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.

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Rightmove Plc (RMV)

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Friday 11 January, 2008

Rightmove Plc

Trading Statement

Rightmove Plc
11 January 2008

                                 TRADING UPDATE

Rightmove plc, the UK's number one property website, today issues a trading
update ahead of its results for the year ended 31 December 2007, due to be
released on 29 February 2008.

Revenue for the full year is expected to be in the region of £56.7m, up by
around 69% on 2006. Profit before tax on an adjusted basis(1) is expected to be
towards the upper end of analysts' estimates of £29.3 to £32.2m (2006: £17.7m).

Key achievements include:

• Continued strong sales growth with around 90% of all estate agents in Britain 
  and all 20 of the largest new homes developers subscribing to list their 
  properties on the Rightmove website.

                         Dec 06      June 07       Dec 07         Incr.% 
                                                                 07 / 06

Estate agent offices     11,239       12,295       12,519           +11%
New homes developments    2,801        3,478        3,880           +39%
Lettings offices          1,800        2,234        2,380           +32%
Overseas customers          423          507          515           +22%

• More than one in five estate agents, lettings agents and new homes developers 
  have chosen to adopt one or more Rightmove Choice products introduced in 2007. 
  This represents the allocation of additional marketing spend to Rightmove in 
  order to raise their profile and generate a higher level of enquiries. Further 
  Rightmove Choice launches in 2008 will further support advertisers in a 
  tougher housing market.

• An increase in price of 30% to approximately 7,000 existing estate agent
  customers from £250 to £325 per office per month has been implemented
  between August 2007 and January 2008. Price rises have also been implemented
  for new homes developers.

• Maintained high retention rates among advertisers of 92% for 2007 (2006: 93%).

• Strong growth from Holiday Lettings Limited, acquired in March 2007, with 
  revenues for the 9 months of approximately £1.5m and operating profit of 

• Net cash balances at 31 December 2007 were £11.7m (2006: £14.8m), after
  spending £19.5m on acquiring 3.29m shares during the period through our share 
  buy-back programme.

• At a Court meeting and EGM on 7 January 2008, shareholders approved the
  proposed scheme of arrangement and capital reduction which will increase the
  distributable reserves of the company by an estimated £500m. The scheme is
  expected to be finalised, subject to Court approvals, by the end of January
  2008. The associated costs of approximately £1.6m will be taken as a
  significant, non-recurring item in the 2007 results.


1. Adjusted figures are stated before share based payments expense, National
   Insurance accruals on share options under issue and the costs associated with
   the scheme of arrangement and capital reduction.


Rightmove: Graham Zacharias (FD)             +44(0)20 7087 0700

Maitland: Neil Bennett / Brian Hudspith      +44(0)20 7379 5151

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