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WINNER
A L'HONNEUR

PROSHARE AWARD 2002
PRIX PROSHARE 2002

MOST SUCCESSFUL INTERNATIONAL EXPANSION OF EMPLOYEE SHARE OWNERSHIP
MEILLEUR PLAN INTERNATIONAL D’ACTIONNARIAT SALARIE

SUEZ a reçu mardi soir 3/12 à Londres le prix "Most successful international expansion of employee share ownership". Ce prix a été décerné par PROSHARE, organisation britannique indépendante à but non lucratif, fondée en 1992 à l'initiative du HM Treasury, du London Stock Exchange et d'un groupe de grandes sociétés. SUEZ est le premier groupe non britannique à recevoir un "Proshare award"

PROSHARE AWARDS WINNERS SHOW THAT SHARE OWNERSHIP IS SURVIVING THE STORM

Despite another difficult year for shares, a record 940 guests attended the largest-ever ProShare Awards at the London Hilton last night (Tuesday 3 December 2002).
Sixteen companies were singled out for their excellent private investor services and their promotion of employee share plans.
The evening also celebrated the ProShare's tenth anniversary and ten years of their Awards.
Two companies won twice. The food company Geest produced the best annual report for an unprecedented fourth year and they also won a second award for their website. Diaego received awards for their share plan communication and for best overall performance. Past winners including GlaxoSmithKline, St Luke's, United Utilities and BT scored again across a range of  awards.
The awards were presented by Sir Peter Thompson, the first Chairman of ProShare and President until 1999. Sir Peter, a leading advocate of employee share plans, said, " It hardly seems possible that ten years have gone by since we held our first awards ceremony. None of us could have envisaged then how important the Awards would become and the competition they generate among companies big and small."
In her speech, Diane Hay, Chief Executive of ProShare commented, "There's no denying that this has been difficult year for many companies. Employees and investors have also had a tough time as share prices have collapsed and confidence in companies has taken a real blow. The clear message from our Awards is that in such an environment open and honest communication to all your stakeholders is critical."
She also fired a warning shot at the recently proposed rules on accounting for share options "which threaten to put in reverse 20 years of progress in employee share ownership. The new rules will reduce the benefits of broadly-based share plans, but will do nothing to stop excessive options at Board level."
The full list of winners was:
Private Investor Awards                                                 
- Geest plc - Best website for private investors (FTSE 500 company)
- Land Securities Group PLC - Best website for private investors (FTSE 100)
- Geest plc - Best annual report for private investors (FTSE 500 company)
- Lattice Group plc - Best annual report for private investors (FTSE 100 company)
- BT Group plc - Best overall performance in meeting the needs of private investors
Employee Share Ownership Awards                                         
- Associated British Ports Holdings PLC - Best new plan
- United Utilities plc - Best financial education programme for employees
- iSOFT Group Plc - Most effective communication of an employee share plan (under 1,000 employees)
- Diageo plc - Most effective communication of an employee share plan (1,000 - 10,000 employees)
- GlaxoSmithKline Plc - Most effective communication of an employee share plan (Over 10,000 employees)
- iSOFT Group Plc & Hewitt Bacon & Woodrow Limited - Joint winners of Best newcomer to employee share ownership
- Somerfield plc - Most improved plan
- Smith & Nephew plc & Suez - Joint winners of Most successful international expansion of employee share ownership
- St Luke's Holdings Ltd - Best performance in fostering employee share ownership (Under 1,000 employees)
- Diageo plc - Best performance in fostering employee share ownership (Under 1,000 - 10,000 employees)
- Pearson plc - Best performance in fostering employee share ownership (Over 10,000 employees)

Further information can be found at www.proshare.org

 

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