MAC Copper Limited has announced that the regulatory conditions precedent for its acquisition by Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited, have been satisfied. The acquisition is set to proceed via a Jersey law scheme of arrangement. Shareholders are urged to vote ahead of the cut-off dates of 26 August 2025 for MAC CDI Holders and 27 August 2025 for MAC Shareholders. The Court Meeting and General Meeting are scheduled for 29 August 2025, where the approval of the Scheme by the requisite majorities is required. The MAC Directors unanimously recommend voting in favor of the Scheme, in the absence of a superior proposal. The Court Sanction Hearing and satisfaction of other customary conditions outlined in the Scheme Circular remain pending.
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