Emmerson plc, the Moroccan focused potash development company, is pleased to announce that admission of the Company’s ordinary shares to trading on AIM will take place at 8.00 a.m. today. In conjunction with this, the listing of the Company’s ordinary shares on the Official List and from trading on the Main Market will be cancelled. The Company’s ordinary shares will continue to trade under the TIDM “EML”.

In addition, following the retirement of Non-Executive Chairman Mark Connelly effective from today, the Company announces the appointment of James Kelly, presently a Non-Executive Director on the Board, as the new Non-Executive Chairman of Emmerson effective from today (See RNS dated 25 March 2021).

Graham Clarke, CEO, commented:

“The move to AIM is a key element of our growth strategy which is focused on developing the Khemisset potash project in Northern Morocco. Admission to AIM will provide the Company with access to a market and environment which is more suited, in the Board’s view, to Emmerson’s current size and strategy and will support the Company during the rapid growth phase expected in the coming months and years, as we look to build Khemisset into a low cost, high margin supplier of potash to the African and European markets. Finally, we welcome James as our new Non-Executive Chairman, and we look forward to updating you on further progress.”

In the film below CEO Graham Clarke outlines the potential of the Khemisset potash project and its impact on the local economy