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.

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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.

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We store and use information you provide as follows:

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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 [email protected] in the first instance.

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Foresight Technology (FTV)

  Print      Mail a friend       Annual reports

Friday 02 March, 2001

Foresight Technology

Investment Returns

Foresight Technology VCT PLC
2 March 2001

Foresight Technology VCT Plc

Investment Returns

On  19  February 2001, the company made two announcements
in  relation to its investment in  plc,  a
company that had had its quotation suspended due to  that
company's  directors believing that its reported  numbers
for  registered users, page impressions and revenues  had
been   substantially  overstated.   The   board   of   e-  plc,  together with its external  advisers,
has commenced a full investigation.

In   order   to   provide  information   to   Foresight's
shareholders   in   advance  of  the   outcome   of   the
investigations,  the returns achieved  by  VCF  Partners,
Foresight's  investment advisers, have been  recalculated
excluding the investment in plc.  The Board
believes  that this is the most appropriate  and  prudent
course of action.

The  Ordinary Shares fund of Foresight produced a  return
of  164%  per  annum to 30 September 2000, including  the
current investment in plc, which comprised
a   substantial  part  of  Foresight's  venture   capital

Excluding  the  current investment in  plc
the  Ordinary  Shares fund of Foresight  has  produced  a
return of 95 per cent. per annum to 30 September 2000 and
has  produced a return of 79 per cent. per  annum  to  16
February 2001.  In addition, the combined return for  the
Ordinary  Shares  fund of Foresight and Fleming  Ventures
(another VCF advised fund) was 18 per cent. per annum from
March  1985  to  30 September 2000 and 21 per  cent.  per
annum from March 1985 to 16 February 2001.

No  shares in plc are held by Foresight in
its  'C'  Shares  fund.  On 16 January 2001  the  Company
published  a placing letter in connection with  an  offer
for  subscription of up to 1,000,000 new 'C' Shares  with
'C' Warrants attached on a one for five basis at 100p per
share.  This offer has today been extended until 5  April


a d v e r t i s e m e n t