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ARMOUR GROUP

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Company details
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Name: ARMOUR GROUP
Ticker: AMR
Sector: Consumer Electronics
Index: 3%
Date joined: 31-Dec-02
EO %: 3.5
Accounts: Aug-12
Revenue (£m): 34.4
Employees: 263
Website: www.armourgroup.uk.com
Ownership Attributes
Employees - individually %:
Employees - through a trust %: 3.5%
Directors %: 33.6%
External shareholders %:
SAYE (Yes/No):
SIP (Yes/No):
CSOP (Yes/No): Yes
EMI (Yes/No): Yes

Company description

Armour Group plc is a United Kingdom -based holding company, engaged in providing corporate and technical guidance and services to its subsidiary undertakings. The Company's principal activity is to design, manufacture, distribution and sale of consumer electronics, entertainment and furniture products focused on the home entertainment and in-vehicle communications and entertainment markets. The Company operates in four business segments: armour automotive, which designs, manufactures and supplies products for the in-vehicle communications and entertainment market; armour home, which designs, manufactures and supplies products; armour asia , which is engaged in the sale of armour automotive and armour home products, and central operations, which is engaged in the provision of group-wide support services. In April 2013, Scapa Group plc disposed Scapa Holdings Georgia Inc and its subsidiary (Georgia) to Industrial Legacy Holdings, Inc, which is a part of the Company.

Employee ownership description

In its annual report, the company describes a partnership culture, which it regards as important for customer service, customer loyalty and ultimately shareholders rewards. The company uses an EMI scheme and an unapproved option scheme to grant options all of which are now vested and fully exercise-able - to non-director employees. An EBT, established to satisfy the exercise of share options, owns 3.5% of the company.

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