GLN - Notification of major interest in shares
GLENCORE XSTRATA PLC
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
HKSE Share Code: 805HK
ISIN: JE00B4T3BW64
22 July 2014
For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i)
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are GLENCORE PLC
attached:(ii)
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares
already issued to which voting rights are attached No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments Yes
An event changing the breakdown of voting rights No
Other (please specify): No
3. Full name of person(s) subject to the Qatar Holding LLC
notification obligation: (iii) Qatar Investment Authority (as parent undertaking only)
4. Full name of shareholder(s) Qatar Holding LLC
(if different from 3.): (iv)
5. Date of the transaction and date on
which the threshold is crossed or reached: (v) 17 July 2014
6. Date on which issuer notified: 21 July 2014
7. Threshold(s) that is/are crossed or 9% (downwards)
reached: (vi, vii)
8. Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction
if possible using Number Number Number Number of voting % of voting rights (x)
the ISIN CODE of of of shares rights
Shares Voting
Rights Direct Direct(xi) Indirect (xii) Direct Indirect
USD 0.01 Ordinary
Shares
JE00B4T3BW64 N/A N/A 1,170,930,474 1,170,930,474 N/A 8.818% N/A
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date(xiii) Conversion Period (xiv) rights that may be rights
acquired if the
instrument is
exercised/ converted
N/A N/A N/A N/A N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv, xvi)
Resulting situation after the triggering transaction
Type of financial Exercise Expiration Exercise/ Number of voting rights % of voting rights (xix,xx)
instrument price date (xvii) Conversion instrument refers to
per
(xviii)
Options on ordinary N/A Dates N/A 10,143,792 Nominal Delta
shares starting 21 (after delta adjustment) See 0.076%
Oct 2014 section 13
and ending
27 May 2015
Total (A+B+C)
Number of voting rights Percentage of voting rights
1,181,074,266 8.895%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi)
Qatar Holding LLC is the beneficial holder of the specified shares and voting rights in Glencore PLC. Qatar Holding
LLC is established as a limited liability company in the Qatar Financial Centre (“QFC”) and is licensed by the QFC
Authority under License No. 00004. Qatar Holding LLC is wholly-owned by Qatar Investment Authority (“QIA”) and
makes this notification on behalf of itself and QIA.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information: On a nominal basis the voting rights underlying the
options on ordinary shares total 100,695,000. The voting
rights underlying the options on ordinary shares have
been re-calculated on a delta-adjusted basis, as permitted
by the Financial Conduct Authority's (the “FCA”)
isclosure and Transparency Rules (the “DTRs”).
As required under the FCA DTRs, this notification has
been prepared using the total voting rights figure
of 13,278,405,466 as set out in the public announcement
made by Glencore Plc on 02 January 2014.
14. Contact name: Mr. Ahmad Al-Sayed, Managing Director & CEO of Qatar Holding LLC
15. Contact telephone number: +974.4499.5806
SPONSOR
Absa Bank Limited (acting through its Corporate and Investment Banking Division)
Date: 22/07/2014 08:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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