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.

 Information  X 
Enter a valid email address

W.H. Ireland Group (WHI)

  Print      Mail a friend

Tuesday 01 April, 2008

W.H. Ireland Group

Holding(s) in Company

W.H. Ireland Group PLC
01 April 2008

                              WH Ireland Group plc

      Significant shareholdings, Director dealings and Directorate changes

WH Ireland Group plc ('WH Ireland' or the 'Company'), the diversified financial
services group with activities in stockbroking and investment management,
corporate finance and independent financial advice, announces that a consortium
led by Lord Marland, Rupert Lowe, David Ross and Andrew Scott (the 'Consortium')
has acquired 1,710,000 ordinary shares of 5p each in the Company ('Ordinary
Shares') at a price of 100p per share, representing 9.94 per cent. of the issued
ordinary share capital of the Company.  These Ordinary Shares have been acquired
from certain Directors of the Company as follows:

                                                          Ordinary Shares
Sir David Trippier        Non-executive Chairman                  240,000
John Lawrence             Non-executive Director                  153,989
Laurie Beevers            Chief Executive                         438,670
David Youngman            Managing Director                       877,341
Total                                                           1,710,000

The following members of the Consortium have undertaken the share purchases set
out below:

                          Ordinary Shares           % Issued share capital
Lord Marland                      550,000                            3.20%
Rupert Lowe                       330,000                            1.92%
David Ross                        550,000                            3.20%
Andrew Scott                      280,000                            1.62%
Total                           1,710,000                            9.94%

In addition, the Company announces that an agreement has been entered into
whereby, subject to receipt of appropriate FSA approvals before 5pm on 30th June
2008, the Consortium will purchase, or procure purchasers for a further minimum
1,070,000 existing Ordinary Shares at a price of 100p per share, including a
further 372,872 Ordinary Shares from Laurie Beevers, David Youngman and their
Associates.  This is contingent on the successful procurement of sellers of such
existing Ordinary Shares at a price of 100p per share.

Subject to and conditional upon this sale and purchase, WH Ireland will issue
new Ordinary Shares at 100p per share such that the Consortium, or persons
procured by it, will acquire a total of 5,080,000 Ordinary Shares (the '
Agreement').  The Agreement, if completed in full, will result in the Consortium
and persons procured by it having a minimum shareholding of 26.05% of the
enlarged issued share capital of the Company.

Following the purchase of Ordinary Shares under the Agreement, the total
shareholding of existing Directors and the Employee Benefit Trust will amount to
3,327,010 Ordinary Shares representing a minimum total shareholding of 19.34%,
plus 2,145,241 share options currently held by existing Directors and employees.

Directorate changes

With effect from 21 April 2008, Sir David Trippier, Non-executive Chairman, and
John Lawrence, a Non-executive Director, will retire from the Board.  The
Company would like to thank both Sir David and John for their services to WH
Ireland over a substantial number of years.

As a condition of the acquisition of a 9.94% shareholding in the Company by the
Consortium and subject to FSA approval, Lord Marland will be appointed as a
Non-executive Director and Rupert Lowe will be appointed as a Non-executive
Director and Chairman of the Company with effect from 21 April 2008.

Lord Jonathan Marland

A founding Board member of Jardine Lloyd Thompson Plc, Lord Marland is Chairman
of Herriot Limited and Janspeed Limited, and a Non-Executive Director of Hunter
Boot Limited, Jubilee Insurance Limited, Insurance Capital Partners Limited and
Clareville Capital Partners LLP.

Rupert Lowe

Mr Lowe was previously a Director of LIFFE (the London International Financial
Futures Exchange) and Chairman of Southampton Leisure Holdings Plc.  Mr Lowe is
currently a Director of Lowe & Oliver Limited and Jubilee Insurance Limited.  Mr
Lowe has gained significant financial services experience with Phillips and Drew
(now part of UBS), Deutsche Bank, Barings and Morgan Grenfell.

Subject to Board and FSA approval and the acquisition of the additional existing
and new Ordinary Shares such that the Consortium will have a minimum 26.05%
shareholding, WH Ireland will appoint a further Non-executive Director from the

Lord Marland commented:

'This is consistent with my strategy of investing with like-minded individuals,
and backing management teams to help them add value to their businesses.'

Business strategy

The Board of WH Ireland believes that its strategy of achieving expansion
through the diversification of profit streams whilst retaining a strong asset
backing will be enhanced by the appointments of these individuals.  They bring
substantial experience and expertise in the Company's current areas of operation
and wider financial services sector, which will be for the future benefit of WH
Ireland and its shareholders.

It is the Board's objective to continue to expand its three current primary
business activities, namely: stockbroking and investment management; corporate
finance and independent financial advice.  The strategy is to grow each activity
in parallel so that each ultimately represents a similar level of importance to
the Company's profitability.  The additional funds will be used to support this
strategy in order to implement continued growth organically, through
acquisitions and via strategic partnerships.  Certain such opportunities are
currently under initial consideration by the Board and shareholders will be
informed of developments as appropriate.

Commenting on the investment, Laurie Beevers, Chief Executive of WH Ireland

'Having seen the Company grow dramatically since David Youngman and I joined in
1995, we are delighted that Lord Marland and Mr Lowe are joining us to take the
business forward to the next stage.  Both have distinguished reputations and
join the Board as major investors committed to supporting and developing the
diversified strategy which we have successfully pursued since our admission to
AIM in 2000.'

In accordance with Schedule Two, paragraph (g), of the AIM Rules, further
details of the Board appointments will be made in due course.

For further information, please contact:-

Laurie Beevers          WH Ireland Group plc                0161 832 6644
Greg Cant               Rothschild                          0161 827 3800
Zoe Biddick             Biddicks                            020 7448 1000

                      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