The potash developer said it is planning to cancel its listing on the standard segment of the LSE's main market and be admitted to AIM on April 27
() said it has applied for admission to trading on the AIM market of the London Stock Exchange and cancel its listing on the standard segment of the exchange’s main market.
The potash development firm said the cancellation is expected to be effective at 8am on April 27, while its AIM admission is anticipated to begin at the same time.
Announcing its plans to re-list on AIM on March 2, Emmerson said it believes the move will give the company access to a market and environment which it said is “more suited” to its current size and strategy.
The re-listing also comes ahead of the start of mine construction at the company’s Khemisset potash project, which is expected by the end of the year.
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