“This welcome development comes at a time when Emperador shares have seen greater demand as a result of its dual listing on the Singapore Exchange (SGX),” says the group in its statement.
Dual-listed Emperador Inc. has increased its public float to 20.1% on Dec 20. This is up from the 15.7% reflected at the end of September.
According to the leading global brandy and whisky group, the increase in the float “reflects the robust investor appetite” for shares in Emperador. The increase should also improve the liquidity of the group’s shares.
