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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  Print      Mail a friend       Annual reports

Tuesday 18 May, 2010


Interim Management Statement

Interim Management Statement

The following Interim Management Statement for UTV Media plc covers the period
from the beginning of the Group's current financial year, 1 January 2010, to
the date of this announcement and incorporates the Group's four month trading
period ended 30 April 2010.

During those four months the Group experienced an overall revenue increase of
5% compared to last year. After adjusting for the impact of foreign exchange
and Sport magazine, which was acquired in June 2009, the like for like increase
was 2%.

Other than the information contained in this Interim Management Statement,
there have been no material events or transactions in the period from 1 January
2010 to 18 May 2010 which have affected UTV and its financial position that
have not been previously disclosed.

Trading performance for the fourmonth period ended 30 April 2010 and Outlook by
Business Division

Radio GB

Revenue in our Radio GB division for the four months to the end of April was up
by 8%, based on continuing operations and excluding the contribution from Sport
magazine. This is compared to a market which we believe grew by 5% during the
same period. We anticipate that revenue in this division will grow by 13% in
May and June reflecting better underlying market conditions and the positive
effect of the World Cup. Sport Magazine, which has been profitable in the
period, is also benefiting from these factors.

Radio Ireland

Revenue in our Radio Ireland division declined by 7% in the period to 30 April
compared to last year with sterling translation exchange losses accounting for
2%. The like for like decline in sales was therefore 5%. This negative trend is
continuing but with some improvement in May and June which are expected to be
down by 3% on a like for like basis.


Revenue in the Television division to the end of April increased by 1% with
Dublin sales being down by 13%. Improving market sentiment and the World Cup
should lead to much stronger revenue growth of 19% in May and June.

New Media

The performance of our New Media business in the first four months of 2010 is
in line with that achieved in the same period in 2009. This is expected to
continue in May and June.

Net Debt

Net debt continues to reduce in line with our expectations and we anticipate
that it will continue to decline to 31 December 2010 in line with previous

Summary and Outlook

Airtime bookings continue to be short term thereby offering limited forward
visibility. We are encouraged by the fact that trading in the first half of
2010 is ahead of our expectations, particularly in talkSPORT and Television.
However, we remain cautious about the remainder of the year, due to the
uncertainty surrounding the pace of recovery in the UK and the timing of
recovery in the Republic of Ireland.

For further information contact:

Maitland                                               +44 (0) 20 7379 5151
Rowan Brown

UTV Media plc
John McCann
Group Chief Executive                                  +44 (0) 28 9026 2202

Norman McKeown
Group Finance Director                                 +44 (0) 28 9026 2098

Orla McKibbin
Head of Communications                                 +44 (0) 28 9026 2188

Cautionary Statement

This report contains certain forward-looking statements with regards to the
financial condition and results of the operations of UTV Media plc. These
statements and forecasts involve risk factors which are associated with, but
are not exclusive to, the economic and business circumstances occurring from
time to time in the countries and sectors in which the Group operates. These
forward-looking statements are made only as at the date of this announcement.
Nothing in this announcement should be construed as a profit forecast. Other
than required by law, UTV Media plc undertakes no obligation to update the
forward-looking statements.