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Emmerson appoints new chairman as it makes key move onto AIM

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Emmerson PLC (LON:EML) confirmed the admission of its shares to trading on AIM after moving from London’s main market.

Following the retirement of non-executive chairman Mark Connelly, direoctor James Kelly has taken up the role as of today.

“The move to AIM is a key element of our growth strategy which is focused on developing the Khemisset potash project in Northern Morocco,” said chief executive Graham Clarke.

“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.”

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