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EML Emmerson Plc

0.725
0.00 (0.00%)
18 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Emmerson Plc LSE:EML London Ordinary Share IM00BDHDTX83 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.725 0.70 0.75 0.738 0.725 0.725 3,099,575 08:00:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 18.37M 13.22M 0.0116 0.62 8.26M

Issue of Equity/Dealings by Directors

08/06/2011 7:00am

UK Regulatory



 
TIDMEML 
 
For Immediate Release: 8 June 2011 
 
                                Emerging Metals 
                           ("EML" or the "Company") 
 
                     Issue of Equity/Dealings by Directors 
 
The Company is pleased to announce that, following a board meeting on 27 May 
2011, it yesterday allotted 4,618,173 new ordinary shares of nil par value in 
lieu of salary and fee payments to directors. The new shares have been issued 
in respect of 100% of Directors' remuneration at month end mid-market prices/ 
exchange rates (USD/GBP) in respect of the eight month period October 2010 
through May 2011. The volume weighted average issue price in respect of each 
director was approximately 2.8113p. 
 
Application will be made for the new ordinary shares, which rank pari passu in 
all respects with the Company's existing ordinary shares, to be admitted to 
trading on AIM which is expected to occur no later than 14 June 2011. Following 
the issue, the Company's total issued ordinary share capital will be 
360,187,559 Ordinary Shares. 
 
The number of shares issued in respect of each director is as set out below: 
 
Name               Number of new    Resultant holding of   Percentage of 
                   shares           Ordinary Shares        enlarged share 
                                                           capital 
 
Mitch Alland       596,050          6,283,861              1.74% 
 
Denham Eke         2,233,973        5,759,136              1.60% 
 
Patrick Weller     596,050          4,468,784              1.24% 
 
Steve Dattels*     596,050         21,820,313              6.06% 
 
James Mellon**     596,050         31,333,493              8.70% 
 
* - Stephen Dattels' entire shareholding is held by Yvoire Investments Limited, 
which is beneficially owned by Stephen Dattels. 
 
** - Jim Mellon's shareholding is held in part by himself and in part by 
Galloway Limited, a company which is indirectly wholly owned by the trustee of 
a settlement under which Jim Mellon has a life interest. 
 
For further information 
 
Emerging Metals     Religare Capital    Evolution           GTH Communications 
Limited             Markets             Securities Limited 
 
Denham Eke          Peter               Romil Patel         Toby Hall 
                    Trevelyan-Clark 
                                        Tim Redfern         Christian Pickel 
                    Emily Staples 
 
+44 (0) 1624 639396 +44 (0) 20 7444     +44 (0)20 7071 4300 +44 (0) 20 3103 
                    0800                                    3902 
 
 
 
END 
 

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