In February, Sainsbury's bought out the right to operate the Nectar loyalty programme in the UK from its previous owners for £60m. Sainsbury's began a trial on the Isle of Wight on 12 April and will roll out nationwide if successful. The contract, which lasts until August 2021, will see the FTSE 100 supermarket utilise the technology to offer customers with personalised rewards during a new trialled expansion to its ‘Nectar’ scheme. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds.Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so.Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body.Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services.Obtains access to the information in a personal capacity.I am a private investor* I am not a private investor *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
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