Harmony Gold Mining Company Limited - Press Release Release Date: 23/11/2005 16:40:08 Code(s): HAR Harmony Gold Mining Company Limited - Press Release
HARMONY GOLD MINING COMPANY LIMITED
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
Trading Symbols
JSE Limited HAR
New York Stock Exchange, Inc . HMY
London Stock Exchange plc HRM
Euronext Paris HG
Euronext Brussels HMY
Berlin Stock Exchange HAM1
HARMONY GOLD TO DUAL LIST ON NASDAQ
First International company to dual list
Johannesburg, 23 November 2005 - Harmony Gold Mining Limited (NYSE:HMY JSE:HAR)
today announced that it will dual list its ADRs on the NASDAQ National Market
and the NYSE. Harmony is the first South African company to dual list its stock
on NASDAQ and the NYSE.
The stock will begin trading on the NASDAQ National Market on November 29th,
2005.
Bruce Aust, Executive Vice President, Head of NASDAQ"s Corporate Client Group
said, "We are very pleased Harmony has decided to take advantage of NASDAQ"s
dual listing initiative. A leader in its industry, Harmony will be able to
experience the benefits of an electronic model, with access to highly efficient
trading in a highly transparent and competitive market."
Bernard Swanepoel, CEO of Harmony said, "We were impressed by the efficient
process of listing on NASDAQ and we are proud to be the first company outside
the Americas to be dual listed. With more than 40% of our stock being traded in
North America, we are delighted to offer our shareholders an alternative
platform to trade the stock."
Harmony Gold Mining Company Limited, is engaged in gold and related mining
operations in South Africa, Australia and Papua New Guinea, producing
approximately 2.9million ounces per annum. The company has been successful in
its strategy of growth through acquisitions and has emerged as one of the top
gold producers in the world and the third largest in South Africa. Harmony is
currently building five mines in South Africa and another in Papua New Guinea,
which results in the company increasing the quality and size of its production
base.
NASDAQ is the largest electronic screen-based equity securities market in the
United States. With approximately 3,200 companies, it lists more companies and,
on average, trades more shares per day than any other U.S. market. It is home to
companies that are leaders across all areas of business including technology,
retail, communications, materials, financial services, transportation, media and
biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks.
NASDAQ"s dual listing initiative was launched in January 2004. Companies that
dual list on NASDAQ have to meet the National Market listing standards. Firms
listing on NASDAQ as well as the NYSE will trade under the same three-letter
symbol on both markets.
There are now 8 dual listed companies:
Harmony (NYSE: HMY)
Apache Corporation (NYSE: APA)
The Charles Schwab Corporation (NYSE: CDN)
Hewlett-Packard (NYSE: HPQ)
Walgreens (NYSE: WAG)
American Financial Group (NYSE: AFG)
Chicago Mercantile Exchange Holdings Inc (NYSE: CME)
Nuveen Investments (NYSE: JNC)
NASDAQ makes no representation about the financial conditions of any company.
Investors should evaluate companies carefully before investing.
END
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.
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.
In connection with the proposed acquisition of Gold Fields, Harmony has filed a
registration statement (File no: 333-120975) on Form F-4 (which was declared
effective by the Securities and Exchange Commission ("SEC") on February 28,
2005) and filed a final prospectus, dated February 25, 2005, with the SEC
pursuant to Rule 424(b)(3) of the Securities Act of 1933, to register the
Harmony ordinary shares (including Harmony ordinary shares represented by
Harmony American Depositary Shares ("ADSs")) to be issued in exchange for Gold
Fields ordinary shares held by Gold Fields shareholders located in the United
States and for Gold Fields ADSs held by Gold Fields shareholders wherever
located, as well as a Statement on Schedule TO. Investors and holders of Gold
Fields securities are strongly advised to read the registration statement, the
related exchange offer materials and the final prospectus, 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, related exchange offer materials, the
final prospectus 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
www.sec.gov. Investors and holders of Gold Fields securities will receive
information at an appropriate time on how to obtain transaction-related
documents for free from Harmony or its duly designated agent. The final
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
proxy@mackenziepartners.com.
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, 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
communication 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 United States 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 United States prior to the time the
registration statement becomes effective. No offering of securities shall be
made in the United States except by means of a prospectus meeting the
requirements of Section 10 of the United States Securities Act of 1933, as
amended.
Corporate Office: Suite No.1
Private Bag X1
Melrose Arch
Johannesburg
South Africa 2076
T +27 (11) 684 0140
F +27 (11) 684 0188
www.harmony.co.za
For more information about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com
or the NASDAQ Newsroom at www.nasdaq.com/newsroom/.
Date: 23/11/2005 04:40:20 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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