Lamprell SID to step down

Lamprell senior independent non-executive director Ellis Armstrong has decided not to seek re-election at the 2018 annual general meeting.

Lamprell said that Armstrong had been an independent non-executive director since 27 May 2013 and he, together with the board, recognised the importance of refreshing its independent directors at appropriate times.

Lamprell said Armstrong would continue in his roles as SID and as a member of the company's principal board committees until the AGM but James Dewar would replace him as chairman of the audit and risk committee from 1 Jan.

Chairman John Malcolm said: 'On behalf of the board, I would like to thank Ellis for his counsel and support over the past five years and I wish him all the best for the future.'

At 8:00am: (LON:LAM) Lamprell PLC share price was -1.25p at 77.5p