Investor Relations

The information provided is disclosed in accordance with Rule 26 of the AIM Rules for Companies (February 2007), updated as of 7 October 2009.

Introduction to GoIndustry DoveBid

In a market estimated to be worth more than US$100 billion per annum, GoIndustry DoveBid has become a leading force in changing the way in which surplus industrial assets are bought and sold. Since the company was founded in 1999 it has leveraged the growing popularity and effectiveness of online auctions, which when married to the company's acknowledged expertise in equipment valuation, marketing and database management has proved a powerful combination for international expansion.

In 2008 the company enhanced its market leadership position further by acquiring DoveBid. This transaction enabled the company to become the number 1 player in the pivotal Noth American market. Additionally, the company acquired several key corporate accounts and expanded its global buyer database.

The management of the company believe that there is considerable scope for future growth. Even as the market leader, GoIndustry DoveBid's market share accounts for less than 1% of the estimated global market. Because the market is so fragmented, GoIndustry DoveBid believes it can increase its sales significantly over the coming years.

Financial Releases & AIM Notifications

If you would like to be alerted when a new financial release is issued then please register your details for our alert service.

Please find below all notifications GoIndustry DoveBid has made in the past 12 months.

2009

2008

2007

Please note that all documents are available in English only.

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Financial Calendar

April 2010 Preliminary Results 2009
May 2010 Annual Report 2009
June 2010 Annual General Meeting (AGM)
September 2010 Interim Results 1st Half 2010
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Key Information

EPIC Code GOI
Status Alternative Investment Market Listed
Sector Support Services
Activities Providing valuation services as well as traditional and online auctions of surplus industrial machinery and equipment
Year end 31 December
Registered office 1-6 Lombard Street
London EC3V 9JU
United Kingdom
Registered number 5381812 (Registered in England and Wales)
Country of incorporation England and Wales
Main country of operation United Kingdom
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Investor Documents

Please note that all documents are available in English only.

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Share Price & Holding

For information on our share price, please see our listing on the London Stock Exchange website

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GoIndustry DoveBid Directors

Board of Directors

Neville Davis, Non-Executive Chairman
Neville was formerly Chief Executive of the Compel Group plc, an IT solutions business, which was quoted for 12 years prior to its sale in 2007. He held this position for over 20 years, growing the business from revenue of £5m (30 employees) to £300m (1300 employees) and optimising performance in both good and difficult market conditions. He is a Chartered Accountant, qualifying with Deloitte in London. Neville is also Chairman of Amor Group Ltd, a privately held IT solutions company, and of Ascribe Group Ltd, a privately held healthcare solutions company and is a Non-executive Director of Tikit Group plc, the AIM quoted provider of consultancy services and software solutions to the legal and accountancy sectors.

Jack Reinelt, Chief Executive Officer
Jack joined GoIndustry-DoveBid in May 2009.
Previously, he was Managing Director and COO, EMEA at TeleAtlas, a global leader in providing digital data to the automotive, Internet, consumer electronics, wireless and enterprise markets. Under his leadership over a four year period, this business grew revenues from €78m to €217m and EBITDA from €6m to €110m.
Prior to this, he was VP of e-Marketplace Management at Commerce One, and was President of Software Services Corporation for most of the 1990’s. He began his career in sales at IBM.
Jack is a Board Member of GDI Infotech, a private IT consultancy based in Michigan, USA.

David Horne, Chief Financial Officer
David was previously Group Finance Director of Huveaux PLC, the AIM listed media and publishing group. He has run his own consultancy practice and was formerly European Finance Director of BSMG worldwide, the international PR agency. After qualifying as a Chartered Accountant with Price Waterhouse (now part of PricewaterhouseCoopers LLP) in Canada he moved with them to Zurich. He then held senior financial positions with AT&T in Zurich and London, and with the BBC. He is also a non-executive director and Chairman of the Audit Committee of The Centre International Limited, a privately held European public policy and communications enterprise.

David Bailey, Non-Executive Senior Independent Director
David was a stockbroker with Phillips and Drew for 18 years from 1970, specialising in equity and derivative markets. Since 1988, he has been a non-executive director of a number of public and private companies, including Appleyard Group plc, Hay & Robertson Group plc, Finsbury Asset Management Ltd and Sutherlands (Stockbrokers) Ltd. He is currently Deputy Non-executive Chairman of DataCash Group plc, the AIM listed payment service provider, and a Non-executive Director of Sport Media Group plc, the AIM listed multi-media publisher.

Kamal Advani, Non-Executive Director
Kamal is currently a Managing Director at Internet Capital Group, Inc. (NASDAQ: ICGE). In this capacity, Kamal holds directorships with Freeborders, Inc., Marketron International, Inc. and Qcorps Residential, Inc. Prior to this Kamal was with Advanta Corporation Inc. (NASDAQ: ADVNA) where he held several positions including Senior Vice President and Chief Financial Officer of Advanta Business Cards, a leading issuer of credit cards to small businesses. Earlier in his career, Kamal was a senior manager in the financial advisory services group at Coopers & Lybrand (now part of PricewaterhouseCoopers LLP), where he provided financial consulting services to a broad range of companies in connection with mergers, acquisitions, financing transactions and business reorganisations.

Max Steinkopf, Non-Executive Director
Max is currently an executive director of Bond Capital Partners (UK) Limited. Prior to that he worked at GB Railways Group Plc where he was a founding director and major shareholder. He has had over 20 years of experience in M&A, operational management and property development. Max holds an LL.B. from the University of Western Ontario, Canada and qualified as a barrister and solicitor in Ontario and an attorney at law in New York.

Audit Committee Members & Responsibilities

Neville Davis, Non-Executive Chairman
David Bailey, Non-Executive Senior Independent Director
Kamal Advani, Non-Executive Director

The Audit Committee meets no less than three times annually and provides a link between the board and the Group's auditors on matters falling within the scope of the Group's audit. These matters include accounting standards and policies, internal financial control procedures and the Group's financial statutory reports, which are intended for publication. A formal statement of independence is received from the external auditors each year.

Remuneration Committee Members & Responsibilities

Neville Davis, Non-Executive Chairman
David Bailey, Non-Executive Senior Independent Director
Kamal Advani, Non-Executive Director

The Remuneration Committee determines the salaries and benefits of executive directors, taking into account:

  • the need to pay salaries comparable to those of competitor companies;
  • the provision of related benefits which include medical insurance and insurance related to the directors' duties;
  • the need to link individuals to the long-term success of the Group through the award of share options with amounts allocated determined by importance of the role and performance of the executive concerned
  • the use of a profit-related incentive scheme to reward individual contribution to attainment of profit targets.

The board reviews the salaries and benefits of the executive directors each year by considering the recommendations of the Remuneration Committee and having regard to personal performance, affordability and comparable pay levels in the market.

Shareholders (Information last updated 7 October 2009)

Shares in issue: 974,429,370 1p Ords

GoIndustry DoveBid plc
Significant Shareholders		 Number of shares held % Holding
ICG Holdings

Bond Capital Partners 1 Ltd

Atlas Funds

Fidelity

Lloyds Banking Group plc

AXA		 254,674,377

189,709,231

108,052,518

89,864,212

82,778,729

37,182,257		 26.14

19.47

11.09

9.22

8.50

3.82
Shares not in public hands Number of shares % Holding
Directors

Bond Capital Partners

ICG Holdings

Atlas Funds		 12,126,473

189,709,231

254,674,377

108,052,518		 1.24

19.47

26.14

11.09

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Details of Key Advisers

Broker & Nominated Adviser Oriel Securities
125 Wood Street
London EC2V 7AN
Tel: + 44 20 7710 7600
www.orielsecurities.com
Registrar Capita Registrars
Northern House
Woodsome Park
Fenay Bridge
Huddersfield HD8 0LA
United Kingdom
Tel: 0871 664 0300
Calls cost 10p per minute plus network extras
Tel: +44 208 639 3399 (for calls from overseas)
www.capitaregistrars.com
Corporate Solicitors SJ Berwin LLP
10 Queen Street Place
London EC4R 1BE
United Kingdom
Tel: +44 (0) 20 7111 2222
www.sjberwin.com
Financial Public Relations St Brides Media & Finance Ltd
46 Bedford Row
London WC1R 4LR
United Kingdom
www.sbmf.co.uk
Auditors Baker Tilly LLP
1st Floor
5 Old Bailey
London EC4M 7AF
United Kingdom
+44 (0) 20 7002 8600
www.bakertilly.co.uk
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Frequently Asked Questions

Where is GoIndustry DoveBid's head office?
GoIndustry DoveBid is headquartered in London.

What is GoIndustry DoveBid's dividend policy?
The Directors intend to commence payment of dividends only when it becomes commercially prudent to do so, having regard to the availability of the Company's distributable profits and the retention of funds required to finance future growth.

How do I buy and sell GoIndustry DoveBid shares?
Contact your financial adviser or stockbroker and they will be happy to assist you with your purchase of shares in GoIndustry DoveBid.

How can I get a copy of the Annual Report or other Investor Documents?
Visit our Investors Relations page where you can find all of our latest documents which may be viewed and Downloaded.

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Disclaimer

Whilst GoIndustry DoveBid use reasonable endeavours to ensure that the contents of this site are accurate and up to date it does not accept any liability for any information which may not be accurate and reserves the right to change data and references at any time.

The contents of this site are for general information and public relations purposes only and do not purport to provide advice, make any offer or otherwise create or lead to the creation of any legally enforceable relationship between GoIndustry DoveBid and you. No reliance should be placed on any statements made on the site, whether for investment purposes or otherwise. GoIndustry DoveBid excludes to the fullest extent permitted by law all liability resulting from your access to the site including (without limitation) any loss, (financial or otherwise) or damage resulting directly or indirectly from any such reliance.

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