2016 a pivotal year.

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It seems that 2016 became a pivotal year for Insor.

Investor Relations’ consultancies ended with Auswide Bank (formerly Wide Bay Building Society) after 9 years and REA Group after 5 years, both coming with senior management changes.

The SDI role changed from consulting to joining the Board after 12 years and the handing over of IR responsibilities.

Working with TFS Limited reached the 9 year mark and Diadem, 6 years.

New clients; Spring Financial Group Limited, TFSL and East 9th Brewing all started, also heralding a new era of significant work with unlisted companies.

Roll on 2017.

SDI Changing of the guard

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2016 meant the ‘changing of the guard’ for Investor Relations at SDI Limited. After being appointed to the Board as a Non-Executive Director, it became no longer appropriate for Insor principal, Gerry Bullon, to retain the role which he had been doing since 2002.

Immediately upon joining the Board in late 2014, we took advice from the legal department of the AICD as to the appropriateness of continuing to support IR from the Board position and following that advice, Insor started the process of stepping back, taking only a passive role in receiving calls from the market and no longer participating in post-results roadshows.

After the 2015 AGM, the Board agreed that external Investor Relations was preferable and a search began for a suitable firm to support management.

In 2016, Market Eye was appointed.