Rio Tinto PLC
14 November 2007
Rio Tinto Completes Acquisition of 100% of Alcan
Rio Tinto today announces that Rio Tinto Canada Holding Inc. ('RTCH'), an
indirect wholly-owned subsidiary of Rio Tinto, has acquired all of the common
shares of Alcan Inc. ('Alcan') not already owned by it by exercising its right
under the compulsory acquisition provisions of the Canada Business Corporations
Act ('CBCA'). RTCH is now the registered holder of 100% of the outstanding
shares of Alcan. Accordingly, it is anticipated that the Alcan common shares
will be delisted from the Toronto Stock Exchange effective at the close of
business on November 15, 2007, and that such shares will also be subsequently
delisted as soon as reasonably practicable from Euronext Paris, the New York
Stock Exchange, the Official List in the United Kingdom (and cancellation of
admission to trading on the London Stock Exchange) and the SWX Swiss Exchange.
It is further expected that the certificates admitted to trading on Euronext
Brussels representing Alcan common shares (the IDRs) will also be delisted as
soon as reasonably practicable from Euronext Brussels.
As required under the CBCA, notices of compulsory acquisition were mailed today
to registered holders of Alcan shares who had not deposited their shares under
the offer by RTCH to acquire all of the shares of Alcan which expired on
November 8, 2007.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK,
combining Rio Tinto plc, a London listed company, and Rio Tinto Limited, which
is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major
products are aluminium, copper, diamonds, energy (coal and uranium), gold,
industrial minerals (borax, titanium dioxide, salt, talc) and iron ore.
Activities span the world but are strongly represented in Australia and North
America with significant businesses in South America, Asia, Europe and southern
Africa.
For further information or a copy of reports filed under Canadian securities
legislation, please contact:
Rio Tinto Canada Holding Inc.
770 Sherbrooke Street West, Suite 1800
Montreal, Quebec H3A1G1
Or please contact:
Media Relations, London Media Relations, Australia
Christina Mills Ian Head
Office: +44 (0) 20 8080 1306 Office: +61 (0) 3 9283 3620
Mobile: +44 (0) 7825 275 605 Mobile: +61 (0) 408 360 101
Nick Cobban Amanda Buckley
Office: +44 (0) 20 8080 1305 Office: +61 (0) 3 9283 3627
Mobile: +44 (0) 7920 041 003 Mobile: +61 (0) 419 801 349
Investor Relations, London Investor Relations, Australia
Nigel Jones Dave Skinner
Office: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628
Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309
Investor Relations, North America
David Ovington Jason Combes
Office: +44 (0) 20 7753 2326 Office: +1 (0) 801 685 4535
Mobile: +44 (0) 7920 010 978 Mobile: +1 (0) 801 558 2645
Email: questions@riotinto.com
Website: www.riotinto.com
High resolution photographs available at: www.newscast.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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