Brief: Emmerson Says $2.2 Mln Subscription With GSM & GQC

Emmerson

08/04/2024 07:23

April 8 (Reuters) - Emmerson PLC  EML.L :
    * Q1 UPDATE, EQUITY PLACING AND RETAIL OFFER
    * AS A RESULT OF ITS SHAREHOLDING EXCEEDING 20%, GSM WILL
HAVE
RIGHT TO APPOINT A REPRESENTATIVE TO EMMERSON'S BOARD OF
DIRECTORS
    * US$2.175 MILLION SUBSCRIPTION WITH GSM AND GQC
    * US$2.175 MILLION EQUITY PLACING WITH STRATEGIC INVESTORS &
RETAIL OFFERING
    * PLACING PRICE OF 1.75 PENCE PER SHARE

Source text for Eikon:  ID:nRSH5900Ja 
Further company coverage:  EML.L 

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