-+ 0.00%
-+ 0.00%
-+ 0.00%

According to Zhitong Finance App, Jiangxi Copper Co., Ltd. (00358.HK) issued an announcement. On December 24, 2025, Jiangtong Hong Kong Investment (a wholly-owned subsidiary of the company) and the board of directors of Solgold have reached an agreement on the terms recommended by the board of directors of the target company to acquire all of Sol Gold's issued and to be issued common share capital in full cash. The acquisition will be carried out in accordance with an agreement arrangement under section 26 of the Companies Act. Based on the total number of shares of Sol Gold issued and share options granted on the date of this announcement (with the exception of Sol Gold shares already held by Jiangtong Hong Kong Investment), the maximum total consideration that Jiangtong Hong Kong Investment may pay in accordance with the acquisition will not exceed £764 million. After obtaining approval from Sol Gold shareholders and meeting or exempting (as appropriate) other conditions of the acquisition, Jiangtong Hong Kong Investment will hold all of Sol Gold's issued and upcoming share capital after the acquisition is completed. Sol Gold will become an indirect wholly-owned subsidiary of the company, and its financial results will be consolidated into the company's comprehensive financial statements based on this.

Zhitongcaijing·12/29/2025 00:49:01
Listen to the news
According to Zhitong Finance App, Jiangxi Copper Co., Ltd. (00358.HK) issued an announcement. On December 24, 2025, Jiangtong Hong Kong Investment (a wholly-owned subsidiary of the company) and the board of directors of Solgold have reached an agreement on the terms recommended by the board of directors of the target company to acquire all of Sol Gold's issued and to be issued common share capital in full cash. The acquisition will be carried out in accordance with an agreement arrangement under section 26 of the Companies Act. Based on the total number of shares of Sol Gold issued and share options granted on the date of this announcement (with the exception of Sol Gold shares already held by Jiangtong Hong Kong Investment), the maximum total consideration that Jiangtong Hong Kong Investment may pay in accordance with the acquisition will not exceed £764 million. After obtaining approval from Sol Gold shareholders and meeting or exempting (as appropriate) other conditions of the acquisition, Jiangtong Hong Kong Investment will hold all of Sol Gold's issued and upcoming share capital after the acquisition is completed. Sol Gold will become an indirect wholly-owned subsidiary of the company, and its financial results will be consolidated into the company's comprehensive financial statements based on this.