Result of General Meeting

RNS Number : 0162Q
Emmerson PLC
01 June 2018
 

Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining

 

1 June 2018

 

Emmerson Plc

("Emmerson" or the "Company") 

Result of General Meeting

 

Emmerson Plc is pleased to announce that its General Meeting was held earlier today, and all resolutions were duly passed. 

 

As per the terms of the resolutions (see announcement dated 9 May 2018) 333,333,333 Ordinary Shares of no par value ("Ordinary Shares") are to be issued pursuant to the acquisition of Moroccan Salts Limited ("MSL") in addition to the 200,000,000 Ordinary Shares conditionally placed by the Company's broker Optiva Securities Limited at a price per share of three pence and the 30,115,708 Convertible Loan Note Shares and 14,500,000 Fee Shares that have been issued and allotted.

 

As such, application has been made for the total of 626,132,38 Ordinary Shares to be admitted to trading on the Official List of the UK Listing Authority and to trading on the Main Market of the London Stock Exchange plc ("Admission"). 

 

It is anticipated that Admission will become effective and that dealings in the Ordinary Shares will commence at 08.00 am on 4 June 2018. 

 

**ENDS**

 

For further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact: 

Hayden Locke

Emmerson Plc

Tel: +44 (0) 207 236 1177

Edward McDermott

 



James Biddle

Roland Cornish

Beaumont Cornish Limited

Financial Adviser

 

Tel: +44 (0) 207 628 3396

 

Jeremy King

 

Optiva Securities Limited

Broker

Tel: +44 (0) 3137 1904




Lottie Wadham

Susie Geliher

St Brides Partners Ltd

Financial PR/IR

Tel: +44 (0) 20 7236 1177







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.

 

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated by the FCA in the conduct of investment business, is acting exclusively for the Company and for no-one else in connection with the Placing and Admission and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Beaumont Cornish or for providing advice in relation to the contents of the Document, Admission, or any transaction, arrangement, or other matter referred to in the Document.

 

Optiva Securities Limited ("Optiva"), which is authorised and regulated by the FCA in the conduct of investment business, is acting exclusively for the Company and for no-one else in connection with the Placing and Admission and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Optiva or for providing advice in relation to the contents of the Document, the Placing, Admission, or any transaction, arrangement, or other matter referred to in the Document.

 


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