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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Vodafone Group Plc (VOD)

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Monday 01 December, 2003

Vodafone Group Plc

Offer for Vodafone-Panafon

Vodafone Group Plc
01 December 2003

1 December 2003

For Immediate Release - Not for release or distribution in the United States of
America, Canada, Australia or Japan


Following the completion of the purchase from Intracom S.A. of a 9.433% stake in
Vodafone-Panafon Hellenic Telecommunications Company S.A. ('Panafon'), Vodafone
Group Plc ('Vodafone') today announces its decision to launch a public offer for
the remaining outstanding shares which it does not already own directly or
indirectly (the 'Shares') in Panafon (the 'Offer'). Vodafone directly or
indirectly owns approximately 406 million shares in Panafon, representing 74.795
per cent. of the shares and votes in Panafon.

The key terms of the proposed Offer are:

*  The offer price will be EUR 6.18 in cash for each validly tendered Share
   to be satisfied from Vodafone's existing cash resources.

*  The offer price represents a premium of approximately 6.9 per cent.
   compared to Panafon's volume-weighted average closing share price (EUR 5.78)
   during the 12 months prior to 28 November 2003, being the last business day
   prior to Vodafone informing the Hellenic Capital Market Commission ('CMC') of
   its decision to launch the Offer.

*  The Offer will not be subject to the satisfaction of any conditions.

*  Vodafone intends to purchase Shares on the Athens Exchange ('ATHEX') at
   prices of up to EUR 6.18 from 3 December 2003.

*  Subject to reaching 95% or more of the total voting rights in Panafon,
   Vodafone intends to seek the delisting of Panafon shares from ATHEX and the
   London Stock Exchange in accordance with applicable regulations.

The Offer is consistent with Vodafone's stated strategy of selectively
increasing its stakes in existing operations where opportunities arise for the
creation of enhanced shareholder value.

An information circular in Greek (the 'Information Circular') detailing the
Offer has been submitted to the CMC for approval. The Information Circular will
be made available for distribution to the holders of Shares following its
approval by the CMC at which time the acceptance period will begin. Details in
connection with the distribution of the approved Information Circular and the
determination of the acceptance period will be announced in the Official List of
ATHEX and the Greek, UK and German press. Alpha Bank is acting as Tender Agent
on behalf of Vodafone in relation to the Offer.

                                        - ends -

For further information:

Vodafone Group
Tim Brown
Tel: +44 (0) 1635 673310

Investor Relations
Melissa Stimpson
Darren Jones
Tel: +44 (0) 1635 673310

Media Relations
Bobby Leach
Ben Padovan
Tel: +44 (0) 1635 673310

Goldman Sachs International
Simon Dingemans
Tel: +44 (0) 20 7774 1000

The Offer will not be made, directly or indirectly, in or into the United States
of America, Canada, Australia or Japan, and copies of this document and any
future related materials are not being and may not be mailed or otherwise
distributed or sent in or into the United States of America, Canada, Australia
or Japan.
The Offer will furthermore not be directed to persons whose participation in the
offering requires that further offer documents are issued or that registration
or other measures are taken, other than those required under Greek law. No
document relating to the Offer may be distributed in or into any country where
such distribution or offering requires any of the aforementioned measures to be
taken or would be in conflict with any law or regulation of such a country.

Goldman Sachs International is acting as financial adviser for Vodafone Group
Plc and no one else in connection with the Offer and will not be responsible to
anyone other than Vodafone Group Plc for providing the protections afforded to
clients of Goldman Sachs International or for providing advice in relation to
the Offer.

This announcement has been issued by Vodafone Group Plc and is the sole
responsibility of Vodafone Group Plc and has been approved solely for the
purposes of Section 21 of the Financial Services and Markets Act 2000 by Goldman
Sachs International.

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

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