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;
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  • 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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Stobart Group Ltd (STOB)

  Print      Mail a friend       Annual reports

Thursday 30 June, 2011

Stobart Group Ltd

Interim Management Statement and Results of AGM

RNS Number : 4732J
Stobart Group Limited
30 June 2011
 

 

30th June 2011

 

 

STOBART GROUP LIMITED

 

('Stobart' or 'the Group')

 

Interim Management Statement and Results of AGM

 

Stobart Group, one of the UK's leading providers of multimodal transport logistics solutions, is issuing the following Interim Management Statement - covering the period 1st March 2011 to date - to coincide with its Annual General Meeting ('AGM'), which was held today.

 

The Group has made a solid start to the year and, despite market conditions remaining challenging, is trading in line with expectations.

 

The Group has recently reorganised itself into five key operating divisions and has set out on a three year plan to deliver significant value to shareholders.

 

The Transport and Distribution division has enjoyed a good start to the year, but the last month or so has seen retail market volumes fall back, reflecting more volatile demand from retailers. Measures including optimising fleet management and other cost improvements are underway to maintain expected levels of profitability. This month, ahead of schedule, has seen the beginning of the recently won 3 year Multimodal Transport Contract for Tesco at their new 800,000 sq ft Grocery Distribution Centre and Rail Terminal at Daventry including the successful start up of our new Scottish Rail service from the site with a further 4 services planned.

 

In the Estates division, projects are progressing well. Planning permission has been obtained for a 278,000 sq ft chilled distribution centre at Peterborough for a new customer, the development work at London Southend Airport, such as the new terminal building and extended runway remains on course, and construction work on the 131 bedroom hotel will commence shortly.

 

As expected, the Infrastructure and Civil Engineering division is experiencing the effects of lower spend by Network Rail.  However the division continues to add value to the Group by providing valued engineering to developments, in particular at London Southend Airport.

 

The Air division recently announced a ten-year contract with easyJet to base an initial three planes at London Southend Airport, which sees this division well on course to deliver its target of two million passengers per annum. The division will also continue to discuss routes with other additional airlines. The recently completed railway station is scheduled to commence operating on 18th July 2011.

 

The Biomass division is progressing contract discussions with a number of customers.  The pipeline of enquiries is strong and the division remains on course to deliver its target of supplying between three and four million tonnes per annum to the renewable fuels market.

 

Stobart expects to announce its results for the six months to 31 August 2011 on 26 October 2011.

 

Details of voting at Annual General Meeting

 


Votes in favour

Votes at Chairman's discretion

Votes against

Votes withheld

% in favour excl. Discretion and withheld votes

To receive the Company's Annual Accounts and the Directors' Report,
Directors' Remuneration Report and the Auditors' Report.

200,490,660

122,923

22,506

2,500

99.93

To declare a final dividend of 4p per ordinary share.

200,535,266

98,643

1,500

3,180

99.95

To re-elect Alan Kelsey as a Director.

200,158,541

102,457

341,086

36,505

99.76

To re-elect Paul Orchard-Lisle as a Director.

200,125,725

101,166

381,193

30,505

99.74

To re-elect David Beever as a Director.

200,129,004

101,166

365,064

43,355

99.75

To re-elect Jesper Kjaedegaard as a Director.

200,175,694

101,166

331,724

30,005

99.76

To re-elect Michael Kayser as a Director.

 

198,733,846

101,166

501,386

1,302,191

99.05

To re-elect Rodney Baker-Bates as a Director.

191,634,331

102,457

7,582,714

1,319,087

95.51

To re-appoint Ernst & Young LLP as Auditors of the Company.

200,166,710

97,352

361,527

13,000

99.76

To authorise the Directors to fix the Auditors' remuneration.

200,495,561

97,372

29,367

16,289

99.93

To approve the Directors' Remuneration Report.

140,073,336

114,499

58,748,813

1,701,941

69.81

To authorise the Directors to issue shares.

200,036,821

123,522

459,175

19,071

99.70

Disapplication of pre-emption rights.

200,023,433

240,405

250,834

123,917

99.69

 

 

ENDS

 

 

About Stobart Group

Stobart Group is listed on the London Stock Exchange in the FTSE250 (LSE:STOB). Operating from over 40 sites across the UK and Europe, Stobart Group is a UK front-runner in the multimodal logistics, warehousing, civil engineering, rail infrastructure and biomass fuel sectors. At the core of the Group is the Stobart Transport and Distribution division, incorporating Eddie Stobart - the iconic name behind a huge road haulage fleet totalling some 2,250 tractor units and over six million square feet of warehousing. Stobart Estates, Stobart Infrastructure and Civils, Stobart Air and Stobart Biomass divisions complete the Group's corporate structure.

 

www.stobartgroup.co.uk 

 

 

Enquiries:

 

Investors / Media:              

 

Sara Batchelor                                07904 680547


James Andrew                                07772 534 985

 

 

Stobart Group:                              01925 605 400

 

Ben Whawell, Chief Financial Officer                                 

 

Andrew Tinkler, Chief Executive Officer

 

 

 

 

 

 

 


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