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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Manroy | LSE:MAN | London | Ordinary Share | GB00B4L12X65 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 85.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMAN
Manroy PLC
15 February 2011
15 February 2011
MANROY PLC
APPOINTMENT OF NEW PROGRAMMES MANAGER
Manroy Plc, ("Manroy" or the "Company"), (AIM:MAN.L), the UK's leading machine gun manufacturer, is pleased to announce the appointment of Michael Bayne as Programmes Manager.
In line with Manroy's business plan, Michael is responsible for strategically developing new business areas by extending Manroy's product range and capability. This will involve supporting future increased levels of business with current and new customers in a greater number of territories as part of the Company's expansion plans.
A specialist product manager with over 30 years' experience in mechanical engineering, technical design and product development, Michael joins Manroy from technology firm QinetiQ Group Plc where he spent 15 years as Programmes, Business Development Manager and Capability Manager of Weapons & EOD in its weapons division.
Prior to this, Michael was Head of Gun Design at Space Research Design in Belgium where he had overall responsibility for technical and commercial negotiations at both national and international levels. Michael has extensive experience with industrial and governmental manufacturers, suppliers and customers.
Commenting on Michael Bayne's appointment, Glyn Bottomley, CEO of Manroy said:
"Mike is a very experienced weapons engineer with a proven track record in both industry and dealing with the MoD, our principal customer. Mike's experience will be extremely valuable as we continue capitalising on the expansion opportunities available to Manroy. I am confident that he will be a formidable addition to the team and we are already benefitting from his expertise."
-Ends-
For further information please contact:
Manroy Plc Tel: 07957 818 347 Glyn Bottomley, Chief Executive Tel: 07885 557 264 Paul Carter, Finance Director Arbuthnot Securities Limited Tel: 020 7012 2000 Tom Griffiths Ed Groome Tavistock Communications Tel: 020 7920 3150 Baron Phillips Simon Compton
Notes to Editors:
Manroy is a UK based manufacturer of machine guns, mounts and other associated products. A key Ministry of Defence supplier for 26 years, Manroy currently 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"); and
-- weapon tripods and mounting systems.
Manroy is focused on the opportunity to derive further value from existing partner relationships and create additional revenue streams by continuing to expand the product offering, and to move into new territories.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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