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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Ulster T.V. PLC (UTV)

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Thursday 23 December, 2004

Ulster T.V. PLC


23 December, 2004

              Ulster Television plc proposed acquisition of LMFM               

Ulster Television plc ('UTV' or the 'UTV Group') announces that it has agreed
to acquire the entire issued share capital of Coderidge Limited ('LMFM'), a
radio broadcasting station based in Drogheda, Co. Louth, Ireland, for a net
consideration of €9.5 million (Stg£6.6 million). The consideration will be paid
by UTV in cash and will be financed through bank facilities.

An application for approval of the acquisition has been submitted to the
Competition Authority. A response from the Competition Authority is expected in
January 2005 and a further announcement will be made by UTV at that time.

LMFM operates an independent local radio station in the Louth/Meath area and is
the most listened to radio station in that area. The coverage area is
immediately to the north of Dublin and has a population of 250,000. With a
market share of 27% for the 12 months to June 2004, LMFM has enjoyed an
impressive market share since it commenced broadcasting in 1989. LMFM was
awarded a renewal of its broadcasting license for another 10 years in September

The acquisition of LMFM represents a further step in the implementation of
UTV's stated strategy to expand its media interests on an all Ireland basis.
Together with the successfully relaunched Q102 in Dublin, the addition of LMFM
in Louth/Meath will further strengthen the position of the UTV Group on the
east coast of Ireland. UTV is an important participant in the Irish radio
market with a strong local focus and a commitment to the development of the
Irish broadcasting market as a whole.

For the 12 months to 31 August 2004, the revenue and operating profit
attributable to the net assets being acquired were €2.1 million (stg£1.5
million) and €0.5 million (stg£0.4 million) respectively.

The directors of UTV believe that LMFM represents another significant
opportunity for the UTV Group with both increased audience and revenue growth
potential at this station enhancing the scope and presence of UTV radio in
local and national markets.

Commenting on the proposed acquisition of LMFM, John McCann, Group Chief
Executive, UTV said:

'We are absolutely delighted to announce our acquisition of LMFM. This is an
important strategic move for UTV which together with our acquisitions of 96&
103FM in Cork, Live95FM in Limerick and Q102 in Dublin, further strengthens our
multi-media offering throughout Ireland. We look forward to working with the
management team of LMFM to build upon the successful radio service they have
established in the Meath/Louth region.'

Commenting on the proposed acquisition of LMFM, Michael Crawley, Chief
Executive, LMFM said:

'The success of the station to date is attributable to the delivery of a first
class local news and information service combined with playing great music. We
believe that UTV will provide the expertise and resources required to further
develop LMFM to the highest standards.'

UTV have received approval in principle for the acquisition from the
Broadcasting Commission of Ireland (the 'BCI') and full approval is expected to
follow shortly.

Goodbody Corporate Finance advised UTV on this acquisition. Merrion Corporate
Finance advised LMFM on the transaction.

For further information contact:

Orla McKibbin

Head of Press and PR


Telephone: 028 9026 2188

Tom Kelly

Managing Director

Stakeholder Communications

Tel: 020 7903 5145



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