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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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:

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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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D1 Oils Plc (NEOS)

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Wednesday 06 April, 2005

D1 Oils Plc


D1 Oils Plc
06 April 2005

                              D1 Oils in settlement

D1 Oils plc ('D1 Oils') has settled, at no additional cost to the company, a
claim against it of approximately £1 million in respect of a dispute over
payment for services and intellectual property rights with Mr Steve Davis and
his wholly-owned company SIF. Following this successful conclusion, all ties
between D1 Oils and Mr Davis are severed and Mr Davis and SIF have confirmed
that all intellectual property rights remain vested in D1 Oils and its trading

Under the terms of the settlement:

• No further payments are to be made by D1 Oils to SIF or to Mr Davis in
  respect of their contractual relationships as described in D1 Oils' 

• Mr Davis has agreed to sell his entire holding in D1 Oils of 1.385m
  shares to the Trustees of the D1 Oils Employee Share Trust for £2.50 per 
  share, a significant discount to the market price at the close price of 377.5p 
  per share on 31 March 2005, the last dealing day before the settlement price 
  was agreed.

• For the purposes of the settlement only, D1 Oils' nominated adviser
  and broker, Bell Lawrie White, released Mr Davis from restrictions imposed 
  upon him at the time of the Company's admission to trading on AIM pursuant to 
  the provisions of a lock in agreement entered into between Mr Davis and Bell 
  Lawrie White and others to ensure an orderly market in D1 Oils' shares.


Philip Wood                         D1 Oils plc          020 7321 3885
Kevin Byram/James Crampton          Brunswick            020 7404 5959

Notes to Editors:

The Trust is a newly established independent employee share trust established
for the benefit of such of the employees and former employees of D1 Oils and any
subsidiary and their spouses, widows and widowers, children and step-children
under the age of eighteen and in such manner as the Trustees may determine from
time to time.

The consideration for the share purchase was loaned to the Trustees by D1 Oils.
D1 Oils has been informed by the Trustees that they intend to repay the loan by
an orderly disposal of shares through the Company's nominated adviser and
broker, Bell Lawrie White.

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