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 [email protected] in the first instance.

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AdVal Group PLC (ADL)

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Thursday 03 January, 2002

AdVal Group PLC


AdVal Group PLC
3 January 2002


AdVal Group plc announces that it has acquired all of the issued shares in
KeyKnowledge Limited ('KeyKnowledge') not previously owned by it by buying out
FT Knowledge Limited's 10% minority interest in KeyKnowledge for a
consideration of £25,000. As part of that deal, FT Knowledge Limited has also
transferred to KeyKnowledge all the electronic intellectual property rights in
the library of titles that had previously been licensed to KeyKnowledge.

KeyKnowledge sells off-the-shelf e-Learning titles covering a range of
business, human performance and management skills and has invested
significantly in 2001 to create the 'Professional Management Series' of ten
new generation web-based titles and ten associated videos, the first of these
titles having been launched at the end of 2001.

The purchase of the 10% minority interest in KeyKnowledge from FT Knowledge
Limited has eliminated the original joint venture obligation for KeyKnowledge
to pay ongoing annual licence fees of £175,000 in 2002 escalating by £25,000
increments annually until 2007 when a £300,000 payment would have been

Whilst the new deal means that KeyKnowledge will no longer carry the FT
Knowledge brand beyond 30 June 2002, the removal of the Licence costs of the
brand and the original library is considered by the directors to offer
shareholders the best value in light of current trading conditions. This is
especially the case as KeyKnowledge has now become well established and
recognised in the market place as a brand in its own right. The Company
expects to maintain and build the business, from its new cost base, in line
with improving revenues and profitability as the new generation twenty title
Professional Management Series adds critical mass to the existing KeyKnowledge
library, and impacts the market as corporate buying activity in this sector
returns to normal in the medium to long term.

For further information, please contact:

AdVal Group plc                                                   01296 616 700

Dennis Quilter, Chief Executive

Fleet Financial Communications Limited                            020 7601 1066

Sophie Dutton


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