LAM.L Share News (LAM)

Lamprell shareholder Sami Al Angari evaluating takeover offer

(Sharecast News) - Shares in Lamprell have been temporarily suspended after Sami Al Angari - the chief executive of Al Gihaz Company - confirmed on Friday that he and Al Gilaz are in the very early stages of evaluating a possible offer for Lamprell.

Lamprell misses $26.4m loan facility repayment

(Sharecast News) - Energy industry services supplier Lamprell has missed a $26.4m repayment due on Monday for its UAE Export Credit Agency debt facility.

IN BRIEF: Lamprell in talks after missing loan facility repayment

Lamprell PLC - United Arab Emirates-based provider of oil field services - Says it has not made initial milestone repayment of USD26.4 million under USD45 million UAE export credit agency backed revolving trade loan facility which was agreed in October 2021. Continues to work with lending banks and also Blofeld Investment Management, which holds 25% stake in Lamprell, in connection with a extension to the payment date. "The group also continues to engage with Blofeld regarding an interim funding solution or bridge financing in connection with a possible offer to acquire the entire issued and to be issued share capital of Lamprell," it says.

LONDON MARKET CLOSE: Stocks surge as traders bet on slower Fed hikes

(Alliance News) - European equities defied the uncertain global economic outlook and jumped on Friday, posting a first weekly gain in three weeks, as markets begin to price in a slower monetary policy tightening process by the US Federal Reserve.

LONDON MARKET MIDDAY: Stocks rise on US Fed pledge to fight inflation

(Alliance News) - Stock prices in London were higher at midday on Friday as traders and investors pondered remarks by US Fed Chair Powell in two appearances before legislators.

SMALL-CAP WINNERS & LOSERS: Lamprell down on discounted takeover offer

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

TOP NEWS: Cash-stripped Lamprell's shares dive after takeover offer

(Alliance News) - Lamprell PLC on Friday said it received a "discounted" cash takeover offer from a large shareholder and tat it was in discussions over a potential equity fundraise of USD150 million.

LONDON MARKET PRE-OPEN: Barclays buys mortgage lender for GBP2 billion

(Alliance News) - Stock prices in London are seen opening higher on Friday following a rally on Wall Street overnight and a positive day in Asia.

Lamprell says it's exploring funding options, shares tank

(Sharecast News) - Lamprell shares tanked on Friday as it said it was exploring funding options and that it had received a bid approach from major shareholder Blofeld at a "very significant" discount.

UK earnings, trading statements calendar - next 7 days

SMALL-CAP WINNERS & LOSERS: Lamprell secures rig; Treatt profit falls

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

IN BRIEF: Lamprell wins deal to upgrade three jack-up drilling rigs

Lamprell PLC - Hamriyah, United Arab Emirates-based provider of oil field services - Working with "international rig operator" for key upgrade work on three jack-up drilling rigs for deployment in Gulf region. "The first of the rigs will arrive at Lamprell's Hamriyah quayside this month and work will begin immediately. The second and third rigs will follow later," Lamprell says. Contracts is defined as "small", meaning value is below USD50 million.

SMALL-CAP WINNERS & LOSERS: Metro Bank rises, Bank of Ireland falls

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

TRADING UPDATES: Pod Point wins BMW deal; Lamprell seals contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

SMALL-CAP WINNERS & LOSERS: Amigo moves step closer to lending restart

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.