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F&C Asset Management Buy 25-May-12 £115,863.00 Edward Bramson 165,000 @ 70.22p

The Chairman of Dialight, the LED lighting developer, has sold his first batch of shares in the company since the company was listed in 1993. Harry Tee, who made the sale in order to fund an existing financial commitment, earned 955p for each of the 425,000 shares, bagging himself total of £4,058,750. The company was keen to stress that despite the large transaction, Tee "remains a significant shareholder", holding 1,028,357 ordinary shares, equal to around 3.2% of the issued share capital of the company. The Chairman confirmed he has no intention to sell any more shares in the company in the near future.

Jefferies has upgraded its rating for satellite communications group Inmarsat from hold to buy, saying that it now has greater visibility on the issues cited behind the profit warning in August last year.

Galaxy Managing Director, Iggy Tan, said: "This first sale represents the first cash flow from the processing of Mt Cattlin concentrate into lithium carbonate at the Jiangsu operation and is another step forward with our business plan of developing Galaxy as a fully integrated lithium company." Galaxy has long term off take framework agreements signed with 13 major cathode producers in China and Mitsubishi Corporation of Japan (5,000 tonnes per annum) for 100% of Jiangsu's 17,000 tonnes per annum design capacity.

Galaxy Update - First Sale of Lithium Carbonate from Jiangsu Creat Resources Holdings Limited ("CRHL") (AIM: CRHL) is pleased to announce that ASX-listed Galaxy Resources Limited ("Galaxy"), in which CRHL is a major shareholder,announced the sale of the first batch of lithium carbonate from its wholly-owned Jiangsu Lithium Carbonate Plant in China. The lithium carbonate was produced using spodumene concentrate from Galaxy's wholly-owned Mt Cattlin mine in Western Australia.

http://www.investegate.co.uk/Article.aspx?id=201205281229222361E

UBS upgrades Logica from neutral to buy, target price cut from 90p to 82p.

Valiant Petroleum plc ("Valiant Petroleum" or the "Company") reports that the Tybalt appraisal well 211/8c-5 has now been drilled to a total depth of 13,212' Measured Depth. The well penetrated a full Upper Magnus Sandstone Member (UMSM) section, comprising 844' gross, with 316' of net sand. 210' of core was successfully recovered from this interval. Initial interpretation indicates that the hydrocarbon saturations recorded throughout the section were broadly similar to the 211/8c-4z discovery well drilled in 2010. Porosities were also similar but the permeabilities recorded in the current well were generally at the low end of expectations. Reservoir testing via MDT was unable to demonstrate the presence of moveable hydrocarbons from the well. Test points located in the lower part of the UMSM recovered water, while stations towards the top of the interval were tight. Valiant Petroleum (60%; Operator) and Agora Oil and Gas AS (a fully-owned subsidiary of Cairn Energy PLC; 40%) have now decided to suspend the well. Further technical analysis of the core, log and dynamic test data will be required to assess the size and potential of the Tybalt accumulation.

http://www.investegate.co.uk/Article.aspx?id=201205280700191887E

"Local Insurance - Tapiola Group's business operations and tasks relating to the merger require a partner with strong IT service knowledge and industrial operating models. With a strong partner, we are able to ensure that the quality and the cost structure of service production meet our customer service and business requirements. The partner must also be able to provide enough resources for the project," said Juha Suutala, Managing Director at Tapiola Data. "The letter of intent enables true partnership where both parties make investments to meet our common goals. We are creating new operating models and services by combining the knowledge in Tapiola Data with Logica's strong experience and expertise in producing business and technology services in the financial sector. The new company will also offer professional development and new career paths to skilled employees both locally and via our global operations," said Heikki Nikku, CEO in Logica Finland.

Tapiola Data and Logica sign a Letter of Intent 28 May 2012 Tapiola Data and Logica sign a Letter of Intent to establish a new company Tapiola Data, a subsidiary of the Finnish insurance company Tapiola Group, and business and technology service company Logica have signed a Letter of Intent to develop a new company to provide information and communication technology to the Local Insurance companies of the Tapiola Group. Negotiations relating to forming the new company will begin on 1 June 2012. The aim is to establish the new company by October 2012. The purpose of the new company is to develop and produce ICT services relating to banking and insurance activities of Local Insurance - Tapiola Group in order to harmonise, reshape and intensify operations.

http://www.investegate.co.uk/Article.aspx?id=20120528080000P70F9

Operational Update Salamander announces the successful appraisal of the Tutung gas-condensate discovery through the drilling of the Tutung Alpha-3 ("TA-3") appraisal well. The Tutung discovery is located in the Bontang PSC, East Kalimantan, Indonesia. The TA-3 well was spudded on 25th March 2012 and drilled to a total depth ("TD") of 3,351 metres true vertical depth sub-sea ("mTVDSS") using the MB Century-28 land rig. The well was targeting Middle Miocene sandstones of the Pulubalang formation. The TA-3 well found stacked sequences of deltaic sandstones in the target section on depth prognosis. These sandstone intervals were evaluated using logging while drilling log data and wire-line pressure testing and gas and fluid sampling. Sandstones within the target formation were found to be gas-bearing, and individual units of up to 15 metres gross thickness were encountered. The TA-3 well is currently being suspended, while work continues on the submission of a Plan of Development for the Tutung gas-condensate accumulation, which will incorporate the TA-3 well results. The Tutung discovery is located in the Bontang PSC and is approximately 37 km northeast of the producing Sangatta field. Salamander is the operator of the Bontang PSC and has a 100% equity interest.

http://www.investegate.co.uk/Article.aspx?id=201205280700121640E

Kevin Hand, Non-Executive Chairman of Dods, commented: "Dods (Group) PLC continues to demonstrate the strength of its highly focused political communications business. Our company is expanding its competitive position at a challenging time in its markets, which has seen a number of competitors exit the market. 2011 has been another year of strong growth in our digital subscriptions business - high value, high margin products - and record demand for our events in the Parliamentary areas. At the same time, the Public Sector has had a year of reduced activity which has affected our Government-facing portfolios. Our successful participation in the tender for the Civil Service Learning business came too late to affect the 2011 results in our political training businesses but will clearly have a beneficial effect in future years. Dods has moved into 2012 in a very strong competitive position. The acquisition of Politics Home is a key development in our continued focus on the Digital market. This focus has delivered significant results - with more than 33% of the Group's revenue and 49% of the Group's contribution having been delivered from Digital products, the vast majority of this from digital subscriptions. We are awaiting the decision of the Office of Fair Trading on whether we can proceed with the completion of the acquisition of DeHavilland. Revenue from the Civil Service Learning tender will start to be generated during 2012. This and the ongoing growth in our digital and face-to-face businesses will be at the heart of the development of the Group in 2012. We hope to add to this the acquisition of DeHavilland. The Board continues to be focused on maximizing shareholder value - and recognizes that this will be achieved by a combination of strong organic growth and, at the appropriate time, acquisitions within our core markets."

Operating Highlights - Double digit growth in Digital subscriptions - now 33% of Group revenue - Politics Home digital news service successfully integrated - Awarded PPA Digital Publisher of the Year Successful in the winning tender for Civil Service Learning Record performance of parliamentary events Acquisition of DeHavilland agreed. Awaiting outcome of OFT report.

2011 PRELIMINARY RESULTS Financial Highlights - Revenue at £15.3 million (2010: £16.1 million) - Gross profit margin maintained at 33% - Reduced statutory loss attributable to shareholders £0.9m (2010: £1.3m) - Adjusted EBITDA at £1.9 million (2010: £1.9 million) * - Adjusted EBITDA from retained business at £1.9 million (2010: £2.0 million) ** - Net cash of £1.4m at 31 December 2011 (2010: net cash of £1.3m)

http://www.investegate.co.uk/Article.aspx?id=201205280700151826E

Notice of Annual General Meeting and Posting of Annual Report and Accounts HaiKe Chemical Group Ltd, (AIM: HAIK) a petrochemical and speciality chemical business based in China quoted on AIM, announces that the Company's Annual Report and Accounts for the year ended 31 December 2011, together with a notice of the Annual General Meeting, is available on its website and will be posted to shareholders today.

("Solid State" or the "Company") £3.5m in-vehicle rugged electronics contract for export The Board of Solid State plc (AIM: SSP), the AIM listed supplier of industrial/ruggedised computers, specialist electronic components and battery power solutions to the electronics market, is pleased to announce that the Company has secured an export order for in-vehicle rugged computers worth in excess of £3.5m from a global provider of communication solutions. The contract was won after extensive consultation with the client on the required product specification and reflects Solid State's strength in design-in, supply and support of bespoke applications. The existing contract is for installation at two locations. There is the potential of further orders for other locations in due course. The volume of the product to be supplied means that the order will be delivered at lower than normal average group margin, however it will be fulfilled before 30 September 2012 and will therefore fall within the first half of the financial year.