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
  • FEInvest.net
  • 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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Western Selection (WSE)

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Monday 31 October, 2011

Western Selection

Statement re Swallowfield PLC


Date:              31st October 2011                                           
                                                                               
On behalf of:      Western Selection P.L.C. ("the Company" or "Western")       
                                                                               
                   For immediate release                                       

                           Western Selection P.L.C.                            

Western Selection P.L.C. ("Western") (owner of 1,869,149 shares in Swallowfield
representing 16.5%) announces that it will vote against the appointment of Dr.
Martin Hagen to the board of Swallowfield PLC at the AGM of Swallowfield on 3rd
November 2011.

In view of Martin's hugely distinguished and eminent career as an accountant,
auditor, regulator and university administrator, in all of which vocations he
has held positions of high responsibility, the board of Western has decided to
make it clear that this vote is in no way a negative reflection on Martin.
Western wishes to make clear that Martin had Western's full support to fill the
position of Senior Independent Director but unequivocally not in the position
of Chairman. Western has concerns over Martin's lack of experience as a
director in the small cap quoted company sector and his lack of executive
familiarity with the types of complex operational, chemical, marketing and
logistics processes of an aerosol and cosmetic formulation business turning
over £57m. Absent such familiarity, Western believes that Martin will
inevitably be unable to bring to bear the necessary critical, technically
informed and yet constructive engagement with executive management necessary to
improve profitability.

The Swallowfield board had previously indicated that it would seek to confer
with significant shareholders before the appointment of a new Chairman. Western
does not believe that such a process was carried out thoroughly enough.

Western's preferred candidate for the position of Chairman is Mr. Stephen Boyd,
which was communicated to the board of Swallowfield during the recent
appointment process. Stephen is an individual who although not having reached
the pinnacle of any professional body, nevertheless has a first class degree in
Chemical Engineering from Imperial College, and has been an entrepreneur,
promoter and experienced businessman for over thirty years in a wide variety of
listed and private companies. Stephen has had easily verifiable successes (and
failures!) in a number of different business segments which share many aspects
with the challenges facing Swallowfield.

Western believes it more likely that greater value will be created for
Swallowfield shareholders with Stephen as Chairman of Swallowfield.

Western further states that its vote against Martin is in no way designed to
suggest that he would not make a valuable contribution in the position of a
non-executive director. Western has previously suggested that he would be ideal
to chair the audit committee and take on the position of Deputy Chairman.
Notwithstanding these suggestions, which were made after the removal of the
previous Chairman from the office of director by way of shareholder votes at an
Extraordinary General Meeting, and which suggestions were recently repeated,
the Swallowfield board has not felt it necessary to take Western's views into
account. For these reasons Western will be voting against Martin as director
whilst he continues as Chairman and, in the view of Western, a more suitable
candidate is available.

Western also notes with satisfaction the recently announced share purchases by
directors; including 100,000 by Stephen and 31,500 by Martin.

Enquiries to:

Western Selection P.L.C.                     020 7448 8950                     
                                                                               
Edward Beale                                                                   
                                                                               
Loeb Aron & Co. Ltd.                         020 7628 1128                     
                                                                               
Frank Lucas                                                                    

Notes to Editors:

The Company is an investment company and the investment policy is to hold
strategic stakes in a few smaller UK quoted companies and maintain a
diversified portfolio of U.K. and overseas quoted multinational stocks,
together with a few holdings on AIM, PLUS and some unlisted shares. Strategic
Investments are minority positions where the Board seeks to maintain a close
working relationship with the management of the investee. Western is
represented on the boards of three of its four Strategic Investments.