The Management Board of KGHM Polska Miedź S.A. („KGHM” „the Company”), in respect of the agreement regarding acquisition of the shares of Quadra FNX Mining Ltd. ("Quadra FNX"), entered into on 6 December 2011 between KGHM and Quadra FNX (current report 40/2011 dated 6 December 2011), announces that the Company was informed that Canada's Competition Bureau is not opposed to the acquisition all of the shares of Quadra FNX by KGHM or an affiliate thereof.
The United States Federal Trade Commission has also announced that it is not opposed to the acquisition of shares of Quadra FNX.
Closure of the transaction is contingent on the meeting of the remaining conditions precedent described by the Company in the aforementioned report.
Legal basis: § 5 sec. 1 point 4 of the Decree of the Minister of Finance dated 19 February 2009 regarding current and periodic information published by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state (Journal of Laws from 2009 No. 33, item 259 with subsequent amendments).
At a Glance
A brief overview of KGHM