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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Ultima Networks PLC (ONZ)

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Tuesday 31 January, 2012

Ultima Networks PLC

Trading Update

RNS Number : 4379W
Ultima Networks PLC
31 January 2012


Ultima Networks plc

("Ultima" or the "Group")

Trading Update

31st January 2012

Ultima, the IT and Green Technology Company, is pleased to provide an update on trading following the end of its financial year on 31 December 2011.


The Board of Ultima are pleased to announce that it has seen growth in all of its operating divisions during the year ended 31 December 2011 and that it expects to report turnover and net profit ahead of market expectations. The Group operates through three divisions: IT Services, Green technology products and Green power. These divisions are involved respectively in the sale of software to the legal profession, the development and sale of specialist electrical goods and the development of clean power generation through solar installations in Spain, Italy and the United Kingdom.


The IT Services division provides computer application software and related support and other services to small and medium size legal practices in England and Wales. The division operates under the name Cognito Software Limited and during the year launched its latest integrated legal software suite which is marketed under the name "FiLos". The introduction of FILOS marketed alongside the existing software range is expected to attract interest from larger legal practices and spearhead the continued growth in the division's profitability.

The Green technology products division has seen continued growth in its range of electrically powered bicycles marketed under the brand names "Powacycle" and "Infineum". Significant sales growth in continental Europe more than compensated for the difficult market conditions for luxury goods in the UK. The division accounted for 58% of sales in 2011, is expected to increase in 2012 led by the introduction of new models, continued R&D activity and targeted marketing.

The Green power division completed over 500 KW of solar photovoltaic installations throughout the UK during 2011. It has retained ownership of 400 KW for future sale; in the meantime the generating capacity retained by the division will contribute to an increase in recurring revenue received under the "FITS" (Feed in tariff) programme estimated at £120,000 per annum. The installations met the 12th December 2011 deadline (set by the government in order to receive the higher tariff for the 25 year life of the scheme). The division is currently expanding its operations to include the Renewable Heat Installations using Ground Source Heat pumps, where the Feed in Tariff is currently available to commercial organisations and expected to be extended to domestic consumers by October 2012. The investment made into a 100KW solar park in Spain is operating and expected to increase its contribution to the division's revenue during 2012.

The continued investments in new technology  with a strong R&D effort  reinforces the company's focus on achieving growth and profitability through the introduction of new products and continuous attention to the company's competitive position.

Ultima also announces that on 19 September 2011 it transferred its trading platform from SEAQ to SETSqx (Stock Exchange Electronic Trading Service- quotes and crosses). SETSqx combines the existing non-electronic market maker quote with periodic electronic auctions designed to concentrate liquidity. The auctions allow both market makers and non-market makers to enter electronic limit orders and to participate in the auctions.

The Board of Ultima expects to release its results for the year ended 31st December 2011 during May 2012.


Ultima Networks plc 01279 821200

Prof. Humayun Mughal, Chairman and CEO


Allenby Capital Limited (nominated adviser and broker) 0203 328 5656

Nick Athanas

Dan Robinson


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

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