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”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

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.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

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.

COOKIES

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.

HOW WE USE INFORMATION

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.

ACCESS TO YOUR INFORMATION AND CORRECTION

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.

WHERE WE STORE YOUR PERSONAL DATA

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.

CHANGES TO OUR PRIVACY POLICY

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.

OTHER WEBSITES

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.

CONTACT

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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Teathers Financial (TEA)

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Tuesday 15 September, 2015

Teathers Financial

First broker licence agreement with Shard Capital

RNS Number : 0303Z
Teathers Financial PLC
15 September 2015
 

Teathers Financial Plc / Index: AIM / Epic: TEA / Sector: Investment

15 September 2015

Teathers Financial Plc ('Teathers' or 'the Company')

Investee company enters into its first broker licence agreement with Shard Capital

 

Teathers Financial PLC ('Teathers' or the 'Company'), the AIM listed investment company is pleased to announce that its wholly owned investee company, Teathers Financial Software Limited ('TFSL') has signed its first broker licence agreement ('the Agreement') with FCA regulated Shard Capital Partners LLP ('Shard Capital') to launch the first crowd equity App powered by its proprietary technology platform. 

 

Overview:

·    First commercial agreement to utilise TFSL's proprietary IP and technology

·    Both parties believe the technology has the potential to revolutionise the crowd equity arena for private investors and fund raisers dealing in listed companies

·    The technology enables qualified users to buy shares, across all major mobile platforms, in initial public offerings and placings as well as on-going financial information to track investments and sectoral trends

·    As an FCA regulated entity, Shard Capital will provide the regulatory compliance features and custodial support to users of the App

·    Partnership brings together two parties sharing a commitment to level the playing field for retail investors by offering them institutional offerings at institutional prices

·    Revenue model based on a management fee and revenue sharing agreement

·    TFSL plans to roll out the technology and white labelled Apps on an on-going basis and discussions with additional parties are underway

 

Teathers Executive Chairman Jason Drummond said, "This is a milestone agreement for TFSL.  We have invested significant time and capital in building a mobile solution that delivers a level playing field for private investors in financings while also providing the user with up to date stock, sector and market information.  TFSL's Technology powers an App which is downloadable on all major platforms, providing private investors with equal opportunities through the use of technology.  We are excited to have a signed our first licence agreement with Shard and look forward to a successful relationship."

 

Shard Capital CFO Toby Raincock said, "The Teathers Technology will facilitate the provision of a ground breaking mobile application that supports our on-going commitment to offer retail investors access to institutional offerings, at institutional prices.  We anticipate this application will simplify access to financial markets for a new type of investor and see this as another major step in the development of the regulated investor arena for private individuals." 

 

The Agreement marks the first white label agreement for its technology platform.  This has been developed to power mobile Apps that the Company believes will revolutionise the way in which brokers and fund raisers connect with private investors. 

 

The App, which is free to download from iTunes Connect (Apple), Google Play and Android, will allow Shard Capital to seamlessly offer its fundraising initiatives to its clients.  By grouping private investors together, the platform allows placings and IPOs to be offered on the same terms and at the same discounted price per share as institutional investors typically receive when participating in quoted company placings, all under a FCA regulated environment.  The parties envisage the first App will be launched imminently and further information is available at www.teathers.com.

 

The platform also provides an Investor Channel which showcases video and audio media outputs.  This provides the user with access to insightful information about listed companies and investment topics.  Content includes video and audio interviews from company directors, as well as general educational pieces from sectoral professionals.  The use of video and audio enhances the users' experience by informing them about companies' business strategy and development in an easily digestible format. It also provides companies looking to raise capital with the ability to increase their profile and transparency by enabling users to access this visual information.

 

Additionally, the news service allows the user to add any RSS feed they wish, to enable them to track their stocks or areas of interest.  A selected few news feeds have been carefully chosen to get users started and to gain an understanding of the site's capabilities. 

 

Under the terms of the licence agreement, TFSL has granted Shard Capital a licence for use of the TFSL Technology/software for an initial 12 month period.  Shard Capital have an exclusivity agreement whereby TFSL will not sign any further licensing agreements for 120 calendar days.  In return Shard Capital have agreed to pay a licence fee as well as a monthly royalty fee based on a percentage total of any gross revenues made by Shard Capital from the Apps use.

 

It is anticipated that the Agreement will create a revenue stream for TFSL and will support the Company's main investing activities under its Investing Policy.

 

* * ENDS * *

 

For further information please visit www.teathers.com or contact:

 

Jason Drummond

Teathers Financial Plc

+44 203 021 3466

Toby Raincock

Shard Capital Partners

+44 207 186 9900

Colin Aaronson /

Jamie Barklem

Grant Thornton UK LLP

(Nominated Adviser)

+44 20 7383 5100

Lucy Williams / Duncan Vasey

Peterhouse Corporate Finance

(Broker)

+44 20 7469 0936

Charlotte Heap

Elisabeth Cowell

St Brides Partners Limited

+44 20 7236 1177

 

Notes:

Teathers Financial PLC is focused primarily on the investment in AIM or unquoted companies, joint ventures or individual projects.  The Company is led by highly experienced individuals with proven track records in the growth company arena.  It considers all sectors but is looking for stand out companies, which it believes it can also add value to. 

 

Amongst other investments, the Company has a 100% interest in Teathers Financial Software Ltd, which is looking to revolutionise the crowd equity arena for listed companies and empower private investors.  In essence it has developed proprietary technology to provide brokers and fundraisers with a secure, seamless and innovative platform to connect, offer and manage private investors in Placings and IPOs, crucially on the same terms as institutional investors.  The software, which runs across all major mobile platforms, also encourages ongoing user engagement by providing a real-time gateway for private investors and continual information on their portfolios.  FCA regulated Shard Capital have adopted the technology for the Teathers App to drive private investors to their fundraising initiatives.  The technology is available to be white-labelled to brokers and fundraisers who want to engage further with private individuals who potentially represent a supportive pool of capital.

 

About Shard Capital:

Shard Capital offers a wide range of financial services characterised by traditional values; a discreet service with all the benefits of an internationally respected financial platform.  Its approach is highly personal and exclusively bespoke to suit specific client requirements.  With broad global networks and many years of cross-market experience at leading financial institutions, the team is committed to upholding its reputation for excellence and expertise as investment professionals, by continuing to meet and exceed expectations.  Its unique offering encompasses Professional Investor Services, Institutional Sales, Structured Investments, Stockbroking, Wealth Management, Fund Management and European Power Options.


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