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CMOC Group Limited M&A Activity 2016

Jul 8, 2016

50942_rns_2016-07-08_d69901c5-d092-464e-82c8-082c19661d01.pdf

M&A Activity

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Stock Code: 03993)

APPROVAL FROM NDRC AND MOFCOM ANTI-MONOPOLY BUREAU FOR ACQUISITION OF FREEPORT-MCMORAN INC.’S COPPER AND COBALT BUSINESS

This announcement is made by China Molybdenum Co., Ltd.* (the “ Company ”) on a voluntary basis.

Reference is made to the announcements of the Company dated 9 May 2016, 15 May 2016, 20 May 2016, 25 May 2016, 24 June 2016 and 29 June 2016 in relation to the acquisition of Freeport-McMoRan Inc.’s copper and cobalt business (collectively, the “ Announcements ”). Capitalised terms used in this announcement have the same meanings as those defined in the Announcements, unless otherwise stated herein.

The Board is pleased to announce that Filing Acceptance Notification (Fagaibanwaizibei [2016] No. 311) (《項目備案通知書》(發改辦外資備 [2016] 第 311號)) has been obtained from the National Development and Reform Commission of the PRC (the “ NDRC ”) and Notice of Not Implementing Further Review (Shangfanlongchushenhan [2016] No. 192) (《不實施進一步審查通知》(商反壟初 審函[2010] 第192號)) has been obtained from MOFCOM Anti-Monopoly Bureau regarding the Acquisition. NDRC and MOFCOM Anti-Monopoly Bureau’s approvals are two of the PRC regulatory approvals required for the Acquisition.

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SHAREHOLDERS AND POTENTIAL INVESTORS SHOULD NOTE THAT THE TRANSACTION REMAINS SUBJECT TO VARIOUS CONDITIONS PRECEDENT AND MAY OR MAY NOT BECOME UNCONDITIONAL OR BE COMPLETED. THERE IS THEREFORE NO ASSURANCE THAT THE TRANSACTION WILL PROCEED. SHAREHOLDERS AND POTENTIAL INVESTORS ARE REMINDED TO EXERCISE CAUTION WHEN DEALING IN THE SECURITIES OF THE COMPANY.

By Order of the Board China Molybdenum Co., Ltd. Li Chaochun* Chairman

Luoyang City, Henan Province, PRC, 8 July 2016

As at the date of this announcement, the Company’s executive directors are Messrs. Li Chaochun and Li Faben; the Company’s non-executive directors are Messrs. Ma Hui, Yuan Honglin and Cheng Yunlei; and the Company’s independent non-executive directors are Messrs. Bai Yanchun, Xu Shan and Cheng Gordon.

  • For identification purposes only

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