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GLN: Cancellation Of Treasury Shares.
GLENCORE PLC
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
ISIN: JE00B4T3BW64
LEI: 2138002658CPO9NBH955
Baar, Switzerland
14 October 2022
Cancellation of treasury shares
As the Company’s cumulative treasury shares have been building up from its various buyback
programmes, it is adopting a policy to reduce and maintain their numbers below 10% of total issued share
capital from time to time. Accordingly, the Company announces today the cancellation of 500 million
treasury shares.
The Company furthermore announces the transfer of 50 million treasury shares, for nil consideration, to
the Company’s employee benefit trust (EBT) to satisfy potential awards under the Company’s employee
share schemes.
Following these actions, as of opening of dealings today, the total number of ordinary shares in treasury
was 1,088,074,958, representing approximately 8.4% of the Company’s total issued share capital.
In accordance with Listing Rule 12.6.4, the Company discloses the following information:
Date of cancellation 14 October 2022
Number of treasury shares cancelled 500,000,000
Number of treasury shares transferred to EBT 50,000,000
Total number of issued ordinary shares following the cancellation 14,086,200,066
Total number of treasury shares following the cancellation and transfer 1,088,074,958
Total number of ordinary shares less treasury shares 12,998,125,108
For further information please contact:Investors
Martin Fewings t: +41 41 709 28 80 m: +41 79 737 56 42 martin.fewings@glencore.com
Media
Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20 charles.watenphul@glencore.com
Company Secretarial
John Burton t: +41 41 709 26 19 m: +41 79 944 54 34 john.burton@glencore.com
Nicola Leigh t: +41 41 709 27 55 m: +41 79 735 39 16 nicola.leigh@glencore.com
Lionel Mateo t: +41 41 709 28 47 m: +41 79 152 09 05 lionel.mateo@glencore.com
www.glencore.com
Glencore LEI: 2138002658CPO9NBH955
Notes for Editors
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and
marketer of more than 60 responsibly-sourced commodities that advance everyday life. Through a network of assets,
customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the
commodities that enable decarbonisation while meeting the energy needs of today.
Follow us on social media:
Glencore companies employ around 135,000 people, including contractors. With a strong footprint in over 35
countries in both established and emerging regions for natural resources, our marketing and industrial activities are
supported by a global network of more than 40 offices.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery
manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of
commodities.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International
Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
Glencore recognises our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement.
Our ambition is to be a net zero total emissions company by 2050. In August 2021, we increased our medium-term
emission reduction target to a 50% reduction by 2035 on 2019 levels and introduced a new short-term target of a
15% reduction by 2026 on 2019 levels.
linkedin.com/company/glencore
twitter.com/glencore
instagram.com/glencoreplc
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Disclaimer
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this
document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc
and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other
relationship between the companies. Likewise, the words “we”, “us” and “our” are also used to refer collectively to members of the
Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the
particular company or companies.
Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 14-10-2022 03:28:00
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