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May Gurney named IPO of the Year

May Gurney has won 'The Simcocks M&A AIM IPO of the Year' award in recognition of its successful transformation from private to public company in June 2006.

The company received the award - which was presented to David Sterry, Chief Executive and Mike Dunn, Group Financial Director - at the inaugural M&A Magazine Awards ceremony on 28 February.

The judges, all experts in corporate finance, based their decision on a number of factors including the clear strategy behind the IPO, that sufficient money was raised at appropriate times - and a post-IPO performance that reflected market expectations.

David Sterry said: "May Gurney has seen a huge amount of growth since last summer, and this is in no small part due to our decision to float on the stock market. This award is a tribute to the hard work of all those who played a part in the process and helped to ensure its success."

"This award is a tribute to the hard work of all those who played a part in the process."
David Sterry
May Gurney is one of more than 2,000 companies listed on AIM, the world's leading market for smaller, growing companies. The company was included in a five-strong shortlist in its category, before being pronounced the winner at a ceremony held at the InterContinental Hotel on Park Lane in London.

Andrew Chivers, Managing Editor, M&A Magazine, said: "The mid-market M&A space has never been more exciting. It seems to gain pace every day and these winners are leading the market with performances which require recognition."

In recent weeks May Gurney has consistently appeared in guides to the best share tips.