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EMU NL — Capital/Financing Update 2024
Sep 3, 2024
64851_rns_2024-09-03_225749dc-44a7-4cbe-9df4-7469a365f8d2.pdf
Capital/Financing Update
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ASX RELEASE | ASX:EMU
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4 September 2024
COMPLETION OF UNMARKETABLE PARCEL SHARE SALE FACILITY
Emu NL ( ASX: EMU ; “ EMU ” or “ the Company ”) advises that the Unmarketable Parcel Share Sale Facility ( Facility ) as announced on 22 July 2024 has closed.
As at close of trading on 19 July 2024 (the Record Date ) there were 3,927,310 shares held by 881 shareholders that had a value of less than $500 ( Unmarketable Parcel ). Shareholders who wished to retain their Unmarketable Parcel had until 5pm (AWST) on Monday 2 September 2024 ( Closing Date ) to return the Retention Form or make an online election.
The final number of shares to be sold under the Facility is 3,029,233 which will reduce the number of registered holdings by 734.
The Facility provided an opportunity for smaller shareholders to monetise their investment with no brokerage fees or other costs. The reduction in the number of shareholders will reduce administrative and registry costs.
EMU has appointed Martin Place Securities to sell the shares under the Facility, and the proceeds will be remitted to participating shareholders by direct bank transfer as soon as practical following settlement of all shares sold through the Facility PROVIDED THAT the Company is in possession of the relevant bank details. This requires those shareholders to register or to have already registered their banking details with the Company’s share registry.
For more information on the company visit www.emunl.com.au
RELEASE AUTHORISED BY THE BOARD
Contact Details: Doug Grewar - Mobile: 0419 833 604 -Email : [email protected]
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www.emunl.com.au [email protected]
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10 Walker Avenue WEST PERTH WA 6005
ASX Code: EMU ABN: 50 127 291 927