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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lambert Hwth. | LSE:LMBT | London | Ordinary Share | GB0005017966 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
For immediate release 17 May 2007 Potential Fundraising Lambert Howarth Group plc (the "Company") As announced on 1 May 2007, the Company requires additional funding and has been in discussions with various existing shareholders and new investors since April 2007, however the terms of a potential fundraising have yet to be agreed. The Company remains in discussions with its lending bank and investors but it is likely that any fundraising would involve an issue of equity or alternative convertible instrument at a value that represents a significant discount to the current share price of 49.50p. There can be no guarantee that such a fundraising will be completed, in which case the Board would pursue alternative options which could include the sale of all or part of the Company. The Company's lending bank remains supportive of this process. A further announcement will be made when appropriate. Pamela Harper Chief Executive Officer Enquiries: Lambert Howarth Group plc Fred Vinton - Chairman 020 7306 3958 Pamela Harper 020 7258 9917 END
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