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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Formation Group PLC (FRM)

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Monday 25 January, 2010

Formation Group PLC

Directorate Change

RNS Number : 0324G
Formation Group PLC
25 January 2010

Formation Group PLC

Director Changes and Preliminary Results Announcement

Formation Group PLC (the "Group") has today announced the resignation of John Lawrence, Non-Executive Chairman. For personal reasons, John, who has been with the Group for 10 years, has decided not to seek re-election at the forthcoming Group AGM.

John, who under the terms of his service contract has given 12 months notice of his decision to retire, will remain with the Group whilst the board undertakes a search for his replacement. The board would like to thank John for his immense contribution to the Group over a number of years, in particular his efforts during the Management Buy-Out of certain Group subsidiaries in August last year. 

Commenting John said; "I have decided to scale back my workload and as the Group enters its next phase of evolution following the decision to focus on its property management business, I felt it an appropriate time. I will continue with the Group until we establish a replacement Chairman and would like to thank the Group for a very enjoyable 10  years".

Noel O'Carroll; Interim Chief Executive Office said; "We are saddened by John's decision but understand his reasons and on behalf of the board and staff of the Group, we would like to thank John for his contribution over the years. We wish him well in his retirement."

In addition, the Group also announces the appointment of Mr Desmond Khan (FCCA) as the Group's full time Finance Director and Company Secretary. Desmond, 47 will join the board with immediate effect and is the current finance director of Formation Design & Build Limited, the Group's main trading subsidiary. 

This announcement sets out the disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of that appointment. Desmond is currently a director of the following companies; Columbia Estates Limited, Columbia Estates Managing Agents Ltd, Columbia Rentals Ltd, Columbia House Properties (No.6) Ltd, Mintcove Ltd, Columbia Rentals Property Management Limited, Goldbow Limited, Colbow Limited, Columbia Architectural Design Limited, Formation Architectural Design Limited, Formation Design & Build Limited, Great Banner Limited, Clancy Quay Properties Limited.

Desmond does not hold any shares in the Group. 

There is no other information which needs to be discussed pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies. 

Desmond will also become a director of Formation Asset Management Limited ("FAM"), Formation Wealth Solutions Limited ("FWS") and company secretary for FAM and FWS with immediate effect.  

Finally, the Group's Preliminary Results for the twelve months ending 31 August 2009 will be announced on 1st February. The AGM will take place on 26th February.



Formation Group PLC                         -  Mike Wallwork; 020 7920 7590

NOMAD to Formation Group PLC; Zeus Capital Limited           Ross Andrews;   0161 831 1512

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

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