Renishaw nominated for Best Technology award

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UK-headquartered global engineering technologies company Renishaw has been nominated for the Best Technology award at this year's PLC Awards, which are given annually for smaller (non FTSE 100) companies listed on the London Stock Exchange.

The award, which Renishaw last won in 2010, is given to a company whose business growth and success is dependent on, or attributable to, the development of its technology. The shortlist for the Best Technology award, which is sponsored by global investment banking firm Jefferies, also nominates other leading technology businesses; Anite, Aveva Group, AZ Electronic Materials and Oxford Instruments. Ben Taylor, Assistant chief executive of Renishaw says: "We annually invest between 14 and 17% of our revenue into R&D and engineering, and innovative technology is at the heart of our customer solutions for the manufacturing and healthcare sectors. Whether or not we win this award again, it is great that our achievements in 2012 have already been recognised by a panel of independent experts from the financial community who selected the shortlist." The awards will be announced on Thursday, 7 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.