Global engineering technologies company, Renishaw has been nominated for the Best Technology award at this year's PLC Awards.
Given annually for smaller (non FTSE 100) companies listed on the London Stock Exchange, the award goes to a company whose business growth and success is dependent on, or attributable to the development of its technology. Renishaw last won the award in 2010. The Best Technology award is sponsored by Jefferies.
Renishaw will be competing against other leading technology businesses including Anite, Aveva Group, AZ Electronic Materials and Oxford Instruments.
According to Ben Taylor, Assistant Chief Executive of Renishaw, the company invests up to 17% of their revenue annually into R&D and engineering. Regardless of the outcome of the award, Renishaw is happy to have their achievements in 2012 recognised by a panel of independent experts from the financial community.
The awards will be announced on Thursday 7th March 2013 at The Grosvenor House Hotel in London, UK, and will be attended by 1,500 people from listed companies, investment banks, fund managers, investment analysts and corporate advisors.
Winners of various PLC awards are chosen via a 50:50 split between the expert panel and a public vote.
Renishaw Oceania represents the Renishaw Group in Australia.