M&A: Arcadium Lithium plc

Form Type: 8-K

Filing Date: 2024-12-23

Corporate Action: Acquisition

Type: New

Accession Number: 000095010324018204

Comments: On December 23, 2024, Arcadium Lithium plc held a special court-ordered meeting and an extraordinary general meeting to address a transaction involving the acquisition of all ordinary shares by Rio Tinto BM Subsidiary Limited. Shareholders voted on several proposals, including the scheme of arrangement to transfer shares in exchange for $5.85 per share. A total of 67.17% of shares were represented at the Scheme Meeting, with an approval of 75% or more of votes cast for the scheme proposal. The Company GM saw an approval for a golden parachute arrangement and measures necessary for implementing the scheme of arrangement. The results reveal significant shareholder support for the acquisition and associated proposals, signaling a strong consensus on the transaction’s benefits.

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