Glencore
plc
Baar,
Switzerland
21 February
2024
2024 Distribution timetable
Glencore plc has today announced
that its Board is recommending an aggregate distribution of US$0.13
per share in respect of the financial year ended 31 December
2023.
Distributions will be declared and
paid in U.S. dollars, although shareholders on the Jersey register
will be able to elect to receive their distribution payments in
Pounds Sterling, Euros or Swiss Francs. Shareholders who formerly held shares through the
Computershare Hong Kong nominee will receive distribution payments
in US dollars unless they make an election to receive payments in
Swiss francs, Sterling or Euros, or subscribe to the global payment
service to elect to receive payments in the currency of their
choosing (including Hong Kong Dollars), by the prescribed date.
Elections will remain in place until revoked by the
shareholder.
Shareholders on the Johannesburg
register will receive their distribution payments in South African
Rand.
Subject to shareholder approval, the
distribution will be made from the capital contribution reserves of
the Company in two equal tranches of $0.065 payable in the first
six months of the 2024 financial year (H1) and second six months of
the 2024 financial year (H2) in accordance with the
following:
H1
Distribution Timetable
|
Distribution events
|
Dates (all
2024)
|
|
Applicable exchange rate reference
date (Johannesburg Stock Exchange (JSE))
|
Friday, 19
April
|
|
Applicable exchange rate announced
on the JSE
|
Monday, 22
April
|
|
Last day to effect removal of shares
cum distribution between Jersey and JSE registers at commencement
of trade
|
Monday, 29
April
|
|
Last time to trade on JSE to be
recorded in the register on record date
|
Monday, 29
April
|
|
H1 Ex-Distribution date
(JSE)
|
Tuesday,
30 April
|
|
H1 Ex-Distribution date
(Jersey)
|
Thursday,
2 May
|
|
H1 Distribution Record Date for
JSE
|
Friday, 3
May
|
|
H1 Distribution Record Date in
Jersey
|
Friday, 3
May
|
|
Removal of shares between the Jersey
and JSE registers permissible from
|
Monday, 6
May
|
|
Deadline for return of currency
election form
(Shareholders on Jersey Register
only)
|
Tuesday, 7
May
|
|
Applicable exchange rate reference
date (Jersey)
|
Thursday,
9 May
|
|
Annual General Meeting
Shareholders vote to approve
aggregate Distribution for financial year ended 31 December
2023
|
Wednesday,
29 May
|
|
H1 Distribution payment
date
|
Wednesday,
5 June
|
Dematerialisation and
rematerialisation of registered share certificates in South Africa
may not be effected during the period from Tuesday 30 April 2024 to
Friday 3 May 2024, both days inclusive.
H2
Distribution Timetable
|
Distribution events
|
Dates (all
2024)
|
|
Applicable exchange rate reference
date (JSE)
|
Friday, 16
August
|
|
Applicable exchange rate to be
announced on the JSE
|
Monday, 19
August
|
|
Last day to effect removal of shares
cum distribution between Jersey and JSE registers at commencement
of trade
|
Tuesday,
27 August
|
|
Last time to trade on JSE to be
recorded in the register on record date
|
Tuesday,
27 August
|
|
H2 Ex-Distribution date
(JSE)
|
Wednesday,
28 August
|
|
H2 Ex-Distribution date
(Jersey)
|
Thursday,
29 August
|
|
H2 Distribution Record Date for
JSE
|
Friday, 30
August
|
|
H2 Distribution Record Date in
Jersey
|
Friday, 30
August
|
|
Deadline for return of currency
election form (Shareholders on Jersey Register only)
|
Monday, 2
September
|
|
Removal of shares between the Jersey
and JSE registers permissible from
|
Monday, 2
September
|
|
Applicable exchange rate reference
date (Jersey)
|
Thursday,
5 September
|
|
H2 Distribution payment
date
|
Friday, 20
September
|
Dematerialisation and
rematerialisation of registered share certificates in South Africa
may not be effected during the period from Wednesday 28 August 2024
to Friday 30 August 2024, both days inclusive.
For the purposes of the JSE Listing
Requirements, this distribution is considered final but remains
subject to approval of shareholders at the Company's AGM on 29 May
2024.
Further information in relation to
the JSE Listing Requirements will be announced on 22 April and 19
August 2024.
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
|
|
Nicola Leigh
|
t: +41 41 709 27 55
|
m: +41 79 735 39 16
|
nicola.leigh@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 140,000 employees and
contractors and 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.
We recognise our responsibility to
contribute to the global effort to achieve the goals of the Paris
Agreement by decarbonising our own operational footprint. We
believe that we should take a holistic approach and have considered
our commitment through the lens of our global industrial emissions.
Against a 2019 baseline, we are committed to reducing our Scope 1,
2 and 3 industrial emissions by 15% by the end of 2026, 50% by the
end of 2035 and we have an ambition to achieve net zero industrial
emissions by the end of 2050. For more detail see our 2022 Climate
Report on the publication page of our website at
glencore.com/publications.
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.