Lamprell plc Directorate Change (9339U)
October 30 2017 - 3:00AM
UK Regulatory
TIDMLAM
RNS Number : 9339U
Lamprell plc
30 October 2017
30 October 2017
LAMPRELL PLC
("Lamprell" and with its subsidiaries the "Group")
DIRECTORATE CHANGE
Lamprell announces the appointment of James Dewar in the role of
Non-Executive Director for the Company. Mr Dewar will join the
Board with effect from 1 November 2017. Biographical details for Mr
Dewar are set out below.
The composition of the Board Committees will be amended in light
of this appointment with Mr Dewar to be appointed as a member of
both the Audit & Risk Committee and the Remuneration &
Development Committee.
John Malcolm, Chairman, Lamprell, said:
"I am pleased to announce that Mr Dewar has agreed to join us as
a Non-executive Director as this will strengthen the Board further.
He brings many years of experience in the global energy industry,
in both executive and non-executive roles, and his knowledge of
developing group strategy and supporting the business and finance
functions at the board level will complement the current expertise
on the Board."
In accordance with the UK Listing Rules, the Company confirms
that there are no further details that are required to be disclosed
under paragraph LR 9.6.13 R of the UK Listing Rules in respect of
James Dewar other than as follows:
Current Directorships
-- None
Previous Directorships (past 5 years)
-- None
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
- 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 +44 (0) 207 353 4200
Martin Robinson
Martin Pengelley
Legal Entity Identifier of the Company: 2138008NUMXRMIEDF538
Classification: Additional regulated information required to be
disclosed under the laws of a Member State
James Dewar biography
James Dewar, 60, spent nearly 30 years working in the oil and
gas industry, many of them in senior executive roles notably in
business CFO roles and as VP Transformation and VP Global Financial
Systems for BP. He also served as Group CFO for Dana Gas PJSC, a
company listed on the Abu Dhabi Stock Exchange.
Mr Dewar retired from executive roles at the end of 2011 to take
up advisory and non-executive positions in companies operating in
key jurisdictions for the energy sector. These included PICO
Petroleum Corporation and Cheiron Petroleum in Egypt, Equus
Petroleum PLC, in London and Kazakhstan, and Viking International,
headquartered in the UAE. He has provided these companies, and
others, with the benefit of his industry experience and advice
including acting in many cases as the chair of their audit
committees, driving world class corporate governance at board
committee level.
Mr Dewar has a Bachelor's degree in Accountancy & Marketing
from Strathclyde University and is a member of the Institute of
Chartered Accountants of Scotland.
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 1.9 km of quayside.
Lamprell is listed on the London Stock Exchange (symbol
"LAM").
This information is provided by RNS
The company news service from the London Stock Exchange
END
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