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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Vitesse Media PLC (VIS)

  Print      Mail a friend       Annual reports

Monday 24 November, 2008

Vitesse Media PLC

Trading Up-date, Placing, Res

RNS Number : 7876I
Vitesse Media PLC
24 November 2008

Vitesse Media Plc

Trading Update, Placing, Resignation of Director

Trading Update

  • Revenues for the Q3 trading period from 1 August to 31 October 2008 up 24.6% compared to the same period in 2007

  • Approximately £100k improvement in the bottom line for the quarter compared to the same period in 2007; September and October both showed a profit for the first time in 4 years

  • Strong performances in the period from Business XL, GrowthBusiness, and Information Age

  • What Investment and M & A magazines showed a decline in advertising revenue.


The board of Vitesse Media plc ('the Company') (AIM:VIS), the online, events and publishing group, announces the placing of 1,098,210 ordinary shares at 16p per share in the capital of the Company (the 'Placing Shares') to raise £175,714 (£167,942 net of expenses) ('the Placing'). The Placing Price of 16 pence per Placing Share represents a discount of 15.8 per cent to the closing middle market price of 19 pence per ordinary share on 21 November 2008, being the last business day before announcement of the Placing, which the Directors consider to be fair and reasonable given the size of the Placing. 

The proceeds of the Placing will be used to fund investment into online assets and working capital for the group. The Placing Shares will represent 4.29 per cent. of the enlarged issued share capital of the Company and utilises the existing authority granted to the directors to issue shares. 

As part of the Placing, A.Brode and P.R.T.Williams, non-executive directors of Vitesse, have agreed to subscribe for the following Placing Shares:

                                                               A.Brode        P.R.T.Williams*

No. of Placing Shares                               85,938             358,647

Holding following the                              759,938          8,361,541  


% of enlarged issued 

share capital immediately

following the Placing                                    2.97%            32.66%

* jointly held with E.S.M. Williams

Application has been made for admission of the Placing Shares to trading on AIM and dealings in the shares is expected to commence at 8.00am on 28 November 2008. The Placing Shares will rank pari passu with the existing ordinary shares in the capital of the Company. The Placing is conditional upon the Placing Shares being admitted to trading on AIM. 

Following the placing, the total number of voting rights in the share capital of the company for the purposes of the Disclosure and Transparency Rules will be 25,603,787 ordinary shares of 10 pence each. No shares are held in treasury.

Resignation of director

The board announces the resignation of Chris Ingram as a non-executive director. The board thanks him for the help and guidance he has given the Company during a difficult period and is delighted that Chris intends to remain an active and interested shareholder.

Vitesse Media plc                  
Sara Williams
020 7250 4010
Kym Kingwill
KBC Peel Hunt (nominated adviser and broker)                   
0207 418 8900
Capel Irwin
Daniel Harris
Redleaf Communications
020 7822 0200
Emma Kane / Sanna Lehtinen / Michael Ward

About Vitesse Media Plc

Award-winning, AIM-listed Vitesse Media plc is a multi-platform media business boasting an array of market leading magazines, websites and events. Its focus is on the entrepreneurial sector, with an expert hub of information on AIM. Vitesse's websites include,,, and Its magazine stable includes titles such Business XL, Growth Company Investor, M&A and What Investment. The high-profile Vitesse Events division produces the Quoted Company Awards, Investor All Stars, Growth Cycle Seminars, Media & Money and the Growth Company Investor Show. Every month, Vitesse Media reaches a targeted audience of around 670,000 people, consisting of CEOs, entrepreneurs, professional advisers, venture capitalists and other investors, both institutional and private. 

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