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Glencore International PLC  -  GLEN   

Merger Update

Released 11:03 01-May-2013

RNS Number : 7406D
Glencore International PLC
01 May 2013
 



1 May 2013

 

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 Update - Court Order confirming Reduction of Capital

 

Glencore notes today's announcement by Xstrata that the Court of Justice in England and Wales has today issued an order confirming the reduction of Xstrata's share capital to be effected as part of the Merger of Glencore and Xstrata.

The Reduction Court Order is expected to be delivered to and registered by the Registrar of Companies on 2 May 2013, at which time the New Scheme and Merger will become effective.

Admission of the New Glencore Shares to the premium listing segment of the Official List and to trading on the London Stock Exchange's main market for listed securities is expected to occur with effect from 8.00 a.m. (London time) on 3 May 2013. The Hong Kong Admission is expected to occur with effect from 9.30 a.m. (Hong Kong time) on 6 May 2013.

The cancellation of the listing and trading of Xstrata Shares on the London Stock Exchange is expected to take place by no later than 8.00 a.m. (London time) on 3 May 2013 and the official cancellation of the secondary listing of Xstrata Shares on the SIX Swiss Stock Exchange is expected to take effect on, and including, 6 May 2013.

Capitalised terms used in this announcement, unless defined herein, have the same meanings as set out in the prospectus published by Glencore dated 31 May 2012, as supplemented by the Supplementary Prospectuses.

 

For enquiries about Glencore, please contact:

 

Paul Smith (Investors)

T:+41 (0)41 709 2487

m: +41 (0)79 947 1348

e: paul.smith@glencore.com

Charles Watenphul (Media)

t: +41 (0) 41 709 2462

m: +41 (0) 79 904 33 20 charles.watenphul@glencore.com

 

John Burton (Company Secretary)

t: +41 (0)41 709 2619

m: +41 (0)79 944 5434

e:john.burton@glencore.com

 

Elisa Morniroli (Investors)

t: +41 (0) 41 709 2818

m: +41 (0) 79 833 05 08 elisa.morniroli@glencore.com            

 

Finsbury (Media)

Guy Lamming

Dorothy Burwell          

t: +44 (0)20 7251 3801

 

 

 



 

 

 

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 Update - RNS