Lamprell PLC (LAM.L)
|Market Cap (Mil.):||£508.32|
|Shares Outstanding (Mil.):||341.73|
LONDON, June 30 - Oil rig maker Lamprell said it expected its full-year earnings to be ahead of expectations, although it noted this would be heavily weighted towards the first half of the year.
* Pleased to announce that 5 for 16 rights issue of 81,363,469 new ordinary shares at 88 pence per new ordinary share announced on 16 May 2014 closed for acceptances at 11.00 a.m. (UK time) on 25 June 2014
* New contract award from Ensco Intercontinental GMBH, a subsidiary of Ensco Plc
LONDON, March 26 - Oil rig maker Lamprell reported pre-tax profit of $40 million on Wednesday, as the Dubai based company swung back into the black after heavy losses in 2012, but warned revenue this year and next would be lower.
LONDON, March 3 - Dubai based rig-maker Lamprell said on Monday it sold its International Inspection Services (INSPEC) division to Intertek for $66.2 million to reduce its debt and focus on its core business.