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On 17 February 2005 Lombard Risk received
a notice of exercise in respect of a warrant held by Singer
& Friedlander Limited (“S&F) to subscribe for
2,332,224 ordinary shares in the Company at the par value
of 0.5p per share, this being equivalent to 2.25 per cent
of the issued share capital at the time of the Company’s
admission to AIM. Following the warrant exercise, S&F
have no further rights under the warrant.
The Company has today made application
for admission of the 2,332,224 new ordinary shares to trading
on the AIM market of the London Stock Exchange. These shares
will rank pari passu with all existing ordinary shares and
dealings are expected to commence in the new ordinary shares
on 24 February 2005. The total number of shares in issue following
the exercise of the warrant is 118,208,831.
On 17 February 2005, S&F sold 1,300,000
ordinary shares and now hold 1,032,224 ordinary shares representing
0.87% of the current issued share capital.
For further information please contact:
Lombard Risk Management plc:
John Wisbey, Chairman and CEO
Tel : +44 (0)20 7384 5000
Click here to email Lombard Risk's Investor Relations team
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