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.

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.


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.


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.


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.

 Information  X 
Enter a valid email address

John David Sports (JD.)

  Print      Mail a friend

Thursday 12 September, 2002

John David Sports

AGM Statement

John David Sports PLC
12 September 2002

12th September 2002

               JOHN DAVID SPORTS PLC ('JD Sports', the 'Company')
                             AGM TRADING STATEMENT

At today's Annual General Meeting of the Company, John Wardle, Chairman, made
the following comments:-

In the preliminary announcement made on 20th June 2002, I reported that JD
Sports was continuing to make good progress against strong like for like sales
comparatives and had maintained gross profit margins since the March year end.
I also reported that the integration of the Sport & Fashion division acquired
from Blacks Leisure Group Plc in May 2002 (which includes the First Sport,
Active Venture and Pure Woman fascias) was progressing well and proceeding to


JD Sports has maintained its progress since the preliminary results in June.
Against continuing strong comparatives, total sales have increased by 11.2% in
the 23 weeks since the year end, including an underlying like for like sales
growth of 1.4%.  Furthermore, gross margins have been maintained in the same
period and stock levels are in line with forecast. This is despite high levels
of discounting prevalent in the high street, due, in the main, to poor summer

The expansion plans of JD Sports have continued, and in the period since the
year end in March, six new stores have been opened and two stores closed
(including one relocation), increasing retail space by 21,000 sq.ft.  JD Sports
currently trades, therefore, from 168 stores occupying 671,000 retail sq.ft.

Further retail space and store growth will be achieved in the remainder of the
year, with contracts currently exchanged on a further six stores. This should
add an additional 51,000 sq.ft. of selling space.


The Sport & Fashion division of Blacks Leisure Group Plc was acquired in May
2002, comprising 209 stores occupying 495,000 retail sq.ft. at that time.

Total sales in the 15 weeks since the acquisition of the division on 21st May
2002 have increased by 3.2% and like for like sales by 2.2%.  Gross margins, as
planned, have been at a lower level in order to clear certain stock lines in
readiness for the Christmas trading period. Current stock levels in the Sport &
Fashion division are also in line with forecast.

Since the acquisition two new stores have been opened and two stores have now
been closed.  The division now trades from 209 stores occupying 502,000 retail
sq.ft..  One further store, which had been contracted prior to the acquisition,
is scheduled to open in the current year. The store portfolio continues to be
under review as sales densities increase towards their expected future levels;
integration is progressing well and our retail disciplines and high standards of
merchandising and display continue to be introduced throughout the chain.


In common with the majority of retailers, the Board acknowledges the importance
of the key Christmas trading period on the overall result for the year. The
Board remains confident, however, that the benefits arising from integration of
the Sport & Fashion division, together with our maintained focus on our brand
conscious consumer and differentiated offer, will continue to contribute to the
future success of the John David Sports Group. We look forward to a satisfactory
outcome for the Group for the remainder of the year.


A resolution is to be put to the shareholders at the Annual General Meeting to
change the name of John David Sports Plc to The John David Group Plc. This name
change follows our recent acquisition of the Sport & Fashion Division from
Blacks Leisure Group in May of this year.  In addition, the Board intends to
change the Company's accounting year end to 31st January.  Previously JD Sports
had a year end of 31st March  and the Sport & Fashion division had a year end of
28th February. As the year ends of all companies within the Group need to be
coterminous, a year end of 31st January is felt more appropriate, in common with
many other retailers.

For further information, please contact:

John David Sports Plc                              Tel:  01706 628000

Barry Bown, Chief Executive

Malcolm Blackhurst, Finance Director

Hogarth Partnership Limited                        Tel:  020 7357 9477

Andrew Jaques

Tom Leatherbarrow

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