REG - ACG Acquisition Co. - Extension of Acquisition Deadline

ACG AcquisitionAnnouncement

26/01/2024 07:15

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RNS Number : 9858A  ACG Acquisition Company Limited  26 January 2024

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THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIES OR MAY HAVE QUALIFIED AS
INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7 OF THE MARKET ABUSE
REGULATION (EU NO. 596/2014), AS IT FORMS PART OF THE UNITED KINGDOM DOMESTIC
LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED

 

26 January 2024

 

ACG Acquisition Company Limited ("ACG" or the "Company")

Extension of Acquisition Deadline

 

Further to its announcement of 16 January 2024, ACG is pleased to announce
that the extension of the deadline by which an Acquisition must be completed
by the Company from 25 January 2024 to 30 June 2024 has taken effect on the
terms approved by ACG's Shareholders. The Company's Amended and Restated
Memorandum and Articles will be filed on or about the date hereof with the
Register of Companies in the British Virgin Islands, ACG's jurisdiction of
incorporation, and will enter into effect immediately thereafter. The Amended
and Restated Memorandum and Articles of the Company will be made available on
www.acgcorp.co (http://www.acgcorp.co) .

 

All capitalized terms used but not defined in this announcement have the
meaning given to them in the Shareholders Circular and Notice of Extraordinary
General Meeting of Shareholders published by the Company on 8 January 2024.

 

About the Company

 

ACG Acquisition Company Limited is a SPAC looking to benefit from favourable
price conditions for new economy metals and other mining materials.

 

The Company aims to optimise its expertise in global mining by combining with
a mining company that produces materials characterised by supply constraints
and rising long-term demand. The combined entity will capitalise on the need
for resource security and geographic supply diversification, as well as the
global energy transition.

 

ACG's team has extensive M&A experience built through decades spent at
blue-chip multinationals in the sector. The team brings a significant network,
including access to many mining companies as well as a commitment to ESG
principles and strong corporate governance.

 

For more information about ACG, please visit: www.acgcorp.co
(http://www.acgcorp.co/)

 

Forward-looking statements

 

Some of the information in these materials may contain projections or other
forward-looking statements regarding future events or the future financial
performance of the Company. You can identify forward looking statements by
terms such as "expect", "believe", "anticipate", "estimate", "intend", "will",
"could", "may" or "might" the negative of such terms or other similar
expressions. The Company wishes to caution you that these statements are only
predictions and that actual events or results may and often do differ
materially. The Company does not intend to update these statements to reflect
events and circumstances occurring after the date hereof or to reflect the
occurrence of unanticipated events. Any forward-looking statements reflect the
Company's current view with respect to future events and many factors could
cause the actual results to differ materially from those contained in
projections or forward-looking statements of the Company, including, among
others, ACG's ability to obtain adequate information to evaluate any target
assets, ACG's ability to successfully or timely complete any future
acquisition, ACG's expectations around the performance of any target assets,
ACG's potential ability to obtain additional financing to complete any future
acquisition and the financial performance of the enlarged group that would
result from the potential completion of any future acquisition.
Forward-looking statements speak only as of the date they are made.

 

Inside information

 

This announcement contains inside information for the purposes of the market
abuse regulation (EU No. 596/2014), as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018, as
amended.

 

Important notices

 

This announcement or any part of it does not constitute or form part of any
offer to issue or sell, or the solicitation of an offer to acquire, purchase,
subscribe for, any securities.

 

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This announcement is not
an offer of securities for sale into the United States. The securities of the
Company have not or will not be registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States, except
pursuant to an applicable exemption from registration.

 

 

 

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