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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Wednesday 22 September, 2004


ITV sells stake in Thomson SA

22 September 2004

Not for distribution in the United States, Canada, Australia or Japan.

22 September 2004

                         ITV sells stake in Thomson SA

ITV has this morning agreed to sell 15.5 million shares in Thomson SA through an
off-exchange block sale before the opening of trading on Euronext Paris.
Citigroup Global Markets Limited and UBS Limited have agreed to purchase
following a competitive process. In accordance with normal market terms, closing
and settlement are expected to take place on 27 September.

In total, the shares constitute approximately 5.5% of the outstanding shares of
Thomson SA. This represents ITV's entire stake in Thomson.

ITV's stake in Thomson originates from Carlton's sale of Technicolor, a
manufacturer and distributor of videocassettes, CDs and DVDs, to Thomson in
2001.  In November 2001 Carlton raised finance by issuing an Exchangeable Bond
for €638.6 million, convertible at the option of bond investors into 15.5m
Thomson shares.  This bond can be put in January 2005 and matures in 2007.  ITV
has entered into bilateral hedging arrangements with Citigroup Global Markets
Limited in respect of the contingent exchange liability associated with the
Exchangeable Bond.

The book value of the stake is £162 million.  The proceeds from the sale will be
primarily used to reduce ITV's debt.

This is the second non-core asset disposal by ITV and follows the sale of
Carlton Books in August 2004.

Commenting, Charles Allen, Chief Executive of ITV said:

'We're delighted to have disposed of our largest non-core asset sooner than
expected at a 5 month high and reduced our borrowings by £172m .  This disposal,
together with the recent sale of Carlton Books and the initial bids we've
received for the Moving Picture Company, means that we are well advanced in
disposing of our non-core assets, restructuring our balance sheet and
significantly reducing our debt.'



Brigitte Trafford - Communications Director
James Tibbitts    - Director of IR - Company Secretary

                                                          Tel 020 7620 1620

Citigate Dewe Rogerson

Jonathan Clare                                            Tel:020 7638 9571
Simon Rigby
Fiona Mulcahy

This press release does not constitute an offer to sell, purchase, exchange or
transfer any securities or a solicitation of any such offer in the United States
or any other jurisdiction. Securities may not be offered or sold in the United
States absent registration or an exemption from registration under US Securities
Act of 1933, as amended, (the 'Securities Act'). Neither ITV nor any other
participant in the transactions described herein intends to register any
securities under the Securities Act or with any securities regulatory authority
of any state or other jurisdiction in the United States in connection with the
proposals described in this announcement.

This communication is directed only at persons who (i) are outside the United
Kingdom or (ii) have professional experience in matters relating to investments
or (iii) are persons falling within Article 49(2)(a) to (d) ('high net worth
companies, unincorporated associations etc') of The Financial Services and
Markets Act 2000 (Financial Promotion) Order 2001 (all such persons together
being referred to as 'relevant persons').  This communication must not be acted
on or relied on by persons who are not relevant persons.  Any investment or
investment activity to which this communication relates is available only to
relevant persons and will be engaged in only with relevant persons.

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

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