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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Phorm Inc (PHRM)

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Monday 01 December, 2008

Phorm Inc

Phorm Announces Board Changes

RNS Number : 2435J
Phorm Inc
01 December 2008

Phorm, Inc. ('Phorm' or the 'Company')

Phorm Announces Board Changes 

Phorm (AIM: PHRM and PHRX), the advertising technology company, announces the following changes to the Company's Board:

Norman Lamont is appointed to the Board as a Non-Executive Director. Mr. Lamont was a Cabinet Minister under both Margaret Thatcher and John Major, served as Chancellor of the Exchequer from 1990 to 1993 and was a member of the House of Commons for twenty-five years.

Kip Meek, currently Chairman of the Broadband Stakeholders Group and of Ingenious Consulting Network, joins the Board as a Non-Executive Director. From 2003 until 2007, he was an Executive Board member of Ofcom. Mr. Meek was previously Managing Director of Spectrum Strategy Consultants and Partner at Coopers & Lybrand, where he led the Media and Telecoms practice.

Stefan Allesch-Taylor, Chief Executive of Fairfax, an international, independent investment bank, is appointed a Non-Executive Director on the Board. As one of the founders of Fairfax, he has a strong business background and considerable AIM market experience.

Stephen Partridge-Hicks is appointed to the Board as a Non-Executive Director. Mr. Partridge-Hicks is the co-founder and Managing Director of Gordian Knot, an FSA regulated investment management company registered in England. Prior to establishing Gordian Knot and Sigma Finance Corporation, a $57 billion investment fund, he worked at Citibank in London. He has extensive knowledge and experience within the financial sector in the UK.

Steven Heyer, David Dorman, Christopher Lawrence and Virasb Vahidi will step down from the Board with immediate effect.  Virasb Vahidi, Chief Operating Officer, will also leave the Company with immediate effect.

Messrs. Heyer, Dorman, Lawrence and Vahidi will take this action as a result of differences with Mr. Ertugrul as to the management and future direction of the Company.

Kent Ertugrul, CEO of Phorm, commented:  'I would like to thank Steve, Dave, Chris and Virasb for the important contributions they have made to Phorm's development.  Their skills, experience and contacts have been immensely valuable and have been instrumental in the great strides we have made in developing the Company's strategy and building relationships with ISPs, advertisers and publishers.

'Meanwhile, I welcome Lord Lamont, Kip, Stefan and Stephen to the Board. They bring extensive experience on government, business, regulatory matters and financial markets. As we move into the next phase of our development, the priority will be to build momentum in the rollout of our strategy.  The new Board members that we are announcing today will play an important role in helping us to achieve the Company's goals.'

Save as set out in the Appendix, there are no further details in relation to the above appointments which require disclosure under paragraph (g) of Schedule 2 to the AIM Rules.


For Phorm Enquiries: 

Investor Relations                              +44 (0) 207 297 2067

Brunswick Group

Craig Breheny                                    +44 (0) 20 7404 5959
Azhar Khan

Citigate Dewe Rogerson                +44 (0) 20 7638 9571

Simon Rigby

Justin Griffiths

Canaccord Adams Limited              +44 (0) 20 7050 6500 

(Nominated Adviser) 

Mark Williams 

Andrew Chubb 

About Phorm: 

Phorm is an innovative technology company specialising in delivering behaviourally and contextually targeted advertising while preserving users' personal privacy and security.

Phorm's partners include leading Internet Service Providers (ISPs), Publishers, Ad Networks and Advertisers.

Phorm is a Delaware corporation with offices in New YorkLondon and Moscow. The Company was admitted to the AIM market of the London Stock Exchange in 2004 and has over 100 employees.

For more information, please visit:


Information provided in accordance with paragraph g of Schedule 2 to the AIM rules:

  1. Details of full name, age, previous names:

  Full Name: Stefan Paul Allesch-Taylor

  Age: 39


2. Names of all companies and partnerships of which the director has been a director or partner at any time in the previous five years, indicating whether or not the director is still a director or partner

  Powderblue Pictures Ltd present 

  Fairfax I.S. PLC (formerly Fairfax I.S. management Ltd) - present 

  Fairfax Group Ltd present 

  Fairfax Capital Ltd present 

  Tactica Fund PCC PLC present 

  Tactica Fund Management Ltd present 

  Fairfax Investment Management Limited - present 

  Develica Management Ltd - Resigned: 30/06/05 

  Accsys Technologies PLC - Resigned: 09/05/07

  Savoy Asset Management Ltd - Resigned: 10/04/06 

  Library of Life (Europe) Ltd - Resigned: 28/01/04

  Tactica Advisory (UK) Ltd - Resigned: 17/09/08 

  *Medicsight Inc - Resigned: 08/12/03

  1. Details of full name, age, previous names

  Full Name: Richard Stephen Partridge-Hicks ('Stephen Partridge-Hicks')

  Age: 51

  Previous name: Richard Stephen Hicks

2. Names of all companies and partnerships of which the director has been a director or partner at any time in the previous five years, indicating whether or not the director is still a director or partner:

  Gordian Knot Limited

  Sigma Finance Corporation

  1. Details of full name, age, previous names

  Full Name: Norman Stewart Hughson Lamont (The Right Hon. Lord Lamont of Lerwick)

  Age: 66

2. Names of all companies and partnerships of which the director has been a director or partner at any time in the previous five years, indicating whether or not the director is still a director or partner:

  Balli Group plc - present

  Compagnie internationale de participations bancaires et financiers SA (CIPAF) - present

  RAB Capital plc - present

  Jupiter Second Split - present

  Jupiter Adria - present

  Small Companies Dividend Trust PLC - present

  Pantin Hotels Management Ltd - present

  Jupiter Off-shore Portfolio Fund Limited - present

  Union Resources Limited - present

  Banca Commerciala RobankRomania - Resigned: 2005

  European Growth & Income Trust - Resigned: 2005

  Jupiter Finance and Income Trust - Resigned: 2005

  East European Food Fund - Resigned: 2005

  Galileo plc - Resigned: 2005

  Scottish Re Group Limited - Resigned: 2007

  1. Details of full name, age, previous names

  Full Name: Kingsley John Neville Meek ('Kip')

  Age: 53

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

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