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Commenting today, Jeff Chatfield, Chairman of Avation Plc said "The number of aircraft supplied to Skywest as part of the ARAN agreement continues to grow and this has a an immediate impact on the company's revenues and profits which increase accordingly. Currently we have a further eight firm orders for ATR 72-600 aircraft with eight more under option."

Eighth ATR Aircraft Avation Plc (AVAP) the aircraft leasing company is pleased to announce that it has taken delivery of a further ATR72-600 aircraft to be added to the growing fleet being operated by Skywest Airlines in Australia. This is the eighth aircraft to be supplied to Skywest by Avation as part of the Australian Regional Airline Network (ARAN) agreement.

http://www.investegate.co.uk/Article.aspx?id=20120907070017M2932

Valuation: RTLS adoption key to upside In our view, the market is valuing Ubisense’s two businesses in line with their relevant markets on an EV/Sales basis. Key to driving upside will be evidence that the RTLS business is winning contracts with new and existing customers and hence growing faster than the market. Considering the size of the available market, we believe this is possible and could drive the share price above 245p.

http://www.edisoninvestmentresearch.co.uk/researchreports/Ubisense070912update.pdf

Valuation: Heavily discounted Empresaria’s rating reflects a combination of discount factors. Firstly, that stocks with smaller market capitalisations are priced at roughly half the levels of the larger quoted stocks in the sector. Secondly, that the group suffered from considerable uncertainty last year due to the inability to quantify one-off and ongoing costs relating to the German situation. While the latter issue has been substantively resolved, this further disappointment may continue to delay the closing of the discount.

http://www.edisoninvestmentresearch.co.uk/researchreports/Empresaria070912update.pdf

Not too much pain so far

Commenting on the Acquisition, Entertainment One's Group Chief Executive Officer, Darren Throop said: "The combination of Entertainment One and Alliance creates a market leading film distribution business which alongside our Television and Family divisions will deliver a strong strategic platform for long term growth. As a result of the acquisition, Entertainment One will be a more competitive business in each of the geographic markets that we serve, allowing us to act as a more valuable partner for content producers and expanding the quality and depth of the content that we offer to our customers. I am extremely excited by the opportunities available to us to grow the Enlarged Group and we look forward to representing the very best in independent film across all of our markets. This acquisition means that Entertainment One is better positioned than ever to generate significant value for shareholders."

ENTERTAINMENT ONE LTD. ("Entertainment One" or the "Company") PROPOSED ACQUISITION OF ALLIANCE FILMS HOLDINGS, INC. ("Alliance"), PLACING AND NOTICE OF SPECIAL MEETING Today the Board of Entertainment One announces that it has entered into an agreement to acquire Alliance, a leading independent distributor of filmed entertainment products in Canada, the United Kingdom and Spain, from affiliates of the Goldman Sachs Group Inc. and Investissement Québec for approximately CAD$225 million, comprising CAD$174.2 million payable in cash to the Sellers on Completion and the balance representing the pay down of net debt as at Completion1. Highlights: · The combination of Entertainment One and Alliance will establish the Company as the largest independent film distributor in each of the Canadian and UK markets. The Directors believe that the Acquisition will strengthen Entertainment One's existing film distribution business and help drive growth. · Alliance and Entertainment One operate in geographies that are highly complementary and the Enlarged Group will have an international reach across Canada, the United Kingdom, Benelux, Australia, the United States and Spain. · Alliance's film library includes some of the most commercially successful independently produced titles of the last twenty years, including Pulp Fiction, Good Will Hunting, Lord of the Rings, The King's Speech and The Hunger Games. The Enlarged Group will benefit from a combined library of more than 35,000 film and television titles. · The Enlarged Group will have increased access to the most successful independent film studios through output agreements in Canada including with The Weinstein Company, Focus Features and Relativity. · The Acquisition will enhance long-term growth potential through a combined investment in content of over approximately CAD$225 million per year. · The Directors believe that the Acquisition will deliver estimated annualised pre-tax cost synergies of at least CAD$20 million (by the third anniversary of Completion), driving substantial enhancement of Entertainment One's earnings per share2. The Company intends to fund the Acquisition and associated expenses through a combination of the proceeds received from the Placing of approximately £110 million (approximately CAD$175.7 million) and CAD$150 million of

http://www.investegate.co.uk/Article.aspx?id=201209070743157422L

Ageas UK and Groupama announce exclusive discus... Ageas UK and Groupama SA today announced that they are in exclusive discussions regarding the sale of Groupama's UK Non-Life Insurance business. This excludes Groupama's UK broking operations. The exclusivity is granted for a period of approximatively 4 weeks. Both parties will refrain from any further comment until the discussions have been concluded. Groupama Insurances offers a range of car, motorcycle, home, travel, personal accident and commercial insurance in the UK with Gross Written Premium reaching GBP 408 million (EUR 490 million)[1]as at 31.12.2011.

http://www.investegate.co.uk/Article.aspx?id=20120907073136H9436

Russell Clements, Chief Executive, commented: "The Group has traded satisfactorily in the third quarter, given the difficult macro economic backdrop. Understandably, this was reflected in a slowing of the rate of growth in gross profit in Q3 versus Q2 but nonetheless gross profit in Q3 was 6% ahead of the same period last year. Once again we performed robustly in terms of the value of the business written up, both in terms of average permanent fees and contract day rates. "Demand in sectors such as Energy & Resources and Pharmaceuticals & Biotechnology remained strong and these businesses continued to increase their contribution to the Group result. We were particularly pleased with the performance of our contract division which, as expected, performed more resiliently than permanent in the more uncertain economic environment. Given that contract makes up half of the Group's business, this positions us well to optimise our performance against current market conditions, as does the fact that 65% of the business is generated outside of the UK&I. "Our balance sheet remains strong, and we are a cash generative, debt-free business. This strength allows us to continue to make selective investments for the future whilst remaining committed to maintaining our strong track record in terms of our dividend." SThree is hosting an analyst conference call today at 0830 BST. The details are as follows:

Contract performed encouragingly in the period, with strong growth in gross profit in Europe (+12%) and Rest of World (+94%), offsetting a small decline of 2% in UK. The number of contract runners at the end of Q3 was up 7% versus the start of 2012. This compares to an increase of 3% at the end of Q3 2011, indicating a stronger seasonal recovery and run rate into the final quarter of this year. Average permanent placement fees for the quarter grew robustly year on year, despite continuing weakness in the global banking and finance market which typically generates higher than average fees. Particularly strong performances were seen from Energy & Resources and Pharmaceuticals & Biotechnology. Average contractor gross profit per day rates remained strong during the period. Group sales headcount at 26 August 2012 was down 6% versus the year end, and level year on year. UK sales headcount was down 16% versus year end and down 17% year on year. Non-UK sales headcount was level versus year end and up 10% year on year. Average sales headcount in the quarter was up 4% year on year. The permanent deal pipeline at the period end was broadly level year on year (Q2 period end: level) and sequentially up 6% versus Q2 period end. The Group finished the quarter with 64 offices in 18 countries, of which 42 were outside the UK. Non UK&I now represents 65% of gross profit (2011: 62%).

Interim Management Statement SThree plc ("SThree" or the "Group"), the international specialist staffing business, is today issuing an Interim Management Statement for the period from 27 May 2012 to date. The financial data relates to the three month period ending 26 August 2012, being the third quarter of the financial year ending 25 November 2012. Highlights: · Group gross profit up 6%* year on year · Contract gross profit up 10%* year on year · Permanent gross profit up 2%* year on year · Permanent deal pipeline volume level year on year · Growth rate in contract runners ahead of same period in 2011 · Continued strong financial position with net cash of circa £17m at period end, after payment of the final dividend of 9.3p per share (circa £11m) on 6 June 2012

http://www.investegate.co.uk/Article.aspx?id=201209070700077144L

Daniel Stewart retained its "buy" stance on 32Red (TTR) with a 55p target price. The online gambling company achieved record first half revenues, with turnover from its casino business rising by 52% to 14.5 million pounds and the broker said that the firm is well positioned for further growth. Additionally, with the group increasing its interim dividend, Daniel Stewart raised its full year dividend forecast by 0.1p to 1.4p per share, also noting that the shares trade on a prospective multiple of 12.1 times, falling to 9.1 times in 2013. The shares inched up by 0.375p to 44.25p.

Panmure Gordon maintained its "buy" rating for YouGov (YOU) with an increased target price of 105p from 85p. The broker expects the market research firm to benefit in the run-up to the US election, having signed a partnership with Microsoft to provide daily polling over the Xbox platform. Panmure also anticipate the introduction of a dividend following the completion of a period of acquisition and investment. YouGov shares were unchanged at 77.5p.

Northland Capital reiterated its "buy" recommendation for Johnson Service Group (JSG) with a 34p target price. The broker believes that the restructuring of the firm's dry cleaning business will improve profitability, leading it to increase its adjusted full year pre-tax profit target by 8.1% to 16 million pounds. Northland also noted that while the planned closure of 103 stores in 2013 will result in a fall in revenues, the broker expects the move will improve margins to 2.2%. On Northland's forecasts, the shares trade on a prospective earnings multiple of 6.9 times for 2012, falling to 6.1 times in 2013. The shares lost 0.5p to 30.5p.