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@TheBonk
fluffy88- It's identical to this one that's just gone up on ebay/craiglist finds.
http://cgi.ebay.co.uk/1979-Peugeot-Competition-Reynolds-531-Cinelli-Mavic_W0QQitemZ150348807239QQcmdZViewItemQQptZRoad_Bikes?hash=item23017cbc47&_trksid=p3286.m63.l1177
I've got the Simplex made, Peugeot branded rear mech too. It's a bit worse for wear, but I'll chuck it in.