Business
Results of Court Meeting and General Meeting
SolGold plc announced that shareholders overwhelmingly approved the recommended cash acquisition by Jiangxi Copper (Hong Kong) Investment Company Limited at both the Court Meeting and General Meeting held on February 23, 2026. The Court Meeting saw 91.46% of Scheme Shares voted in favour, representing 50.99% of the issued ordinary share capital, while the Special Resolution at the General Meeting passed with 93.97% of votes in favour. These approvals satisfy key conditions for the acquisition, with completion now awaiting court sanction and subject to remaining conditions outlined in the scheme document. The expected effective date for the scheme is March 4, 2026, after which SolGold shares will be delisted from the London Stock Exchange. Disclaimer*
About this update from SolGold PLC
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION\nFOR IMMEDIATE RELEASE\n23 February 2026\nRECOMMENDED CASH ACQUISITION\nof\nSolGold plc (\"SolGold\")\nby\nJiangxi Copper (Hong Kong) Investment Company Limited (\"JCHK\")\n \nto be implemented by means of a scheme of arrangement\nunder Part 26 of the Companies Act 2006\n \nRESULTS OF COURT MEETING AND GENERAL MEETING HELD ON 23 FEBRUARY 2026\nOn 24 December 2025, the boards of directors of SolGold and JCHK, for and on behalf of Jiangxi Copper Company Limited (\"JCC\"), announced that they had reached agreement on the terms of a recommended cash offer to be made by JCHK to acquire the entire issued and to be issued share capital of SolGold (the \"Acquisition\"), to be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the \"Scheme\").\n \nSolGold is pleased to announce the results of the Court Meeting and the General Meeting held today in connection with the Acquisition to be effected by way of the Scheme.\n \nAt the Court Meeting, as more particularly described below, the requisite majority of Scheme Shareholders, who together represented more than 75% of the voting rights of all Scheme Shares, voted in favour of the resolution to approve the Scheme.\n \nAt the General Meeting, as more particularly described below, the requisite majority of SolGold Shareholders voted to pass the Special Resolution.\n \nFull details of the resolutions that were proposed are set out in the notices of the Court Meeting and General Meeting contained in the scheme document published on 21 January 2026 in connection with the Acquisition (the \"Scheme Document\").\n \nVoting results of the Court Meeting\n \nThe results of the poll at the Court Meeting are set out in the table below. Each Scheme Shareholder present in person or by proxy, was entitled to one vote for each Scheme Share held at the Voting Record Time.\n \n\n\n\n\nResults of Court Meeting\n \n\n\nScheme Shares voted\n\n\nScheme Shareholders who voted\n\n\nNumber of Scheme Shares voted as a percentage of issued ordinary share capital entitled to vote on the Scheme*\n\n...