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

Bisichi Mining PLC (BISI)

  Print      Mail a friend       Annual reports

Thursday 26 January, 2012

Bisichi Mining PLC

Disposal of 49% Shareholding in Ezimbokodweni M...

26 January 2012

BISICHI MINING PLC ("Bisichi" or the "Company")

New agreement on disposal of 49% Shareholding in Ezimbokodweni Mining (Pty) Ltd

On the 18 January 2012, Bisichi Mining PLC ('Bisichi'), the mining company
with direct coal mining operations in South Africa, announced that the
agreement entered into for the sale of its 49% shareholding in Ezimbokodweni to
Hasty Shelf Trade and Invest 17 (Proprietary) Limited ("HSTI") had lapsed.

The Company is pleased to announce that the parties have entered into a new
agreement on the same terms and conditions as previously announced on 29
November 2011 (copy below), save for the following amendments:

- The deadline for meeting the conditions precedent of the agreement has been
extended to 15 May 2012; and

- The disposal is to be approved by the shareholders of Bisichi in a General
Meeting to be held no later than 7 April 2012.

The Company will update shareholders in due course with further details
relating to the transaction together with the date for the General Meeting
referred to above.

For further information please contact:

Andrew Heller, Bisichi Mining PLC             020 7415 5030   

29 November 2011

BISICHI MINING PLC ("Bisichi" or the "Company")

Disposal of 49% Shareholding in Ezimbokodweni Mining (Pty) Ltd ("Ezimbokodweni")

Bisichi Mining PLC ('Bisichi'),the mining company with direct coal
mining operations in South Africa announces that on 24 June 2011 it disposed of
its 49% shareholding in Ezimbokodweni Mining (Pty) Ltd("Ezimbokodweni")to Hasty
Shelf Trade and Invest 17 (Proprietary) Limited ("HSTI"). Ezimbokodweni has
contracted to purchase the prospecting right in relation to Mineral Area 2 (a
portion of Mineral Area 1) of the farm Geluk 276, Registration Division JS,
Mpumalanga Province, measuring 919.0666 hectares, and the surface rights in
relation to portion 2 of the farm Geluk 276, Registration Division
JS,Mpumalanga Province, measuring 250 hectares, registered under Deed of
transfer number T80810/89 (the "Pegasus" project). The Pegasus project is
currently owned by BHP Billiton Energy Coal South Africa and is an undeveloped
export quality thermal coal deposit, situated 10km from Witbank contiguous to
the Exxaro Inyanda colliery.

The consideration for the sale of the 49% is R54.2million cash payable to

Bisichi Mining PLC, R12.4m of which (plus accrued interest) relates to

repayment of intercompany loans. The sale of the shares is subject to several
conditions precedent including but not limited to:

1. South African Reserve Bank and Exchange Control Approval

2. Ministerial consent from the South African Department of Mineral Resources
in relation to the transfer of the above mentioned prospecting right to

Accordingly, shareholders should note that there is no guarantee that the
transaction will complete. Further information will be provided in due course.

The Company previously recognised the shareholding at a value of £682,000 at 30
June 2011 and recognised a profit/loss of £nil in respect of the six months to
30 June 2011.

Should the transaction complete the proceeds will be used for the further 
development of the company.

The Company also notes that Wescoal Holdings Limited has reported that it has
conditionally acquired the 51% shareholding in Ezimbokodweni not previously
owned by Bisichi. Further details on this transaction can be found at 

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