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”).


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.


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.

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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.

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We store and use information you provide as follows:

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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.


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.


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.


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.


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.


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

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Yorkshire Group PLC (YOR)

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Tuesday 08 January, 2002

Yorkshire Group PLC


Yorkshire Group PLC
8 January 2002

8th January, 2002

                             Yorkshire Group plc


As envisaged in the trading statement of 30th November, 2001, the Board of
Yorkshire Group plc ('Yorkshire'), the specialist dyes and chemicals company,
announces a further step in its strategic restructuring programme aimed at
reducing the group's cost base in line with expected levels of demand.

The project, which is expected to bring cost savings of around £3 million a
year from early 2003, will affect Yorkshire's two manufacturing sites at Leeds
and will create a highly efficient dyestuff manufacturing plant at its Hunslet
Road site, whilst continuing to use the Kirkstall Road site for strategic
storage, research, technical development and head office.

The exceptional cost resulting from this project is estimated at approximately
£8 million, of which some £6.2 million will be non-cash arising from plant and
stock write-downs, and this will be accounted for in the results for the
financial period ending 31st December, 2001. In addition, the necessary
capital expenditure to facilitate this project is expected to amount to £2.5
million, giving an overall implementation cash cost of approximately £4.3
million. Partially offsetting this cash expenditure will be an expected stock
reduction of approximately £1.6 million arising in 2003.

The detailed consultation, planning and engineering work necessary for a
project of this scale means that the Board of Yorkshire do not expect this
integration to be completed until the early part of 2003. As a result, the
benefits of this restructuring are not expected to be seen in the financial
year ended 31st December 2002.

The group continues to focus upon its strategic objectives and to work
aggressively towards reducing the cost base in line with expected levels of
demand. The Board will update shareholders on the progress of the strategic
restructuring programme at the time of the preliminary announcement of the
2001 results in March, 2002.

Philip Howard

Acting Chairman


Andrew Dick, Chief Executive, Yorkshire Group plc         Tel: 0113 2443111

Patrick Toyne Sewell, Citigate Dewe Rogerson              Tel: 020 7638 9571


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