Thunderball Investments to acquire Lamprell Plc for £38.8 million
August 2022
Thunderball Investments Limited is a newly formed company owned by Blofeld Investment Management Limited and AlGihaz Holding Closed Joint-Stock Company.
Under the terms of the offer, Lamprell Plc shareholders will be entitled to receive 9 pence in cash for each Lamprell Share. The offer values the entire issued and to be issued ordinary share capital of Lamprell at approximately £38.8 million.
Lamprell has played an increasingly prominent role in the development of the offshore industry in the Arabian Gulf for over 30 years, in later years providing specialised services to the offshore oil and gas industry.
The principal markets in which Lamprell operates are:
- Upgrade and refurbishment of offshore jackup rigs;
- New build construction for the offshore oil and gas sector, including FPSO and other offshore and onshore structures; and
- Oilfield engineering services, including the upgrade and refurbishment of land rigs
Publication of Offer Document
The Perivan shareholder communications team were delighted to be appointed to produce the Offer Document and related Form of Acceptance which were successfully completed and published on 12th August 2022.
To read the full London Stock Exchange announcement click here
Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies, private companies, and open and closed-ended funds.
