Wrap Text
GLN - PDMR notification: Grant of awards to CEO
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
Baar, Switzerland
18 March 2025
PDMR notification: Grant of awards to CEO
In line with its Remuneration Policy approved by shareholders on 29 May 2024, Glencore plc
("Glencore" or the "Company") announces that its Chief Executive Officer, Gary Nagle, was
granted share units in respect of his Career Shares (CS) award on 17 March 2025. These share
units will convert into ordinary shares of the Company on the vesting date, assuming that all
conditions under the Remuneration Policy have been met.
Further details on Mr Nagle's remuneration is included in the Directors' Remuneration Report
within the Company's 2024 Annual Report, including information on previous share units
awarded.
Details regarding the share units awarded in 2025 are contained in the table below.
PDMR notification
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Gary Nagle
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial Initial notification
notification/Amendment
3 Details of the issuer, UK emission allowance market participant, auction platform or
auctioneer
a) Name Glencore plc
b) LEI 2138002658CPO9NBH955
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have
been conducted
a) Description of the Awarded units converting into ordinary shares upon vesting
financial instrument, date, in line with Remuneration Policy.
type of instrument
Share units awarded under CS vest 3 years following granting
date and are subject to performance underpins and a holding
period.
Identification code ISIN: JE00B4T3BW64
b) Nature of the Grant of share units under the CS Plan
transaction
c) Price(s) and volume(s) Price(s) determined for grant (not payable Volume(s)
by Executive)
2,374,395
GBP 3.3537 / USD 4.2116, based on the
Volume Weighted Average Price (VWAP)
of February 2025.
d) Aggregated information As above
• Aggregated
volume
• Price
e) Date of the transaction 17 March 2025
f) Place of the transaction Outside a trading venue
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
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 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 150,000 employees and contractors and a strong footprint in over 30 countries in both
established and emerging regions for natural resources, our marketing and industrial activities are
supported by a global network of more than 50 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 will support the global effort to achieve the goals of the Paris Agreement through our efforts to
decarbonise our own operational footprint. For more information see our 2024-2026 Climate Action
Transition Plan available on our website at glencore.com/publications.
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 Corporate and Investment Bank, a division of Absa Bank Limited
Date: 18-03-2025 09:00:00
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