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MAC Copper Restricted ARBN 671 963 198 (NYSE:MTAL; ASX:MAC)
MAC Copper Restricted (NYSE:MTAL, ASX:MAC) (” MAC ” or the ” Firm “) is happy to announce that the Royal Courtroom of Jersey (the ” Courtroom “) has at the moment made orders sanctioning the proposed acquisition of 100% of the issued share capital in MAC by Concord Gold (Australia) Pty Ltd (an entirely owned subsidiary of Concord Gold Mining Firm Restricted (JSE:HAR, NYSE:HMY)) (” Concord “) by the use of a Jersey legislation scheme of association pursuant to Article 125 of the Firms (Jersey) Regulation 1991 (as amended) (” Scheme “).
Capitalised phrases used on this announcement have the that means given to them within the Scheme Round, a duplicate of which is connected to MAC’s announcement launched on 31 July 2025.
Lodgement of Courtroom orders and suspension of buying and selling
MAC intends to lodge a duplicate of the Courtroom’s orders with the Jersey Registrar of Firms tomorrow, 10 October 2025, at which era the Scheme will develop into legally efficient. If this happens, MAC CDIs will probably be suspended from buying and selling on the ASX and MAC Shares will stop buying and selling on the NYSE with impact from shut of buying and selling on the respective trade on 10 October 2025.
Indicative Scheme timetable
The remaining key dates anticipated for the Scheme are set out beneath.
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Occasion |
Date and time (Jersey time) |
|
Efficient Date |
10 October 2025 |
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Final day of dealings in MAC CDIs on the ASX 1 |
10 October 2025 (shut of buying and selling on the ASX) |
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Final day of dealings in MAC Shares on the NYSE 2 |
10 October 2025 (shut of buying and selling on the NYSE) |
|
Suspension of citation of MAC CDIs on the ASX |
13 October 2025 (earlier than buying and selling opens on the ASX) |
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Provoke delisting of MAC Shares from the NYSE 3 |
14 October 2025 (earlier than buying and selling opens on the NYSE) |
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Scheme File Time |
5:00 pm (New York time) on 17 October 2025 for Scheme Shareholders 7:00 pm (Sydney time) on 17 October 2025 for MAC CDI Holders |
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Full delisting of MAC Shares from the NYSE |
24 October 2025 |
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Implementation Date |
24 October 2025 |
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Consideration cost date to DTC for additional cost by DTC members to helpful house owners holding MAC Shares inside DTC |
27 October 2025 |
|
Consideration cost date for MAC Shares held outdoors DTC |
31 October 2025 |
|
Consideration cost date for MAC CDIs |
31 October 2025 |
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Delisting of MAC from the ASX |
3 November 2025 |
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1 MAC CDI Holders might promote their MAC CDIs on the ASX till ASX market shut on October 10, 2025 (at which level the ASX is predicted to halt and droop buying and selling in MAC CDIs earlier than begin of commerce on ASX on October 13, 2025). |
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2 Shareholders might promote their MAC Shares on the NYSE till NYSE market shut on October 10, 2025 (at which level the NYSE is predicted to halt and stop buying and selling in MAC Shares). |
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3 NYSE information a Delisting Utility (Type 25-NSE) with the SEC. |
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Additional data
If, after studying the Scheme Round, you’ve gotten any questions in regards to the cost of the Scheme Consideration, please contact MAC’s Share Registry or CDI Registry (as relevant), at:
|
In case you are a MAC Shareholder |
In case you are a MAC CDI Holder |
This announcement has been authorised for launch by Mick McMullen, CEO and Director.
About MAC Copper Restricted
MAC Copper Restricted (NYSE:MTAL; ASX:MAC) is an organization targeted on working and buying metals and mining companies in prime quality, secure jurisdictions which can be essential within the electrification and decarbonization of the worldwide economic system.
View supply model on businesswire.com: https://www.businesswire.com/information/house/20251009798232/en/
Mick McMullen
Chief Government Officer & Director
MAC Copper Restricted
traders@metalsacqcorp.com
Morné Engelbrecht
Chief Monetary Officer
MAC Copper Restricted
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