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Members Information

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If you are interested in joining the Nyrstar Collective, we kindly ask you to familiarize yourself with the context of our initiative, its objectives, and the terms of membership. Should you decide to proceed, please provide us with the required documents via the form below. Once this information has been verified and deemed accurate, we will send you a membership agreement containing additional details, allowing you to formalize your accession.

  • The Nyrstar Collective, composed of RSQ Investors and certain affiliated individuals and legal entities, holds an interest in the publicly listed company Nyrstar NV; as of 20 December 2021, this interest exceeded 15% of the company’s outstanding shares.

     

    The Nyrstar Collective has gathered serious indications that (some of) the current and/or former directors of the Company and its main shareholder, Trafigura, have endangered the continuity and existence of the Company, and have organized or facilitated the unlawful transfer of the Company’s assets to Trafigura. This led to a further weakening of the Company, followed by a restructuring in which Trafigura ultimately became 100% owner of all operational assets. As a result, existing minority shareholders were completely expropriated.

     

    RSQ Investors, together with a number of minority shareholders, has initiated legal proceedings to obtain full transparency regarding the agreements and interactions between the Company and Trafigura, and is taking action to challenge the restructuring and to obtain compensation for the Company and its (minority) shareholders. This includes, among other things, claims for annulment of the contested transactions, liability claims against current or former directors, auditors, and financial advisors of the Company, as well as against Trafigura, and legal actions in other jurisdictions.

  • The objectives of our initiative can be summarized as follows:

     

    Restoration of Nyrstar NV’s assets and obtaining compensation for the affected minority shareholders.

     

    Encouraging and contributing to a public debate and the adoption of policy improvements on how this type of “cuckoo capitalism” can be stopped and avoided, in favor of a socially responsible capitalism – not only in the interest of minority shareholders, but also for the preservation of Belgian companies and confidence in our legal system and the proper functioning of capital markets.

  • If you wish to join our initiative, the following conditions apply:

     

    • Confirmation that you acknowledge and support our objectives;

    • Payment of a fair fixed fee and a performance-based fee in proportion to your shareholding;

    • Assurance of confidentiality regarding the information provided;

    • Confirmation that you will not trade in Nyrstar NV shares after joining the Nyrstar Collective;

    • Submission of a complete overview of your transaction history (including dates of purchase, number of shares bought/sold, and transaction price per share), along with a bank certificate as proof of your current shareholding.

     

    You may confirm your acceptance of these conditions via the form below, which also allows you to submit your transaction history and the necessary bank certificates.

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