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.

 Information  X 
Enter a valid email address

QXL Ricardo PLC (TRAD)

  Print      Mail a friend

Friday 28 December, 2001

QXL Ricardo PLC

ADS Ratio Change

QXL Ricardo PLC
28 December 2001



                      QXL Announces Change in ADS Ratio


London, 28 December 2001 - QXL ricardo plc (LSE: QXL; NASDAQ: QXLC; FRANKFURT:
QXL.F) has announced its intention to change the ratio of its Ordinary Shares
to its American Depositary Shares ('ADS') to two hundred fifty (250) Ordinary
Shares for every one (1) ADS, effective 31 December 2001. Previously the ratio
was twenty five (25) Ordinary Shares for every one ADS. This announcement
follows the change which was made at this time last year, increasing the ratio
from its original ratio of five (5) Ordinary Shares for every one ADS.



To effect this change in ratio, ADS holders will receive one (1) new ADS in
exchange for every ten (10) old ADSs. Cash will be paid in lieu of fractional
ADSs.



The trading symbol for the new ADSs will be QXLCD.  The trading symbol will
revert back to the original symbol, QXLC, 20 days after the effective date.





For further information, please contact

Tom Parkinson, Company Secretary                      T: 020 8962 7109

QXL ricardo plc



James Melville-Ross                                   T: 020 7831 3113

Financial Dynamics





This press release may contain forward-looking statements that relate to the
Company's plans, objectives, estimates and goals. The Company's business is
subject to numerous risks and uncertainties, including risks associated with:
funding requirements; acquisitions; only having a limited operating history;
regulation of auctions and the Internet; probable variability in the Company's
quarterly operating results; the Company's results of operations not being
indicative of future performance; significant losses being incurred as a
result of expansion of the Company's business; dependence on growth of online
consumer-to-consumer commerce market; risks associated with development and
growth of the Company's foreign language web sites; intense competition;
failure to develop the Company's brand;  failure to expand the Company's
systems; risks associated with managing internal growth and retaining and
recruiting personnel; international expansion; online commerce security; risks
associated with not developing new services, features and functions; risks
associated with intellectual property rights;  fraudulent activity of the
Company's members and suppliers; and seasonality. These and other risks and
uncertainties, which are described in more detail in the Company's
Registration Statement, dated 7 October 1999, on Form F-1, and the Annual
Report dated 1 October 2001 on Form 20-F filed with the Securities and
Exchange Commission, in the Company's prospectus and listing particulars filed
with the UK Listing Authority and the Registrar of Companies in England and
Wales (the most recent being dated 22 May 2001), in the German Sales and
Listing Prospectus dated 23 October 2000 filed with the Frankfurt Stock
Exchange, could cause the Company's actual results and developments to be
materially different from those expressed or implied by any of these
forward-looking statements.