Completion of Unmarketable Parcel Share Sale Facility
Released
Released
Announcement PDF
ASX RELEASE | ASX:EMU
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: info@emunl.com.au
- END -
www.emunl.com.au
info@emunl.com.au
10 Walker Avenue
WEST PERTH WA 6005
ASX Code: EMU
ABN: 50 127 291 927
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