07:00 Tue 01 Jun 2021
Emmerson PLC - Exercise of Warrants and Issue of Shares
Emmerson Plc / Ticker: EML / Index: AIM / Sector: Mining
Emmerson Plc ("Emmerson" or the "Company")
Exercise of Warrants and Issue of Shares
Emmerson Plc, the Moroccan focused potash development company, is pleased to announce that it has received notice of the exercise of warrants from JIM Nominees Ltd in respect of 7,833,833 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at a price of
The Company have applied for the new shares to be admitted for trading on the AIM Market and admission is expected to take place on
For the purpose of the Disclosure and Transparency Rules, following the admission of the 7,833,833 new Ordinary Shares (excluding any treasury shares) the new total number of shares in issue will be 833,244,481. Accordingly, this figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company, under the Disclosure and Transparency Rules.
The Directors of the issuer accept responsibility for the contents of this announcement.
**ENDS**
For further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:
Emmerson Plc
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+44 (0) 20 7236 1177 |
Shore Capital (Nominated Adviser and Joint Broker) |
+44 (0)20 7408 4090 |
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Shard Capital (Joint Broker)
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+44 (0)20 7186 9927 |
St Brides Partners (Financial PR/IR) Susie Geliher |
+44 (0)20 7236 1177 |
Notes to Editors
Emmerson's primary focus is on developing the Project located in
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
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