Lamprell plc Directorate Change (4042A)
December 28 2017 - 1:00AM
UK Regulatory
TIDMLAM
RNS Number : 4042A
Lamprell plc
28 December 2017
28 December 2017
LAMPRELL PLC
("Lamprell" and with its subsidiaries the "Group")
DIRECTORATE CHANGE
Lamprell announces that Ellis Armstrong has decided not to stand
for re-election as a Director at the 2018 Annual General Meeting
("AGM"). Dr. Armstrong has been an independent Non-executive
Director for Lamprell since 27 May 2013 and he, together with the
Lamprell Board, recognise the importance of refreshing its
independent directors at appropriate times. With effect from 1
January 2018, Mr. James Dewar will replace Dr. Armstrong in the
role of chair of the Audit & Risk Committee. Until the 2018
AGM, Dr. Armstrong will continue in his roles as the Company's
Senior Independent Director and as a member of the Company's
principal board committees.
John Malcolm, Chairman, Lamprell, said:
"On behalf of the Board, I would like to thank Ellis for his
counsel and support over the past five years and I wish him all the
best for the future."
Full year results for 2017 will be announced on 22 March 2018.
The Group is planning to hold the 2018 AGM for Lamprell plc on
Wednesday 23 May 2018.
- Ends -
Enquiries:
Lamprell plc
Christopher McDonald, Chief
Executive Officer +971 (0) 4 803 9308
Tony Wright, Chief Financial
Officer +971 (0) 4 803 9308
Maria Babkina, Investor Relations +44 (0) 7852 618 046
Tulchan Communications, London +44 (0) 207 353 4200
Martin Robinson
Martin Pengelley
Notes to editors
Lamprell PLC, based in the United Arab Emirates ("UAE") and with
over 40 years' experience, is a leading provider of fabrication,
engineering and contracting services to the offshore and onshore
oil & gas and renewable energy industries. The Group has
established leading market positions in the fabrication of
shallow-water drilling jackup rigs, liftboats, land rigs, and rig
refurbishment projects, and it also has an international reputation
for building complex offshore and onshore process modules and fixed
platforms.
Lamprell employs more than 6,000 people across multiple
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 joint venture
agreement). Combined, the Group's facilities cover approximately
828,000 m2 with 1.9 km of quayside.
Lamprell is listed on the London Stock Exchange (symbol
"LAM").
This information is provided by RNS
The company news service from the London Stock Exchange
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