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Harmony Gold to Acquire MAC Copper as Jersey Court Sanctions 100% Share Purchase
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MAC Copper Limited (NYSE:MTAL, ASX:MAC))) ("MAC" or the "Company") is pleased to announce that the Royal Court of Jersey (the "Court") has today made orders sanctioning the proposed acquisition of 100% of the issued share capital in MAC by Harmony Gold (Australia) Pty Ltd (a wholly owned subsidiary of Harmony Gold Mining Company Limited (JSE:HAR, NYSE:HMY)) ("Harmony") by way of a Jersey law scheme of arrangement pursuant to Article 125 of the Companies (Jersey) Law 1991 (as amended) ("Scheme").

Capitalised terms used in this announcement have the meaning given to them in the Scheme Circular, a copy of which is attached to MAC's announcement released on 31 July 2025.

Lodgement of Court orders and suspension of trading

MAC intends to lodge a copy of the Court's orders with the Jersey Registrar of Companies tomorrow, 10 October 2025, at which time the Scheme will become legally effective. If this occurs, MAC CDIs will be suspended from trading on the ASX and MAC Shares will cease trading on the NYSE with effect from close of trading on the respective exchange on 10 October 2025.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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