Alcoa And Alumina Enter Into Amended Scheme Of Implementation Deed
Alcoa And Alumina Enter Into Amended Scheme Of Implementation Deed
Alcoa and Alumina enter into Amended Scheme of Implementation Deed
美铝和氧化铝签订了经修订的《实施计划契约》
Allan Gray Australia reiterates support of the Transaction
澳大利亚艾伦·格雷重申对该交易的支持
Transaction remains on schedule for completion in the third quarter 2024
交易仍按计划于2024年第三季度完成
$Alcoa (AA.US)$ today announced it has entered into a Deed of Amendment and Restatement (the "Amendment") of the Scheme Implementation Deed previously announced March 11, 2024 (the "Agreement") with $Alumina Ltd (AWC.AU)$ in relation to the acquisition of Alumina Limited (the "Scheme"). Alumina Limited shareholders will continue to receive the previously announced Scheme Consideration of 0.02854 New CHESS Depositary Interests ("New Alcoa CDIs") or equivalent for each Alumina Limited share (the "Agreed Ratio"). Each New Alcoa CDI represents a unit of beneficial ownership in a share of Alcoa common stock. Alumina Limited shareholders will be able to trade Alcoa common stock via the New Alcoa CDIs, which will be listed on the Australian Securities Exchange ("ASX").
$美国铝业公司 (AA.US)$ 今天宣布已与先前于2024年3月11日宣布的计划实施契约（“协议”）签订了修正和重述契约（“修正案”）， $Alumina Ltd (AWC.AU)$ 与收购氧化铝有限公司（“计划”）有关。Alumina Limited的股东将继续获得先前宣布的计划对价，即0.02854股新的CHESS存托权益（“新美铝CDI”）或氧化铝有限公司每股等值股份（“商定比率”）。每个新美铝CDI代表美铝普通股中的一个实益所有权单位。Alumina Limited的股东将能够通过将在澳大利亚证券交易所（“ASX”）上市的新美铝CDI交易美国铝业公司普通股。
The Amendment is the result of cooperative discussions with all parties – including CITIC Group ("CITIC"), which holds or controls through its affiliates an 18.9% stake in Alumina Limited – to advance the transaction, which is expected to be completed in the third quarter of 2024. Alcoa has a longstanding working relationship with CITIC, which holds a stake in the Portland Aluminium joint venture in the state of Victoria, Australia, alongside Alcoa of Australia.
该修正案是与包括中信集团（“中信”）在内的所有各方合作讨论的结果，该公司通过其关联公司持有或控制Alumina Limited18.9％的股份，旨在推进该交易，该交易预计将于2024年第三季度完成。美铝与中信有着长期的合作关系，中信与澳大利亚铝业公司一起持有澳大利亚维多利亚州波特兰铝业合资企业的股份。
Alcoa and Alumina Limited have amended the Agreement whereby an affiliate of CITIC will receive a small proportion, approximately 1.5 percent of the pro forma outstanding Alcoa common stock, of its consideration under the Scheme in non-voting convertible series A preferred stock (par value US$0.01 per share) ("New Alcoa Non-Voting Shares"), instead of New Alcoa CDIs.
美国铝业和氧化铝有限公司修订了协议，根据该协议，中信的子公司将获得其在该计划下的无表决权可转换A系列优先股（面值每股0.01美元）（“新美铝无表决权股票”）对价中的一小部分，约占美国铝业预计已发行普通股的1.5％，而不是新美铝CDI。
The New Alcoa Non-Voting Shares will be issued to enable CITIC to comply with the Bank Holding Company Act of 1956, which prohibits CITIC, as the owner of certain banking assets in the United States, from holding more than 5 percent of any class of voting shares in a U.S. public company. The economic rights of the New Alcoa Non-Voting Shares are generally equivalent to the economic rights of New Alcoa CDIs.
将发行新的美铝无表决权股票，以使中信能够遵守1956年《银行控股公司法》，该法禁止中信作为美国某些银行资产的所有者持有美国上市公司任何类别的有表决权股份的5％以上。新美铝无表决权股票的经济权利通常等同于新美铝CDI的经济权利。