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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Xaar PLC (XAR)

  Print      Mail a friend       Annual reports

Wednesday 02 July, 2003

Xaar PLC

Trading Statement

Xaar PLC
02 July 2003


FOR IMMEDIATE RELEASE                                            


                                    Xaar plc


                      HALF-YEAR PERIOD-END TRADING UPDATE

                     AND APPOINTMENT OF NEW CHIEF EXECUTIVE


Xaar plc ('Xaar'), the inkjet printing technology group headquartered in
Cambridge, presents an update on current trading at the end of its first
half-year to 30 June 2003.


Following the first quarter issues reported in early April, performance has
improved steadily as the second quarter progressed.


Sales for the first half as a whole were affected by the slow start to the year
but picked up in the second quarter and ended only marginally down on the first
half of last year.


The company is encouraged by the performance to-date of the revised XJ500
printhead. However, the re-launch of the product in Asia, its largest market,
has been hampered by the travel and other restrictions imposed in the region due
to the SARS virus. It is now expected to be the second half of the year before a
significant improvement in the sales of this product is seen. Sales of the XJ128
printhead remain on target with sales of the XJ126 printhead beginning to
benefit from the new sales agreement announced in April.


Manufacturing yields have improved during the second quarter and returned to
target levels in June. The company is also now starting to see the benefits of
the lower build-cost of the revised XJ500 product.


As previously stated, the company expects to report a trading loss for the
half-year. This will now be higher than expected at the time of the April
statement due to slower take-up of the XJ500 and lower production yields prior
to June. Further staff reductions were made across the company during the second
quarter in order to bring costs into line with current trading levels.


The resignation of Jan Fineman as Chief Executive is announced, effective
immediately. Mr Fineman is leaving the company to pursue other interests and the
company wishes him well for the future. Mr Ian Dinwoodie, currently Group
Operations Director has been appointed as Chief Executive and will be
progressing the strategy previously set out in the interim and annual reports
for 2002. Mr Nigel Berry, Group Finance Director will assume the additional role
of Deputy Chief Executive in support of Mr Dinwoodie.


The company expects the second-half of the year to be stronger, as was also the
case in the second-half of 2002. This is based on recent improvements in trading
performance supported by the cost reduction measures announced in this and
earlier statements. An update on the third quarter trading and the outlook for
the full year will be given with the interim results which are expected to be
announced towards the end of September 2003.


Contacts
Xaar plc:                                                         01223-423663
Ian Dinwoodie, Chief Executive                                   www.xaar.co.uk
                                                                ----------------
Nigel Berry, Group Finance Director
& Deputy Chief Executive

Bankside Consultants:
Steve Liebmann                                                   020-7444-4163 /
                                                                  07802-888159







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