Emmerson Resources Scheme Becomes Effective
Key points
- Emmerson Resources Scheme becomes legally effective
- Trading of Emmerson Shares to be suspended
- Emmerson Shareholders to receive 0.1493 New Pan African CDIs
- Scheme Consideration to be issued on 1 July 2026
Full summary
Emmerson Resources Limited (ASX: ERM) announced that the Court-approved scheme of arrangement for the acquisition of 100% of its shares by Pan African Resources plc (Pan African) is now legally effective. Emmerson confirmed the lodging of Court Orders with ASIC and the suspension of trading from close of business on 22 June 2026. Eligible Emmerson Shareholders will receive 0.1493 New Pan African CDIs for each Emmerson Share held at the Record Date. The Scheme Consideration is expected to be issued on 1 July 2026.
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