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.

 Information  X 
Enter a valid email address

Wagon PLC (WAGN)

  Print      Mail a friend

Wednesday 25 October, 2000

Wagon PLC


Wagon PLC
25 October 2000

                   HAWTAL WHITING FOR UP TO GBP8.075 MILLION
Wagon is pleased to announce that an agreement has been reached with the
Administrative Receivers to acquire certain of the assets of the UK business
of Hawtal Whiting Engineering Limited and the issued common stock of Hawtal
Whiting's US subsidiary, Hawtal Whiting, Inc. for an initial consideration of
GBP4.0 million.  In addition, Wagon has agreed to assume approximately GBP3.7
million of external borrowings of Hawtal Whiting, Inc. and to make further
payments to the Administrative Receivers of up to GBP375,000 depending on the
value of the assets transferred.

The activities being acquired provide a comprehensive range of design and
engineering services for automobile manufacturers including Ford and General
Motors and 'tier one' suppliers.  Principal services provided include
structural analysis, styling, testing and development, focused particularly in
the area of body-in-white and door systems engineering.

This acquisition provides Wagon with key design and engineering skills which
complement its existing automotive businesses.  It enables Wagon to offer its
automotive customers in Europe and the USA an integrated design and build
capability.  Wagon intends to further strengthen and develop Hawtal Whiting as
a full service engineering partner.

The assets being acquired generated a turnover of GBP45.5 million and
operating profits before management charges from Hawtal Whiting Holdings PLC
of GBP35,000 (USA: profit of GBP823,000; UK: loss of GBP788,000) in 1999.  The
book values of the net assets acquired, excluding the bank indebtedness to be
assumed amount to approximately GBP8.2 million.  The consideration will be
satisfied from Wagon's existing bank facilities.

Commenting on the acquisition, Nick Brayshaw, Chief Executive of Wagon said:

Hawtal Whiting is a company we know well.  It has an excellent reputation in
the automotive industry for the quality and depth of its engineering skill
base.  The acquisition will significantly enhance our own capabilities,
enabling Wagon to offer a more comprehensive package to our customers.

We intend to continue using the Hawtal Whiting name, to invest in the business
and to develop further the skills and resources required to grow the business.
We believe the acquisition will also provide an excellent opportunity to the
existing customers and employees of Hawtal Whiting.


Wagon plc

Nick Brayshaw, Group Chief Executive              Tel: 0121 717 2000

David Sleath, Group Finance Director              Tel: 0121 717 2000


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