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 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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Calculus VCT (CLC)

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Tuesday 12 September, 2017

Calculus VCT

Merger Results and Issue of Equity

RNS Number : 5471Q
Calculus VCT PLC
12 September 2017

Calculus VCT plc

Merger Results

12 September 2017

This announcement is made by Calculus VCT plc (the "Company") in connection with the merger of the Company with Neptune-Calculus Income and Growth VCT plc (in liquidation) ("Neptune"), by way of a scheme of reconstruction of Neptune pursuant to Section 110 of the Insolvency Act 1986 and the transfer by Neptune of all of their assets and liabilities to the Company ("Scheme"), details of which were contained in the Company's prospectus and circular to shareholders both dated 4 August 2017.

The board is pleased to advise that the resolution proposed at the second general meeting of Neptune held today was duly passed and accordingly the Scheme has now been implemented and effected. 

By way of implementation of the Scheme, the assets and liabilities of Neptune have been transferred to the Company in consideration for the issue of new ordinary shares of 1p each in the capital of the Company ("Consideration Shares"). The total number of Consideration Shares issued to Neptune shareholders in connection with the Scheme was 2,511,180 at a deemed issue price of 87.66p per share.

Following implementation of the Scheme, the capital of the Company as at 12 September 2017 consists of 11,337,127 ordinary shares of 1p each of which none are held in treasury. The total number of voting rights in the Company is, therefore, 11,337,127 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure, Guidance and Transparency Rules.

Applications have been made for all the Consideration Shares issued pursuant to the Scheme to be admitted to the Official List and to trading on the main market of the London Stock Exchange. It is expected that admission will become effective and that trading will commence on 13 September 2017. CREST accounts are also expected to be credited on 13 September 2017.

As a result of the merger becoming effective, Diane Seymour-Williams will tomorrow be appointed as a non-executive director of the Company. Accordingly, the following information is being disclosed pursuant to section LR 9.6.13 of the Listing Rules.

Diane Seymour-Williams has held the following directorships and/or partnerships in the previous 5 years:


Past 5 Years

Brooks MacDonald Group plc

Witan Pacific Investment Trust plc

Standard Life Private Equity Trust plc

LGM Investments Limited

Gladstone Court (London) Management Limited

Neptune-Calculus Income and Growth VCT plc

There is no further information required to be disclosed pursuant to sections LR 9.6.11, LR 9.6.12 and LR 9.6.13 of the Listing Rules.

Calculus Capital Limited

Company Secretary

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

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