Thursday, May 2, 2013

Commodities Buzz: Glencore Xstrata New Scheme Of Merger Becomes Effective Now

Glencore is pleased to announce that the New Scheme and the Merger have now become effective and the entire issued ordinary share capital of Xstrata is owned by the Glencore Group. Admission to trading of Xstrata Shares on the London Stock Exchange's main market for listed securities and listing of Xstrata Shares on the Official List of the UK Listing Authority are expected to be cancelled with effect from 8.00 a.m. (London time) on 3 May 2013. The official cancellation of the secondary listing of the Xstrata Shares on the SIX Swiss Stock Exchange is expected to take effect on, and including, 6 May 2013.
Source by Commodity Insights

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