Wrap Text
GLN - PDMR notification: Vesting of awards to CEO
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
23 March 2026
PDMR notification: Vesting of awards to CEO
The Company announces the vesting on 22 March 2026 of shares granted to its Chief Executive
Officer, Gary Nagle, in respect of a Deferred Bonus Award (DBA) and a Restricted Share Plan
(RSP) award. Further details on Mr Nagle's remuneration are included in the Directors'
Remuneration Report in the 2025 Annual Report that the Company released on 10 March 2026.
However, the vestings set out below will be included in the 2026 Directors' Remuneration
Report in the 2026 Annual Report.
Details regarding the vested shares are contained are the table below.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Gary Nagle
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial Initial notification
notification/Amendment
3 Details of the issuer, UK emission allowance market participant, auction platform or
auctioneer
a) Name Glencore plc
b) LEI 2138002658CPO9NBH955
4 Details of the transaction(s): section to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where transactions
have been conducted
a) Description of the Vesting of units now converted into ordinary shares of the
financial instrument, Company:
type of instrument
i) Share units awarded under the DBA have fully vested 3
years following grant date
ii) Share units awarded under RSP have fully vested 3
years following grant date, following an assessment by
the Remuneration Committee of the performance
underpins. They remain subject to a holding period
equal to the later of five years from the grant date or
two years post-employment.
Identification code ISIN: JE00B4T3BW64
b) Nature of the Vesting on 22 March 2026 into ordinary shares of awarded
transaction units following:
i) Grant of share units under the DBA
ii) Grant of share units under the RSP
The grants were made on 23 March 2023.
c) Price(s) and volume(s) i) Shares vested under DBA Volume(s)
i) 316,399
ii) Shares vested under RSP Volume(s)
ii) 608,622
d) Aggregated information Aggregate number of shares vested: Volume(s)
• Aggregated (No price paid.) 925,021
volume
• Price
e) Date of the transaction 23 March 2026
f) Place of the transaction Outside a trading venue
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
www.glencore.com
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 commodities. Through a network of assets, customers and
suppliers that spans the globe, we produce, process, recycle, source, market and distribute the
commodities that advance everyday life.
With over 140,000 employees and contractors and a strong footprint in over 30 countries in both
established and emerging regions for natural resources, our marketing and industrial activities are
supported by a global network of 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.
Follow us on social media:
linkedin.com/company/glencore
x.com/glencore
instagram.com/glencoreplc
facebook.com/glencore
youtube.com/glencorevideos
Important Information
This material does not purport to contain all of the information you may wish to consider. For further
important information, including in connection with forward-looking statements and other cautionary
information, refer to the Important notice section of Glencore's 2025 Annual Report, which is available
at glencore.com/publications. This document does not constitute or form part of any offer or invitation
to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities.
Other information
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: 23-03-2026 03:30:00
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