Wrap Text
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
Baar, Switzerland
1 December 2015
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 attached[ii]: GLENCORE PLC
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: No
An event changing the breakdown of voting rights: No
Other (please specify): Yes Baseline notification required as a result of the implementation of changes to the transparency directive
3. Full name of person(s) subject to the notification obligation [iii]: BlackRock Inc.
4. Full name of shareholder(s) (if different from 3.)[iv]:
5. Date of the transaction and date on which the threshold is crossed or reached [v]: 26 November 2015
6. Date on which issuer notified: 30 November 2015
7. Threshold(s) that is/are crossed or reached [vi, vii]: Baseline notification required as a result of the implementation of changes to the transparency
directive; BlackRock Inc. shares and voting rights remain above the previously disclosed threshold of 5%
8. Notified details:
A: Voting rights attached to shares [viii, ix]
Class/type of shares Situation previous Resulting situation after the triggering transaction:
if possible using the ISIN CODE to the triggering transaction:
Number of Number of Number Number of voting % of voting rights [x]
Shares Voting Rights of shares rights
Direct Direct [xi] Indirect [xii] Direct Indirect
JE00B4T3BW64 657,753,254 657,753,254 N/A N/A 661,953,496 N/A 4.59%
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.
Securities Lending N/A N/A 157,303,301 1.09%
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments [xv, xvi]
Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date [xvii] Exercise/ Number of voting rights % of voting rights
instrument Conversion period [xviii] instrument refers to [xix, xx]
CFD N/A N/A N/A 17,835,881 Nominal Delta
0.12% 0.12%
Total return swaps 1,132,246 0.00% 0.00%
Total (A+B+C)
Number of voting rights Percentage of voting rights
838,224,924 5.82%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable [xxi]:
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:
BlackRock Regulatory Threshold Reporting Team
14. Contact name:
Gareth Slade
15. Contact telephone number:
020 7743 2536
For further information please contact:
Investor:
Paul Smith Martin Fewings Elisa Morniroli
t: +41 (0) 41 709 2487 t: +41 (0) 41 709 2880 t: +41 (0) 41 709 2818
m: +41 (0) 79 947 1348 m: +41 (0) 79 737 5642 m: +41 (0) 79 833 0508
e: paul.smith@glencore.com e: martin.fewings@glencore.com e: elisa.morniroli@glencore.com
Media:
Charles Watenphul
t: +41 (0) 41 709 2462
m: +41 (0) 79 904 3320
e: charles.watenphul@glencore.com
Company secretarial:
John Burton Nicola Barrett
t: +41 (0) 41 709 2619 t: +41 (0) 41 709 2755
m: +41 (0) 79 944 5434 m: +41 (0) 79 735 3916
e: john.burton@glencore.com e: nicola.barrett@glencore.com
www.glencore.com
www.youtube.com/glencorevideos
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group's operations comprise of over 150 mining and metallurgical sites, oil production assets and agricultural facilities.
With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 181,000 people, including contractors.
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.
200,000 people, including contractors.
SPONSOR
Absa Bank Limited (acting through its Corporate and Investment Banking Division)
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