Shareholder Information

Definitions

  • “AGM” – Annual General Meeting
  • “AIM”– Alternative Investment Market – a market operated by London Stock Exchange Plc
  • “API” – American Petroleum Institute
  • “ASME” – American Society of Mechanical Engineers
  • “BassDrill” – BassDrill Alpha Limited
  • “Board” or “Directors” – the Board of Directors of the Company
  • “bn” – billion
  • “BVQI” – Bureau Veritas Quality International
  • “CAD” – Canadian Dollars
  • “CEO” – Chief Executive Officer
  • “CFO” – Chief Financial Officer
  • “CSR” – Corporate Social Responsibility
  • “Company” – Lamprell plc
  • “COO” – Chief Operating Officer
  • “E&C” – Engineering & Construction
  • “EBITDA” – Earnings before Interest, Taxes, Depreciation and Amortisation
  • “EBT” – Lamprell plc Employee Benefit Trust
  • “EPC” – Engineering, Procurement and Construction
  • “EPS” – Earnings Per Share
  • “ESOP” – Lamprell plc Executive Share Option Plan
  • “FPSO” – Floating, Production, Storage and Offloading
  • “FTSE” – Financial Times Stock Exchange index
  • “FZCo” – Free Zone Company
  • “Group” – The Company and its subsidiaries
  • “H2S” – Hydrogen Sulphide
  • “HSE” – Health, Safety and Environment
  • “IAS” – International Accounting Standards
  • “IFRIC” – International Financial Reporting Interpretations Committee interpretation
  • “IFRS” – International Financial Reporting Standards
  • “INSPEC” – International Inspection Services Limited
  • “IPO” – Initial Public Offering
  • “ISO” – International Organisation for Standards
  • “KPI” – Key Performance Indicators
  • “Labour Law” – Labour Law (Federal Law No.8 of 1980 (as amended))
  • “LAL” – Lamprell Asia Limited
  • “Lamprell” – the Company and its subsidiary undertakings
  • “LD” – Lamprell Dubai LLC
  • “LEL” – Lamprell Energy Limited
  • “LHL” – Lamprell Holdings Limited
  • “LS” – Lamprell Sharjah WLL
  • “LSE” – London Stock Exchange Limited
  • “LTI” – Lost Time Incident
  • “m” – Million
  • “Mercer” – Mercer Consulting Middle East Limited
  • “MIS” – Maritime Industrial Services Co. Ltd. Inc.
  • “MIS Arabia” – Maritime Industrial Services Arabia Co. Ltd.
  • “NB” – The National Board
  • “NOK” – Norwegian Kroner
  • “O&M” – Operations and Maintenance
  • “PSP” – Lamprell plc 2008 Performance Share Plan
  • “TSR” – Total Shareholder Return
  • “UAE” – the Federation of the United Arab Emirates
  • “United States” or “US” – the United States of America
  • “USD” – US dollar