Lombard Risk Management Regulatory News (LRM)

12 July 2013

Lombard Risk Management plc

("Lombard Risk" or the "Company")

AGM statement

Lombard Risk Management plc (LSE: LRM), a leading global provider of integrated collateral management, liquidity and regulatory reporting and compliance solutions for the financial services industry, will be holding its AGM at 2.00pm today. At the meeting Chairman Philip Crawford will make the following statement:

"The Company was pleased to announce earlier today that it has raised £2.6 million through a Placing and Subscription of new ordinary shares. The Placing was in response to strong investor demand and the proceeds will enable the Company to accelerate development of its regulating reporter products and will additionally strengthen the Company's balance sheet.

Trading since the year end has been in line with the Company's own expectations and the Company remains on target to achieve the market growth forecasts for the current year. These growth expectations are supported by recent new licence wins announced in recent days, including a large contract win for a major Asian bank and a significant software licence sale to Bank Leumi in the UK and US."

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