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Mogie - Mkt Cap = fair share price -- could explain the lack of movement today after this mornings rise

Pre Close Update Churchill China plc, the AIM listed manufacturer and global distributor of ceramic and related products to hospitality and retail markets is pleased to update the market in respect of trading for the six months to 30 June 2012. Trading has continued at levels in line with those experienced in the early part of the year. The Group currently expects to meet market estimates in relation to improved performance across the year with good progress towards these expectations being made in the first half. Both divisions have made progress against strategic targets and the Board has been particularly pleased with the continued recovery in our Retail business. Churchill China plc expects to issue its Interim Results on 30 August 2012.

http://www.investegate.co.uk/Article.aspx?id=201207031128137932G

John Menzies plc today issues a pre-close trading update ahead of its Interim Results announcement on 14 August 2012. Following the Interim Management Statement which was released on 18 May 2012 the Group continues to trade well and we expect the full year result to be in line with expectations.

http://www.investegate.co.uk/Article.aspx?id=201207030801357549G

CONT Progress is being made on all the key initiatives within the business. Online revenue growth remains strong and now accounts for almost 53% of total sales as we capitalise on the trading opportunities in this channel. The financial performance of the most recent acquisitions, High & Mighty and Figleaves, and the international businesses are going according to plan. The Jacamo menswear range will be installed on the mezzanine floors in the Simply Be concept stores in Liverpool and Manchester (which opens September 2012) in addition to Gateshead where it is trading well. Neither the prevailing economic backdrop nor the weather conditions are helpful to our business. However our flexible business model allows us to target the marketing investment and manage our cost base in order to deliver the best result in any given circumstances. This flexibility, combined with the focus on our key initiatives and the continuing strong financial position of the group, underpins and maintains the board's confidence in the future.

INTERIM MANAGEMENT AND AGM TRADING STATEMENT At the Annual General Meeting being held today at 12.30 pm Lord Alliance of Manchester CBE, Chairman, will make the following statement on current trading: Trading In the 17 weeks ended 30 June 2012 total group revenue increased by 2.5%. Like-for-like revenue growth was 1.9% after excluding sales from stores opened in the last year. Within the overall improvement in the sales trend there is a significant variation in performance by product category. Ladieswear revenues have been lower than expected, primarily due to the ongoing unsettled weather conditions which have depressed the sales of summer clothing. This was evidenced by very strong sales and margin in the weeks when there were sunny days. However, menswear, footwear, lingerie and home and leisure product categories have all shown growth although there has been a concentration of demand on our key value lines or those which have promotional discounts, such as our online deals of the day, as customers continue to be careful in their spending. This mix of sales has resulted in a 1% lower rate of gross margin than we had anticipated in the period under review. However we still expect the gross margin to improve from current levels as we progress through the year as our planned lower stock levels will result in reduced volumes of discounted sales of excess stocks than we saw in the second half of last year. The second half will also benefit from lower input prices which should help to stimulate demand.

http://www.investegate.co.uk/Article.aspx?id=201207030700067328G

Stocks to watch House builder Persimmon said it had a good first half of the year with sales rates and prices running ahead of the corresponding period of 2011. The group completed 4,712 new homes (2011: 4,439) in the first six months of 2012, an increase of 6% on the prior year. Weekly average private sales rate per site for the first half were up by about 18% year-on-year.

Land Securities Group Buy 29-Jun-12 £594,935.99 Robert Noel 80,000 @ 743.67p

Outlook The business has embarked on a number of new initiatives to develop its strategy. 'Multi-sourcing' will be central to our business proposition and customers are keen for us to continue to offer alternative supply options to the major EU beet sugar producers. In this respect we continue to develop relationships with new supply sources and are planning to invest in an infrastructure which can handle a range of sugars from different sources efficiently and cost effectively. We have already begun contracting sales for the new season from October and have gained a number of new customers. Meanwhile our new Whitworths branded ranges has enabled us to extend our customer base in retail while we continue to work on further innovations and new products for 2013.

Pieter Totte, RGFC Executive Chairman, commented: "In 2011 we delivered on our commitment to return to growth in sales and profitability. We are now embarking on an exciting period designed to transform the scale of the Group over the next three years. This strategy is rooted in robust plans produced by each individual business and we have restructured the Group to support these."

§ Strong performance driven by focus on brand development and by driving sales growth § EBITDA up 62% to £9.1m in 12 months to December 2011 (2010: £5.6m) - performance in 3 Months to 31 March 2012 reflects usual seasonal pattern of trading in quarter one (January to March) § Key trading divisions of Napier Brown, Garrett and Renshaw all increased their EBITDA performance year on year § Significant improvement in EPS adjusted (fully diluted excluding significant items) at 5.7p for 15 months to 31 March 2012 up 119% on 2.6p for 12 months to 31 December 2010 § Significant improvement in Net Debt / EBITDA ratio, down from 4.0 at 31 December 2010 to 2.8 at 31 December 2011. (March 2012 reflects normal seasonality profile) § Net borrowings of £28.7m at 31 March 2012 are up against 2010 driven primarily by the increased value in the supply chain following the impact mainly of higher sugar costs, but still down on position at 31 March 2011

http://www.investegate.co.uk/Article.aspx?id=201207030700047101G

Yule Catto & Co Buy 29-Jun-12 £69,150.00 Neil A Johnson 50,000 @ 138.30p

David Lenigas, Executive Chairman of Rubicon and of Lonrho Plc, stated: "FastJet has already stated its intent to raise the bar on air safety in Africa by operating its aircraft under the same strict rules that apply to European carriers. To this end, we expect to sign an agreement with a major European MRO (Maintenance, Repair and Overhaul) company for the maintenance of its new A319 fleet in the coming months." "Our management team has been actively engaged in detailed discussions with a number of Governments to lobby for incentives and reduced passenger taxes, factors that will affect our final decision on where to deploy the first A319s."

Commenting on the announcement, Rubicon Chief Executive Ed Winter, said: "The decision to launch FastJet with the Airbus A319 enables us to expand rapidly with each aircraft potentially carrying around 250,000 passengers a year. Rubicon expects passenger numbers to double from current levels within six months of the introduction of the A319 fleet. "We plan to add at least five leased Airbus A319 aircraft to the fleet within six months of launch and up to 15 within a year." John Leahy, Airbus Chief Commercial Officer Customers, added: "We are delighted that FastJet has chosen the A319 as the basis for its fleet, a further endorsement for the efficiency and reliability of Airbus' market leading single aisle family of aircraft. "FastJet will open up low cost travel to the African market, and the Airbus A319 will bring new levels of comfort to air passengers across Africa. It is a great combination." The Airbus A319 has proven itself an ideal aircraft for the low cost airline model in other parts of the world. The 156 seat A319 was initially chosen after an extensive evaluation of a wide range of options and is ideally suited to the Company's expansion plans. Leasing aircraft on operating leases enables the airline to match its rate of growth closely to market requirements. The first aircraft will be leased from Nomura Babcock Brown Co., Ltd. (BBAM Aircraft Management LLC), and is scheduled for delivery in September/October. BBAM is the world's third largest aircraft lessor, managing a portfolio of over 450 aircraft. Negotiations on further aircraft deliveries later in the year are underway. Rubicon announced on 29 June the successful completion of its deal with Lonrho Aviation and its airline Fly540, providing the merged group with existing aviation platforms in Ghana, Kenya, Tanzania and Angola. Lonrho Plc owns 74.9% of the London-listed aviation business and Stelios' easyGroup will own 5%.

FastJet chooses Airbus A319 to launch low cost African airline Lonrho advises that Rubicon Diversified Investments Plc has today made the following news/media release: "Rubicon Diversified Investments Plc ("Rubicon" or the "Company" or "FastJet"; AIM: RUBI) FastJet chooses Airbus A319 to launch low cost African airline Rubicon today announces it has chosen the Airbus A319 aircraft to launch its new low cost carrier, FastJet, across Africa, with the first aircraft expected to carry passengers by October. FastJet will operate under a brand licence agreement with easyGroup Holdings Limited ("easyGroup") and Sir Stelios Haji-Ioannou, founder of leading low cost airline, easyJet.

http://www.investegate.co.uk/Article.aspx?id=201207030710017350G

Results of Warrantholder Meetings The Company is pleased to announce that at the four Warrantholder Meetings, held yesterday, the resolutions put to Warrantholders, to approve the Reduction of Capital, were duly passed, with 100% of all votes cast voting in favour. All Shareholder and Warrantholder Resolutions to approve the Demerger have now been passed and the Court Hearing to confirm the Reduction of Capital will be held on 11 July 2012. Capitalised terms used in this announcement are defined in circular sent to shareholders on 9 June 2012, unless the context requires otherwise.