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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Scottish Power PLC (SPW)

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Monday 23 April, 2007

Scottish Power PLC

Reduction of Capital

Scottish Power PLC
23 April 2007

                        FROM AUSTRALIA, CANADA OR JAPAN

                                                                   23 April 2007


Reduction of Capital confirmed by the Court of Session, Edinburgh, Scotland (the

The Board of Scottish Power plc ("ScottishPower") announces that the reduction
of capital comprised within the Scheme (the "Reduction of Capital") has been
confirmed by the Court, that the Court Order confirming the Reduction of Capital
and a certified copy of the minute of the Reduction of Capital has been
registered by the Registrar of Companies and that the Scheme became effective on
registration of the Court Order.

The listing of the ordinary shares of ScottishPower on the Official List is
expected to be cancelled with effect from the commencement of business on 24
April 2007.

Cash consideration due under the Offer will be despatched by cheque by Iberdrola
(or Iberdrola shall procure such despatch) or settled through CREST, as
appropriate, by 7 May 2007. Settlement of the cash consideration will also
include cash in respect of any fractional entitlements.

We have been informed by Iberdrola that the New Iberdrola Shares are expected to
be issued later today, 23 April 2007 and admitted to trading by the Bolsas de
Valores with effect from 5.35 p.m. (Madrid time) on 24 April 2007. Lloyds TSB
Registrars Corporate Nominee Limited will issue and post statements of ownership
in respect of Iberdrola CDIs representing New Iberdrola Shares to ScottishPower
Shareholders who held their shares in certificated form by 7 May 2007.
ScottishPower Shareholders who have any questions regarding their statement of
ownership may contact Lloyds TSB Registrars Corporate Nominee Limited's
shareholder support service on 0870 600 3999 (from inside the UK) or on +44 121
415 7075 (from outside the UK). Forms enabling Iberdrola CDI holders to transfer
their Iberdrola CDIs out of the Iberdrola Corporate Nominee Facility to another
CREST participant are available on Iberdrola's website at

Changes to the Board announced

The Board of ScottishPower announces that Charles Miller Smith, Philip Bowman,
Simon Lowth, Euan Baird, Donald Brydon, Peter Hickson, Nick Rose and Nancy
Wilgenbusch resigned as Directors of ScottishPower upon the Scheme becoming

The Board proposes to make a further announcement in due course in relation to
the appointment of new directors and their roles on the Board.

Expressions used in this announcement have the same meaning as in the Scheme
Document dated 26 February 2007.

For further information:

Scottish Power plc:
Investor Relations: Peter Durman                           +44 (0) 141 636 4527
Media Relations: Colin McSeveny                            +44 (0) 141 636 4515

Cardew Group. (PR adviser to Scottish Power plc):
Anthony Cardew                                             +44 (0) 20 7930 0777
Rupert Pittman                                             +44 (0) 20 7930 0777

                      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