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Adjournment of scheme court hearing On 12 June 2012, Symphony Technology Group LLC announced a recommended cash offer to be made by Kestrel Bidco Limited for the entire issued and to be issued share capital of the Company at a price of 106 pence for every Kewill Share (the "Symphony 2.7 Announcement"). It is intended that this acquisition be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. Further to the announcement earlier today, the Company confirms that the Court hearing for the purposes of sanctioning the Kinetic Scheme has been adjourned. Further announcements will be made in due course. Words and expressions defined in the Symphony 2.7 Announcement shall, unless the context provides otherwise, have the same meanings in this announcement.

Alan Aubrey, Chief Executive Officer of IP Group, said: "We are delighted that Proximagen has agreed this proposed transaction which is a significant achievement not only for the company itself but also for staff and shareholders including the university. Having originally invested eight years ago, IP Group has been a long-term supporter of Proximagen and we are delighted to have achieved an initial 35 times return on our investment. This is an excellent example of the value that can be created from applying our model to a university spin-out and is also further evidence of the value within IP Group's diversified and maturing portfolio which currently stands at over 60 companies.

IP Group plc - portfolio company trade sale for up to £357m IP Group plc (LSE: IPO) ("IP Group" or "the Company" or "the Group"), the developer of intellectual property based businesses, notes the announcement made by portfolio company Proximagen Group plc ("Proximagen"), in which IP Group has a 7.6% stake, that it has reached agreement on the terms of a unanimously recommended offer from USL Pharma International UK Limited, a wholly-owned subsidiary of Upsher-Smith Laboratories, Inc, for a total potential consideration of up to £356.8 million. Under the terms of the proposed acquisition, Proximagen shareholders will be entitled to receive an initial 320 pence per ordinary share in cash plus up to a further 192 pence in either cash or loan notes by way of a contingent value right ("CVR") which would value IP Group's holding at up to £24.6 million comprising an initial cash payment of £15.4 million and CVRs potentially valued at up to £9.2 million. The cash element would represent a multiple of 35 times the Group's total investment in Proximagen of approximately £0.4 million or a multiple of up to 57 times including the CVRs. The initial cash payment to IP Group of £15.4 million would also represent a further fair value uplift to IP Group of £5.4m compared with 04 May 2012, being the reference date for the Group's Interim Management Statement. For full details of the transaction, please refer to the announcement issued by Proximagen this morning. Proximagen was founded in 2003 as a spin-out from King's College London and was floated on AIM in March 2005.

http://www.investegate.co.uk/Article.aspx?id=201206130719512580F

http://www.edisoninvestmentresearch.co.uk/researchreports/ANW120612review.pdf

Canaccord Genuity maintained its "buy" recommendation for Consort Medical (CSRT) with a 744p target price. The broker expects the medical technology company to report revenue growth of 7.3% to 136.1 million pounds for the year to April 2012. Canaccord added that the transformation of the group's King Systems division is scheduled for completion in the coming months, while noting that the inhaler market remained strong. The broker expects Consort to continue diversifying into higher value markets, which should lead to faster growth and improved profitability

N+1 Brewin retained its "buy" rating for VP (VP.) with a 335p target price. The engineering equipment rental company beat the broker's third quarter earnings forecasts, with Brewin noting that trading remained strong in the final quarter. The broker added that the firm retained its net debt position of 40.4 million pounds, despite the group increasing investment in its fleet by 33%. As a result, Brewin raised its 2013 pre-tax profit forecast by 7% to 16.8 million pounds.

Panmure Gordon reiterated its "sell" recommendation for Carnival (CCL) with a target price of 1,443p, although it upgraded its forecasts in light of lower fuel prices, which it now forecasts to average around 700 dollars (451.7 pounds) per metric ton in the 2012 financial year. However, while the holiday cruise company's Costa division reported a 28% rise in booking volumes, the broker attributed this to significant price discounts which it believes will impact margins. Additionally, on Panmure's earnings forecast, the shares trade on a prospective multiple of 17.3 times for 2012, a significant premium to the market

G4S Buy 11-Jun-12 £278,600.00 John Connolly 100,000 @ 278.60p

"We are committed to the ongoing operation and accelerated development of CRM in the near-term in order to maintain its potential as a safe, sustainable and profitable mine in the medium and long-term, and at the same time, safeguard our cash resources and overall business interests; this development plan would achieve these objectives and would provide us with enormous operational flexibility going forward," stated Ian Rozier, CEO of Eastplats.

CONT At the Maroelabult section, it is proposed to continue "on-reef" mining operations, along with the development of major conveyor development ends, with the objective of achieving a sustainable production target of 30,000 tpm. The concentrator at CRM has two streams and its operation would be optimized to suit the revised production tonnages, utilizing one stream for "Run-of-Mine" material only, and the secondary circuit handling "re-mined" tonnes from the tailings dam. Overhead and administrative costs across the Company's operations would also be targeted for reduction, and non-critical capital expenditures would be deferred to beyond 2013. In keeping with the South African Labour Relations Act, CRM management will commence the required consultation process with potentially affected employees and their representatives to review the need for possible restructuring and the potential implications to staffing levels as a result of the proposed plan. The capital expenditure required to implement the proposed development plan would be funded by cash generated from "on- reef" mining operations at both Zandfontein and Maroelabult, cash on hand, and the sale of mining equipment and real estate assets owned by CRM that are surplus to requirements. Following the consultation period and final costing exercise to be conducted over the next 30 days, the Company will be in a position to provide guidance for production for both 2012 and 2013. As a result of the Company's decision to suspend funding for the ongoing development of the Mareesburg open pit mine and construction of the Kennedy's Vale Concentrator Plant (the "Project"), the Company has terminated the Facilities Agreement dated December 30, 2011 with UniCredit Bank AG, London Branch and Standard Finance (Isle of Man) Limited (a subsidiary of Standard Bank Group Limited) for the US$100 million financing package that was to be used to part fund the development costs of the Project. The Company and the banks have agreed to investigate the restructuring of the financing package when the Project is restarted.

Eastplats Reports Proposed Development Plan for Crocodile River Mine VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 12, 2012) - Eastern Platinum Limited ("Eastplats" or the "Company") (TSX:ELR)(AIM:ELR)(JSE:EPS) reports a review of funding for all its South African mining operations based on the current economic environment has been completed. Management at the Crocodile River Mine ("CRM") has thoroughly analysed its mining operations and proposes to implement a comprehensive mine development plan to reduce costs and improve efficiencies. The proposed plan would involve extensive underground development resulting in reduced stoping production and increased "on-reef" development in the near term, leading to significant increases in mineable reserves, production, and operating flexibility in the medium and long-term. As reported in the Company's news release dated May 30, 2012 ("Eastplats Suspends Funding for the Mareesburg/KV Project"), the review of all the Company's mining and development projects was conducted in response to continuing cost pressures combined with depressed metal prices and negative industry outlook for a near-term recovery. There have been encouraging improvements in production at CRM, particularly from the Zandfontein section. However, as a result of continued issues facing the industry, the Company proposes to temporarily suspend stoping at Zandfontein and embark on a 12 to 18 month development program. This program will focus on "on-reef" development by "wide raising/winzing" in preparation for increased future stoping production, as well as "off-reef" development of the new service decline and the 5, 6 and 7-level footwall drives. Over 18 months, this plan would result in the completion of up to 28 raise lines available for mining as well as providing production of UG2 reef for plant feed. Additionally, cleaning, sweeping and vamping of previously mined areas will be maximized, along with the reclamation of material and equipment from "back-areas". Combined with the continued construction and equipping of underground infrastructure and the new chairlift-conveyor, this development plan would provide the necessary stope availability to sustain significantly greater production levels over the long term with lower unit costs. Additionally, the deeper levels of the mine will be developed for production securing the long-term future of the operation. Should there be a marked improvement in industry conditions in the interim, CRM can react quickly and ramp up production at Zandfontein at any time.

http://www.investegate.co.uk/Article.aspx?id=20120612171321M3110

Prospects: Our two main Divisions are on upward trajectories with improving order books and no shortage of ideas and initiatives to grow the businesses. I am pleased to report that order books for the year 2012/13 are already starting to fill. All our businesses are better balanced and better managed than they were two years ago. This provides optimism that we will secure significant organic growth over the next three to five years. The Board continues seek appropriate acquisitions, which will fit into and enhance the Engineered Products Division. This Division has already established itself at the centre of the world's oil and gas field equipment design and manufacture industry in the USA. It is proving to be a successful vehicle for growth in this market and is a tree that is sufficiently strong to support more growth and new branches. We have a proven management team, a strong balance sheet with significant cash balances and unused working capital facilities. This provides the comfort and support for our investment plans and also the continued progressive dividend policy. The strength of our order books gives the Board confidence for a strong second half performance and further growth in year 2012/13.

Richard Shacklady, Chairman of Pressure Technologies, said: "Our two main Divisions are on upward trajectories with improving order books and no shortage of ideas and initiatives to grow the businesses. I am pleased to report that order books for the year 2012/13 are already starting to fill. All our businesses are better balanced and better managed than they were two years ago. This provides optimism that we will secure significant organic growth over the next three to five years. "The Board continues to seek appropriate acquisitions, which will fit into and enhance the Engineered Products Division. This Division has already established itself at the centre of the world's oil and gas field equipment design and manufacture industry in the USA. It is proving to be a successful vehicle for growth in this market and is a tree that is sufficiently strong to support more growth and new branches. "We have a proven management team, a strong balance sheet with significant cash balances and unused working capital facilities. This provides the comfort and support for our investment plans and also the continued progressive dividend policy. The strength of our order books gives the Board confidence for a strong second half performance and further growth in year 2012/13."

Pressure Technologies, a high pressure systems engineer, has returned to the black after enjoying a leap in revenues for the half year ended March 31st. Pre-tax profits came in at £0.46m, compared to a loss of £0.31m in 2011, while revenues reached £12.6m, £2.3m higher than those seen the previous year. Basic earnings per share were 3.1p, against a loss of 1.9p last year. Over the half year cash levels rose from £2.9m to £3.5m. The interim dividend was increased by 0.1p to 2.5p per share. The increase in sales was a result of increased export activity to the oil and gas market by the Cylinders and Engineered Products divisions. As anticipated, sales to the defence sector were lower than 2011 due to the phasing of deliveries on defence projects. Sales to domestic industrial gases markets were flat through the period.

Nik Philpot, Chief Executive Officer of Eckoh commented: "We are delighted to be continuing our relationship with such a significant global financial services client and that the solution we provide them is now extending beyond Europe. The initial contract was a period of transition for our client during which time they have transferred their legacy European operations onto our platform and I am pleased to say that we have proven to be 100% resilient in supporting these services. We look forward to delivering additional value as we utilise our speech recognition expertise to assist in the introduction of speech based services across multiple territories."

Eckoh wins multi-million pound contract with global financial services company Eckoh plc (AIM: ECK), the UK's leading provider of speech recognition and associated payment solutions across voice, web and mobile channels, today announces that it has signed a new multi-million pound contract with a global financial services company to provide a dedicated VoiceXML telephony platform for handling their customer self-service enquiries from across the globe. This renewal will commence immediately and run for an initial two year term with an option for a third year. The contract includes transactional commitments worth a minimum of £1.1 million per annum, representing a 17% increase on the minimum levels in the previous agreement. Eckoh has been working with the organisation since 2008, hosting a range of automated services across all of their active European territories. Customers in these countries access the services by calling local telephone numbers. Their calls are then routed to the Eckoh hosted platform in the UK where they can select from a range of self-service customer care applications and if required, calls can be onward routed to contact centres anywhere around the globe. New services have recently been launched in a number of countries outside Europe, in particular Australia and New Zealand, and it is anticipated that during the term of the contract further territories will be added. In addition, the hosted solution has historically only provided touch-tone based services, but it is anticipated that speech recognition services will commence in 2012.

Nik Philpot, Chief Executive Officer, commented today: "The global demand for speech services continues to underpin our strong operational performance, clearly demonstrated by our double digit revenue and margin growth delivering over £2.1m of EBITDA. The opportunity for both our speech based services and payment solutions is now significant, providing Eckoh with two substantial profit drivers that we expect to deliver continued growth for the Company. We have started the new financial year with great promise securing a number of contracts which place us firmly ahead of the previous year. We have also successfully completed important contract renewals with a number of our largest clients, in some cases expanding our existing mandates. Our sales pipeline remains strong with the level of new business enquiries at an all-time high. The Board remains confident in our future prospects and against this background we are doubling the dividend payment."

Current Trading: · First contract win with a local authority, Essex County Council · £2.2m contract renewal with a global financial services organisation · Payment solution contract wins with Paratus AMC, Sembcorp Bournemouth Water, Bristol Water and Wessex Water · Contract renewal with National Rail Enquiries · EckohASSIST and EckohPROTECT emerging as leading products within the product range