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GLENCORE PLC - GLN - 2020 Distribution Timetable

Release Date: 18/02/2020 15:48
Code(s): GLN     PDF:  
 
Wrap Text
GLN - 2020 Distribution Timetable

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
18 February 2020

                                       2020 Distribution Timetable

Glencore plc has today announced that its Board is recommending an aggregate distribution of US$0.20
per share in respect of the 2019 financial year ended 31 December.

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 hold shares on the Jersey Register, through the Computershare HK Nominee, will receive their
distribution payment in Hong Kong Dollars, converted on the Jersey applicable exchange rate reference
date. Shareholders on the Johannesburg register will receive their distributions 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 $0.10 payable in the first six months of the 2020 financial year (H1) and
second six months of the 2020 financial year (H2) in accordance with the following:

                                         H1 Distribution Timetable

 Distribution events                                        Dates (all 2020)

 Applicable exchange rate reference date                    Close of business (UK) Thursday 9 April
 (Johannesburg Stock Exchange (JSE))

 Applicable exchange rate announced on the JSE              Tuesday 14 April

 Last day to effect removal of shares cum distribution      Tuesday 14 April
 between Jersey and JSE registers at commencement
 of trade

 Last time to trade on JSE to be recorded in the register   Close of business (SA) Tuesday 21 April
 on record date

 H1 Ex-Distribution date (JSE)                              Wednesday 22 April

 H1 Ex-Distribution date (Jersey)                           Thursday 23 April

 H1 Distribution Record Date for JSE                        Close of business (SA) Friday 24 April

 H1 Distribution Record Date in Jersey                      Close of business (UK) Friday 24 April

 Deadline for return of currency election form              Monday 27 April
 (Shareholders on Jersey Register only)

 Removal of shares between the Jersey and JSE               Tuesday 28 April
 registers permissible from

 Applicable exchange rate reference date (Jersey)           Friday 1 May

 Annual General Meeting – Shareholder vote to               Wednesday 6 May
 approve aggregate 2019 Distribution

 H1 Distribution payment date                               Friday 22 May

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be
effected during the period from Wednesday 22 April 2020 to Friday 24 April 2020, both days inclusive.

                                          H2 Distribution Timetable

 Distribution events                                        Dates (all 2020)

 Applicable exchange rate reference date (JSE)              Close of business (UK) Monday 24 August

 Applicable exchange rate to be announced on the JSE        Tuesday 25 August


 Last day to effect removal of shares cum distribution      Tuesday 25 August
 between Jersey and JSE registers at commencement
 of trade

 Last time to trade on JSE to be recorded in the register   Close of business (SA) Tuesday 1 September
 on record date

 H2 Ex-Distribution date (JSE)                              Wednesday 2 September

 H2 Ex-Distribution date (Jersey)                           Thursday 3 September

 H2 Distribution Record Date for JSE                        Close of business (SA) Friday 4 September

 H2 Distribution Record Date in Jersey                      Close of business (UK) Friday 4 September

 Deadline for return of currency election form              Monday 7 September
 (Shareholders on Jersey Register only)

 Removal of shares between the Jersey and JSE               Monday 7 September
 registers permissible from

 Applicable exchange rate reference date (Jersey)           Thursday 10 September

 H2 Distribution payment date                               Tuesday 22 September


Dematerialisation and rematerialisation of registered share certificates in South Africa may not be
effected during the period from Wednesday 2 September 2020 to Friday 4 September 2020, both days
inclusive.

For the purposes of the JSE Listing Requirements, this distribution is considered a final distribution.
Further information in relation to the JSE Listing Requirements will be announced on 14 April and 25
August 2020.

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: +41 791 520 905 lionel.mateo@glencore.com

Investors
Martin Fewings              t: +41 41 709 2880 m: +41 79 737 5642 martin.fewings@glencore.com
Maartje Collignon           t: +41 41 709 3269 m: +41 79 197 4202 maartje.collignon@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 60 responsibly-sourced commodities that advance everyday life. The Group's
operations comprise around 150 mining and metallurgical sites and oil production assets.

With a strong footprint in over 35 countries in both established and emerging regions for natural resources,
Glencore's industrial activities are supported by a global network of more than 30 marketing 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's companies employ around 160,000 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: 18-02-2020 03:48:00
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