Key Developments: Lamprell PLC (LAM.L)

LAM.L on London Stock Exchange

124.75GBp
19 Dec 2014
Price Change (% chg)

2.50p (+2.05%)
Prev Close
122.25p
Open
126.00p
Day's High
126.00p
Day's Low
120.75p
Volume
216,890
Avg. Vol
414,534
52-wk High
178.00p
52-wk Low
110.78p

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Latest Key Developments (Source: Significant Developments)

Lamprell Plc announces disposal of Litwin service business
Tuesday, 2 Dec 2014 02:00am EST 

Lamprell Plc:Enters into an agreement for the sale of one of smaller non-core service businesses, Litwin PEL LLC ('Litwin'), to Nauvata group of companies for an enterprise value of $3.0 mln.Says it will use the proceeds from this disposal to support general working capital requirements on its core business streams.  Full Article

Lamprell Plc reaffirms FY 2015 revenue guidance
Thursday, 13 Nov 2014 02:00am EST 

Lamprell Plc:Maintains FY 2015 revenue expectation and expects to be broadly flat on FY 2014.  Full Article

Lamprell Plc secures contract from National Drilling Company
Wednesday, 12 Nov 2014 03:43am EST 

Lamprell Plc:Announces that it has received a new contract award from National Drilling Company, Abu Dhabi, for the construction and delivery of two further high specification jackup drilling rigs of a Super 116E (Enhanced) Class.Says this contract award is valued at about $ 365 million.  Full Article

Lamprell Plc announces change in management
Friday, 17 Oct 2014 02:01am EDT 

Lamprell Plc:Says that Joanne Curin, Chief Financial Officer, has decided to stand down from Board of Lamprell plc and as Chief Financial Officer.Jo has guided business through key period and will facilitate the hand-over process over the coming month.Says search to find successor will start immediately and an announcement will be made in due course.During search period, Tony Wright (currently Vice President Finance) has been appointed to role of Deputy Chief Financial Officer.  Full Article

Lamprell Plc reaffirms FY 2015 revenue outlook
Thursday, 28 Aug 2014 02:03am EDT 

Lamprell Plc:Continues FY 2015 revenue to be broadly flat on FY 2014 with significantly fewer major project completions in FY 2015.The company reported revenue of $1.041 bln in FY 2014.FY 2015 revenues of $1.027 bln - Thomson Reuters I/B/E/S.  Full Article

Lamprell Plc receives new contract
Thursday, 19 Jun 2014 02:00am EDT 

Lamprell Plc:Receives new contract award from Petrofac Emirates L.L.C. for fabrication and delivery of 29 modules.  Full Article

Lamprell Plc announces contract win
Tuesday, 27 May 2014 02:01am EDT 

Lamprell Plc:Received a new contract award from subsidiary of Shelf Drilling, Ltd.For construction and delivery of two high specification, LeTourneau-designed, self-elevating Mobile Offshore Drilling Platforms of a Super 116E (Enhanced) Class.  Full Article

Lamprell receives contracts from Ensco Intercontinental
Tuesday, 15 Apr 2014 09:27am EDT 

Lamprell Plc:Receives new contract award from Ensco Intercontinental GmbH, a subsidiary of Ensco plc (Ensco).For construction and delivery of two high specification, LeTourneau-designed, self-elevating Mobile Offshore Drilling Platforms of a Super 116E Class.Under the terms, Ensco also has options for Lamprell to build two further jackup rigs of the same design and these options are exercisable within a period of six months from the effective date of the contract.Contract is valued at about $390 mln (excluding the options).  Full Article

Lamprell Plc gives FY 2014 revenue outlook in line with analysts' estimates-Conference Call
Wednesday, 26 Mar 2014 05:30am EDT 

Lamprell Plc:Expects FY 2014 revenues to be marginally lower than FY 2013.The company reported revenue of $1.092 bln in FY 2013.FY 2014 revenues of $1.004 bln - Thomson Reuters I/B/E/S.  Full Article

Lamprell Plc not to pay dividend
Wednesday, 26 Mar 2014 03:00am EDT 

Lamprell Plc:Says the group will not be paying a dividend for the twelve-month period ended Dec. 31, 2013.  Full Article

Lamprell gets $365 mln rig contract from Abu Dhabi's NDC

Nov 12 - British rig maker Lamprell Plc received a new contract worth about $365 million from Abu Dhabi's National Drilling Co for two jackup drilling rigs.

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