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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Prism Rail PLC (PIM)

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Friday 22 September, 2000

Prism Rail PLC

Compulsory Acquisition

Prism Rail PLC
22 September 2000

                         CANADA, AUSTRALIA OR JAPAN

                      ('PRISM RAIL')

On  19  September 2000 the board of National Express announced that the Offer
had  been  declared unconditional in all respects.  The board also  announced
that  National  Express was now entitled to exercise its rights  pursuant  to
sections  428  to  430F  of the Companies Act 1985  (the  'Act')  to  acquire
compulsorily  all  of the outstanding Prism Rail Shares in respect  of  which
valid acceptances have not been received.

Accordingly,  National Express is today posting formal notices under  section
429  of  the  Act to Prism Rail Shareholders who have not yet  accepted  the

National  Express  will procure that Prism Rail applies  to  the  UK  Listing
Authority for Prism Rail Shares to be delisted and for trading in Prism  Rail
Shares  on  the  London  Stock  Exchange to cease.  It  is  anticipated  that
cancellation of Prism Rail's listing on the Official List of the  UK  Listing
Authority will, with the consent of the UK Listing Authority, take effect  on
or  after  Friday 20 October 2000, being at least 20 business days after  the
posting of formal notices under section 429 of the Act.

Terms  defined  in  the Offer Document have the same meaning  in  this  press
release unless the context requires otherwise.

William Rollason, Finance
Helen McCorry,
Communications Manager

Telephone: 020 7529 2000

Mark Preston, Managing

Telephone:  020 7628 1000

Steve Jacobs
Nicola Marsden

Telephone: 020 7831 3113

Merrill Lynch, which is regulated in the United Kingdom by The Securities and
Futures Authority Limited, is acting exclusively for National Express and  no
one  else in connection with the Offer and will not be responsible to  anyone
other  than  National  Express  for providing  the  protections  afforded  to
customers of Merrill Lynch or for giving advice in relation to the Offer.

The Offer will not be made, directly or indirectly, in or into, by use of the
mails  or  any  means  of  instrumentality  (including,  without  limitation,
facsimile  transmissions,  telex  or  telephone)  of  interstate  or  foreign
commerce of, or any facilities of a securities exchange of, the United States
nor  is  it  being made in or into Canada, Australia, or Japan and the  Offer
will not be capable of acceptance by any such use, means, instrumentality  or
facilities or from or within the United States, Canada, Australia  or  Japan.
Accordingly, copies of the press announcement are not being, and must not be,
mailed or otherwise distributed or sent in or into or from the United States,
Canada,  Australia  or  Japan and persons receiving  the  press  announcement
(including custodians, nominees and trustees) must not distribute or send  it
in, into or from the United States, Canada, Australia or Japan.


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