Glencore PLC H2 Distribution-determination of currency amounts (1300M)

TIDMGLEN

RNS Number : 1300M

Glencore PLC

12 September 2019

Glencore plc

Baar, Switzerland

12 September 2019

2019 H2 Distribution - determination of currency amounts

Glencore confirms that:

1. it will make a return of capital on 24 September 2019 to holders of record at the close of business on 6 September 2019 on the Jersey register

2. this repayment, which was approved by shareholders on 9 May 2019, is of US$0.10 per ordinary share

3. the repayment is to be made in US dollars, although shareholders on the Jersey register have been able to elect to receive their distribution payments in Pounds Sterling, Euros or Swiss Francs. Shareholders who hold via the Hong Kong Nominee will receive their distribution in Hong Kong Dollars

4. the Pound Sterling, Euro, Swiss Franc and Hong Kong Dollar amounts payable are determined by reference to the closing mid exchange rates applicable to the US dollar on 11 September 2019.

The following rates were published in the Financial Times guide to world currencies today,

12 September 2019:

 
 GBP/USD   EUR/USD   USD/CHF   USD/HKD 
 1.2345    1.0997    0.9937    7.8391 
          --------  --------  -------- 
 

Accordingly, for non US dollar payments the amount payable per share on 24 September 2019 will be approximately:

 
 Pounds Sterling    0.081004 
 Euros              0.090934 
                   --------- 
 Swiss Francs       0.099370 
                   --------- 
 HK Dollars         0.789310 
                   --------- 
 

An announcement was made in South Africa on 27 August 2019 regarding the determination of the South African Rand amount payable in respect of shares on the Johannesburg register.

For further information please contact:

 
Distribution enquiries 
Nicola Leigh       t:[phone]    m: [phone]   [e-mail] 
Lionel Mateo       t:[phone]    m: [phone]   [e-mail] 
Investors 
Martin Fewings     t: [phone]   m: [phone]   [e-mail] 
Media 
Charles Watenphul  t: [phone]  m: [phone]  [e-mail] 
 

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 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 158,000 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.

www.facebook.com/Glencore

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www.linkedin.com/company/8518

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www.twitter.com/glencore

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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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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September 12, 2019 05:35 ET (09:35 GMT)