Business
Change of Nominated Advisor and Joint Broker
Change of Nominated Advisor and Joint Broker.
About this update from Emmerson Plc
[{"type":"text","content":"\n\nEmmerson PLC / Ticker: EML / Index: AIM / Sector: Mining\n1 July 2024\nEmmerson PLC (\"Emmerson\" or the \"Company\")\n \nChange of Nominated Advisor and Joint Broker\n \nEmmerson PLC (\"Emmerson\" or the \"Company\"), the Moroccan focused potash development company, is pleased to announce that, following the completion of the all-share merger between Liberum Capital Limited and Panmure Gordon Group Limited, the Company has changed its Nominated Adviser and Joint Broker to Panmure Liberum Limited with immediate effect.\n \n**ENDS**\n \nFor further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:\n \n\n\n\n\nEmmerson PLC\nGraham Clarke / Jim Wynn / Charles Vaughan\n \n\n\n+44 (0) 207 138 3204\n \n\n\n\n\nPanmure Liberum Limited (Nominated Advisor and Joint Broker)\nScott Mathieson / Matthew Hogg\n \n\n\n+44 (0)20 3100 2000\n\n\n\n\nShard Capital LLP (Joint Broker)\nDamon Heath / Isabella Pierre\n \n\n\n+44 (0)20 7186 9927\n \n\n\n\n\nBlytheRay (Financial PR and IR)\nTim Blythe / Megan Ray / Said Izagaren\n \n\n\n+44 (0) 207 138 3204\n \n\n\n\n\nNotes to Editors\nEmmerson is focused on advancing the Khemisset project (\"Khemisset\" or the \"Project\") in Morocco into a low cost, high margin supplier of potash, and the first primary producer on the African continent. With an initial 19-year life of mine, the development of Khemisset is expected to deliver long-term investment and financial contributions to Morocco including the creation of permanent employment, taxation, and a plethora of ancillary benefits. As a UK-Moroccan partnership, the Company is committed to bringing in significant international investment over the life of the mine.\nMorocco is widely recognised as one of the leading phosphate producers globally, ranking third in the world in terms of tonnes produced annually, and the development of this mine is set to consolidate its position as the most important fertiliser producer in Africa. The Project has a large JORC Resource Estimate (2012) of 537Mt @ 9.24% K2O, with significant exploration potential, and is perfectly located to support the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. The need to feed the world's rapidly increasing pop...