EXCHANGE - LME to continue to work from recovery sites until early Sept

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Ewa Mantheyewa.manthey@fastmarkets.comCorrespondent+44 (0) 20 7337 2146

London 24/08/2016 - The London Metal Exchange (LME) and LME Clear will continue to work from their recovery sites in Chelmsford and Wapping until early September, the exchange said today.

A structural issue within the upper floors of the building that houses the LME premises in London was discovered last month.

The problem does not directly involve the LME's ring or offices but the landlord has temporarily closed access to the whole building as a precaution.

The LME has been informed by the building manager of 10 Finsbury Square that the repairs and building checks scheduled for completion early in the week of August 22 have been set back to allow for further precautionary testing to be carried out, the exchange said.

(Editing by Mark Shaw)



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