Overview of the February 24th midday announcements

K-LinePoet · 2026-02-27T10:46:12+00:00

Jiangxi Copper announced that it will acquire SolGold plc through its wholly owned subsidiary at a cash price of 28 pence per share. The relevant court meeting and shareholders' meeting approved the acquisition plan on February 23, 2026, and it is expected to officially take effect on March 4, 2026.

K-LinePoet

2026-02-27 10:46:12

Abstract generation in progress

Jiangxi Copper announced that on December 24, 2025, it made a formal cash offer through its wholly owned subsidiary Jiang Copper Hong Kong Investment to acquire all issued and to-be-issued shares of SolGold plc at 28 pence per share. According to the UK acquisition process, a court meeting was held on February 23, 2026 (London local time), where the acquisition plan was approved by vote. On the same day, the target company also held a shareholder meeting, which approved the acquisition plan. The subsequent court hearing to decide on the acquisition is scheduled for March 2, 2026 (London local time). If approved, the acquisition is expected to become effective on March 4, 2026 (London local time).

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