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GLENCORE PLC - GLN - TR-1: Notification of Major Interest in Shares

Release Date: 28/04/2016 07:05
Code(s): GLN     PDF:  
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GLN - TR-1: Notification of Major Interest in Shares

Glencore 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
26 April 2016

TR-1: Notification of Major Interest in Shares

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                                        X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial
instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the              Qatar Holding LLC
notification obligation:                              Qatar Investment Authority (as parent undertaking only)

4. Full name of shareholder(s)
(if different from 3.): (iv)                          Qatar Holding LLC                    

5. Date of the transaction and date on
which the threshold is crossed or reached:v           25 April 2016

6. Date on which issuer notified:                     26 April 2016

7. Threshold(s) that is/are crossed or
reached: (vi, vii)                                    Below 9%


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
the ISIN CODE          of                of               of shares       rights                       rights (x)
                       Shares            Voting                                      
                                         Rights           Direct          Direct           Indirect    Direct     Indirect
                                                                          (xi)             (xii)                               

JE00B4T3BW64           1,307,587,099     1,307,587,099    1,294,889,180    1,294,889,180    N/A        8.996%      N/A   
USD 0.01                                                                     
Ordinary shares

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
instrument             price         date (xvii)  Conversion       instrument refers to            rights (xix, xx)
                                                  period (xviii)                                   Nominal     Delta
N/A                    N/A           N/A          N/A              N/A                             N/A         N/A

Total (A+B+C)
Number of voting rights                                    Percentage of voting rights
1,294,889,180                                              8.996%

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:
14. Contact name:
    Ian R. Kellow
    Head of Compliance
    Qatar Holding LLC/Qatar Investment
    Authority
15. Contact telephone number:                            
    +974-4499-5893

 For further information please contact:
 Investors
 Paul Smith               t: +41 41 709 24 87     m: +41 79 947 13 48     paul.smith@glencore.com
 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
 Pam Bell                 t: +44 20 7412 3471     m: +44 77 3031 9806     pam.bell@glencore.co.uk
                         
 Company secretarial:
 John Burton              t: +41 41 709 2619      m: +41 79 944 5434      john.burton@glencore.com
 Nicola Leigh             t: +41 41 709 2755      m: +41 79 735 3916      nicola.leigh@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.

Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank Division)

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