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AAN Alcan Inc.Npv

44.30
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alcan Inc.Npv LSE:AAN London Ordinary Share CA0137161059 COM NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 44.30 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Alcan expires with over 98%

09/11/2007 7:02am

UK Regulatory


RNS Number:3517H
Rio Tinto PLC
09 November 2007



Rio Tinto Offer for Alcan expires with over 98 per cent of shares tendered


Rio Tinto today announces that the offer (the "Offer") by Rio Tinto Canada
Holding Inc. ("RTCH") to acquire all of the shares of Alcan Inc. ("Alcan") is
now closed for acceptance.

As at the expiry time of the Offer (6:00pm Eastern Time (Canada) on November 8,
2007), approximately 8,585,000 additional common shares of Alcan have either
been validly deposited and taken up or are covered by notices of guaranteed
delivery. These additional shares (which represent approximately 2.28 per cent
of the outstanding shares), together with approximately 360,431,000 shares
already beneficially owned by RTCH, represent approximately 98.10 per cent of
the outstanding shares of Alcan.

RTCH will promptly exercise its right to acquire all the remaining Alcan shares
by way of compulsory acquisition under the Canada Business Corporations Act.
Notices of compulsory acquisition will be mailed to remaining shareholders as
soon as practicable.



About Rio Tinto

Rio Tinto is a leading international mining group headquartered in the UK,
combining Rio Tinto plc, a London listed company, and Rio Tinto Limited, which
is listed on the Australian Securities Exchange.

Rio Tinto's business is finding, mining, and processing mineral resources. Major
products are aluminium, copper, diamonds, energy (coal and uranium), gold,
industrial minerals (borax, titanium dioxide, salt, talc) and iron ore.
Activities span the world but are strongly represented in Australia and North
America with significant businesses in South America, Asia, Europe and southern
Africa.

For further information or a copy of reports filed under Canadian securities
legislation, please contact:



Rio Tinto Canada Holding Inc.
770 Sherbrooke Street West, Suite 1800
Montreal, Quebec  H3A1G1



Or please contact:
Media Relations, London                            Media Relations, Australia

Nick Cobban                                        Ian Head
Office:  +44 (0) 20 8080 1305                      Office:  +61 (0) 3 9283 3620
Mobile: +44 (0) 7920 041 003                       Mobile: +61 (0) 408 360 101



                                                   Amanda Buckley
                                                   Office:  +61 (0) 3 9283 3627
                                                   Mobile: +61 (0) 419 801 349
Investor Relations, London                         Investor Relations, Australia

Nigel Jones                                        Dave Skinner
Office: +44 (0) 20 7753 2401                       Office:  +61 (0) 3 9283 3628
Mobile: +44 (0) 7917 227 365                       Mobile: +61 (0) 408 335 309

                                                   Investor Relations, North America

David Ovington                                     Jason Combes
Office:  +44 (0) 20 7753 2326                      Office:  +1 (0) 801 685 4535
Mobile: +44 (0) 7920 010 978                       Mobile: +1 (0) 801 558 2645

Email: questions@riotinto.com


Website: www.riotinto.com

High resolution photographs available at: www.newscast.co.uk








                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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