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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
April 22, 1999
ALCAN ALUMINIUM LIMITED
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(Exact name of Registrant as specified in its charter)
Canada
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(state or other jurisdiction of incorporation)
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<S> <C>
1-3677 Inapplicable
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(Commission (I.R.S. Employer
File Number) (Identification No.)
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1188 Sherbrooke Street West, Montreal, Quebec, Canada H3A 3G2
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(Address of principal executive offices, including postal code)
(514) 848-8000
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(Registrant's telephone number, including area code)
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Item 5. Other Events.
This report consists of a press release relating to the amendment and
restatement of the Company's Shareholder Rights Plan.
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PRESS RELEASE [LOGO]
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FOR IMMEDIATE RELEASE
ALCAN AMENDS ITS SHAREHOLDER RIGHTS PLAN
MONTREAL, CANADA - APRIL 22, 1999 - Alcan Aluminium Limited announces that its
Shareholders approved certain amendments to the Shareholder Rights Plan.
The Rights Plan is set out in full in Alcan's Management Proxy Circular, issued
in March for its Annual Meeting held today.
The highlights of the amendments made to the Rights Plan are the following:
(Bullet) the Rights Plan will terminate on 1 May 2008
(Bullet) the Rights Plan must be reconfirmed by the Shareholders at the
Annual Meeting of Shareholders in each of years 2002 and 2005
(Bullet) the definition of "Beneficial Owner" has been modified to exclude a
person holding voting rights over Shares
(Bullet) certain residual discretion of the Board has been removed, and
(Bullet) a Permitted Bid must remain open for 60 calendar days instead of 75
calendar days
Alcan's Shareholder Rights Plan was originally adopted on 14 December 1989.
Alcan is a multinational, market-driven, low-cost producer of aluminum products.
With operations and sales offices in over 30 countries, Alcan is one of the most
international aluminum companies in the world. It is a leading producer of
primary metal and a global producer and marketer of rolled aluminum products.
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Alcan Aluminium Limited Media contact: Alain Bergeron
1188 Sherbrooke Street West Tel.: 1 (514) 848-8232
Montreal, Quebec H3A 3G2 Investor contact: Alan G. Brown
Canada Tel.: 1 (514) 848-8368
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ALCAN ALUMINIUM LIMITED
By /s/ Roy Millington
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Roy Millington
Assistant Secretary
Date: April 22, 1999
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