MAN Manroy

TIDMMAN

RNS Number : 2835S

Manroy PLC

06 November 2013

6 November 2013

MANROY PLC ("Manroy" or the "Company")

FOLLOW ON ORDER FROM NEW EUROPEAN GOVERNMENT CUSTOMER

Manroy, the AIM quoted UK Defence Contractor, is pleased to announce that it has been awarded a further EUR2.1m (GBP1.8m) contract from its new European Government customer, in addition to the EUR1.7m (GBP1.4m) contract from the same customer which was announced on 5 September 2013.

It is expected that this further contract, which is for Heavy Machine Gun spares, will be delivered within the first half of the current financial year, subject to standard license approval processes. The deliveries for the original contract announced on 5 September 2013 are expected to be completed by the end of December 2013.

Glyn Bottomley, Manroy's Chief Executive, said "This order is the result of Manroy providing an excellent service to our new customer and we expect to build on this relationship in the future."

ENDS

For further information please contact:

   Manroy Plc                                                           Tel 01252 874177 

Glyn Bottomley, Chief Executive

Paul Carter, Finance Director

   Allenby Capital                                                    Tel: 020 3328 5656 

Mark Connelly

Alex Price

   Bankside Consultants                                       Tel: 020 7367 8888 

Richard Pearson

Simon Rothschild

Notes to Editors:

1. Manroy is a UK based defence contractor specialising in the supply of weapon systems for land, air and maritime applications.

2. A key Ministry of Defence supplier for 26 years, Manroy designs, manufactures, supplies and supports:

   --      the 12.7mm M2 Heavy Machine Gun ("HMG"), also known as the 0.50" calibre HMG; 
   --      the 7.62mm General Purpose Machine Gun ("GPMG"); 
   --      HMG Quick Change Barrel kits; 
   --      a range of turret products for armoured fighting vehicles; 
   --      weapon tripods and weapon mounting systems 

3. Production of the HMG, along with support and spares is Manroy's core area of operation. In recent years Manroy has increasingly focused on the export market and diversification of its customer base into new territories.

4. Manroy also owns 49% of North Carolina based Manroy USA ("MUSA"), a defence supplier to both military and civilian law enforcement agencies.

   5.    MUSA manufactures a range of weapons systems and ancillary products, including: 
   --      The M2 HMG 
   --      M2 HMG Quick Change Barrel kits 
   --      Barrel manufacturing for both the military and commercial markets 
   --      M16 and M4 military rifles 
   --      Electronic boresights 
   --      Mounting systems 
   --      Commercial rifle barrels and spares 

The Group adheres strictly to UK legislation concerning the sale of weapons to foreign countries. Manroy's overseas sales are undertaken in adherence to UK Government regulations and approvals. Such sales are only undertaken after all appropriate UK Government licenses have been granted.

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTLLFVRLELEIIV

Grafico Azioni Manroy (LSE:MAN)
Storico
Da Dic 2024 a Gen 2025

Grafico Azioni Manroy (LSE:MAN)
Storico
Da Gen 2024 a Gen 2025