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Acquisition of Worldwide Group Holdings Limited · Provides additional revenue stream through audio-conferencing solution · Complementary product set including data connectivity, inbound-telephony, international toll-free services, maintenance services and disaster recovery · Supports the Group's cross-sell strategy Daisy Group plc (AIM: DAY), a leading provider of business communications, announces that is has today entered into an agreement to acquire the audio-conferencing specialist Worldwide Group Holdings Limited ('Worldwide') for an initial cash consideration of £28m. Further consideration may become payable based on growth in EBITDA over an agreed earn-out period. Daisy has conditionally agreed to acquire Worldwide, which is a market-leader in audio-conferencing and call-handling technology, providing a full suite of communications solutions to business customers, with a focus on voice services and data connectivity. Based in Peterborough, the business supplies services to a number of the world's largest audio-conferencing companies and, though UK-based, routes inbound calls from multiple foreign territories. Complementing the existing Daisy Group portfolio, Worldwide provides communications products including lines, calls, data connectivity, inbound-telephony, international toll-free services, maintenance services and disaster recovery. In the 12 month period ending 31 December 2011, the unaudited adjusted management accounts of Worldwide included revenues and EBITDA of £36.4m and £4.0m respectively. The acquisition will be funded from an increase in existing borrowing facilities together with the addition of Royal Bank of Scotland to the existing four strong group of lenders. With specialist product knowledge and expertise, Worldwide's existing senior management team will remain in place to lead the business.

http://www.investegate.co.uk/Article.aspx?id=201204130700282794B

The Questor column in the Telegraph believes that it's time for the bulls to act on FTSE 100 engineer Weir, saying that the recent falls in the stock are overdone. "A large number of short positions have been weighing on the share price of the pump specialist. This is because of US gas prices – and investor confusion that shale gas is all of the company's business," the column writes. Just 32% of Weir's total revenues last year came from the oil and gas markets and not all of this was US shale. Meanwhile, with rig data from Baker Hughes last week showing an increase in the number of US companies drilling for gas recently, Questor is not in the bear camp. After recent underperformance, the paper recommends to buy.

The Times' Tempus column this morning looks at temporary power and temperature control solutions group Aggreko, saying that the 'power surge has no end in sight'. Tempus says that the exponential growth over the past five year has continued into the first quarter of 2012, with the group reporting yesterday that both divisions delivered underlying revenues increases of over 20 per cent. The paper does highlight that while debt, after the completion of a Brazilian acquisition, will be around £515m, "the huge sums of cash the company pulls in means this level of debt is well within acceptable levels". The column suggests that the company may at some stage return capital to shareholders like it did last year. While the shares look expensive at 19 times next year's earnings, Tempus says that "it would be a brave man who was prepared to bet against its winning run continuing."

The cost of production per ounce is holding OMI back

David Fowler, Chief Executive Officer said: “I am very pleased with the drill results, which we announced yesterday, from our first pass drill program at Mahoma. They have confirmed historically identified grades and widths on Veta II. Orosur will now expand its drilling programme with the objective of defining a resource during calendar 2012. It is expected that this resource will provide the basis of a feasibility study for mining a total of 25,000 ounces per year. The study will be based on ore being transported, through existing infrastructure, to the San Gregorio mine to minimise capital expenditure and reduce study and permitting time.” “As we previously announced, production for the quarter was affected by the delay in increasing stope production from Arenal Deeps. To maximise production for the fiscal year, mining from alternative open pit ore sources is being accelerated. This has impacted cash costs for the quarter and fiscal year but maximises cashflow. Stope production is increasing as expected in the 4th quarter and we look forward to Arenal making a more significant contribution to our production profile and lowering cash costs in the coming years.”

As was noted in our update announcement of 6 March 2012, production for the full fiscal year is expected to be 55,000 to 57,500 ounces. This has been reduced from a target of 57,500 to 60,000 ounces per annum. A delay in receiving the full Arenal Deeps permit, a decision to develop in ore on a 5 x 5 meter basis rather than 5 x 8 meters and a planned reduction in the rate of stope advance due to the need to complete additional infill definition drilling has resulted in an expected shortfall in production from Arenal Deeps of approximately 6,500 ounces. The decision to develop in ore on a 5m x 5m basis rather than a 5m x 8m basis will not affect overall tonnes mined in the inclined room and pillar area as the additional material will be mined during stoping. Mining of open pit material was accelerated to reduce the impact of the shortfall in ore from Arenal. This, together with higher than budgeted fuel, electricity and consumable unit costs, has increased the Company’s cash cost forecast from $US 810 to a range of $US 930 to $US 950 per ounce for the full fiscal year.

Production and costs Production for the quarter was 13,668 ounces of gold, higher than previous quarters of the current financial year due to the higher grade of ore processed. During the quarter 406,219 tonnes of ore were processed at a grade of 1.12 g/t Au and a recovery of 93.3%. 40,365 tonnes of ore at a grade of 1.56 g/t were produced from development at the Arenal Deeps U/G deposit. This ore was all fed to the plant with the balance coming from open pits and stockpiled ore. The grade mined to date is consistent with the resource model. Ore with a grade of 1.38 g/t was processed during the corresponding quarter of the prior year resulting in higher production of 16,573 ounces. The mining permit for Arenal Deeps was granted on March 1 and allows ore exploitation from all levels of the Arenal Deeps project. The mine is now fully permitted to operate. All of the mining equipment and personnel necessary to ramp up stope production are now on site and production levels are expected to reach design capacity in the fourth quarter of fiscal 2012. The second tailings storage facility at Orosur’s San Gregorio Operation is completed and awaiting the final permit, expected to be received in April 2012. The closure of the first tailings storage facility is being carried out on a staged basis and is expected to be finally closed over the coming year as the second tailings storage facility is commissioned. The company anticipates a smooth transition between the two facilities with no impact on production. Cash operating costs per ounce of gold for the quarter were $US 1,104 and $US1,020 year to date compared to $US 483 and $US 669 for the same quarter and nine months of the previous year. The delay in ramping up production at Arenal forced the Company to process lower grade ore resulting in lower ounces produced and increasing cost per ounce produced. The delay in ramping up production at Arenal has impacted cash costs in two ways. Firstly, lower grade ore stockpiles, with an inventory cost included in cash costs, were processed and increased cash costs for the quarter and year to date (approx. $US 3 million). Secondly, as Arenal ore has come from higher cost development tonnes and the company has expensed all mine management costs, the cost per ounce produced increases. The cost per tonne of ore produced from satellite ore pits is higher than the pits processed last year due to the need to transport material to the plant. Costs increases have also resulted from Uruguayan inflation, higher rates for underground development and consumable cost increases

Financial Performance Total sales for the quarter were $US 26.0 million compared to $US 21.6 million for the corresponding period of the previous year. The average gold price for the quarter increased to $US 1,691 per ounce from $US 1,368 in the third quarter of the previous year. For the quarter, after-tax profit decreased to $US 5.0 million compared to a profit of $US 6.3 million in the corresponding period of the prior year. Net profit after tax for the 9 months to 29 February was $11.9 million. Cash flow from operations includes the result from the San Gregorio operation less the cost of general and administrative expenses, interest and income taxes. During the quarter, cash flow generated from operations before working capital movements was $US 6.8 million compared to $US 9.2 million generated in the corresponding quarter of the previous year. For the nine month period ended 29 February, 2012, cash flow from operations before working capital movements was $US 17.0 million compared to $US 19.6 million for the corresponding period of the prior year. Exploration and development expenditure for the quarter was $US 3.7 million compared to $US 2.9 million for the corresponding quarter of the prior year. Exploration and development expenditure for the nine month period amounted to $US 12.5 million compared to $US 7.0 million in the corresponding period of the prior financial year. Purchase of property plant and equipment and development costs for the underground operation was $US 8.6 million for the quarter and $US 26.7 million year to date compared to $US 4.1 million and $US 6.5 million in the corresponding period of the prior financial year. The Company’s cash position at the end of the quarter was $US 15.4 million, similar to the $US 15.3 million from February 28, 2011.

http://www.investegate.co.uk/Article.aspx?id=20120413070000Z2107

CONT The benefits from reducing the service charge costs, metering of utilities, better allocation of facility management costs, increasing the service charge prepayments from tenants and general reduction in overheads is expected to add approximately €1m to the Company's profit in the year. This has been achieved despite substantial increases in heating, cooling and electricity costs. This reduction in the non-recovered cost base is a key part of increasing operating cashflow. As at 31 March 2012, cash reserves were €9.1 million, (30 September €13m). To preserve cash resources, going forward the Company's main target is to be able to service its borrowings and cover future capital expenditure requirements from operational cashflow. This will be achieved through continued optimization of the property portfolio and selective disposals. As previously announced, the Company sold a parcel of land at the Bremen Brinkmann site and part of one of the sites in Bonn generating close to €2.5m of proceeds and around €700k of profit. The Company is currently in advanced discussions with regard to a further similar disposal plus the disposal of an entire non-core site. As at 31 March 2012 the Company's borrowings, excluding capitalised loan costs, totalled €296m (30 September 2011: €300.0m), representing an LTV of 60.1% on DTZ's latest valuation at 30 September 2011 (30 September 2011: 61.0%). Both banking facilities are operating within covenants and the facility with the Royal Bank of Scotland ("RBS") matures in October 2012. Discussions with RBS are ongoing. The Company looks forward to providing a further update with the announcement of its final results on 13 June 2012.

Trading Statement Sirius Real Estate Limited is pleased to provide the following trading update for the 12 months to 31 March 2012. In January 2012, the Company completed the internalisation of the core management team, thereby aligning the interests of all stakeholders in the business and bringing the operating platform under the control and ownership of Sirius. As part of the internalisation, the Company acquired Sirius Facilities GmbH, the provider of property and asset management services to the Group for the last five years. The majority of its c.150 strong team led by Andrew Coombs and Alistair Marks have moved to the Company as part of this acquisition. The internalisation is expected to reduce the operating costs of the business by approximately €2m per annum. During the year under review, the Company has traded well, and is expected to perform in line with management's expectations for the year. Rental income is expected to increase to €45.2m in the year compared to €43.6m last year (after excluding €1.9m of surrender premiums), driven primarily by higher average rate per sqm on new sales. In addition, the Company is expected to see further reductions in non-recovered service charge costs and overhead costs. The benefits from these will be offset by higher than expected write-offs of old service charge balancing amounts and debts that have been in legal hands. Occupancy has increased to 78% in the year, up from 76% at the start of the financial year. This increase has come from new sales of 128,345 sqm at €5.24 per sqm (2010: 159,292 sqm at €4.41 per sqm) and lower moveouts of 91,933 sqm compared to 123,768 sqm in the previous year. Increasing occupancy and rental rates continue to be at the heart of the Company's strategic plans and the higher rates achieved on new lettings in the year is a reflection of the Company's focus to achieve increased yields from the portfolio. Another year of more than 125,000 sqm of new sales is also indicative of the Company's successful marketing activities and the continued demand from the German SME sector for flexible lettings solutions. Demand has come from a broad mix of light industrial, logistics, office and storage users. In addition, the Company has continued to benefit from Smartspace, a highly flexible solution for young businesses, Flexilager, a low cost storage solution and the growing demand for conferencing facilities

http://www.investegate.co.uk/Article.aspx?id=201204130700102530B

Gary Millar, CEO of Byotrol, commenting said: "Byotrol's new commercial strategy is already generating more repeatable, sustainable revenues with key strategic partners. The trading performance and tight cost control shows that the Company is moving in the right direction, and we look forward to further progress in the coming financial year."

Byotrol plc ('Byotrol' or the "Company"), the developer of anti microbial hygiene technologies, is pleased to provide a trading update for the year to 31 March 2012, in advance of its annual results which are scheduled to be announced in June. Trading Performance Byotrol reports that it has seen growth in revenue in the second half of the year and results are expected to be in line with market expectations. Revenue for the year is anticipated to be approximately £1.96m (2011: £1.93m) and the cash balance at 31 March 2012 was £1.6m which is higher than previously anticipated. The Company has also successfully completed the technical milestones required by its Fortune 150 partner. Operational Highlights The year to 31 March 2012 saw the market launch of Rentokil Initial plc's UltraProtect™ range of hand and surface sanitising products, powered by Byotrol, under the contract announced in July 2011. Plans are underway to introduce UltraProtect™ across Europe in the remainder of 2012. It is expected that the new revolutionary sanitiser will soon be available in more than ten countries, and it has already launched in the UK, France and Germany. The Company expects further revenue growth in the coming year from this agreement. The Company also reports that its technology has been adopted across the entire fleet of cruise line operator Holland America as the anti-microbial control choice for high contact touch areas. Byotrol has continued to receive industry accolades for its revolutionary product as evidenced by its recent receipt of the prestigious 'Chemicals North-West 2012 Innovation Award' and shortlistings for the upcoming Chemicals UK equivalent and British Sandwich Association technical excellence award. Byotrol Consumer Products Limited continues to work under a Joint Development Agreement with its Fortune 150 partner company having successfully completed the technical milestones required. The two companies are currently completing consumer research and commercial analysis with the aim of a decision on a full commercial agreement in the second half of 2012. In addition, the Company is now benefitting from its technology being used in products sold by PZ Cussons, the Mayborn Group (owners of the Tommee Tippee brand), Boots and Tesco, among others. In particular, and via its relationship with Robert McBride Ltd, the Company has recently increased its presence in Tesco stores from one to three different trigger spray anti bacterial products

http://www.investegate.co.uk/Article.aspx?id=201204120700111659B

Meanwhile, mining services business MDM Engineering (MDM) impressed the market once again by announcing that results for the year ended 31st March 2012 will be at least 10% ahead of current consensus expectations. The firm's project pipeline recovered considerably over the final three months of the period, the result of both hard work from the management team and a gradually improving climate for long-term capital investment projects. In addition to this, with a number of new projects and studies awarded since the turn of the calendar year, the board is confident that trading for the current financial year will be materially ahead of expectations. The shares climbed 8.5p to 129.5p.

Commenting on the acquisition, ITE's Chief Executive Officer, Russell Taylor, said: "The addition of these two exhibitions to ITE's Ukrainian business is consistent with our strategy of building market leading positions in core markets and sectors and will complement ITE's existing activities in Kiev. These events have strong market positions in Ukraine and will benefit from access to ITE's expertise and international reach."

ITE's leading position in the Ukraine market ITE Group plc, the emerging and developing markets exhibitions specialist, today announces that its wholly owned subsidiary, ITE International Holdings BV acquired Kiev based Limited Liability Company BeautexCo (Beautex) from BCI R&R Limited, a company registered in Cyprus. Beautex runs two exhibitions each year, Intercharm and Beautyexpo. Both are trade exhibitions for the professional beauty trade and cosmetic and aesthetic medicine industry in Ukraine. On acquisition, Beautex had gross assets of nil. The exhibitions are forecast to generate revenues of €2.4m in the year ending 30 September 2012 and are expected to be earnings enhancing in ITE's 2012 financial year.

http://www.investegate.co.uk/Article.aspx?id=201204120700121701B