MAC Copper (MTAL) announced that the Royal Court of Jersey has made orders sanctioning the proposed acquisition of 100% of the issued share capital in MAC by Harmony Gold Australia, a wholly owned subsidiary of Harmony Gold (HMY) by way of a Jersey law scheme of arrangement pursuant to Article 125 of the companies Law 1991. MAC intends to lodge a copy of the Court’s orders with the Jersey Registrar of Companies 10 October 2025, at which time the Scheme will become legally effective. If this occurs, MAC CDIs will be suspended from trading on the ASX and MAC Shares will cease trading on the NYSE with effect from close of trading on the respective exchange on 10 October. Complete delisting of MAC Shares from the NYSE is expected to be on 24 October and Delisting of MAC from the ASX on 3 November.
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