26th Sep 2006 07:04
Lombard Risk Management PLC26 September 2006 For immediate release 26 September 2006 Lombard Risk Management plc (the "Company" or "LRM") Director Shareholding Following the successful second and final tranche of earn-out consideration inrespect of the acquisition of STB Systems Ltd, LRM announces that MichaelThomas, a founder and CEO of STB Systems Ltd, and a director of the Company,acquired a further 996,660 ordinary shares in the Company on 21 September 2006.The board of LRM has been informed that as a result of this acquisition, MichaelThomas's total shareholding in the company is now 4,808,360 shares, representing3.6% of the current issued share capital. Other Shareholdings As a result of the second earn-out consideration in respect of the acquisitionof STB Systems Ltd, two further shareholders now own in excess of 3% of issuedshares in the Company. On 21 September 2006 Anthony Brown, a founder anddirector of STB Systems Ltd acquired a further 996,660 in the Company, and RoyalBank Ventures Investments Ltd acquired a further 2,003,820 ordinary shares inthe Company. These shareholders' total holdings in the Company are now as follows: Shareholder Total shares held Representing (%)Anthony Brown 4,808,360 3.6%Royal Bank Ventures Investments Ltd 5,608,824 4.1% The ordinary shares referred to above are ordinary shares of 0.5p per share. Enquiries: Lombard Risk Management plc: Tel: +44 (0)20 7384 5000John Wisbey, Chairman and CEOSpencer Backhouse, Company Secretary Noble & Company Limited (Nominated Advisors) Tel: +44 (0)20 7763 2200Matthew Hall, Director This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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