Merger Update- South African Competition Clearance

RNS Number : 0769W

Glencore International PLC

22 January 2013

 



22 January 2013

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

NEWS RELEASE

Glencore International plc

Merger Update - South African Competition Clearance

Glencore notes today's decision by the South African Competition Tribunal confirming that under the South African Competition Act it has cleared the recommended all-share merger of equals between Glencore and Xstrata.  

Completion of the Merger remains conditional upon the receipt of the outstanding regulatory approval in China and completion of the Xstrata court process as further set out in the New Scheme Document in connection with the Merger published by Xstrata on 25 October 2012 and Glencore giving effect to the commitments required by the European Commission.

For enquiries about Glencore, please contact:

Paul Smith (Investors)                 Charles Watenphul (Media)             John Burton (Company Secretary)

t: [phone]                  t: [phone]                     t: [phone]

m: [phone]                m:[phone]                    m: [phone]

e: [e-mail]            e: [e-mail]  e: [e-mail] 

Elisa Morniroli (Investors)            Finsbury (Media)

t: [phone]                 Guy Lamming

m: [phone]               Dorothy Burwell

e: [e-mail]   t: [phone]

Publication on Website

A copy of this announcement will be available on Glencore's website (www.glencore.com) by no later than 12 noon (London time) on the business day following the date of this announcement.

You may request a hard copy of this announcement, free of charge, by contacting the Company Secretary of Glencore, John Burton, at [e-mail]. You may also request that all future documents, announcements and information to be sent to you in relation to the Merger should be in hard copy form.

 

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