Possible Offer for Anglo Asian Mining Plc
ACG Metals Limited is in the early stages of considering a potential offer for the entire issued and to be issued ordinary share capital of Anglo Asian Mining Plc. This announcement is not a firm intention to make an offer, and there is no certainty that a transaction will proceed or on what terms. ACG Metals must announce a firm intention to offer or that it does not intend to offer by 5:00 pm on December 24, 2025, unless an extension is granted by the Takeover Panel.
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THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO UNDERTAKE ANY TRANSACTION UNDER RULE 2.7 OF THE CODE. THERE CAN BE NO CERTAINTY THAT ANY TRANSACTION WILL PROCEED, OR AS TO THE TERMS OF ANY SUCH TRANSACTION.
ACG METALS LIMITED
("ACG" or the "Company")
Possible Offer for Anglo Asian Mining Plc
ACG Metals Limited ("ACG" or the "Company") confirms that it is in early stages of considering making an offer for the entire issued and to be issued ordinary share capital of Anglo Asian Mining Plc ("Anglo Asian") (the "Potential Transaction").
This announcement does not amount to a firm intention by ACG to make an offer under Rule 2.7 of the Code and there can be no certainty that an offer for Anglo Asian will ultimately be made by ACG. There can be no assurance that a definitive agreement for the possible acquisition will be entered into or as to the terms on which any such offer might be made.
In accordance with Rule 2.6(a) of the Code, by not later than 5:00 pm on 24 December 2025, ACG must either announce a firm intention to make an offer for Anglo Asian in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Anglo Asian, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.
For the purposes of the Takeover Code this announcement has not been made with the agreement or approval of Anglo Asian.
A further statement will be made as appropriate.
Rule 2.9 Disclosure
Publication on websites
A copy of this announcement will be made available subject to certain restrictions relating to persons resident in restricted jurisdictions on ACG's website at www.acgmetals.com by no later than 12 noon (London time) on 27 November 2025. The content of the websites referred to in this announcement is not incorporated into and does not form part of this announcement.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.