Emmerson Shareholders Approve Acquisition Scheme
Key points
- 78.7% of shareholders voted in favor of the scheme
- 90.81% of total votes cast were in favor
- Court approval hearing scheduled for June 19, 2026
Full summary
Emmerson Resources Limited (ASX: ERM) announced that its shareholders have approved the proposed acquisition of 100% of its shares by Pan African Resources plc via a Court-approved scheme of arrangement. The Scheme Resolution was passed by 78.7% of shareholders present and voting and 90.81% of the total votes cast. Emmerson will apply for Court approval on June 19, 2026. If approved, the scheme will become effective on June 22, 2026, with trading suspension on the ASX from June 22 and implementation on July 1, 2026.
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