Tyman (TYMN)

Sector:

Construction and Building Materials

Index:

FTSE 250

383.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 396.50
  • 52 Week Low: 236.00
  • Currency: UK Pounds
  • Shares Issued: 196.80m
  • Volume: 771,353
  • Market Cap: £753.74m

LightwaveRF pens deal with Tyman-owned ERA

By Josh White

Date: Monday 04 Jul 2016

LONDON (ShareCast) - (ShareCast News) - Internet of Things platform and connected device provider LightwaveRF announced on Monday that it has entered an agreement with an additional UK distributor - ERA Home Security.
The AIM-traded firm said that under the terms of the agreement, ERA will become the LightwaveRF distributor into key DIY retail accounts in the UK including Kingfisher and Maplin.

ERA, which is part of London-listed Tyman, recently acquired the longstanding LightwaveRF customer Response Electronics, which will play an "active role" in the management of high street retailers.

LightwaveRF will also integrate Response Electronics' wireless house alarms into its platform as well as future ERA security systems.

ERA has the leading share of the UK window and door component market, and will work with LightwaveRF to commercialise the previously-announced Smart Window system, the board said.

The signing of the agreement has been sealed, with initial agreed orders of £0.25m.

"This is a significant building block in both our channels to market and technology partnerships," said LightwaveRF CEO Mike Lord.

"ERA is a large and respected company that will add significantly to the retail reach of the LightwaveRF brand.

"Megaman, our current distributor, will continue to focus on supplying the electrical wholesale market," Lord added.

ERA marketing and innovation director Will Butler said the agreement differentiates the ERA product offering and strengthens its presence with original equipment manufacturers, fabricators, retailers, builders merchants, house builders and homeowners.

"The broadening of our product offer with the LightwaveRF Smart Home range supports the recent Response acquisition and will further accelerate the development of our wireless alarms, electronic access and connected home capabilities," Butler explained.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Tyman Market Data

Currency UK Pounds
Share Price 383.00p
Change Today 2.50p
% Change 0.66 %
52 Week High 396.50
52 Week Low 236.00
Volume 771,353
Shares Issued 196.80m
Market Cap £753.74m

Tyman Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
61.24% above the market average61.24% above the market average61.24% above the market average61.24% above the market average61.24% above the market average
7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below the sector average
Price Trend
92.49% above the market average92.49% above the market average92.49% above the market average92.49% above the market average92.49% above the market average
80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average
Income
38.77% above the market average38.77% above the market average38.77% above the market average38.77% above the market average38.77% above the market average
17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average
Growth
85.46% below the market average85.46% below the market average85.46% below the market average85.46% below the market average85.46% below the market average
90.24% below the sector average90.24% below the sector average90.24% below the sector average90.24% below the sector average90.24% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tyman Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 03-Aug-23
Paid 29-May-24 08-Sep-23
Amount 9.50p 4.20p

Trades for 09-May-2024

Time Volume / Share Price
16:35 181,556 @ 383.00p
16:35 3,940 @ 383.00p
16:35 379 @ 383.00p
16:35 3,590 @ 383.00p
16:35 929 @ 383.00p

Tyman Key Personnel

CFO Jason Ashton
CEO Rutger Helbing

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