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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Monday 06 January, 2003

MetaSolv, Inc.

Offer Update

MetaSolv, Inc.
06 January 2003

6 January 2003


Recommended cash offer by Investec Investment Banking on behalf of MetaSolv
Holdings (UK) Limited, a wholly owned subsidiary of MetaSolv, Inc., for
Orchestream Holdings plc

Levels of acceptances and extension of the Offer

MetaSolv Holdings (UK) Limited ('MetaSolv UK') announces that, as at 3.00 p.m.
on 3 January 2003, being the first closing date of the Offer, valid acceptances
of the Offer had been received in respect of a total of 64,180,721 Ordinary
Shares representing approximately 48.7 per cent. of the issued ordinary share
capital of Orchestream Holdings plc ('Orchestream').

Prior to making the Offer, MetaSolv UK received irrevocable undertakings to
accept the Offer from the directors of Orchestream (in relation to themselves,
their immediate families and related trusts) and certain other Orchestream
Shareholders in respect of a total of 44,500,686 Orchestream Ordinary Shares,
representing approximately 33.8 per cent. of the issued ordinary share capital
of Orchestream. As at 3.00 p.m. on 3 January 2003, valid acceptances in respect
of a total of 36,651,212 Ordinary Shares, representing approximately 27.8 per
cent. of the issued ordinary share capital of Orchestream, had been received
pursuant to these undertakings and are included in the valid acceptances above.
The balance of the irrevocable undertakings are expected to be received shortly.

The Offer has been extended for 14 days and will remain open for acceptance
until 3.00 p.m. on 17 January 2003.

Orchestream Shareholders who have not yet accepted the Offer, and wish so to do,
should despatch their Forms of Acceptance as soon as possible.

Save as disclosed above, (a) neither MetaSolv UK nor any person deemed to be
acting in concert with MetaSolv UK for the purpose of the Offer owned or
controlled any Orchestream Ordinary Shares, or any rights over such Orchestream
Ordinary Shares immediately prior to 24 October 2002, being the commencement of
the Offer Period; and (b) neither MetaSolv UK nor any person deemed to be acting
in concert with MetaSolv UK for the purpose of the Offer has acquired or agreed
to acquire any Orchestream Ordinary Shares (or rights over Orchestream Ordinary
Shares) during the Offer Period.

The expressions used in this announcement, unless the context otherwise
requires, bear the same meaning as in the Offer Document dated 12 December 2002.

MetaSolv, Inc. and MetaSolv UK                              +1 972 403 8300

Glenn Etherington, Chief Financial Officer

Investec Investment Banking                                 +44 (0)20 7597 5970

(Financial adviser to MetaSolv, Inc. and MetaSolv UK)

Jagjit Mundi, Managing Director

Lee Aston, Associate Director

The MetaSolv UK Directors and the MetaSolv Directors accept responsibility for
the information contained in this announcement. To the best of the knowledge and
belief of such persons (who have taken all reasonable care to ensure that such
is the case), the information contained herein for which they accept
responsibility is in accordance with the facts and does not omit anything likely
to affect the import of such information.

Investec Investment Banking, a division of Investec Bank (UK) Limited, which is
regulated in the United Kingdom by the Financial Services Authority, is acting
exclusively for MetaSolv and MetaSolv UK and no-one else in connection with the
Offer and will not be responsible to anyone other than MetaSolv and MetaSolv UK
for providing the protections afforded to clients of Investec Investment Banking
or for giving advice in relation to the Offer.

The Offer is not being made, directly or indirectly, in or into the United
States, or by use of the mails, or by any means or instrumentality of interstate
or foreign commerce, or any facility of a national securities exchange, of the
United States (or any area subject to its jurisdiction or any political
subdivision thereof), nor is it being made in Canada, Australia or Japan.
Accordingly, copies of this announcement are not being and must not be mailed or
otherwise distributed or sent in, into or from the United States, Canada,
Australia or Japan and persons receiving this announcement (including
custodians, nominees and trustees) must not distribute or send it in, into or
from the United States, Canada, Australia or Japan.

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

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