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.

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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.

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We store and use information you provide as follows:

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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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Starvest plc (SVE)

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Wednesday 14 October, 2009

Starvest plc

Investment Performance

14 October 2009

Chairman's update for shareholders - 14 October 2009
Investment performance
I am pleased to report an 11% increase in your Company's asset  value
net of  debt in  the quarter  to 30  September 2009  to make  an  18%
increase for  the year  since the  low point  of 30  September  2008;
conditions in our  chosen investment field  have stabilised a  little
after the shocks of the latter half of 2008.
A year ago, we took a long hard look at the values attributed to  our
investment portfolio as  a result  of which  we wrote  down the  book
values of many, but not all, of our investments by a total of £3.5m.
We  believed  this   to  be  prudent   and  subsequent  events   have
demonstrated this to be so. We expect to announce our audited results
for the year to 30 September 2009, by the end of October when we will
comment in greater detail.
Company statistics

                       30 September     30 June   31 March         30
                               2009        2009       2009  September
                          unaudited                 at BID       2008
                             At BID      At BID     values     at BID
                            values,      values               values,
                           adjusted                          adjusted
Trading portfolio            £4.72m       £4.3m     £4.25m      £3.9m
Company asset value          £4.02m      £3.62m     £3.62m      £3.4m
net of debt
Net asset value -       10.72 pence 10.01 pence      10.01 9.06 pence
fully diluted per                                    pence
Share price - mid       11.75 pence   9.5 pence 6.25 pence     12.25p
Share price premium or           9%          5%        37%        35%
discount to fully           premium    discount   discount    premium
diluted net asset
Market capitalisation         £4.1m      £3.31m     £2.18m     £4.28m

The net asset values at 30 September  2008 and 2009 are based on  bid
prices or the  Directors' valuation,  if lower; the  values at  other
dates are at bid prices.
The Board  continues to  believe  that it  has within  its  portfolio
investments with considerable potential and  is hoping for an  upturn
during 2010, possibly earlier for some.
Shareholders who wish to  receive electronic copies of  announcements
are invited to register their email  address on the home page of  the
Company website:

R Bruce Rowan
Chairman & Chief Executive
13 October 2009

Enquiries to:
Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director
07768 512404; [email protected]

Gerry Beaney or Colin Aaronson Grant Thornton Corporate Finance 020
7383 5100
solely responsible for the content of this announcement.


a d v e r t i s e m e n t