Lamor negotiates for a significant share in an environmental response and clean-up project in Peru

31.1.2022 11:30:01 EET | Lamor Corporation Oyj | Company Announcement

Lamor Corporation Plc     Company release, inside information    31 January 2022 at 11:30 a.m EET

Lamor negotiates for a significant share in an environmental response and clean-up project in Peru

Lamor announces that it is negotiating with Repsol for a significant share in an environmental response and clean-up project in Peru. The negotiations are related to a response and clean-up project of a significant oil spill that has taken place at Repsol's La Pampilla oil refinery. Lamor is taking part in the oil spill response phase which is already ongoing in Peru.

Lamor is currently in advanced negotiations concerning the oil spill response phase. Lamor's share of the total value of the response phase has not yet been specified. Lamor emphasises that there is no certainty regarding the outcome of the negotiations with Repsol. Lamor will disclose further information as and when appropriate.

Further enquiries

Mika Pirneskoski, CEO, Lamor Corporation Plc, tel. +358 40 757 2151

Certified adviser

Danske Bank A/S, Finland Branch, tel. +358 50 590 7667

Lamor in brief

Lamor is one of the leading global providers of environmental solutions. Lamor provides its customers with equipment used for oil recovery, waste management and water treatment as well as versatile environmental solutions and services, such as clean-up and preparedness services related to oil spill response and oil spills, services for the treatment of waste and tailored and adapted water treatment solutions. Lamor operates together with its local partners, offering a wide selection of solutions, which can be tailored according to the needs of each customer, and aiming to clean the world, for which the company has worked since its incorporation. The company's share is listed on the Nasdaq First North Premier Growth Market Finland marketplace maintained by Nasdaq Helsinki under the trading code LAMOR. Further information: www.lamor.com