MAC Copper Limited Announces Implementation of Acquisition Scheme with Harmony
MAC Copper Limited (NYSE:MTAL, ASX:MAC) has announced the successful implementation of the acquisition of 100% of its issued share capital by Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited. The acquisition was executed through a Jersey law scheme of arrangement. All MAC shares, including those underlying MAC CDIs, have been transferred to Harmony. The delisting of MAC shares from the NYSE is expected to complete today, with the ASX delisting anticipated by the close of trading on 3 November 2025. The scheme consideration will be paid to MAC securityholders who held shares or CDIs at the scheme record date, with payments scheduled for 27 October 2025 for DTC participants and 31 October 2025 for others. Further details and assistance can be obtained from MAC’s Share Registry or CDI Registry.