Manroy PLC New Contract Award (1909L)

TIDMMAN

RNS Number : 1909L

Manroy PLC

07 August 2013

FOR IMMEDIATE RELEASE

7 August 2013

MANROY PLC ("MANROY" OR "THE GROUP")

NEW CONTRACT AWARD

Manroy, the AIM quoted UK Defence Contractor, is pleased to announce that it has been awarded a GBP0.5m contract from a new customer in Asia.

It is expected that the contract will be delivered in the financial year ending 30 September 2014, subject to standard license approval processes. The contract is for Manroy's new GPMG product and further enhances the UK order book which now stands at GBP14.7 million.

Glyn Bottomley, Manroy's Chief Executive, said "This is another good contract win for a new customer in a key region for the Group."

ENDS

For further information please contact:

   Manroy Plc                                                        Tel [phone] 

Glyn Bottomley, Chief Executive

Paul Carter, Finance Director

   Allenby Capital                                                  Tel: [phone] 

Mark Connelly

Alex Price

   Bankside Consultants                                        Tel: [phone] 

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 owns 49% of North Carolina based Manroy USA ("MUSA"), a defence supplier to both military and civilian 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

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