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”).

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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;
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  • 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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Capita Group PLC (CPI)

  Print      Mail a friend       Annual reports

Monday 13 May, 2002

Capita Group PLC

Acquisition

Capita Group PLC
13 May 2002

13th May 2002



Capita acquires 3 HR businesses from PwC extending Capita's HR service offering
                             and market penetration


The Capita Group Plc ('Capita') has expanded its Human Resources services
offering by acquiring three HR businesses from PricewaterhouseCoopers Human
Resource Consulting  ('PwC') in the UK.  Capita has also established a
co-operation agreement with PwC to deliver an enhanced range of HR services to
the market.  This extended HR service offering positions Capita to meet the
growing demand for the delivery of comprehensive, integrated HR solutions from
organisations across both the private and public sectors.



Capita has acquired these three PwC HR businesses for a consideration of £14
million, to be satisfied in cash.  A further £1 million will be paid subject to
certain conditions being satisfied.  For the year to 30 June 2001, the
businesses reported turnover of £14 million and pro forma profits of £2.8
million after taking account of certain centrally apportioned overheads.  The
businesses transfer with negligible net assets.  The acquisitions will be
earnings enhancing in the current year.



The three PwC businesses, formerly part of PwC's Global HR Solutions division,
are Human Resources Outsourcing (including flexible benefits administration);
Interim Management (providing specialist interim senior management support); and
Executive Search & Selection,  (undertaking recruitment for senior and upper
middle management positions in both the public and private sectors).



The three PwC businesses, which currently deliver services to clients across the
full range of industry sectors, complement and extend Capita's existing HR
services offering.  Through the co-operation agreement between Capita and PwC,
Capita will make their enhanced HR Services offering available to the entire UK
market.



Commenting on the acquisitions, Rod Aldridge, Executive Chairman of The Capita
Group Plc said:



'The HR outsourcing market is estimated to have a potential value of £10 billion
in the UK.  Recognised as one of the fastest growing outsourcing sectors, demand
for these services is rising by 40% per annum.



'These acquisitions will enable Capita to meet growing demand from both the
private and public sectors for more flexible, integrated HR outsourcing
solutions to meet their requirements and the needs of their employees.  The
market is increasingly seeking broader HR solutions that not only address the
burden of administering established employee requirements and benefits, but can
also effectively manage the escalating complexity of employee legislation and
meet the desire to deliver flexible employee benefits efficiently to assist in
retaining a loyal workforce.



'We are now positioned at the forefront of this market with a highly attractive
and adaptable HR offering for our existing client base and the wider market
place.  These acquisitions will strengthen our relationships with our public
sector clients and facilitate our drive into the private sector.'



The PwC businesses employ 220 staff across offices in London, Birmingham, Leeds,
Manchester and Edinburgh.  All staff from the three businesses will transfer to
Capita.  Following completion of the acquisition, PwC's HR Outsourcing business
will trade under the Capita name, while Executive Search & Selection and Interim
Management will initially trade under the new name of Veredus Executive
Resourcing.



                                    - Ends-



For further information, please contact:
The Capita Group Plc                                   020 7799 1525

Rod Aldridge, Executive Chairman

Paul Pindar, Chief Executive

Shona Nichols, Group Marketing Director
Capita Press Office                                    020 7544 3141
Issued by:
Finsbury                                               020 7251 3801

Morgan Bone/ Mark Harris



Notes to editors:

The Capita Group Plc is a leading provider of integrated professional support
service solutions. The Group's service capabilities encompass customer services,
insurance services, human resource services, software services, systems and
strategic support and property services delivered to both public sector and
private organisations. With over 14,500 people at over 160 UK sites, Capita is
quoted on the London Stock Exchange and is a FTSE 100 company with revenues in
2001 of £691 million. In November 2001 Capita was awarded the Management Today
Most Admired Business Services Company Award.



The Capita Group Plc and PricewaterhouseCoopers are separate organisations that
recognise the skills that each other can bring to their clients and seek to work
together outside any formal alliance to achieve synergies and enhance client
satisfaction.





                      This information is provided by RNS
            The company news service from the London Stock Exchange