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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Capita Group PLC (CPI)

  Print      Mail a friend       Annual reports

Thursday 19 December, 2002

Capita Group PLC

Re Contract

Capita Group PLC
19 December 2002

19 December, 2002



  Capita in exclusive discussions to acquire Aurora to expand further into the
                          commercial insurance sector
                   & to Secure a significant run-off contract



The Capita Group Plc ('Capita'), announces that it is in exclusive discussions
to acquire Aurora Corporate Services Ltd ('Aurora'), providers of support
services to the insurance sector.  As part of the proposed arrangement, Aurora's
multi-million pound contract with the Joint Provisional Liquidators ('JPLs') of
Independent Insurance to administer run-off services will transfer to Capita.

Capita intends to acquire 100% of the shares in Aurora for an undisclosed
upfront cash consideration and completion is expected early in the new year.
The Independent Insurance run-off contract is of approximately five years
duration and is currently one of the most significant run-off contracts in the
UK.

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

'Assuming the successful completion of our negotiations, this transaction will
reinforce Capita's position as the UK's leading provider of outsourcing services
to the insurance market.  Aurora's expertise in the commercial insurance segment
will enhance Capita's existing activities in London Market and personal lines
business.  Additionally, the team of experts and infrastructure that will
transfer to Capita provide further scale and depth to our insurance operations.
This provides us with a platform for continued growth in the expanding market
for outsourced services across the insurance sector.'

Mark Batten and Dan Schwarzmann, partners at PricewaterhouseCoopers were
appointed as JPLs of Independent Insurance Ltd in June 2001.  They subsequently
established Aurora as a going concern to provide Independent Insurance with the
necessary portfolio of run-off services.

Dan Schwarzmann, Joint Provisional Liquidator from PricewaterhouseCoopers added:

'This should be a great deal for creditors, arising from a highly competitive
process.  It is also an excellent outcome for staff and will ensure that their
knowledge and expertise is retained for the benefit of Independent's creditors.'

Ken Blanc, Chief Executive at Aurora continued:

'This transaction should provide the 360 staff at Aurora with an opportunity to
grow the business further within Capita.  We believe the complementary strengths
of the two organisations will create a unique value proposition for the
insurance BPO market.  We are already working with Capita on some interesting
opportunities.'

Capita is making this announcement as Aurora's staff are attending presentations
to inform them of this transaction today.  If appropriate, an announcement
giving further financial information will be made in due course.



                                     -Ends-



For further information:


The Capita Group Plc:                                                                  020 7799 1525
Shona Nichols, Communications Director

Capita Press Office:                                                                   020 7544 3141

PricewaterhouseCoopers: (Media enquiries)                                              020 7213 4731
Lorna Siddall


The Capita Group Plc, is the UK's 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 the public
and private sector. The general insurance sector is increasingly seeking service
delivery partners to assist in responding to the challenges in their market
place and Capita views this sector as an important area for growth.  The total
potential value for business process outsourcing (BPO) opportunities in the
general insurance sector is estimated to be £4 billion.  With more than 17,000
employees at over 200 UK sites, Capita is quoted on the London Stock Exchange
(CPI.L) and is a FTSE 100 company with estimated revenues for 2002 of £895
million. For further information, visit www.capita.co.uk.






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