| Fri 9 Sep 2022, 13:30 | | GLENCORE PLC - GLN - 2022 H2 Distribution - determination of currency amounts |
|
GLN - 2022 H2 Distribution - determination of currency amounts
Glencore plc
Baar, Switzerland
9 September 2022
2022 H2 Distribution - determination of currency
amounts
Glencore confirms the following:
1. On 28 April 2022, the shareholders resolved to pay an aggregate
distribution of US$0.26 per share in respect of the financial year
ended 31 December 2021, payable in H1 and H2 in two equal tranches of
US$0.13 per share from the capital contribution reserves of the
Company. On 4 August 2022, the Company announced an additional
distribution of US$0.11 per share to be paid alongside the H2
distribution. Therefore, the aggregate distribution amount for H2 will
be US$0.24 per share, made from the capital contribution reserves of
the Company.
2. This repayment is to be made in US dollars, although shareholders on
the Jersey register who have opted for a different currency by 5
September 2022 will receive their distribution payments in either
Pounds Sterling, Euros or Swiss Francs. Shareholders who subscribed to
the global payment service may have elected by 5 September 2022 to
receive payments in the currency of their choosing. Elections will
remain in place until revoked by the shareholder.
3. The Pound Sterling, Euro and Swiss Franc amounts payable are determined
by reference to the closing mid exchange rates applicable to the US
dollar on Thursday 8 September 2022.
The following rates were published in the Financial Times guide to world
currencies on Thursday 8 September 2022:
GBP/USD EUR/USD USD/CHF
1.1489 0.9956 0.9734
Accordingly, for non-US dollar payments the amount payable per share on 22
September 2022 will be approximately:
Pounds Sterling Euros Swiss Francs
0.208895 0.241061 0.233616
An announcement was made on the JSE on 29 August 2022 regarding the
determination of the South African Rand amount payable in respect of shares on
the Johannesburg register.
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 80 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
Lionel Mateo t: +41 41 709 28 47 m: +41 79 152 09 16 lionel.mateo@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. Through a network of assets, customers and suppliers that s pans
the globe, we produce, process, recycle, source, market and distribute the commodities
that enable decarbonisation while meeting the energy needs of today.
Glencore companies employ around 135,000 people, including contractors. With 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.
Glencore recognises our responsibility to contribute to the global effort to achieve
the goals of the Paris Agreement. Our ambition is to be a net zero total emissions
company by 2050. In August 2021, we increased our medium -term emission reduction target
to a 50% reduction by 2035 and introduced a new short -term target of a 15% reduction by
2026.
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.
SPONSOR
Absa Bank Limited (acting through its Corporate and Investment Banking Division)
Date: 09-09-2022 01:30:00
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.
