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; email@example.com
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