Harmony Gold Responds to Gold Fields' Statements
February 01 2005 - 11:40AM
PR Newswire (US)
Harmony Gold Responds to Gold Fields' Statements Gold Fields Risks
Creating a False Market JOHANNESBURG, South Africa, Feb. 1
/PRNewswire-FirstCall/ -- Harmony Gold Mining Company Limited
(NYSE:HMY)(JSE:HAR) takes exception to statements made yesterday by
Ian Cockerill, chief executive of Gold Fields (NYSE:GFI) ( JSE:
GFI) , in which he referred to a possible increase in the
consideration payable under Harmony's offers for Gold Fields. In
particular, Harmony refutes Mr Cockerill's claim that Harmony has
held discussions with hedge funds regarding a possible increase and
his reference to a ratio of 1.5 Harmony shares for every Gold
Fields share. Harmony wishes to confirm that it has neither spoken
to any hedge fund nor other institution concerning any potential
increase. Furthermore, any party or institution claiming to be
entering into discussions with such organisations would have been
acting entirely without authority from Harmony. Harmony firmly
believes that the statements by Mr Cockerill are inaccurate,
deliberately misleading and risk creating a false market in the
shares of both Harmony and Gold Fields. Unless the context
otherwise requires, the definitions contained in the offer document
or the registration statement sent to Gold Fields shareholders have
the same meaning in this announcement. In connection with the
proposed merger, Harmony has filed with the U.S. Securities and
Exchange Commission ("SEC"), a registration statement on Form F-4,
which includes a preliminary prospectus and related exchange offer
materials, to register the Harmony ordinary shares (including
Harmony ordinary shares represented by Harmony ADSs) to be issued
in exchange for the remainder of Gold Fields ordinary shares held
by Gold Fields shareholders resident in the United States and for
Gold Fields ADSs held by Gold Fields shareholders wherever
resident, as well as a Statement on Schedule TO. Investors and
holders of Gold Fields securities are strongly advised to read the
registration statement and the preliminary prospectus, the related
exchange offer materials and the final prospectus (when available),
the Statement on Schedule TO and any other relevant documents filed
with the SEC, as well as any amendments and supplements to those
documents, because they contain important information. Investors
and holders of Gold Fields securities may obtain free copies of the
registration statement, the preliminary and final prospectus (when
available) and related exchange offer materials and the Statement
on Schedule TO, as well as other relevant documents filed or to be
filed with the SEC, at the SEC's web site at http://www.sec.gov/.
The preliminary prospectus and other transaction-related documents
may be obtained for free from MacKenzie Partners, Inc., the
information agent for the U.S. offer, at the following address: 105
Madison Avenue, New York, New York 10016; telephone 1 212 929 5500
(call collect) or 1 800 322 2885 (toll-free call); e-mail . This
communication is for information purposes only. It shall not
constitute an offer to purchase or exchange or the solicitation of
an offer to sell or exchange any securities of Gold Fields or an
offer to sell or exchange or the solicitation of an offer to buy or
exchange any securities of Harmony in the US, nor shall there be
any sale or exchange of securities in any jurisdiction in which
such offer, solicitation or sale or exchange would be unlawful
prior to the registration or qualification under the laws of such
jurisdiction. The distribution of this communication may, in some
countries, be restricted by law or regulation. Accordingly, persons
who come into possession of this document should inform themselves
of and observe these restrictions. The solicitation of offers to
buy Gold Fields ordinary shares (including Gold Fields ordinary
shares represented by Gold Fields ADSs) in the US will only be made
pursuant to a prospectus and related offer materials that Harmony
has sent to holders of Gold Fields securities. The Harmony ordinary
shares (including Harmony ordinary shares represented by Harmony
ADSs) may not be sold, nor may offers to buy be accepted, in the US
prior to the time the registration statement becomes effective. No
offering of securities shall be made in the US except by means of a
prospectus meeting the requirements of Section 10 of the United
States Securities Act of 1933, as amended. The directors of Harmony
accept responsibility for the information contained in this
announcement. To the best of the knowledge and belief of the
directors of Harmony (who have taken all reasonable care to ensure
that such is the case), the information contained in this
announcement is in accordance with the facts and does not omit
anything likely to affect the import of such information.
DATASOURCE: Harmony Gold Mining Company Limited CONTACT: Ferdi
Dippenaar, +27-11-684-0140, or +27-82-807-3684, or Corne Bobbert,
+27-11-684-0146, or +27-83-380-6614, both of Harmony Gold; or South
Africa - Jennifer Cohen, +27-11-214-2401, or +27-82-468-6469, , or
Patrick Lawlor, +27-11-214-2410, or +27-82-459-6709, , both of
Beachhead Media & Investor Relations; or United States -
Financial Dynamics Business Communications - Hollis Rafkin-Sax,
+1-212-850-5789, or +1-917-509-0255, , or Torie Pennington,
+1-212-850-5629, or +1-917-838-1369, ; or United Kingdom -
Financial Dynamics Business Communications - Nic Bennett,
+44-207-269-7115, or +44-7979-536-619, , or Charles Watenphul,
+44-207-269-7216, or +44-7866-438-013, ; or US Information Agent -
MacKenzie Partners, Inc - Daniel Burch, +1-212-929-5500, , or Steve
Balet, +1-800-322-2885, all for Harmony Gold Mining Company Limited
Copyright
Gold Fields (NYSE:GFI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Gold Fields (NYSE:GFI)
Historical Stock Chart
From Jul 2023 to Jul 2024