5 Sep 2022 13:00
5 September 2022
LAMPRELL PLC("Lamprell" or the "Company" and together with its subsidiaries the "Group")
Listing Application
Lamprell announces that an application has been made to the London Stock Exchange and FCA for a total of 10,621,178 ordinary shares of 5 pence each in the Company to be admitted to the Official List of the FCA and admitted to trading on the London Stock Exchange.
These shares will be allotted in accordance with the Company's Performance Share Plan and Retention Share Plan.
Admission is expected to become effective on 8 September 2022.
The shares will be issued fully paid and will rank pari passu in all respects with the existing issued ordinary shares of the Company.
For further information, please contact:
Lamprell plc
Maria Babkina, Investor Relations: +44 (0) 7852 618 046
Investec Bank plc
Chris Sim / Henry Reast / Ben Farrow +44 (0) 20 7597 5970
Tulchan Communications, London
Martin Robinson / Martin Pengelley / Guy Bates +44 (0) 207 353 4200
Notes to editors
Lamprell is a leading provider of services to the international energy sector. Driving strategy and growth through its Renewables, Oil & Gas and Digital business units, underpinned by almost half a century of expertise, the Group has worked hard to establish its reputation for delivering projects safely, on time and to budget.
The Group has firmly established its international credentials in the renewables sector as well as continuing to build on its traditional oil and gas credentials. We are recognised for building complex offshore and onshore process modules and platforms, fabricating and refurbishing jack-up rigs and liftboats.
Lamprell employs more than 4,000 people across multiple facilities, with its primary facilities located in Hamriyah, in the UAE. Combined, the Group's facilities cover approximately 800,000m2 with over 1.5 km of quayside. In addition, the Group has facilities in Saudi Arabia (through a joint venture agreement). Lamprell is listed on the London Stock Exchange (symbol "LAM").
Legal Entity Identifier of the Company: 2138008NUMXRMIEDF538