12 Mar 2012 07:00
12 March 2012
LAMPRELL PLC
("Lamprell" or the "Group")
Lamprell announces appointment of Non-Executive Director
Lamprell (ticker: LAM), ("Lamprell" or the "Company"), a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry, makes the following announcement:
Further to the announcement made on 13th February 2012 concerning the forthcoming retirement of Richard Raynaut from the Board of the Company, Lamprell is pleased to announce the appointment of Deena Mattar as a non-executive director of the Company. Deena's appointment is with effect from 1st April 2012, and it is anticipated that Deena will assume the chairmanship of the Company's Audit Committee upon the retirement of Richard Raynaut from the Board at the end of the 2012 Annual General Meeting.
Deena served as Group Finance Director of Kier Group plc, a major construction, property and services group, from 2001 to 2010, having joined Kier in 1998 as Finance Director of Kier National, a major division of the group. Prior to this she held senior positions at KPMG where she was involved in both audit and transaction services. Deena is a Fellow of the Institute of Chartered Accountants in England and Wales and a non-executive director of Invensys plc and RM plc.
Jonathan Silver, Chairman, said:
"I would like to welcome Deena to Lamprell. I am confident that Deena will further strengthen the Lamprell Board and that she will make a valuable contribution to the Company at this exciting phase in its development."
In accordance with the UK Listing Rules, the Company confirms that there are no further details that are required to be disclosed under paragraph LR 9.6.13 R of the UK Listing Rules in respect of Deena Mattar.
- Ends -
Enquiries:
M:Communications, London | |
Patrick d'Ancona | +44 (0) 207 920 2347 |
Andrew Benbow | +44 (0) 207 920 2344 |
Lamprell Rana Said | rsaid@lamprell.com +971504625069 |
Notes to editors
Lamprell, based in the United Arab Emirates ("UAE"), and with operations throughout the region, has played a prominent role in the development of the offshore industry in the Arabian Gulf for over 30 years and is the regional market leader in the rig market. Lamprell is a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries.
Lamprell employs over 14,000 people across six facilities, with its primary facilities located in Hamriyah, Sharjah and Jebel Ali, all of which are in the UAE. In addition, the Group has facilities in Saudi Arabia (through a JV agreement) and Kuwait. Combined, the Group's facilities provide a total area of over 925,000 m² with 2.2 km of quayside.
Oil & Gas
·; New build offshore
·; Rig refurbishment
·; Engineering & Construction
·; Land rig services
Renewable Energy
·; Wind farm installation vessels
·; Transformer stations
·; Foundations
·; Jackets, topsides and substructures
Services
·; Engineering services
·; INSPEC (NDT and calibration services)
·; Sunbelt H2S safety services
·; Operations & Maintenance
www.lamprell.com