Back to all announcements

DJ Lombard Capital PLC Statement re new business opportunity

 
TIDMLCAP 
 
1 April 2020 
 
LOMBARD CAPITAL PLC 
("Lombard" or the "Company") 
 
Statement in respect of new business opportunity 
 
The Directors wish to advise shareholders of a new business opportunity being 
undertaken by the group. LCP Financial Limited has formed its own wholly owned 
subsidiary company, Waste And Recycling Solutions Limited (WARS). Robert Noel 
Malone has been appointed Managing Director of WARS. 
 
Robert Malone is 36 years old and has over 12 years of experience in the waste 
management industry and extensive connections with senior management within the 
industry. He is charged with amalgamating various disjointed sectors of the 
waste industry into a cohesive Waste Group. The first assets to be acquired 
have been identified and WARS are currently moving towards exchanging contracts 
with immediate effect. 
 
Robert states "I am pleased to announce that I have accepted the invitation 
join the Board of WARS with a prime objective to build and grow the WARS brand 
within the current challenging environment. By amalgamating assets within the 
waste industry, the resultant synergy will create efficiency and savings, which 
coupled with my experience in the waste industry, will build shareholder 
value." 
 
While WARS will seek to undertake a waste and recycling trade, LCP Financial 
Limited will continue to work towards producing secure bond investments where 
the instrument would be fully secured by tangible assets. 
 
The directors of Lombard Capital Plc accept responsibility for this 
announcement. 
 
For further information please contact: 
 
Brent Fitzpatrick 
Tel:  07718 883813 
Aquis Exchange Corporate Adviser: 
Alfred Henry Corporate Finance Limited 
Nick Michaels:  020 7251 3762 
 
 
 
END 
 

(END) Dow Jones Newswires

April 01, 2020 04:08 ET (08:08 GMT)