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:

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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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BNY Mellon Liquidity (IRSH)

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Thursday 18 May, 2017

BNY Mellon Liquidity

Results of Annual General Meeting

RNS Number : 5766F
BNY Mellon Liquidity Funds
18 May 2017



For Immediate Release                                                                                18 May, 2017


BNY Mellon Liquidity Funds plc

(the "Company")


Re: Results of Annual General Meeting


The Directors of the Company wish to announce that, the resolutions as detailed in the circular sent to shareholders dated 24 April, 2017, were passed at the Annual General Meeting of the Company held on 18 May, 2017.


These resolutions included the below amendment to the articles


(a)      Maintenance of a Stable NAV per Share


Changes related to the Discretionary Repurchase Power


Article 18 (b) shall be deleted and replaced with the following (the text being deleted is shown but struck through for ease of reference):


"The Net Asset Value of each Fund is expressed in the denominated currency for each Fund.  The Directors are entitled to determine what method of valuation set out in these Articles should be used in respect of each Fund.  The method of valuation used with respect to each Fund is set forth in that Fund's Supplement.


In the case of a Fund which is a money market fund, the Directors may use the amortised cost method of valuation provided such Fund complies with the Central Bank's requirements for money market sub-funds and where a review of the amortised cost valuation vis-á-vis market valuation will be carried out in accordance with the Central Bank's guidelines. In the case of non-money market Funds the Directors may value money market instruments on an amortised cost basis, in accordance with the Central Bank's requirements.


Each Fund which uses the amortised cost method of valuation seeks to maintain, in respect of certain classes, a stable net asset value per Participating Share at one unit of the relevant Base Currency by using the amortised cost method of valuation and by declaring dividends on a daily or less frequent basis. There can be no assurance that the relevant Fund, by following these procedures, will be successful in maintaining a stable net asset value per relevant Participating Share. In such circumstances, the Directors shall be entitled to take the following actions in seeking to maintain a stable net asset value per Participating Share:


(i)      reduce or suspend the declaration or payment of dividends, make no declaration of dividend or declare the shortfall per Participating Share on a daily or less frequent basis in respect of the relevant Fund or class. Such shortfall, on a daily or less frequent basis, shall be such amount as shall be necessary to maintain a stable Net Asset Value per relevant Participating Share taking into account the agreed fees of the Manager (after any fee waivers offered by the Manager). The shortfall per relevant Participating Share shall be a debt due by the holder of that Participating Share to the Company to be satisfied through the redemption mechanism described in (ii) below; and


(ii)       if required to give effect to (i) above and upon such Shareholder's instruction, redeem equally such number of Participating Shares held by each Shareholder in the relevant class required to cover the declared shortfall per Participating Share and as necessary to maintain a stable Net Asset Value of that class."





Paul Boland

+353 1 614 3378




This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange


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

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