TIDMMAN

RNS Number : 6003Q

Manroy PLC

08 November 2012

08 November 2012

Manroy Plc

Appointment of Nomad and Broker

Manroy Plc (AIM:MAN), the leading UK defence contractor, is pleased to announce the appointment, with immediate effect, of Allenby Capital Limited as their nominated advisor and sole broker along with Bankside Consultants Limited as their financial communications advisor.

For further information please contact:

 
 Manroy Plc                                              Tel: 01252 874 177 
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 Glyn Bottomley, Chief Executive 
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 Paul Carter, Finance Director 
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 Allenby Capital Ltd - Nomad and Broker                  Tel: 020 3328 5656 
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 Mark Connelly 
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 Alex Price 
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 Bankside Consultants Ltd                                Tel: 020 7367 8874 
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 Richard Pearson 
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 Simon Rothschild 
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 Harry Gourlay 
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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 increasinglyC 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 leading 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 rifles and parts

6. MUSA's acquisition of Sabre Industries in March 2011 enhanced its penetration of the US market.

7. In April 2012, $10.4m (GBP6.6m) of Sabre's contracts with the US Department of Defense were successfully novated to MUSA.

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

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