshare please visit
www.ifsproshare.org

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