Business
Results of EGM and the Redemption Elections
Results of EGM and the Redemption Elections.
About this update from Acg Metals Limited Class A
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \nTHIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIES OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU NO. 596/2014), AS IT FORMS PART OF THE UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED\n \n16 January 2024\n \nACG Acquisition Company Limited (\"ACG\" or the \"Company\")\nResults of the Extension EGM and\nthe Redemption Elections\n \nAs announced in the Shareholders Circular and Notice of Extraordinary General Meeting of Shareholders published by the Company on 8 January 2024 (the \"Extension EGM Circular\"), an extraordinary general meeting of ACG's Shareholders was held at 10 a.m. today at the offices of Cleary Gottlieb Steen & Hamilton LLP at 2 London Wall Place, Barbican, London, EC2Y 5AU, England (the \"Extension EGM\").\n \nResults of the Extension EGM\n \nThe Company announces that Resolution 1 that was put to the Class A Ordinary Shareholders at the Extension EGM was not passed. As a result, the Additional Interest will not be released for use by the Company as described in more detail in the Extension EGM Circular. The Company is pleased to announce that Resolution 2 and Resolution 3 put to the Shareholders at the Extension EGM were duly passed, including the proposed Extension. As a result, subject to the Company entering into binding agreements in respect of the Additional Funding by, at the latest, 25 January 2024, the deadline by which an Acquisition must be completed by ACG will be extended from the Current Acquisition Deadline (i.e., 25 January 2024) to the Extended Acquisition Deadline (i.e., 30 June 2024). The consequences of the approval of the Extension are set out in more detail in the Extension EGM Circular.\n \nThe table below sets out the results of the votes cast at the Extension EGM. Each Shareholder present (including in person or by proxy) was entitled to cast one vote per Share held at the record date for the Extension EGM provided in the Extension EGM Circular.\n \n\n\n\n\nResolution\n\n\nRequired Majority\n\...