Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Fleming Claverhouse (JCH)

  Print      Mail a friend       Annual reports

Thursday 22 February, 2001

Fleming Claverhouse

Final Results

Fleming Claverhouse Inv Trust PLC
22 February 2001

                 THE FLEMING CLAVERHOUSE INVESTMENT TRUST PLC


The Company today announced its preliminary results for the year ended 31st
December 2000.

Net asset value per share decreased by 6.5% to 498.6 pence compared to a
decrease in the Company's benchmark, the FTSE All-Share Index, of 8.0% (Source:
Datastream).

The Company's share price decreased by 4.5% to 518 pence per ordinary share.

The fourth quarterly dividend of 2.70 pence per ordinary share, which was
announced on 30th January 2001, brought the total dividend for the year to 7.80
pence, an increase of 6.8% over 1999.


The Company will hold its Annual General Meeting at The Chester Grosvenor
Hotel, Eastgate, Chester CH1 1LT on Thursday 26th April 2001 at 12.30 pm.


Chase Fleming Asset Management (UK) Limited - Secretary.
22nd February 2001
For further information contact:       Jonathan Latter           020 7742 6000



                 THE FLEMING CLAVERHOUSE INVESTMENT TRUST PLC

           UNAUDITED FIGURES FOR THE YEAR ENDED 31ST DECEMBER 2000


                                             2000          1999

                                             £'000         £'000
REVENUE

Income

               Franked dividends              7,856         6,607
               Unfranked interest                 2             -
               Foreign income dividends           -            42
               Scrip dividends                  237           366
               Deposit interest                 541            19
               Underwriting commission            3             5
               Stock lending fees (net)          17             6
                                              _____         _____
Gross Revenue                                 8,656         7,045

Less    Management fee                          965           767
              Other administrative expenses     291           248
              Interest payable                1,359         1,035
                                              _____         _____
Return before Taxation                        6,041         4,995

Less     Taxation                               107             5
                                              _____         _____
Return available to ordinary shareholders     5,934         4,990
                                               ====          ====


                                            2000        1999

                                           £'000       £'000

CAPITAL

Movements on investments                 (20,296)     64,574
Less: Expenses charged to Capital          1,793       1,425
Less: Interest charged to Capital          2,524       1,921
Less: Performance fee charged to Capital     285           -
                                           _____      _____
Return before Taxation                   (24,898)     61,228

Taxation                                     107           5
                                           _____      _____
Return attributable to ordinary          (24,791)     61,233
shareholders
                                           =====       ====

Dividends per ordinary share                7.80 p       7.30 p
Cost of dividends per ordinary share (£     5,423        4,595
'000)

Revenue return per ordinary share           8.75 p       7.96 p
Capital return per ordinary share         (36.53)p      97.72 p
Total return per ordinary share           (27.78)p     105.68 p




                 THE FLEMING CLAVERHOUSE INVESTMENT TRUST PLC

           UNAUDITED FIGURES FOR THE YEAR ENDED 31ST DECEMBER 2000



BALANCE SHEET
                                                      2000       1999

                                                     £'000      £'000

Investments at valuation                           408,096    373,381

Debtors                                              3,306        744

Cash and short term deposits                         6,362         39

Creditors: amounts falling due within one year      (6,343)    (6,259)

Creditors: amounts falling due after more than     (59,334)   (29,642)
one year
                                                   _______     _______
Total net assets                                   352,087    338,263
                                                    =====       =====

Net asset value per ordinary share                  498.6p     533.5p



CASH FLOW STATEMENT
                                                    2000            1999

                                                   £'000           £'000


Net cash inflow from operating activities          5,056           4,167

Net cash outflow from returns on investments
and
                                                  (3,246)         (2,110)
servicing of finance

Total tax paid                                         -            (165)

Net cash outflow from capital expenditure
and financial investment                         (54,237)         (4,141)

Total equity dividends paid                       (4,912)         (4,841)

Net cash inflow from financing                    63,605           7,129
                                                   _____           _____
Increase in cash for the year                      6,266              39
                                                    ====           ====



The above financial information does not constitute statutory accounts as
defined in Section 240 of the Companies Act 1985.  The comparative financial
information is based on the statutory accounts for the year ended 31st December
1999.  These accounts, upon which the auditors issue an unqualified opinion,
have been delivered to the Registrar of Companies.


CHASE FLEMING ASSET MANAGEMENT (UK) LIMITED


22nd February 2001