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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Meikles Africa Ld (MIK)

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Tuesday 21 August, 2007

Meikles Africa Ld

Cautionary Statement

Meikles Africa Ld
21 August 2007

                                COMPANY LIMITED

                              CAUTIONARY STATEMENT

Further to the Cautionary Statements issued by Meikles Africa Limited (Meikles),
Kingdom Financial Holdings Limited (Kingdom) and Tanganda Tea Company Limited
(Tanganda) on 31 July 2007, pertaining to a 'Scheme of Arrangement' of the
shareholders of Meikles, Kingdom, Tanganda and Cotton Printers (Private)
Limited, shareholders are advised that negotiations are progressing well.
Professional advisors have been appointed to prepare all documentation required
by shareholders and regulatory authorities.

Assuming that all regulatory requirements are met and that negotiations are
successfully concluded, the intention is that the name of the new consolidated
entity will be Kingdom Meikles Africa Limited (KMAL), the Chairman will be John
Moxon, and the Chief Executive Officer will be Nigel Chanakira.

With the need to keep shareholders informed of the rationale for the proposed
consolidation, and in order to minimize speculation by the media, it can be
disclosed that the following objectives will be achieved as a result of a
successful consolidation:

  • The 'Scheme of Arrangement' will provide the critical mass which will
    allow KMAL to raise international capital.

  • The foreign currency generated by the enlarged Group will be more
    effectively used in projects which will include:

      • The fulfilment of Tanganda's capital investment/expansion plans.
      • The facilitation of Kingdom's regional development.
      • The multi-million  dollar expansion of Victoria Falls Hotel and the
        refashioning of Meikles Hotel.

  • With a Group cash positive position, former Tanganda shareholders will be
    able to enjoy dividends, payment of which has not been possible for some

  • The performance of the enlarged Group will result in efficiencies which
    will reduce costs, motivate expansion and enhance profits to a level higher
    than the sum of the individual components to all stakeholders.

  • The new Group will utilise its enhanced resource base to create synergies
    within the Group treasuries and to strengthen customer and supplier

Court applications to sanction the calling of Scheme meetings will shortly be
made.  Once court sanctions have been granted, 'Scheme of Arrangement' documents
and appropriate notices will be sent to shareholders.

In light of the above, shareholders are advised to exercise caution when dealing
with their shares.  Shareholders will be kept informed on the progress of


A P LANE-MITCHELL              F S MAFUNGA                   S E MAGOMBEDZE

LIMITED                        HOLDINGS LIMITED              COMPANY LIMITED

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

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