REG - ACG Acquisition Co. - Final Redemption Price

ACG AcquisitionAnnouncement

05/02/2024 07:00

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RNS Number : 9469B  ACG Acquisition Company Limited  05 February 2024

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5 February 2024

 

ACG Acquisition Company Limited

("ACG" or the "Company")

Final Redemption Price

 

As described in the Shareholders Circular and Notice of Extraordinary General
Meeting of Shareholders published by the Company on 8 January 2024 (the
"Extension EGM Circular"), Class A Ordinary Shareholders who validly elected
to redeem all or a portion of their depositary interests in the Class A
Ordinary Shares on or before the Election Cut-off Time shall have such
depositary interests in the Class A Ordinary Shares redeemed and payment in
respect of these will be made by Link Market Services Trustees Limited, acting
as Depositary, by 8 February 2024 at the latest.

 

Following the announcement of the results of such redemption elections by the
Company on 16 January 2024, the Company announces today that the final
redemption price is $28.5146 per Class A Ordinary Share.

 

All capitalized terms used but not defined in this announcement have the
meaning given to them in the Extension EGM Circular.

 

About the Company

 

ACG Acquisition Company Limited is a SPAC looking to benefit from favourable
price conditions for new economy metals and other mining materials.

 

The Company aims to optimise its expertise in global mining by combining with
a mining company that produces materials characterised by supply constraints
and rising long-term demand. The combined entity will capitalise on the need
for resource security and geographic supply diversification, as well as the
global energy transition.

 

ACG's team has extensive M&A experience built through decades spent at
blue-chip multinationals in the sector. The team brings a significant network,
including access to many mining companies as well as a commitment to ESG
principles and strong corporate governance.

 

For more information about ACG, please visit: www.acgcorp.co
(http://www.acgcorp.co/)

 

Forward-looking statements

 

Some of the information in these materials may contain projections or other
forward-looking statements regarding future events or the future financial
performance of the Company. You can identify forward looking statements by
terms such as "expect", "believe", "anticipate", "estimate", "intend", "will",
"could", "may" or "might" the negative of such terms or other similar
expressions. The Company wishes to caution you that these statements are only
predictions and that actual events or results may and often do differ
materially. The Company does not intend to update these statements to reflect
events and circumstances occurring after the date hereof or to reflect the
occurrence of unanticipated events. Any forward-looking statements reflect the
Company's current view with respect to future events and many factors could
cause the actual results to differ materially from those contained in
projections or forward-looking statements of the Company, including, among
others, ACG's ability to obtain adequate information to evaluate any target
assets, ACG's ability to successfully or timely complete any future
acquisition, ACG's expectations around the performance of any target assets,
ACG's potential ability to obtain additional financing to complete any future
acquisition and the financial performance of the enlarged group that would
result from the potential completion of any future acquisition.
Forward-looking statements speak only as of the date they are made.

 

Important notices

 

This announcement or any part of it does not constitute or form part of any
offer to issue or sell, or the solicitation of an offer to acquire, purchase,
subscribe for, any securities.

 

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This announcement is not
an offer of securities for sale into the United States. The securities of the
Company have not or will not be registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States, except
pursuant to an applicable exemption from registration.

 

 

 

 

 

 

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