Member Info for laserbill

sorry wrong board

got these in my ISA

Innovation Group PLC Interim Management Statement RNS Number : 2225B Innovation Group PLC 15 February 2011  15 February 2011 The Innovation Group plc ("Innovation Group" or the "Group") Interim Management Statement The Innovation Group plc (LSE: TIG.L), a global provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries today publishes its Interim Management Statement for the period from 1 October 2010 to date, in accordance with DTR 4.3 of the FSA Handbook. The Board is pleased with the trading performance seen since the start of the financial year, benefiting from and building upon the Company's successful transition last year to a more predictable, business process outsourcing ("BPO") based revenue and profit platform. Year-on-year revenue growth is in line with our Group plan, with revenue from BPO activities continuing to represent 87% of the total. Operating cash flow was strong and the conversion rate of EBITDA to cash is currently ahead of our expectation. The Group continues to run several sizeable proofs of concept in all major geographies. All of these are progressing well and the Board is confident of a good conversion rate to full-term contracts in the coming months. Customer retention remains good and during the period the Group secured several wins in the UK, US and Australia as well as renewing a contract with its largest client in Spain. As previously announced the Group has, during the period, made two small acquisitions for a maximum total cash consideration of £3.5m. The first, Wintec, is a leading franchised windscreen repair network with over 250 mobile and fixed repair centres operating across Germany. The second, an acquisition in South Africa of TJH Financial Services, is an insurance administrator, providing underwriting administration as well as policy administration and claims handling services for insurers and brokers. Both of these acquisitions complement and broaden the Group's existing range of outsourcing services. The Group's development programmes for Insurer Claims, Policy, Analytics and BPO (Enterprise) remain on track with the new version of our claims software product, Insurer 7.0, having been launched internally, on time and to budget, in January. We are pleased by the initial feedback from industry analysts and are encouraged with the pipeline which is now starting to emerge in the US, UK and Australia. Although the sales cycle for product sales remains long, over time, we expect revenue for this product to build in 2012 and beyond. The Board is pleased that, as achieved in the second half of the last financial year, all regions continue operating profitably into 2011 and the Board remains confident in the Group's ability to meet its expectations for the current year.

"This is an exciting opportunity for us in the South African market and we are delighted to announce these three important contract agreements. Service and maintenance plans in the motor sector have been very profitable for our South African business and this initiative allows us to move the same model, expertise and reputation that we have built here into a new vertical market."

Tuesday 15 February, 2011 Innovation Group PLC South Africa Contract Wins RNS Number : 2226B Innovation Group PLC 15 February 2011  RNS REACH 15 February 2011 The Innovation Group ("Innovation" or the "Group") South Africa Contract Wins - Three BPO-based contracts provide Innovation with access to new market vertical - The Innovation Group plc (LSE: TIG.L), is pleased to announce that its South African business has signed three new important BPO-based contracts. The contracts, which build upon the South African business' strength in managing the maintenance and implementation of motor repairs, provide the Group with a solid entry point into the property market: a new vertical for the Group in this country. Taken together, the contracts will see Innovation Group apply its outsourced service expertise to the installation, service and maintenance of solar powered water heaters on behalf of three South African organisations. These organisations are supporting a strategic South African Government initiative to install one million solar powered water heaters across the country over the next five years in order to reduce the strain currently placed on traditional power supplies. In each case, the Group will manage and administer both the installation of the solar powered water heaters as well as the ongoing service and maintenance plans for the equipment. The three organisations that Innovation has contracted with are: · Investec Bank, which will initially pilot the equipment with its South Africa based staff followed by outreach to its customers; · a leading South African furniture retail chain with over 1200 stores nationwide, with which the Group has entered in to a rolling agreement consisting of a six week pilot-period followed by a national roll-out; · and ETA: a subsidiary of the Central Energy Fund of the Government of the Republic of South Africa, which has commenced a pilot of 500 solar powered water heaters on Nelson Mandela Bay. Once this pilot is complete, a 250,000 unit roll-out is expected to take place over a period of three years. The contracts with both Investec Bank and ETA are the result of initial introductions from the Group's Black Economic Empowerment partner. As the details of these three agreements illustrate, there are several different routes and timings to market for these services. As such, it is difficult to predict with accuracy the volume levels that will accompany these agreements. However, once initial volumes ramp up, the Group expects the three contracts to be making a significant contribution to the revenue of the South African business from FY 2012. Welcoming the contract agreements Andy Roberts, Chief Executive Officer of The Innovation Group commented: "This is an exciting opportunity for us in the Sout

2 Open Offer Shares for every 17 Existing Ordinary Shares Qualifying Shareholders may also apply, under the Excess Application Facility, for any whole number of Excess Shares in excess of their Basic Entitlements up to a maximum number of Excess Shares equal to approximately 0.06 times the number of Existing Shares registered in their name on the Record Date. Applications under the Excess Application Facility may be allocated in such manner as the Directors determine, in their absolute discretion.

The Board of The Innovation Group plc ("Innovation" or the "Company") announces today that it is proposing to raise approximately £21.0 million by way of a Firm Placing and Placing and Open Offer of new Ordinary Shares. * £12.6 million will be raised, before expenses, through a Firm Placing of 126,000,000 new Ordinary Shares at 10 pence per Firm Placed Share; and * £8.4 million will be raised, before expenses, through a Placing and Open Offer of 84,019,700 new Ordinary Shares at 10 pence per Open Offer Share.

http://www.investegate.co.uk/Article.aspx?id=200912040701045810D

http://www.investegate.co.uk/Article.aspx?id=200911050701500089C

http://www.investegate.co.uk/Article.aspx?id=200910230700092762B

if the world has weathered the economic storm and is poised for growth then the future for diamonds is very bright. In recent years, there has been almost no exploration success, apart from the Botswana discovery by African Diamonds. Mines deplete. Most analysts agree that there will be a supply deficit of gem quality diamonds in the coming years. This impending shortage is the opportunity for WAD. We are a producer of high quality stones. We have known reserves, we are experienced in the industry, but we are too small. Investors, particularly institutional investors, rarely invest in small market capitalisation companies. Therefore, the future strategy for WAD is to grow by mergers and acquisition, while continuing to develop our own reserves. Toward that end, we were in discussions with a number of other companies. These early discussions came to nothing. However, discussions of this nature continue and I am hopeful that a good result will come from these talks. If positive, it would be a step toward building an independent gem quality diamond producer, founded and focussed in developing high grade and high value diamond resources in West Africa.

21st October 2009 West African Diamonds plc Preliminary Results for Year Ended 30 April 2009 In a period of global economic turbulence, exacerbated by political instability, it is pleasing to be able to report significant progress in the development of West African Diamonds (WAD). Recent highlights include: * The start up of our Bomboko alluvial diamond mine in Guinea and the subsequent decision to expand capacity; * Initial diamond production of 433 carats at a value of $116 per carat; * A joint venture on our kimberlite pipe and dyke system in the Koidu area of Sierra Leone. This ensures rapid exploration and development, if justified; * An agreement with local management in Sierra Leone whereby they have taken over ownership of the non-core mining lease over Plant 11 in Koidu. They are in the process of reopening the diamond recovery plant. WAD has a 5% net royalty on production; and * A rapid recovery in diamond prices after a catastrophic fall in 2007/2008. The price recovery is most notable in the size and quality range produced in West Africa.

http://www.investegate.co.uk/Article.aspx?id=200910210700041048B

I have this in my ISA

RNS Number : 8794A Innovation Group PLC 16 October 2009  16 October 2009 Innovation Group plc Multi year Contract signed with UK Mutual Financial Services Organisation Innovation Group plc ('Innovation Group') (LSE: TIG.L), is pleased to announce the signing of a three year contract totalling £3.6m with one of the UK's largest friendly societies and mutual financial services providers. The contract covers a range of IT services including hosting that will be provided out of Innovation Group's UK data centres. The contract starts in October 2009 with revenue recognisable over the contract period. Welcoming the contract win Hassan Sadiq, Innovation Group Chief Executive Officer commented: "This new contract demonstrates that the breadth and depth of our technology and service offerings are increasingly attractive to leading organisations in the insurance sector."

http://www.investegate.co.uk/Article.aspx?id=200910160700048794A

cheers guys

first price at open was 11.75 should have taken it oh well

should i wait or jump in Thanks for dashing over loftya

11.75