To view the PDF file, sign up for a MySharenet subscription.

GLENCORE PLC - GLN - 2019 H1 Distribution - determination of currency amounts

Release Date: 02/05/2019 11:40
Code(s): GLN     PDF:  
Wrap Text
GLN - 2019 H1 Distribution - determination of currency amounts

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
2 May 2019

   2019 H1 Distribution - determination of currency amounts

Glencore confirms that:

   1. subject to approval of shareholders at its AGM on 9 May 2019, it will
      make a return of capital on 23 May 2019 to holders of record at the
      close of business on 26 April 2019 on the Jersey register

   2. this repayment is of US$0.10 per ordinary share and is to be made in US
      dollars, although shareholders on the Jersey register have been able to
      elect to receive their distribution payments in Pounds Sterling, Euros
      or Swiss Francs. Shareholders who hold via the Hong Kong Nominee will
      receive their distribution in Hong Kong Dollars

   3. the Pound Sterling, Euro, Swiss Franc and Hong Kong Dollar amounts
      payable are determined by reference to the closing mid exchange rates
      applicable to the US dollar on Wednesday 1 May 2019.

The following rates were published in the Financial Times guide to world
currencies today, 2 May 2019:

       GBP/USD               EUR/USD          USD/CHF            USD/HKD
       1.3082                1.1241           1.0149             7.8451

Accordingly, for non US dollar payments the amount payable per share on 23
May 2019 will be approximately:

                        Pounds Sterling       0.076441
                        Euros                 0.088960
                        Swiss Francs          0.101490
                        HK Dollars            0.784510


An announcement was made in South Africa on 12 April regarding the determination
of the South African Rand amount payable in respect of shares on the
Johannesburg register.

For further information please contact:

Distribution enquiries
Nicola Leigh       t:+41 41 709 2755      m: +41 79 735 3916   nicola.leigh@glencore.com
Lionel Mateo       t:+41 41 709 2847      m: +41 79 152 0905   lionel.mateo@glencore.com

Investors
Martin Fewings    t: +41 41 709 2880        m: +41 79 737 5642      martin.fewings@glencore.com
Ash Lazenby       t: +41 41 709 2714        m: +41 79 543 3804      ash.lazenby@glencore.com

Media
Charles Watenphul t: +41 41 709 24 62       m: +41 79 904 33 20     charles.watenphul@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 90 commodities. The Group's operations
comprise around 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 sectors. We also provide financing, logistics
and other services to producers and consumers of commodities. Glencore's companies
employ around 158,000 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.

Follow us on social media:
       www.facebook.com/Glencore
       www.flickr.com/photos/glencore
       www.instagram.com/glencoreplc
       www.linkedin.com/company/8518
       www.slideshare.net/glencore
       www.twitter.com/glencore
       www.youtube.com/glencorevideos

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 Bank Limited (acting through its Corporate and Investment Banking Division)

Date: 02/05/2019 11:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story