Wrap Text
GLN - 2024 Distribution timetable
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
21 February 2024
2024 Distribution timetable
Glencore plc has today announced that its Board is recommending an aggregate
distribution of US$0.13 per share in respect of the financial year ended 31 December 2023.
Distributions will be declared and paid in U.S. dollars, although shareholders on the Jersey
register will be able to elect to receive their distribution payments in Pounds Sterling, Euros
or Swiss Francs. Shareholders who formerly held shares through the Computershare Hong
Kong nominee will receive distribution payments in US dollars unless they make an election
to receive payments in Swiss francs, Sterling or Euros, or subscribe to the global payment
service to elect to receive payments in the currency of their choosing (including Hong Kong
Dollars), by the prescribed date. Elections will remain in place until revoked by the
shareholder.
Shareholders on the Johannesburg register will receive their distribution payments in South
African Rand.
Subject to shareholder approval, the distribution will be made from the capital contribution
reserves of the Company in two equal tranches of $0.065 payable in the first six months of
the 2024 financial year (H1) and second six months of the 2024 financial year (H2) in
accordance with the following:
H1 Distribution Timetable
Distribution events Dates (all 2024)
Applicable exchange rate reference date (Johannesburg Friday, 19 April
Stock Exchange (JSE))
Applicable exchange rate announced on the JSE Monday, 22 April
Last day to effect removal of shares cum distribution between Monday, 29 April
Jersey and JSE registers at commencement of trade
Last time to trade on JSE to be recorded in the register on Monday, 29 April
record date
H1 Ex-Distribution date (JSE) Tuesday, 30 April
H1 Ex-Distribution date (Jersey) Thursday, 2 May
H1 Distribution Record Date for JSE Friday, 3 May
H1 Distribution Record Date in Jersey Friday, 3 May
Removal of shares between the Jersey and JSE registers Monday, 6 May
permissible from
Deadline for return of currency election form Tuesday, 7 May
(Shareholders on Jersey Register only)
Applicable exchange rate reference date (Jersey) Thursday, 9 May
Annual General Meeting Wednesday, 29 May
Shareholders vote to approve aggregate Distribution for
financial year ended 31 December 2023
H1 Distribution payment date Wednesday, 5 June
Dematerialisation and rematerialisation of registered share certificates in South Africa may
not be effected during the period from Tuesday 30 April 2024 to Friday 3 May 2024, both
days inclusive.
H2 Distribution Timetable
Distribution events Dates (all 2024)
Applicable exchange rate reference date (JSE) Friday, 16 August
Applicable exchange rate to be announced on the JSE Monday, 19 August
Last day to effect removal of shares cum distribution between Tuesday, 27 August
Jersey and JSE registers at commencement of trade
Last time to trade on JSE to be recorded in the register on Tuesday, 27 August
record date
H2 Ex-Distribution date (JSE) Wednesday, 28 August
H2 Ex-Distribution date (Jersey) Thursday, 29 August
H2 Distribution Record Date for JSE Friday, 30 August
H2 Distribution Record Date in Jersey Friday, 30 August
Deadline for return of currency election form (Shareholders on Monday, 2 September
Jersey Register only)
Removal of shares between the Jersey and JSE registers Monday, 2 September
permissible from
Applicable exchange rate reference date (Jersey) Thursday, 5 September
H2 Distribution payment date Friday, 20 September
Dematerialisation and rematerialisation of registered share certificates in South Africa may
not be effected during the period from Wednesday 28 August 2024 to Friday 30 August
2024, both days inclusive.
For the purposes of the JSE Listing Requirements, this distribution is considered final but
remains subject to approval of shareholders at the Company's AGM on 29 May 2024.
Further information in relation to the JSE Listing Requirements will be announced on 22
April and 19 August 2024.
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
Nicola Leigh t: +41 41 709 27 55 m: +41 79 735 39 16 nicola.leigh@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 that advance everyday life. Through a network of assets,
customers and suppliers that spans the globe, we produce, process, recycle, source, market and
distribute the commodities that support decarbonisation while meeting the energy needs of today.
With around 140,000 employees and contractors and a strong footprint in over 35 countries in both
established and emerging regions for natural resources, our marketing and industrial activities are
supported by a global network of more than 40 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.
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.
We recognise our responsibility to contribute to the global effort to achieve the goals of the Paris
Agreement by decarbonising our own operational footprint. We believe that we should take a holistic
approach and have considered our commitment through the lens of our global industrial emissions.
Against a 2019 baseline, we are committed to reducing our Scope 1, 2 and 3 industrial emissions by 15%
by the end of 2026, 50% by the end of 2035 and we have an ambition to achieve net zero industrial
emissions by the end of 2050. For more detail see our 2022 Climate Report on the publication page of
our website at glencore.com/publications.
Follow us on social media:
www.facebook.com/glencore
www.instagram.com/glencoreplc
www.linkedin.com/company/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.
Date: 21-02-2024 02:30:00
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