Lambert Smith Hampton gets London listing

LAMBERT Smith Hampton (LSH) has become the first firm of surveyors and estate agents practising in Ireland to obtain a stock …

LAMBERT Smith Hampton (LSH) has become the first firm of surveyors and estate agents practising in Ireland to obtain a stock exchange listing. Last September, the company purchased Connell Wilson in the UK for £5 million - and last week it completed the reverse takeover of Herring Baker Harris Group and shares in the larger group, to be known as Lambert Smith Hampton, were admitted to the London Stock Exchange.

LSH will have 26 offices in the UK and Ireland and a staff of 674. The takeover values LSH shares at 159p sterling, giving the new group a stock market capitalisation of £17.6 million.