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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Xansa PLC (XAN)

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Thursday 13 September, 2007

Xansa PLC

Interim Management Statement

Xansa PLC
13 September 2007

13 September 2007

                    Xansa plc - Interim Management Statement

Ahead of today's Annual General Meeting Xansa plc is publishing its first
Interim Management Statement for the period from 1 May 2007 to 12 September
2007, as required by the UK Listing Authority's Disclosure and Transparency

Current trading update

The current financial year has started well, with revenue for the first quarter
to 31 July 2007 up by 5% compared to the same period last year.

The first quarter has seen Xansa continue with its impressive 100% contract
renewal rate.  Three of Xansa's longest standing clients have renewed their
contracts since the year end.  In May, Tesco continued its 18 year relationship
with Xansa, by extending the contract to provide applications management for a
further three years, with a contract value of £18 million.  In July, Thames
Water extended its 18 year relationship with Xansa, with the renewal of the
metered billing exceptions business process outsourcing contract.  In August,
BT, a client of 20 years and Xansa's foundation finance and accounting (F&A)
outsourcing client in 2002, extended its F&A contract until 2014 in a deal worth
£128 million over six years.  These three renewals with such long-standing
clients are a clear endorsement of Xansa's strategy of building long-term
relationships and a testimony to the hard work and excellent delivery of the
Xansa teams involved.

Financial position

There have been no significant changes in the financial position of the Group
since 30 April 2007.  At 31 July 2007, net debt stood at £30.7 million, as a
result of normal working capital outflows.

Material events and transactions

On 30 July 2007, we announced that agreement had been reached on terms of a
recommended acquisition of Xansa by Steria.  Documents on the Scheme of
Arrangement by Xansa plc, in connection with the recommended acquisition, were
posted to shareholders on 25 August.  The expected timetable of events around
the recommended acquisition are summarised below:

•          18 September 2007: deadline for shareholders to lodge Forms of Proxy
for both the Court meeting and for Xansa's Extraordinary General Meeting (EGM)

•          20 September 2007: first Court meeting to seek the approval of Xansa
Shareholders for the Scheme of Arrangement

•          20 September 2007: an EGM will then be held to consider and, if
thought fit, to pass a special resolution to implement the Scheme of Arrangement

•          12 October 2007: last date for dealing in Xansa shares

•          17 October 2007:  effective date for transaction and cancellation of
listing of Xansa shares


Bill Alexander, Chairman and Acting Chief Executive,  Giles Sanderson, James Melville-Ross
Xansa                                                 Financial Dynamics
Gordon Stuart, Finance Director, Xansa                Tel : + 44 (0)20 7831 3113
Tel : + 44 (0)8702 416181

About Xansa

Xansa is a UK-based outsourcing and technology company that specialises in
delivering business services.

With a 45-year history of sustaining long-term relationships and pioneering
better ways of working, Xansa drives real and long-term cost reductions and
improved business performance. Committed to delivering guaranteed business
outcomes through a combination of technology and process expertise, Xansa gives
clients across the private and public sectors the freedom to do more.

Xansa is listed on the London Stock Exchange (XAN.L) with over 8600 people in
the UK and India. Xansa had revenues in 2007 of £379.7 million.

Further information on Xansa can be found at:

                      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