TIDMLAM

RNS Number : 9548O

Lamprell plc

23 May 2018

23 May 2018

LAMPRELL PLC

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

DIRECTORATE CHANGE

Lamprell announces that the Board has appointed Debra Valentine as the new Senior Independent Director, replacing Ellis Armstrong. Ms. Valentine has been an independent Non-executive Director since 1 September 2015. As previously announced, Dr. Armstrong decided not to stand for re-election as a Director at the 2018 Annual General Meeting.

- 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 
   Martin Robinson                    +44 (0) 207 353 4200 
   Martin Pengelley                   +44 (0) 207 353 4200

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 5,000 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 more than 1.6 km of quayside.

Lamprell is listed on the London Stock Exchange (symbol "LAM").

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

BOAAJMJTMBMTMBP

(END) Dow Jones Newswires

May 23, 2018 02:01 ET (06:01 GMT)

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