COMPLETION OF SALE OF UNMARKETABLE PARCELS OF SHARES
Released
Released
Announcement PDF
EMU NL
ABN 50 127 291 927
EXCHANGE RELEASE
COMPLETION OF SALE OF UNMARKETABLE PARCELS OF SHARES
4 March 2015
Emu NL (Emu or the Company) advises the completion of the sale of unmarketable
parcels as announced on 5 January 2015. The non-compulsory Share Sale Facility
(Facility) was offered to all shareholders with a holding in the Company valued at
less than a marketable parcel of shares ($500).
Under the Facility, 1,297,456 shares were sold on market at an average price of
$0.032 cents per share. The transaction costs associated with the sale of the shares
has been paid by the Company.
The number of shareholders in Emu has reduced from approximately 533 to
approximately 314, enabling the Company to significantly reduce administrative costs
associated with maintaining its share register. Emu would like to thank all of the
shareholders who participated in this process (both old and new).
Proceeds from the sale will be mailed to shareholders as soon as practicable.
Greg Steemson
Managing Director
10 Walker Avenue, West Perth, WA 6005, PO Box 1112, West Perth, WA 6872
T +61 8 9226 4266, E info@emunickel.com.au, www.emunickel.com.au
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