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Mac Copper Limited (ASX:MAC)
ALERT: Price-sensitive ASX Announcement for MAC
Current share price for MAC : $18.520 0 (0%)+
Announcement
Release
10 Oct 2025 7:36PM
Price at Release
$18.520
Full Release
Summary
MAC Copper Limited has announced the effectiveness of its scheme of arrangement with Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited. The scheme involves the acquisition of 100% of MAC's issued share capital by Harmony. Legal effectiveness has been achieved as the Royal Court of Jersey sanctioned the acquisition, and the court's order was duly lodged with the Jersey Registrar of Companies. As part of the timetable, MAC securities trading was suspended on the ASX and NYSE on 10 October 2025, with the scheme implementation scheduled for 24 October 2025. Securityholders will receive the scheme consideration according to their holdings as of the scheme record date, 17 October 2025.
Key Points
- MAC Copper Limited's scheme with Harmony becomes legally effective.
- The Royal Court of Jersey sanctioned the acquisition.
- MAC's trading on ASX and NYSE was suspended as of 10 October 2025.
- The scheme implementation is scheduled for 24 October 2025.
- Securityholders will receive consideration based on holdings on 17 October 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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