We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mang.Bronze | LSE:MNGS | London | Ordinary Share | GB0005617013 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMMNGS
RNS Number : 6409I
Manganese Bronze Hldgs PLC
27 July 2012
Manganese Bronze Holdings PLC
27 July 2012
Extension of agreement with Geely International Corporation
Manganese Bronze Holdings PLC ("MBH"), the leading manufacturer of the distinctive London taxi, announces the signing of an agreement with Geely International Corporation ("Geely") to extend by a further year the one-year agreement announced on 17 August 2011 relating to the potential distribution in the United Kingdom of Geely's vehicles and spare parts, and the provision of after-sales service.
Under the terms of the original agreement, MBH had been granted exclusivity to develop and agree a business plan with Geely covering all aspects of the potential launch of Geely products in the United Kingdom and their ongoing after-sales support. MBH and Geely have established a project team to determine the scope of any future distribution arrangements and remain committed to entering the UK market with a competitive and appealing product range backed up with an effective after-sales process.
Whilst it is the clear intention of both parties to agree the business plan and enter into a longer-term distribution agreement, should this not be possible, the agreement will lapse on 1 August 2013.
Commenting on the signing of the agreement, John Russell, Group Chief Executive, said:
"The UK car market is one of the most discerning in the world and it is appropriate that we take the extra time this extension gives us to ensure that the final distribution agreement is a firm foundation for a successful launch."
For further information, please contact:
Manganese Bronze Holdings PLC
John Russell, Group Chief Executive Tel: +44 (0) 24 7657 2108
Peter Johansen, Group Finance Director Tel: +44 (0) 24 7657 2214
FTI Consulting
Nick Hasell Tel: +44 (0) 20 7269 7291
Grant Thornton UK LLP
Philip Secrett/Melanie Frean Tel: +44 (0) 20 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCRFMRTMBMTBMT
1 Year Manganese Bronze Chart |
1 Month Manganese Bronze Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
