Glencore: H1 2021 distribution – determination of amounts in foreign currencies


Glencore confirms that:

  1. as approved by shareholders at yesterday’s general meeting, it will repay capital on May 21, 2021 to holders registered in the Jersey register at the close of business on April 23, 2021

  2. this redemption is $ 0.06 per ordinary share and must be made in US dollars, although shareholders of record in Jersey who have switched to a different currency before April 26, 2021 will receive their distribution payments in pounds sterling, in euros or Swiss francs. Shareholders who previously held shares through the Computershare Hong Kong nominee will receive distribution payments in US dollars, unless they elect to receive payments in Swiss francs, pounds sterling or euros, or subscribe to the global payment service to choose to receive payments in the currency of their choice (including Hong Kong dollars), before April 26, 2021.
    The elections will remain in force until they are revoked by the shareholder.

  3. the amounts payable in pounds sterling, euros and Swiss francs are determined by reference to the average closing exchange rates applicable to the US dollar on Thursday, April 29, 2021.

The following rates were published in the Financial Times Guide to World Currencies today:

GBP / USD

EUR / USD

USD / CHF

1.3946

1.2112

0.9111

Accordingly, for payments other than US dollars, the amount payable per share on May 21, 2021 will be approximately:

Pound sterling

Euros

Swiss Francs

0.043023

0.049538

0.054666

An announcement was made in South Africa on April 19, 2021 regarding the determination of the amount of South African Rand payable for shares in the Johannesburg Register.
For more information, please contact:

Investors

Martin Fewings
t: +41 41 709 28 80
Phone: +41 79 737 56 42
[email protected]

Media

Charles Watenphul
t: +41 41 709 24 62
m: +41 79 904 33 20
[email protected]

Corporate secretary

John burton
t: +41 41 709 26 19
Phone: +41 79 944 54 34
[email protected]

Nicola leigh
t: +41 41 709 27 55
Phone: +41 79 735 39 16
[email protected]

Lionel mateo
t: +41 41 709 28 47
Phone: +41 79152 09 05
[email protected]

Glencore LEI: 2138002658CPO9NBH955

Notes to Editors

Glencore is one of the world’s largest diversified natural resource companies and a leading producer and distributor of more than 60 responsibly sourced products that advance daily lives. The Group’s activities include around 150 mining and metallurgical sites and oil production assets.

With a strong presence in more than 35 countries in 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 petroleum industries. We also provide finance, logistics and other services to producers and consumers of commodities. Glencore companies employ approximately 135,000 people, including entrepreneurs.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and of the International Council on Mining and Metals. We actively participate in the Extractive Industries Transparency Initiative. Our ambition is to be a company with total net zero emissions by 2050.

Warning
The companies in which Glencore plc has an interest directly and indirectly are separate and distinct legal entities. In this document, “Glencore”, “Glencore Group” and “Group” are used for convenience only when references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for information purposes only and do not imply any other relationship between the companies. Likewise, the words “we”, “our” and “our” are also used to refer collectively to the members of the Group or those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

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