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
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  • 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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Weather Lottery(The) (BOX)

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Thursday 21 April, 2011

Weather Lottery(The)

Issue of Equity

RNS Number : 3438F
Weather Lottery PLC (The)
21 April 2011
 



21 April 2011

 

THE WEATHER LOTTERY PLC

 

 ('The Weather Lottery', 'TWL' or the 'Company')

 

Placing

 

 

The Weather Lottery plc (AIM: TWL) is pleased to announce that it has today placed 34,766,667 new ordinary shares of 0.1p each ("Ordinary Shares") to raise gross proceeds of £169,250 for the Company (the "Placing"), which will be used for working capital purposes, and in particular to settle all outstanding sums due to winners in relation to the matters which have lead to criminal charges being brought against the former Director Mr K Millhench and one other employee, as first announced on 14 January 2011. The Board are satisfied that with these payments, totaling £80,000, that this matter is now concluded.  The balance of the funds raised will provide flexibility to assist with acquisitions and development of existing and new opportunities including five-a-side projects. An application will be made for the new Ordinary Shares, which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM and it is expected that dealings will commence on 28 April 2011.  Following the Placing, the Company's issued share capital will consist of 302,404,738 Ordinary Shares.

 

£105,250 was raised by a placing of 23,388,389 Ordinary Shares at a price of 0.45 pence per share; the remaining £64,000 at a price of 0.5625 pence per share subscribed by the pension funds of Mr and Mrs J Williams, who are currently interested in 41,527,614 shares, or approximately 15.52 per cent. of the Company's existing issued ordinary share capital (prior to the Placing).  In addition to the Placing, John Botros, Company Secretary and previously a substantial shareholder, has given an irrevocable undertaking to subscribe or procure subscribers for shares at 0.5625p to raise £125,000 (one hundred and twenty-five thousand pounds) on or before 19 July 2011.  Mr Botros is currently interested, as trustee for the Second Trinity Trust, in 21,021,112 shares, or 7.85 per cent. of the Company's existing issued ordinary share capital.

 

The gross proceeds of the Placing, together with those that will become available under the irrevocable undertaking, will amount to 294,250 in total.

 

Following the Placing, the pension funds of Mr and Mrs J Williams will be interested in 52,905,392 shares (approximately 17.49 per cent. of the Company's enlarged issued share capital) and SVS Securities plc will be interested in 12,277,778 shares (4.06 per cent.).

 

The directors (all of whom are for these purposes independent), having consulted with the Company's nominated adviser, believe that the terms of the subscription by the pension funds of Mr and Mrs J Williams and of the potential subscription by John Botros, are fair and reasonable insofar as shareholders are concerned.  Mr Williams is a director of the Company's subsidiary, Chameleon Limited and Mr Botros is the Company Secretary for the Company and its subsidiaries.

 

The Weather Lottery's Chairman, Lord Razzall, said:

 

"The Board believes that this further fund raising to provide development capital for the existing business and new acquisitions represents a watershed in the affairs of the Company following the appointment of the new Board a year ago. The Board looks forward to a period of expansion."

 

---ENDS---

For further information contact:

 

The Weather Lottery PLC

Ross White

Website www.theweatherlottery.com

 

01777 818036

Religare Capital Markets (Nomad)

020 7444 0800

Nick Harriss/Peter Trevelyan-Clark

 


SVS Securities (Broker)

020 7638 5600

Ian Callaway/Alex Mattey

 


 


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