Tyman is a leading international supplier of building products to the door and window industry.

We operate industrial manufacturing businesses with significant operations in nine separate countries across Europe, the Americas, Asia and Australasia.

Our building products solutions range include:
Weatherproof seals that help make homes more energy efficient
Compact balances and reinforcers that enable windows to function effectively
Full suite of window and door hardware, including high security locks and electronic access controls

In the UK, we also offer the market-leading sash window renovation service.
Our Ventrolla subsidiary is the UK market leader in timber sash and casement window renovation, offering an alternative to window replacement.

http://www.tymanplc.com/

MIDAS: Window group to shine after £130m US deal

By Joanne Hart, Financial Mail On Sunday

PUBLISHED: 22:07, 4 May 2013 | UPDATED: 22:07, 4 May 2013
Economic recovery is still painstakingly slow in Britain, but the signs are much more encouraging in the US. This is good news for Tyman, which makes seals, locks and other parts for doors and windows in the UK and America.


The group last week announced the £130 million acquisition of Truth Hardware, a Minnesota-based business whose door and window products neatly complement its own. The deal is a bold but clever move by Tyman and the shares, at 207p, should prove a rewarding long-term investment.


Tyman has come a long way over the past four years. Formerly known as Lupus Capital and run by Greg Hutchings, the flamboyant ex-boss of conglomerate Tomkins, the firm floundered after the financial crisis and almost collapsed.




Demand: Jamie Pike, left, and Louis Eperjesi should do well as the US housing market begins its recovery

Months of turmoil ensued, but ultimately Hutchings resigned, the board was rebuilt and the group began to find its feet.


Jamie Pike, formerly chief executive of Foseco, a steel-related business that was sold to the industrial group Cookson in 2008, was made chairman late in 2009. And Louis Eperjesi, who was a senior director at building products group Kingspan, joined as chief executive in February 2010.


Pike and Eperjesi have worked hard to turn Tyman from a ragbag of different businesses into a company focused on top-grade components for doors and windows.


Thanks to their efforts, profits have risen from £1.9 million in 2009 to £23 million last year. Dividends were resumed in 2011, 4.5p was announced for 2012 and the company intends to lift payments steadily over the next few years.

In March, the group changed its name from Lupus to Tyman, which is derived from an archaic word for turn. The company is also moving from AIM to the main market this summer.


Against this backdrop, the Truth deal can be seen as fresh evidence of Tyman’s transformation from basket case to growth story.


Last year, Tyman made half its sales in the US, with a third coming from Britain and the rest from the Continent, Asia Pacific and Latin America. After the deal, about 65 per cent of sales will come from North America, including Canada, where Truth has a strong position.


In the US, Tyman and Truth’s customers are big makers of doors and windows and demand for components is strongest when lots of new homes are being built. Last year, 780,000 new homes were put up in the US. This year the figure is forecast at 930,000 and over the next few years it is expected to rise to about 1.3 million.


Even before the takeover, this momentum would have boosted Tyman. But the new deal will enable it to offer more components to existing customers and add new Truth customers to its roster. It should also benefit from a recovering US refurbishment market.


Eperjesi is excited about potential in emerging markets too, particularly Latin America, where the business has grown rapidly in the past couple of years.


In Britain, activity has been rather dull but Tyman is increasing market share and should continue to make progress.


As part of the Truth deal, Tyman is borrowing £65 million from Barclays, HSBC, Lloyds and RBS – an indication that they have confidence in the business. The group has also raised £73 million in the equity market.


Brokers expect Truth to boost Tyman’s results from this year, so they forecast profits of £30 million for 2013 and £40 million for 2014, against £24 million and £26 million before the deal was announced.


Midas verdict: Tyman shares are 207p and should rise steadily. The Truth deal marks a coming of age and should put Tyman in an even stronger position over the next few years. Buy for the long term.

Consensus recommendation






As of May 03, 2013, the consensus forecast amongst 4 polled investment analysts covering Tyman PLC advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Jun 01, 2010. The previous consensus forecast advised that Tyman PLC would outperform the market.
.

Strong purchasing today.

Results of Firm Placing and Placing and Open Offer

http://www.moneyam.com/action/news/showArticle?id=4598791

Tyman PLC (TYMN:LSE) set a new 52-week high during today's trading session when it reached 223.00. Over this period, the share price is up 75.94%.

I hope you have got some. Good Luck to your Brothers Court Case in the next month, also hope his health is better.

Thanks for that 3m, I'm sure its this Monday. Once that is out the way, I think his mind will settle. Again many thanks for the thought. :-))

You are welcome. I Know the felling in different aspects. It was 1995 for me. My sincere GL wishes.

Aquisition Update

RNS


RNS Number : 1108I

Tyman PLC

28 June 2013






THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN OR SOUTH AFRICA.

This announcement is an advertisement and is not a prospectus and does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Tyman plc or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities.

For immediate release



Tyman plc

Acquisition of Truth Hardware ("Truth")



The Antitrust Division of the United States Department of Justice (the "DOJ") has informed Tyman that it has terminated the Hart Scott Rodino Act waiting period, thus ending the DOJ's review of the proposed acquisition of Truth from Melrose Industries plc announced on 1 May 2013.

There are no further external conditions to the completion of the acquisition and accordingly completion is expected to occur on or before Friday 5 July 2013.

Tyman intends to move from the Aim market to the Official List shortly following completion of the acquisition of Truth and a further announcement in this regard will be made in due course.

Completion of Acquisition & Move to Main Market

RNS


RNS Number : 5509I

Tyman PLC

03 July 2013





This announcement is not a prospectus and does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Tyman plc or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities.





3 July 2013



For immediate release





Tyman plc



Completion of the acquisition of Truth Hardware



Admission to the Official List and to trading on the Main Market



Tyman plc ("Tyman" or the "Company"), the international supplier of components to the door and window industry, is pleased to announce completion of the acquisition of Truth Hardware, the North American window and door hardware manufacturer, from Melrose Industries PLC.



Further to the announcements on 1 May 2013 and 28 June 2013, Tyman confirms that application has been made to the Financial Conduct Authority and the London Stock Exchange for the admission of its ordinary shares ("Ordinary Shares") to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission"). Admission will be effected by an introduction of Tyman's existing Ordinary Shares with no new Ordinary Shares being issued.



It is expected that Admission will become effective and that dealings on the Main Market will commence at 8.00 a.m. on 8 July 2013. Trading in the Company's Ordinary Shares on AIM will be cancelled simultaneously. The Company's TIDM code will continue to be TYMN with ISIN GB00B29H4253 and there are expected to be 170,104,385 Ordinary Shares in issue on Admission, of which 582,483 shares are held in treasury. The figure of 169,521,902 may be used by shareholders as the denominator for determining any requirement to notify their interest in, or changes to their interest in, Ordinary Shares under the Financial Conduct Authority's Disclosure and Transparency Rules.



Louis Eperjesi, Chief Executive of Tyman, commented:

"We are delighted to welcome Truth into our organisation. Its product portfolio is an excellent fit with our existing offering in North America. We look forward to working together with our new colleagues in expanding our existing positions across North America and beyond."

Copies of this announcement will be made available on Tyman's website (www.tymanplc.com) today.

Admission to the Official List

RNS


RNS Number : 7601I

Tyman PLC

08 July 2013






THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN OR SOUTH AFRICA.



This announcement is not a prospectus and does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Tyman plc or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities.



8 July 2013



For immediate release



Tyman plc



Admission to the Official List and to trading on the Main Market



Tyman plc ("Tyman" or "the Company"), the international supplier of components to the door and window industry, is pleased to announce that the admission of its ordinary shares ("Ordinary Shares") to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission") became effective at 8.00 am today. Trading in the Company's ordinary shares on AIM was cancelled simultaneously.



The Company's TIDM code will continue to be TYMN with ISIN GB00B29H4253. There were 170,104,385 Ordinary Shares in issue on Admission, of which 582,483 shares are held in treasury. The figure of 169,521,902 may be used by shareholders as the denominator for determining any requirement to notify their interest in, or changes to their interest in, Ordinary Shares under the Financial Conduct Authority's Disclosure and Transparency Rules.



An electronic copy of the prospectus published on 1 May 2013 is available for inspection on Tyman's website, www.tymanplc.com, and at www.morningstar.co.uk/uk/nsm.do.

Tyman PLC (TYMN:LSE) set a new 52-week high during today's trading session when it reached 238.00. Over this period, the share price is up 87.47%.

Strong buying today.

27 Nov Jefferies... 269.00 Buy

Final Result
11 Mar 14 Tyman [TYMN]

Tyman acquires Brazilian weather-seal maker

Wed, 26 February 2014



Tyman, which supplies door and window components, on Wednesday announced that its international division, Schlegel, has completed the acquisition of Vedasil Brasil, a supplier of weather-seals.

The firm, which was set up in 1978, manufactures and supplies PVC extruded seals along with other seal and screen components to the Brazilian door and window market. Its 2013 revenues totalled around £4.85m.

Tyman plans to combine Vedasil with its other Brazilian business, Schlegel Brazil, combining the management teams of both.

Louis Eperjesi, Chief Executive of Tyman, said: "I am delighted to welcome the Vedasil team to Schlegel International and look forward to working with them to grow the market for our range of sealing technologies and other door and window components in the region.

"The acquisition is an important element of our strategic plan to deliver consistent growth for Tyman, wherever we are located, and opens up new opportunities to develop the Schlegel International business across South America."

Final Results

http://www.moneyam.com/action/news/showArticle?id=4770216

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11 Mar Canaccord... 350.00 Buy

Tyman: Berenberg ups target price from 327p to 350p and keeps a buy recommendation

Interim Management Statement

RNS


RNS Number : 2826H

Tyman PLC

16 May 2014






TYMAN PLC

("Tyman" or the "Group" or the "Company")



Interim Management Statement



Tyman plc ("Tyman" or the "Group"), the international supplier of components to the door and window industry, issues the following Interim Management Statement for the period from 1 January 2014 to date, ahead of the Group's Annual General Meeting being held today at 10.30 a.m. at the offices of Pinsent Masons in London.



Trading Update

Trading in the first four months of 2014 has been in line with management's expectations, noting that this period typically sees lower seasonal levels of activity in our Northern Hemisphere end-markets.

Revenues from continuing operations ("Revenues") for the period ended 30 April 2014 increased by approximately 34 per cent. compared with the corresponding period in 2013, reflecting the increased size of the Group following the acquisitions of Truth and Vedasil.

Excluding the benefit of acquisitions, reported Revenues increased by approximately 5 per cent. and on a constant currency, like for like basis, Revenues increased by approximately 10 per cent, the difference reflecting the continued strengthening of Sterling against international currencies.



Amesbury and Truth

In North America, the Amesbury and Truth businesses have seen an encouraging start to 2014 with revenues running slightly ahead of 2013 in the four months to April despite the harsh weather conditions seen across the United States. The Canadian market has also seen a solid start to 2014 with improved market sentiment and is trading ahead of early 2013 comparatives.

The integration of Amesbury and Truth continues to progress well under the leadership of the combined management team with a number of key initiatives put in place since the start of the year and delivery of targeted synergies on schedule.



Grouphomesafe

In the UK, as expected, Grouphomesafe has seen the recovery in the market that started at the end of Q1 2013 continue into 2014. Our components business has seen significant increases in demand from both OEM fabricators and distributors with Fab & Fix and ERA in particular seeing encouraging growth.

The first quarter of 2013 was particularly weak in the UK so year on year growth is expected to moderate somewhat across the balance of the year as comparatives become tougher, however the outlook for Grouphomesafe and the UK market remains positive.



Schlegel International

Our International Building Products business saw modest growth overall in European markets with sales into Eastern Europe and Scandinavia performing better year to date than in 2013. Western and Southern European markets remain mixed, although our sales into Germany have seen a stronger start to 2014, and in Italy we continue to take market share.

Australia, Singapore and Brazil have each started the year well and the integration of Vedasil is progressing according to schedule.



North American Footprint Evaluation

The first phase of the North American footprint evaluation has been completed by the new Amesbury and Truth management team and, as part of that process, the Atlanta extrusion facility has been identified as being surplus to the Group's requirements.

Production at this site will be relocated to our Minnesota extrusion facility by the end of the summer, reflecting the focus of our extrusion business on high value added engineered component manufacture. The cash costs of closure are estimated at approximately US$0.5 million.

The Group will continue to service its national extrusion customer base from its other North American plants, utilising the extensive Amesbury and Truth distribution network.

Further evaluation of the North American manufacturing footprint will continue during the remainder of 2014 as we look to improve the effectiveness of the Amesbury and Truth operations and position the business for long term growth.



Financial Position of Tyman

The Group's financial position remains strong. Other than the normal seasonal increase in working capital, and the capital outlay to acquire Vedasil, there has been no significant change to the Group's financial position since the last year end.



North American Site Visit

Tyman will host an Investor and Analyst site visit to its facilities in Owatonna, Minnesota and Sioux Falls, South Dakota between 19 and 21 May 2014. Presentation materials will be posted on the Group's website.

No material new information will be disclosed in the presentations and there will be no statements on current trading.



Half Year Results Announcement

Tyman will issue its half year results for the six months ending 30 June 2014 on Tuesday 29 July 2014.



Louis Eperjesi, Chief Executive of Tyman, commented:

"We have had an encouraging first four months to the year, consistent with our expectations for the year as a whole. Continued recovery in our key end markets, combined with share gains and the delivery of targeted synergy benefits in North America underpin our confidence for the future."

Interims Tues 29 July