Glencore PLC Results of the 2017 AGM (1349G)

TIDMGLEN

RNS Number : 1349G

Glencore PLC

24 May 2017

Glencore plc

Baar, Switzerland

24 May 2017

Results of the 2017 AGM

Glencore announces the results of the poll of the Resolutions of the Annual General Meeting held today, 24 May 2017. All Resolutions were carried.

 
                             VOTES          %         VOTES         %         VOTES         % of       VOTES 
                               FOR                   AGAINST                   TOTAL         ISC      WITHHELD 
                                                                                            VOTED 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  1 by Ordinary 
  Resolution: 
  To receive 
  the Company's 
  Accounts               10,798,355,776   99.21      86,161,117    0.79   10,884,516,893   74.62%    68,961,061 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  2 by Special 
  Resolution: 
  To approve 
  the Company's 
  capital 
  contribution 
  reserves 
  be reduced 
  by US$1,010,000,000 
  and be 
  repaid 
  to shareholders        10,932,917,273   99.91       9,521,012    0.09   10,942,438,285   75.02%    11,039,670 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  3 by Ordinary 
  Resolution: 
  To re-elect 
  Anthony 
  Hayward 
  as a Director          10,404,230,837   95.08     538,188,771    4.92   10,942,419,608   75.02%    11,057,545 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  4 by Ordinary 
  Resolution: 
  To re-elect 
  Leonard 
  Fischer 
  as a Director          10,918,013,733   99.78      24,413,532    0.22   10,942,427,265   75.02%    11,050,690 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  5 by Ordinary 
  Resolution: 
  To re-elect 
  Ivan Glasenberg 
  as a Director          10,916,058,670   99.76      26,379,378    0.24   10,942,438,048   75.02%    11,039,907 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  6 by Ordinary 
  Resolution: 
  To re-elect 
  Peter 
  Coates 
  as a Director          10,864,754,648   99.29      77,675,128    0.71   10,942,429,776   75.02%    11,048,178 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  7 by Ordinary 
  Resolution: 
  To re-elect 
  John Mack 
  as a Director          10,844,802,272   99.11      97,625,341    0.89   10,942,427,613   75.02%    11,049,642 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  8 by Ordinary 
  Resolution: 
  To re-elect 
  Peter 
  Grauer 
  as a Director           9,209,803,889   86.08   1,489,715,210   13.92   10,699,519,099   73.35%   253,946,605 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  9 by Ordinary 
  Resolution: 
  To re-elect 
  Patrice 
  Merrin 
  as Director            10,919,836,637   99.79      22,594,515    0.21   10,942,431,152   75.02%    11,046,803 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  10 by 
  Ordinary 
  Resolution: 
  To approve 
  the Directors' 
  Remuneration 
  Report                 10,748,442,346   98.24     192,592,622    1.76   10,941,034,968   75.01%    12,442,987 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  11 by 
  Ordinary 
  Resolution: 
  To approve 
  the Directors' 
  Remuneration 
  Policy                 10,700,495,856   98.20     196,055,182    1.80   10,896,551,038   74.70%    56,926,916 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  12 by 
  Ordinary 
  Resolution: 
  To reappoint 
  Deloitte 
  LLP as 
  auditors               10,832,930,806   99.82      19,827,164    0.18   10,852,757,970   74.40%   100,719,984 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  13 by 
  Ordinary 
  Resolution: 
  To authorise 
  the audit 
  committee 
  to fix 
  the remuneration 
  of the 
  auditors               10,879,685,014   99.84      17,616,316    0.16   10,897,301,330   74.71%    56,176,625 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  14 by 
  Ordinary 
  Resolution: 
  To renew 
  the authority 
  pursuant 
  to Article 
  10.2 of 
  the Company's 
  Articles.              10,727,160,032   98.03     215,105,827    1.97   10,942,265,859   75.02%    11,212,096 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  15 by 
  Special 
  Resolution: 
  To empower 
  the Directors 
  to allot 
  equity 
  securities             10,835,366,659   99.02     106,873,515    0.98   10,942,240,174   75.02%    11,236,981 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  16 by 
  Special 
  Resolution: 
  To renew 
  the authority 
  pursuant 
  to Article 
  10.3 of 
  the Company's 
  Articles               10,356,769,518   94.65     585,471,394    5.35   10,942,240,912   75.02%    11,237,042 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 Resolution 
  17 by 
  Special 
  Resolution: 
  To make 
  market 
  purchases 
  of ordinary 
  shares                 10,858,220,038   99.23      84,165,223    0.77   10,942,385,261   75.02%    11,082,018 
----------------------  ---------------  ------  --------------  ------  ---------------  -------  ------------ 
 
 
 Company secretarial 
 John Burton             t: +41 41       m: +41 79      [e-mail] 
                          709 2619        944 5434 
 Nicola Leigh            t: +41 41       m: +41 79      [e-mail] 
                          709 2755        735 3916 
 Media 
 Charles Watenphul       t: +41 41       m: +41 79      [e-mail] 
                          709 2462        904 3320 
 Pam Bell                t: +44 20       m: +44 77      [e-mail] 
                         7412 3471       3031 9806 
 Investors 
 Martin Fewings          t: +41 41       m: +41 79      [e-mail] 
                          709 2880        737 5642 
 Carlos Francisco        t: +41 41       m: +41 79      [e-mail] 
  Fernandez               709 2369        129 9195 
 
 
 

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 90 commodities. The Group's operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.

With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 155,000 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.

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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.

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May 24, 2017 09:01 ET (13:01 GMT)