Form 4: Arcadium Lithium Director Oris de Roa Fernando Disposes of Shares in Merger with Rio Tinto

Director Oris de Roa Fernando reports the disposal of Arcadium Lithium shares and restricted stock units following the merger with Rio Tinto, receiving $5.85 per share.

Summary

• Director Oris de Roa Fernando disposed of 100,115 ordinary shares of Arcadium Lithium plc on March 6, 2025.
• The disposal was pursuant to the Transaction Agreement with Rio Tinto Western Holdings Limited and Rio Tinto BM Subsidiary Limited, dated October 9, 2024.
• Each share was converted into the right to receive $5.85 in cash.
• Additionally, 40,786 restricted stock units held by the reporting person were canceled, with the right to receive the same consideration of $5.85 per share.
• The transactions occurred as a result of the effective time of the merger.
• Following the transaction, the reporting person beneficially owns 0 ordinary shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction following a merger. There are no indications of distress or exceptional gains.

Future Outlook

The document does not contain any specific forward-looking statements beyond the completion of the merger transaction.

Industry Context

This announcement reflects the completion of a merger transaction in the lithium industry, indicating consolidation and potential shifts in market power. Rio Tinto's acquisition of Arcadium Lithium suggests a strategic move to expand its presence in the battery materials sector.

Stakeholder Impact

• Shareholders received $5.85 per share as part of the merger agreement.
• The completion of the merger impacts the ownership structure of Arcadium Lithium.

Key Dates