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IN BRIEF: Lamprell auditors request delay in publishing annual results

Thu, 13th May 2021 19:17

Lamprell PLC - United Arab Emirates-based provider of oil field services - Is progressing the establishment of an export credit agency backed working capital facility with certain banks, which will go towards additional funding for the IMI rigs project.

The facility is in advanced stages of negotiation, and as a result Lamprell's auditors Deloitte has requested a short delay in the publication of the company's annual results, which was previously scheduled for Monday next week.

Current stock price: 62.50 pence

Year-to-date change: up 25%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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