RNS Number : 5055N

Lamprell plc

01 February 2021

1 February 2021


("Lamprell" and with its subsidiaries the "Group")

PDMR Shareholdings

In accordance with the requirements of Article 19 of the EU Market Abuse Regulation No 596/2014, the Company wishes to notify the following changes in the interests in ordinary shares of 5p each in the Company ("Shares") of the following persons discharging managerial responsibilities ("PDMRs").

Following the Company's announcement on 5 October 2020 of the automatic vesting of certain awards made on 1 and 2 October 2017 under the Lamprell plc Retention Share Plan ("RSP"), the Company was notified on 30 January 2021 that the following PDMRs had increased their respective holdings of Shares as follows pursuant to the transfer of Shares from Ocorian Limited, the trustee of the Company's employee benefit trust, to satisfy those vested awards.

 Name of         No . o f              Total holding        Total percentage     No. of Shares over 
  PDMR            Shares transferred    following            holding following    which rights have 
                  to satisfy            this notification    this notification    been granted and 
                  RSPs                                                            are outstanding 
                  which vested                                                    under the Company's 
                                                                                  Share Plans 
 Hani El 
  Kurd           54,923                165,968              <0.1%                1,140,051 
                --------------------  -------------------  -------------------  --------------------- 
 Alex Ridout     55,215                89,316               <0.1%                539,486 
                --------------------  -------------------  -------------------  --------------------- 
 Peter Ireton    108,356               182,185              <0.1%                729,280 
                --------------------  -------------------  -------------------  --------------------- 

Total holding represents awards vested under the Company's plans and direct acquisitions by the PDMRs.

The total number of Shares in issue at the date of this notification was 341,726,570.

- Ends -


  Lamprell plc 
   Maria Babkina, Investor Relations    +44 (0) 7852 618 046 
   Alex Ridout                          +971 4 803 9309 
  Tulchan Communications, London    +44 (0) 207 353 4200 
   Martin Robinson 
   Martin Pengelley 

Legal Entity Identifier of the Company: 2138008NUMXRMIEDF538

Classification: Additional regulated information required to be disclosed under the laws of a Member State

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(END) Dow Jones Newswires

February 01, 2021 02:00 ET (07:00 GMT)