Newcrest Mining

Equities

NCM

AU000000NCM7

Market Closed - Australian S.E. Other stock markets 01:10:49 2023-10-26 am EDT			5-day change	1st Jan Change
23.35 ^AUD	-1.27%		-.--%	-.--%

2023	National Bank of Canada Reduces Newmont's Price Target	MT
2023	Newmont Completes Newcrest Mining Acquisition	MT

Newcrest Announces Shareholders Vote in Favour of Scheme

October 16, 2023 at 09:53 am EDT

Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) refers to the proposed scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd) (Scheme).

Results of the Scheme Meeting

In accordance with the ASX Listing Rules and the Corporations Act, Newcrest advises that the resolution to approve the Scheme as set out in the Notice of Scheme Meeting (Scheme Resolution), was passed by the requisite majorities of Newcrest shareholders at the Scheme Meeting held earlier today. In summary: 84.74% of Newcrest shareholders present and voting (in person or by proxy) were in favour of the Scheme Resolution and 92.63% of the votes cast by Newcrest shareholders were in favour of the Scheme Resolution.

Details of the valid proxies received and votes cast are set out in the attachment to this announcement.

Next steps

Newcrest will apply to the Federal Court of Australia (Court) for approval of the Scheme at a hearing scheduled for 10.15am (Melbourne time) on 17 October 2023.

If the Court approves the Scheme at the Second Court Hearing, a copy of the Court orders will be lodged with ASIC, following which the Scheme will become effective.

Special Dividend

Newcrest announced on 5 October 2023 a Special Dividend of US$1.10 per Newcrest share, subject to the Scheme becoming effective. This dividend will be fully franked.

Newcrest shares on the ASX and PNGX will trade ex the Special Dividend from commencement of trading on 18 October 2023. Newcrest shares on the TSX will trade ex the Special Dividend from commencement of trading on 19 October 2023.

The record date for the dividend will be 7.00pm (Melbourne time), 19 October 2023 and it will be paid on 27 October 2023.

Scheme Consideration

Subject to the Scheme becoming effective, eligible Newcrest shareholders will be entitled to receive the Scheme Consideration of 0.400 Newmont securities for each Newcrest share held on the Scheme Record Date, being 7.00pm (Melbourne time) on 30 October 2023. Newcrest shareholders on the: Australian share register will receive Newmont CHESS depositary interests (Newmont CDIs); PNG share register will receive Newmont PETS depositary interests (Newmont PDIs) and Canadian share register will receive Newmont shares (Newmont Shares).

Authorised by Claire Hannon, Company Secretary

Contact:

Tom Dixon

Tel: +61 3 9522 5570

Email: Tom.Dixon@newcrest.com.au

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	NEWMONT CORPORATION	42.77 USD	-0.16%	+5.20%	49.4B
	NEWCREST MINING	23.35 AUD	-1.27%	-.--%	13.76B

Latest news about Newcrest Mining

National Bank of Canada Reduces Newmont's Price Target	Nov. 07	MT
Newmont Completes Newcrest Mining Acquisition	Nov. 06	MT
Materials Down as Dollar Recoups Some Losses -- Materials Roundup	Nov. 06	DJ
China firm launches stock indices to tap into rush for safe-haven gold	Nov. 01	RE
Newcrest Mining Limited(ASX:NCM) dropped from FTSE All-World Index	23-10-27	CI
Materials Up After Strong 3Q GDP Reading -- Materials Roundup	23-10-26	DJ
Newmont's Q3 Adjusted EPS Rises YOY, Revises 2023 Production Outlook; National Bank Says Results Missed Estimates	23-10-26	MT
Newmont 3Q Net Earnings Down, Sees Newcrest Deal Closing Nov 6	23-10-26	DJ
Newmont's Q3 Adjusted EPS Rises YOY, Revises 2023 Production Outlook	23-10-26	MT
Newmont Brief: Says "Remains on Track" to Close the Pending Acquisition of Newcrest	23-10-26	MT
Newmont Brief: Q3 Adjusted net income per share ($/diluted share) US$0.36; Declaring $0.40 Dividend;	23-10-26	MT
Australian shares give up early gains as inflation data raises rate-hike odds	23-10-25	RE
Newmont Brief: All regulatory, shareholder and legal approvals for Proposed acquisition of Newcrest by Newmont have been secured; Cos Expect Transaction to close in early November	23-10-18	MT
Newmont Corporation completed the acquisition of Newcrest Mining Limited from State Street Corporation, BlackRock, Inc., The Vanguard Group, Inc., Allan Gray Australia Pty Ltd. and others.	23-10-17	CI
Newmont Corporation completed the acquisition of Newcrest Mining Limited from State Street Corporation, BlackRock, Inc., The Vanguard Group, Inc., Allan Gray Australia Pty Ltd. and others.	23-10-17	CI
RBC Capital Markets Says Newcrest's Fiscal Q1 Production Below Estimates	23-10-17	MT
Progress continues at Greatland Gold's Havieron project	23-10-17	AN
Australian Federal Court OKs Newmont Acquisition of Newcrest Mining	23-10-17	MT
Gold stalls as investors focus on Powell's speech	23-10-16	RE
Australian shares gain ahead of RBA minutes, Rio Tinto jumps	23-10-16	RE
Australian miner Newcrest's quarterly gold output falls on maintenance shutdowns	23-10-16	RE
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Newmont Brief: Announcing End of Strike at Penasquito Mine in Mexico	23-10-16	MT
Australian shares inch lower as banks, tech stocks drag	23-10-15	RE
Newcrest Mining Shareholders Approve Proposed Acquisition by Newmont	23-10-13	MT

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Company Profile

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company's assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.

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