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Glencore International PLC  -  GLEN   

Merger Timing Update

Released 13:45 10-Dec-2012

RNS Number : 1542T
Glencore International PLC
10 December 2012
 



10 December 2012

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

NEWS RELEASE

Glencore International plc

Merger Timing Update

Given the ongoing regulatory process and the South Africa Competition Tribunal's hearing now being postponed until January 2013 Glencore and Xstrata have agreed, with the consent of the Panel, to extend the long stop date for their Merger from 31 December 2012 to 31 January 2013.

Completion of the Merger remains conditional upon the receipt of the outstanding regulatory approvals in China and South Africa and completion of the Xstrata court process as further set out in the New Scheme Document in connection with the Merger published by Xstrata on 25 October 2012 and Glencore giving effect to the commitments required by the European Commission.

 

For enquiries about Glencore, please contact:

 

Paul Smith (Investors)                                   Charles Watenphul (Media)     

t: +41 (0)41 709 2487                                    t: +41 (0)41 709 2462             

m: +41 (0)79 947 1348                                  m:+41 (0)79 904 3320            

e: paul.smith@glencore.com                          e: charles.watenphul@glencore.com 

Elisa Morniroli (Investors)                               John Burton (Company Secretary)

t: +41 (0)41 709 2818                                     t: +41 (0)41 709 2619

m: +41 (0)79 833 0508                                   m: +41 (0)79 944 5434

e: elisa.morniroli@glencore.com                     e: john.burton@glencore.com

 

Publication on Website

A copy of this announcement will be available on Glencore's website (www.glencore.com) by no later than 12 noon (London time) on the business day following the date of this announcement.

You may request a hard copy of this announcement, free of charge, by contacting the Company Secretary of Glencore, John Burton, at john.burton@glencore.com. You may also request that all future documents, announcements and information to be sent to you in relation to the Merger should be in hard copy form.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Merger Timing Update - RNS