"Alent is a leading global supplier of advanced surface treatment plating chemicals and electronics assembly materials. The principal end-market is global electronics production which accounts for approximately three-quarters of net sales value with the automotive and industrial end-markets the balance."

Both Vesuvius Plc & Alent Plc are seperate companies created from the demerger of Cookson Plc in Dec 2012.

http://www.alent.com/

StockMarketWire.com
Alent has settled all litigation with MacDermid Inc, now part of Platform Specialty Products Corporation. This litigation relates to corporate activity involving MacDermid and Cookson Group plc ('Cookson') and dates back to 2006.

The pending litigation was noted in the contingent liability note of Alent's 2013 Annual Report & Accounts and referenced at the time of Alent's formation and demerger from Cookson. Under the terms of the settlement, Alent will pay US$10m (£6.4m) in full and final settlement of all claims.

Alent plc, a global supplier of specialty chemicals and engineered materials, today issues its Q1 trading update for the period from 1 January 2015 to 31 March 2015.

TRADING
Trading for the period has been in line with our expectations and our outlook for 2015 remains unchanged.

The electronics end-market was slightly slower than anticipated in Q1 2015, whilst the automotive end-market progressed as expected.

At Group level, Net Sales Value (NSV) at constant currency increased 1.7% in Q1 2015. A favourable currency translation of 1.2% meant that on a reported basis, NSV increased 2.9% to £101.8m (Q1 2014: £98.9m). NSV margin for the Group has been stable.

At a business unit level, Assembly Materials NSV increased 1.8% on a constant currency basis. On a reported basis, NSV increased 4.0% to £50.0m (Q1 2014: £48.1m). We have continued to make progress across most product lines. As highlighted at the time of our full year results in March, our reclaim business continued to experience slight headwinds due to lower metal prices and tighter supplies of scrap feed stocks.

In Surface Chemistries, NSV increased 1.6% on a constant currency basis. On a reported basis, NSV increased 2.0% to £51.8m (Q1 2014: £50.8m). Solid growth in performance coatings was somewhat offset by the previously highlighted semiconductor industry inventory build which has unwound as we progressed through Q1 2015.

FINANCIAL POSITION
Our financial position remains strong. Working capital trends have reflected normal seasonality with a build-up of working capital expected in the first half of the year and a corresponding reduction in the second half. Net debt at 31 March 2015 was £130.8m, compared to £108.3m at 31 December 2014. The £6.4m charge associated with the MacDermid litigation settlement was paid in March 2015.

OUTLOOK
Our expectations for 2015 remain unchanged from our full year results announcement of 2 March 2015. We anticipate the electronics and automotive end-markets will grow at a similar rate to 2014 and we also expect to make continued progress over the course of the year, with our normal seasonal improvement in the second half. We are confident our Investing for Growth programme will enable us to deliver long-term growth and sustainable margin improvement.

RECOMMENDED ACQUISITION OF ALENT PLC

BY

MACDERMID PERFORMANCE ACQUISITIONS LTD. a wholly owned subsidiary of PLATFORM SPECIALTY PRODUCTS CORPORATION

to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006

Summary
· The Boards of Platform Specialty Products Corporation ("Platform") and Alent plc ("Alent") are pleased to announce that they have reached agreement on the terms of a recommended offer for the entire issued and to be issued share capital of Alent by MacDermid Performance Acquisitions Ltd ("Bidco"), a wholly owned indirect subsidiary of Platform. Under the terms of the Transaction, each Alent Shareholder will be entitled to receive:

for each Alent Share: 503 pence in cash

StockMarketWire.com
Alent's adjusted pre-tax profits fell to £42.8m in the six months to the end of June - 0.2% lower on a reported basis and 1.8% down at constant currencies.

Net sales value rose to £205.2m from £201.3m - up 0.5% at constant currencies - and adjusted operating profits increased to £45.0m from £44.0m.

Statutory pre-tax profits fell by 5.7% to £39.4m.

The group said adjusted earnings per share of 12.1 pence were in line with market expectations.

Chief executive Andrew Heath said: "I am pleased to report that trading during the six month period to 30 June 2015 was broadly in line with our expectations. Pricing remained robust, with positive mix from growth in our higher margin business helping to offset end-market headwinds. This helped to deliver stable NSV margin in the period, whilst we made further progress in our Investing for Growth programme. We continue to expect normal seasonal improvement in the second half of the financial year.

"Post the period end, we reached agreement on the terms of the acquisition of Alent plc by Platform Specialty Products Corporation. The significant premium being offered by Platform recognises the progress Alent has made in the last three years, the opportunities in front of us and the overall quality of the business, whilst also presenting a clear opportunity for our shareholders to realise the full value of their investment earlier. Our Board is unanimous in its recommendation of the proposed Transaction."

StockMarketWire.com
Alent has set out an updated timetable for its recommended acquisition by MacDermid Performance Acquisitions.

Alent has previously announced that all anti-trust clearances have been obtained.

Subject to the satisfaction or waiver of the other conditions set out in the scheme document, the court hearing to sanction the scheme is expected to be held on 20 November. The effective date of the scheme is expected to be on 1 December.