Glencore plc
Baar, Switzerland
19 February 2025
2025 Distribution Timetable
Glencore plc has today announced
that its Board is recommending an aggregate distribution of US$0.10
per share in respect of the financial year ended 31 December
2024.
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 $0.05 payable in the first six
months of the 2025 financial year (H1) and the second six months of
the 2025 financial year (H2) in accordance with the
following:
H1
Distribution Timetable
|
Distribution events
|
Dates (all
2025)
|
|
Applicable exchange rate reference
date (Johannesburg Stock Exchange (JSE))
|
Wednesday,
16 April
|
|
Applicable exchange rate announced
on the JSE
|
Thursday,
17 April
|
|
Last day to effect removal of shares
cum distribution between Jersey and JSE registers at commencement
of trade
|
Friday, 25
April
|
|
Last time to trade on JSE to be
recorded in the register on record date
|
Friday, 25
April
|
|
H1 Ex-Distribution date
(JSE)
|
Tuesday,
29 April
|
|
H1 Ex-Distribution date
(Jersey)
|
Thursday,
1 May
|
|
H1 Distribution Record Date for
JSE
|
Friday, 2
May
|
|
H1 Distribution Record Date in
Jersey
|
Friday, 2
May
|
|
Removal of shares between the Jersey
and JSE registers permissible from
|
Monday, 5
May
|
|
Deadline for return of currency
election form (Shareholders on Jersey Register only)
|
Tuesday, 6
May
|
|
Applicable exchange rate reference
date (Jersey)
|
Thursday,
8 May
|
|
Annual General Meeting
Shareholders vote to approve
aggregate Distribution for financial year ended 31 December
2024
|
Wednesday,
28 May
|
|
H1 Distribution payment
date
|
Wednesday,
4 June
|
Dematerialisation and
rematerialisation of registered share certificates in South Africa
may not be effected during the period from Tuesday 29 April 2025 to
Friday 2 May 2025, both days inclusive.
H2
Distribution Timetable
|
Distribution events
|
Dates (all
2025)
|
|
Applicable exchange rate reference
date (JSE)
|
Monday, 18
August
|
|
Applicable exchange rate announced
on the JSE
|
Tuesday,
19 August
|
|
Last day to effect removal of shares
cum distribution between Jersey and JSE registers at commencement
of trade
|
Tuesday,
26 August
|
|
Last time to trade on JSE to be
recorded in the register on record date
|
Tuesday,
26 August
|
|
H2 Ex-Distribution date
(JSE)
|
Wednesday,
27 August
|
|
H2 Ex-Distribution date
(Jersey)
|
Thursday,
28 August
|
|
H2 Distribution Record Date for
JSE
|
Friday, 29
August
|
|
H2 Distribution Record Date in
Jersey
|
Friday, 29
August
|
|
Removal of shares between the Jersey
and JSE registers permissible from
|
Monday, 1
September
|
|
Deadline for return of currency
election form (Shareholders on Jersey Register only)
|
Monday, 1
September
|
|
Applicable exchange rate reference
date (Jersey)
|
Thursday,
4 September
|
|
H2 Distribution payment
date
|
Friday, 19
September
|
Dematerialisation and
rematerialisation of registered share certificates in South Africa
may not be effected during the period from Wednesday 27 August 2025
to Friday 29 August 2025, 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
Wednesday 28 May 2025.
Further information in relation to
the JSE Listing Requirements will be announced on 17 April and 19
August 2025.
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
|
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 over 150,000 employees and
contractors and a strong footprint in over 30 countries in both
established and emerging regions for natural resources, our
marketing and industrial activities are supported by a global
network of more than 50 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 will support the global effort to
achieve the goals of the Paris Agreement through our efforts to
decarbonise our own operational footprint. For more information see
our 2024-2026 Climate Action Transition Plan, available on our
website at glencore.com/publications.
linkedin.com/company/glencore
x.com/glencore
instagram.com/glencoreplc
facebook.com/glencore
youtube.com/glencorevideos
Important
Information
This material does not purport to contain all of
the information you may wish to consider. For further important
information, including in connection with forward-looking
statements and other cautionary information, refer to the Important
notice section of Glencore's 2024 Half Year Report, which is
available at glencore.com/publications. This document does not
constitute or form part of any offer or invitation to sell or
issue, or any solicitation of any offer to purchase or subscribe
for any securities.
Other information
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.
