| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ms International Plc | LSE:MSI | London | Ordinary Share | GB0005957005 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 30.00 | 5.26% | 600.00 | 580.00 | 620.00 | 607.50 | 565.00 | 570.00 | 10,325 | 14:52:34 |
| Industry Sector | Turnover (m) | Profit (m) | EPS - Basic | PE Ratio | Market Cap (m) |
|---|---|---|---|---|---|
| Ordnance And Accessories | 74.5 | 4.9 | 27.6 | 19.0 | 97.17 |
MS International PLC First Sales of New Land Based Mobile Gun System
23/12/2022 7:00am
UK Regulatory (RNS & others)
Ms (LSE:MSI)
Historical Stock Chart
From Dec 2022 to Jun 2023
TIDMMSI
RNS Number : 6810K
MS International PLC
23 December 2022
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018
23 December 2022
MS INTERNATIONAL plc
(the "Company")
First Sales of New Land Based Mobile Gun System
In the Company's half year results for the period ended 31(st) October 2022, we made reference to our continuing development of new military products and that during the period, we launched our first land based mobile gun system incorporating our unique 'counter-drone' capability, that had already attracted considerable attention in the international market.
Further to this update, we are pleased to announce that we have signed a contract with an overseas customer to supply in 2023 a number of land based mobile gun systems, which are aptly named MSI-DS TERRAHAWK VSHORAD dual feed weapon systems - mobile air defence. The total contract value to the Company is GBP22.4 million and we are aiming to fulfil the contract as soon as practicable. Revenues under the contract are expected to be recognised during the 2023 calendar year. This contract represents the Company's first sales of this new gun system.
For further information please contact:
MS INTERNATIONAL plc Tel : +44 (0)13 0232 2133
Michael Bell
Shore Capital
Nomad and Broker Tel: +44 (0)20 7408 4090
Patrick Castle/Daniel Bush
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