Oct 1 2007
The results of voting at the Extraordinary General Meetings of Rio Tinto plc and Rio Tinto Limited, held on 14 September 2007 and 28 September respectively, to approve the acquisition of Alcan are released today.
Under Rio Tinto's dual listed companies structure established in 1995, decisions on significant matters affecting shareholders of Rio Tinto plc and Rio Tinto Limited in similar ways are taken through a joint electoral procedure.
The following ordinary resolution, which was put to Rio Tinto plc and Rio Tinto Limited shareholders on a poll at the respective Extraordinary General Meetings, was subject to the joint electoral procedure and the aggregate results of the joint poll is as follows:
- For - 708,655,602
- Against - 19,608,655
Paul Skinner, chairman of Rio Tinto, said, "The Board of Rio Tinto is pleased to have received such a strong endorsement from shareholders for the Group's decision to acquire Alcan. The transaction will bring Rio Tinto a set of aluminium assets of the highest quality which are competitively well positioned and will transform our aluminium business into a world leader. We are aiming to complete the transaction in the fourth quarter of 2007 and are working closely with various regulatory agencies to achieve that objective."