9th Nov 2007 07:01
Rio Tinto PLC09 November 2007 Rio Tinto Offer for Alcan expires with over 98 per cent of shares tendered Rio Tinto today announces that the offer (the "Offer") by Rio Tinto CanadaHolding Inc. ("RTCH") to acquire all of the shares of Alcan Inc. ("Alcan") isnow closed for acceptance. As at the expiry time of the Offer (6:00pm Eastern Time (Canada) on November 8,2007), approximately 8,585,000 additional common shares of Alcan have eitherbeen validly deposited and taken up or are covered by notices of guaranteeddelivery. These additional shares (which represent approximately 2.28 per centof the outstanding shares), together with approximately 360,431,000 sharesalready beneficially owned by RTCH, represent approximately 98.10 per cent ofthe outstanding shares of Alcan. RTCH will promptly exercise its right to acquire all the remaining Alcan sharesby way of compulsory acquisition under the Canada Business Corporations Act.Notices of compulsory acquisition will be mailed to remaining shareholders assoon as practicable. 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, whichis listed on the Australian Securities Exchange. Rio Tinto's business is finding, mining, and processing mineral resources. Majorproducts 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 NorthAmerica with significant businesses in South America, Asia, Europe and southernAfrica. For further information or a copy of reports filed under Canadian securitieslegislation, please contact: Rio Tinto Canada Holding Inc.770 Sherbrooke Street West, Suite 1800Montreal, Quebec H3A1G1 Or please contact:Media Relations, London Media Relations, Australia Nick Cobban Ian HeadOffice: +44 (0) 20 8080 1305 Office: +61 (0) 3 9283 3620Mobile: +44 (0) 7920 041 003 Mobile: +61 (0) 408 360 101 Amanda Buckley Office: +61 (0) 3 9283 3627 Mobile: +61 (0) 419 801 349Investor Relations, London Investor Relations, Australia Nigel Jones Dave SkinnerOffice: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309 Investor Relations, North America David Ovington Jason CombesOffice: +44 (0) 20 7753 2326 Office: +1 (0) 801 685 4535Mobile: +44 (0) 7920 010 978 Mobile: +1 (0) 801 558 2645 Email: [email protected] 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 ExchangeRelated Shares:
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