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;
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  • 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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Tribal Group PLC (TRB)

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Wednesday 28 January, 2009

Tribal Group PLC

Trading Statement

RNS Number : 3419M
Tribal Group PLC
28 January 2009

Tribal: Trading Update Statement and Investor Presentation

Tribal Group plc ('Tribal' or the 'Group'), the provider of consultancy, support and delivery services to the public sector in the UK and internationallyis providing this trading statement in advance of the preliminary announcement of its results for the year ended 31 December 2008 on 17 March 2009

Our business model continued to prove resilient during the final quarter and we have been pleased by the trading performance across the GroupThe Board reconfirms the guidance given in its Interim Management Statement on 29 October that it is confident the Group will perform in line with its expectations for 2008.

The financial position of the Group remains strong.  Operating cash conversion was in excess of 100% in 2008.  Net debt at the year end was less than £20m. Tribal has committed bank facilities of £40m that run until June 2012.  

We have seen good demand for our services in the past three months and maintained an encouraging level of contract wins.  We have secured significant new business in all of our principal markets in the UK and our international activities have continued to develop well. 

The order book and bidding pipeline remain healthy.  More than 95% of Tribal's business comes from the public sector and we have seen a good flow of opportunitiesparticularly in our key markets of education and health. Whilst the current economic climate will lead to an increased focus on value for money, we expect to see continued demand for our performance improvement, cost reduction and change management services. 

Our business is underpinned by a wide range of support and delivery contracts that gives us a good measure of revenue visibility. Tribal entered the new financial year with approximately 38% of 2009 planned revenue already committed and with total committed income of £139m.  In addition, we continue to see good opportunities for growth across our markets and, at the beginning of January, our identified and qualified sales pipeline stood at £297m, against £168m at the start of 2008.  The Board is therefore confident about Tribal's prospects in 2009

Analyst and investor presentation

Tribal is today hosting a briefing event for analysts and institutional investors focused on the Group's health business at University College London Hospitals' education centre. 

The health sector is an area in which we see excellent growth opportunities, both in the UK and internationally. The briefing will provide analysts and investors with the opportunity to meet the health business management team and learn more about its operations and current market opportunities.  No material new information on Tribal Group will be disclosed. A copy of the presentation will be available today on the Group's website at 12 noon: 





For further information, please contact: 


Tribal Group plc                                                         Telephone: 020 7323 710

Peter Martin, Chief Executive 

Simon Lawton, Group Finance Director 


Maitland                                                                      Telephone: 020 7379 5151 

Anthony Silverman 


Editors' note: 


Tribal provides a range of consultancy, support and delivery services focused on improving the delivery of public services in the UK and internationally. Our core markets are in education, health, housing and regeneration, central government and local government. Tribal employs approximately 2,300 staff and its shares are quoted on the London Stock Exchange (TRB). 


Links: Tribal Group plc website:  

This Statement has been prepared for and is addressed only to our shareholders as a whole and should not be relied on by any other party or for any other purpose. Tribal, its directors, employees, agents or advisers do not accept or assume responsibility to any other person to whom this Statement is shown or into whose hands it may come and any such responsibility or liability is expressly disclaimed. 


This Statement may contain forward-looking statements. Any forward-looking statement has been made by the directors in good faith based on the information available to them up to the time of approval of this Statement and should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying such forward-looking information. To the extent that this Statement contains any statement dealing with any time after the date of its preparation, such statement is merely predictive and speculative as it relates to events and circumstances which are yet to occur and therefore the facts stated and views expressed may change. Tribal undertakes no obligation to update these forward-looking statements.  

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

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