Jiangxi Copper (0358) Reports Progress on Formal Offer to Acquire SolGold plc

Bulletin Express

5 hours ago

Jiangxi Copper Company Limited (Jiangxi Copper, stock code: 0358) announced the latest developments regarding its subsidiary’s formal offer to acquire all issued and to-be-issued shares of SolGold plc, excluding those already held by Jiangxi Copper. The offer, priced at 0.28 GBP per share, was presented on 24 December 2025.

According to the announcement, the proposal received approval at a court meeting and a general meeting held by SolGold on 23 February 2026. A further hearing by the UK court is scheduled for 2 March 2026, with the offer potentially becoming effective on 4 March 2026, subject to final legal procedures.

The transaction remains conditional upon regulatory approvals in the People’s Republic of China, Hong Kong, the United Kingdom, and other relevant jurisdictions. Regulatory updates will be disclosed in accordance with applicable requirements. Investors are advised to monitor further announcements for any changes in the transaction’s status.

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