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Established in 1991 and listed on AIM in 2007, i-design is the world-leading provider of customer engagement software and interface design solutions for the self-service channel.
i-design (a wholly owned subsidiary of i-design group plc) is the developer and supplier of leading customer engagement software (joono) and advertising services (atmAd) that enables banks and ATM owners to communicate with their customers through self-service channel. It also allows them to run both their own targeted marketing campaigns and third party advertising.
Jim Faulds: Non-executive Chairman
James has had a long career working in advertising agencies across the UK before establishing his own agency, Faulds Advertising Limited, in 1985. James built the agency into Scotland's largest marketing services group and one of the largest agencies outside London before selling the business to the management team in December 2001. James currently sits on the board of Newhaven Communications, the Scottish Exhibition Centre Limited, QD Events Limited, Capital Angels Property Fund (General Partner) Limited, Bradley Hall Holdings Limited and Ainscough Crane Hire Limited. He was appointed non-executive Chairman of i-design multimedia limited in December 2004 and of the company in June 2007. He has provided invaluable expertise in the development of the atmAd Media Sales team.
Ana Stewart: Chief Executive Officer
Ana established i-design as a multimedia consultancy in 1991 and co-founded it as a limited company in 1995. Ana has over 19 years' experience working with organisations in the ATM industry. She identified the opportunity and devised the strategy for delivering the company's ATM marketing solutions to the market. In addition she was the creator of the company's media sales team. Ana is responsible for developing relationships with the company's key customers and speaks regularly at major industry conferences as a leading expert on ATM marketing.
Ian Sunter: Finance Director
Ian joined i-design in March 2007 from Zonal Retail Data Systems Limited, a leading provider of electronic point-of-sale solutions to the hospitality industry, where he was finance director. He qualified as a member of the Chartered Association of Certified Accountants (ACCA) in 1988 and became a fellow in 1993. Ian has over 20 years' experience, the last 10 years as finance director roles with small and medium enterprises, primarily in the software and manufacturing sectors.
Mark Hogarth: Non-executive Director
Mark Hogarth is investment director of Sigma and a director of Sigma Technology Management Limited. As well as sourcing and negotiating investments, Mark sits on the board of a number of Sigma's portfolio companies. He was appointed a non-executive director of i-design in October 2004.
i-design group completed a placing and admission on the Alternative Investment Market (AIM) of the London Stock Exchange on 20th July 2007. The number of AIM Securities in issue is 14,105,437. There are no restrictions on the transfer of the Company's shares.
The company was incorporated in Scotland, United Kingdom under the Companies Act 1985 with registered number SC324540 and registered office 30 City Quay, Camperdown Street, Dundee, DD1 3JA. The company's main country of operation is the United Kingdom. The company's VAT number is 921 9524 23.
Shareholdings
As at 07.00 on 21st December 2011, the Company's issued share capital comprised 14,105,437 ordinary shares of ten pence each. Each ordinary share carries the right to one vote at a general meeting of the Company and, therefore, the total number of voting rights in the Company as at 07.00 on 21st December 2011 is 14,105,437.
No Securities are held in treasury and 49.15% of the Securities are not held in public hands.
| Significant Shareholders at 31st January 2012: | |
| Shareholder |
% shareholding |
| Ana C Stewart* | 16.11 |
| Ralph Hasselgren* | 10.99 |
| James Faulds (Fontmerle Ltd) | 7.82 |
| Sigma Innovation Fund (East of Scotland) | 6.62 |
| Sigma Technology Venture Partners | 5.78 |
| Scottish Enterprise | 4.83 |
| Hargreave Hale Limited | 4.23 |
| Artemis Investment Management Limited | 4.23 |
| Barclayshare Nominees Limited | 3.44 |
| Williams de Broe Limited | 3.20 |
| Rathbone Investment Managemenet Limited | 3.13 |
| Total | 70.38 |
Nominated Advisor and Broker
Westhouse Securities Limited
One Angel Court
London EC2R 7HJ
Solicitors to the Company
Dundas & Wilson CS LLP
Saltire Court
20 Castle Terrace
Edinburgh EH1 2EN
Reporting Accountants
Grant Thornton UK LLP
1/4 Atholl Crescent
Edinburgh EH3 8LQ
Registrars
Capita Registrars
The Registry
34 Beckenham Road
Beckenham
Kent, BR3 4TU
Financial PR
Biddicks
No.1 Cornhill
London
EC3V 3ND
The Directors have established an Audit Committee, a Remuneration Committee and a Nominations Committee, each with formally delegated rules and responsibilities. Each of the committees currently comprises the non-executive Directors and meets at least twice each year in respect of the Audit Committee and at least once a year in respect of each of the Nominations Committee and the Remuneration Committee.
The Company holds at least 10 board meetings throughout the year. The Board is responsible for formulating, reviewing and approving the Group’s strategy, budgets, major items of capital expenditure and acquisitions.
The Audit Committee is responsible for ensuring that the financial performance of the Group is properly reported on and monitored and for meeting with the Company’s auditors and reviewing the reports from the auditors relating to the Group’s accounts and internal control systems. It meets once a year with the Company’s auditors without executive Directors being present. The Audit Committee comprises the non-executive Directors of the Company and is chaired by Mark Hogarth.
The Remuneration Committee reviews the performance of the executive Directors and sets and reviews the scale and structure of their remuneration and the terms of their service agreements with due regard to the interests of all Shareholders. In determining the remuneration of executive Directors, the Remuneration Committee seeks to attract and retain executives of the highest calibre. The Remuneration Committee also makes recommendations to the Board concerning the allocation of share options to employees. No Director is permitted to participate in discussions or decisions concerning his own remuneration. The Remuneration Committee comprises the non-executive Directors of the Company and is chaired by James Faulds.
The Nominations Committee meets as required for the purpose of considering new or replacement appointments to the Board. The Nominations Committee comprises the non-executive Directors of the Company and is chaired by James Faulds.