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LMT Lombard Med.Tec

188.50
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lombard Med.Tec LSE:LMT London Ordinary Share GB00B7FT8W85 ORD 20P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 188.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 188.50 GBX

Lombard Medical Technologies (LMT) Latest News

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Lombard Medical Technologies (LMT) Discussions and Chat

Lombard Medical Technologies Forums and Chat

Date Time Title Posts
05/8/201412:06Lombard Medical Technologies - A New Dawn1,828
12/1/201111:18NICE APPROVAL NOW FDA APPROVAL134
03/9/200908:30HOT STOCK SOON.33
02/9/200914:46shareprice drift big opportunity7

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Lombard Medical Technologies (LMT) Most Recent Trades

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Lombard Medical Technologies (LMT) Top Chat Posts

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Posted at 30/4/2014 07:02 by skinny
London, UK, 29 April, 2014 - On 26 February 2014, Lombard Medical (AIM: LMT), the specialist medical device company focused on Endovascular Aortic Repair of abdominal aortic aneurysms, announced that it had published a circular which set out the Board of Directors' recommendations to, inter alia, reorganise the Lombard Medical Group pursuant to a Court approved scheme of arrangement (the "Scheme") so that Lombard Medical becomes a directly-owned subsidiary of Lombard Medical, Inc ("LM, Inc"). The Court Hearing, adjourned from 14 April 2014, was held today and the Scheme has been approved.

On 25 April 2014 the Company announced the suspension of the Company's shares from trading on AIM. In addition, on the 25 April, LM, Inc. announced the pricing of the IPO of LM, Inc shares on the NASDAQ Global Market. LM, Inc shares commenced trading on the NASDAQ Global Market on 25 April.

The Scheme is expected to become effective tomorrow morning, 30 April 2014, following delivery of the Court Order to the Registrar of Companies for registration.

At 7.00 a.m. BST (2.00 a.m. ET) tomorrow shares in Lombard Medical, will be cancelled on AIM.

This press release and the information it contains is not for publication or distribution, directly or indirectly, in or into the United States. This press release is not intended to, and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.


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Posted at 25/4/2014 20:48 by nod
1.60 takes LMT (EVAR) back to its 12 month low. This is now a huge 30% to 40% below the original price range set by the advisors. Markets have not fallen anything like 30%~40% so the low price is not down to the market falling.This listing was a mess. The advisors were poor throughout. It looks like they gave LMT an inflated price to get the listing on their books. Like dodgy estate agents. Once again, the only winners have been the financial advisors.What has been the cost of this listing?This will appear in the Final Results as exceptionals but it is real money gone.Hopefully in the long run Nasdaq will be a better place for remaining shareholders. It may take a year or two though.
Posted at 25/4/2014 08:42 by skinny
London, UK, 25 April, 2014- On 26 February 2014, Lombard Medical (AIM: LMT), the specialist medical device company focused on Endovascular Aortic Repair of abdominal aortic aneurysms, announced that it had published a circular which set out the Board of Directors' recommendations to, inter alia, reorganise the Lombard Medical Technologies Group pursuant to a Court approved scheme of arrangement (the "Scheme") so that Lombard Medical becomes a directly-owned subsidiary of Lombard Medical, Inc ("LM, Inc").

Earlier today, LM, Inc. announced the pricing of the initial public offering on the NASDAQ Global Market of 5,000,000 ordinary shares at a price to the public of $11 per share, raising $55 million. In addition, LM, Inc. has granted the underwriters a 30-day option to purchase up to an additional 750,000 ordinary shares from LM, Inc.

Ahead of the Court Hearing to approve the Scheme, scheduled to take place on Tuesday 29 April 2014, shares in the Company will be suspended from trading on AIM from 7.30 a.m. BST today.

Following Court approval, the Scheme is expected to become effective on 30 April 2014 and trading in shares in the Company will be cancelled on AIM at 7.00 a.m. BST (2.00 a.m. ET).

Shares in LM, Inc. are expected to commence trading on the NASDAQ Global Market at 2.30 p.m. BST (9.30 a.m. ET) on 30 April 2014.

This press release and the information it contains is not for publication or distribution, directly or indirectly, in or into the United States. This press release is not intended to, and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.


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Posted at 23/4/2014 22:02 by 25october1969
Lombard Medical, which offers innovative stent-grafts for highly angled endovascular aortic repair, revived plans for its upcoming IPO and lowered the proposed deal size on Wednesday. The Oxfordshire, United Kingdom-based company postponed its IPO in early April but now plans to raise $55 million by offering 5.0 million shares at $11. The company had previously filed to offer 3.6 million shares at a range of $15 to $18. At the midpoint of the revised range, Lombard will raise 8% less in proceeds than previously anticipated.

Lombard Medical, which was founded in 2003 and booked $7 million in sales for the fiscal year ended December 31, 2013, plans to list on the NASDAQ under the symbol EVAR. It initially filed confidentially on January 22, 2014. Jefferies and Barclays are the joint bookrunners on the deal. It is expected to price on April 24, 2014 .

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Posted at 04/4/2014 07:08 by 25october1969
My guess, knowing the way the markets work, is that the price rise over the last two days is due to "insiders" knowing that they have got the placing away at a good price. Next task is to make sure that price does not fall on listing so I hope they sold a good story to US investors
Posted at 06/3/2014 21:35 by nod
I fully agree with all those posts today - it's not a level playing field and the PIs get shafted all the time. This is common across the LSE these days as all companies are using the same set of brokers with the same greedy mentality and disregard for PIs.I've been complaining about this on PTEC where a placing of 45 million shares (326 million quid) is limited to institutions and their mates and directors. Fortunately in many of these situations the share price tends to fall close to the listing price and often below it as many instis sell quickly to make a quick buck. So PIs will often get a chance to buy close to the issue price or maybe below it.In the case of LMT, I think the move to Nasdaq will be beneficial and greatly increase interest and liquidity in the shares. I'm happy to hold these as LMT is finally selling products and prospects look brighter than ever.I decided not to add as I thought the share price may become volatile ahead of the delisting on London and a lower price may be possible before d-day.
Posted at 06/3/2014 16:25 by stable
I have been in Lmt for years, and intend to keep current holdings, but, recent events have shown that company and house broker have no interest in small stock holder as they are forced to do what the big boys want to do
I am sure that all those large holders know so much more than we do and one of those details is the price that is going to be used when new money is raised in the US of A.
Also I believe the Japaneses news that was until recently expected 1 st quarter
this year has been delayed to suit LMT so that after we go to Nasdq there will be an announcement giving a boost to the shareprice and all those very lucky us holders.
The volume recently seen does not justify a 12.5 percent fall without some prior knowledge.
Perhaps I am letting my imagination grow but I will stay until something makes me feel differently, but it does not stop me feel that I have been taken over a barrell and been f.....d.
Posted at 06/3/2014 13:27 by munkychunky
The share price moves so much as the market for LMT is not very liquid. I am of the opinion that the IIs already invested would have had first refusal with regard to taking part in any placing - thats just my opinion - I don't know...

Since the announcement of the move to aim there had always been included in the news releases disclosure with regard to further financing, but the first time I've seen figures mentioned was in the publication of the circular.
Posted at 15/2/2014 00:43 by nod
I am very tempted to add some shares ahead of the Nasdaq IPO. It looks as if the share price is just waiting for the move. LMT probably want to be in a position to present some good sales news in the IPO document.
Posted at 17/10/2013 12:32 by shorewalk
At least didn't get screwed over as badly as Aerotech. Medtronic will no doubt be the eventual owner of LMT and may get at a lower price as a consequence, but still at a substantial premium to todays share price Damaging a company whose product is as beneficial as this might not have reflected too well with medical profession and affected other areas of their business. Although Medtronic is so big they probably spend more on printer ink than the value of LMT. Part of dropping legal is they would be scrutinized if they bought shares or made a bid whilst in a wrangle IMHO
Lombard Medical Technologies share price data is direct from the London Stock Exchange

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