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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Utilico Inv Limited (UTL)

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Friday 20 January, 2012

Utilico Inv Limited

Result of Rollover and Placing

RNS Number : 9154V
Utilico Investments Limited
20 January 2012

For immediate release on 20 January 2012


Utilico Investments Limited ("UIL")

Utilico Finance Limited ("UFL")

(together the "Group")


Result of Rollover Offer and Placing


On 2 December 2011, Utilico Finance Limited, a wholly owned subsidiary of Utilico Investments Limited, published a prospectus containing details of proposals to offer the holders of 2012 ZDP Shares the opportunity to elect to roll part of their investment into a new 2018 ZDP Share issue and arrangements to enable the issue of additional 2014 ZDP Shares, 2016 ZDP Shares and 2018 ZDP Shares.


The Board of UFL is pleased to announce today the result of the Rollover Offer and the initial Placing of 2018 ZDP Shares below.

Rollover Offer


Further to the Rollover Offer, valid elections were received from Eligible Shareholders by the Closing Date in respect of a total of 6,143,391 2012 ZDP Shares (representing approximately 13.5 per cent. of the total number of 2012 ZDP Shares in issue). In accordance with the terms and conditions of the Rollover Offer, UFL has accepted in full all applications made by Eligible Shareholders and, pursuant to the terms of the Rollover Offer, 10,356,448 new 2018 ZDP Shares will be issued, on the basis of each 2012 ZDP Share converting into 1.6858 2018 ZDP Shares.




Following the initial closing of the Placing, UFL has placed 11,893,552 new 2018 ZDP Shares at 100p per share with certain institutional and other investors raising gross proceeds of £11.9m.


Admission and dealings


An application will shortly be made for the 2018 ZDP Shares to be admitted to the Official List and to trading on the London Stock Exchange and dealings are expected to commence at 8.00 a.m. on 26 January 2012. It is anticipated that CREST accounts will be credited (where applicable) on the same day and the 2018 ZDP Shares will trade using the ticker UTLD and under ISIN BMG931261371. New share certificates in respect of the 2018 ZDP Shares and any balancing share certificates in respect of 2012 ZDP Shares will be issued as soon as practicable following admission.


Following admission, the Group's share capital will comprise 99,926,782 Ordinary Shares, 3,587,343 2012 Warrants, 39,342,809 2012 ZDP Shares, 37,500,000 2014 ZDP Shares, 37,500,000 2016 ZDP Shares and 22,250,000 2018 ZDP Shares.


Further Placings


As stated in the announcement made by UFL on 2 December 2011, the Placing is flexible and may have a number of closing dates in order to provide UFL with the ability to issue 2014 ZDP Shares, 2016 ZDP Shares and 2018 ZDP Shares over a period of time. UFL has the ability to complete further placings until the final closing date of 1 December 2012 (or any earlier date on which the Placing is fully subscribed).


Terms used and not defined in this announcement bear the meaning given to them in the Prospectus dated 2 December 2011.




For further information please contact:


ICM Analysis & Research Ltd

Charles Jillings                                                                  01372 271486


Westhouse Securities Limited

Alastair Moreton/Hannah Young                              0207 601 6118










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

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