1st Aug 2013 07:00
1 August 2013
LAMPRELL PLC("Lamprell" and with its subsidiaries the "Group")
UPDATE ON REFINANCING OF DEBT FACILITIES
Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, is pleased to announce that, further to its announcement on 19 July 2013, the Group has satisfied the conditions for utilisation on its new banking facilities and that Lamprell has now drawn down on these facilities. The agreement remains subject to certain conditions subsequent which Lamprell anticipates being satisfied in the next few weeks.
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Enquiries:
Lamprell plc | |
John Kennedy, Chairman | +44 (0) 207 920 2347 |
Jim Moffat, Chief Executive Officer | +971 (0) 4 803 9308 |
Frank Nelson, Chief Financial Officer | +971 (0) 4 803 9227 |
Ekaterina Alferova, Investor Relations | +44 (0) 7570 813428 |
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