Glencore PLC H2 Distribution-determination of currency amounts (1300M)
September 12 2019 - 5:35AM
UK Regulatory
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:+41 41 709 2755 m: +41 79 735 3916 nicola.leigh@glencore.com
Lionel Mateo t:+41 41 709 2847 m: +41 79 152 0905 lionel.mateo@glencore.com
Investors
Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin.fewings@glencore.com
Media
Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20 charles.watenphul@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 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
www.flickr.com/photos/glencore
www.instagram.com/glencoreplc
www.linkedin.com/company/8518
www.slideshare.net/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.
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 rns@lseg.com or visit www.rns.com.
END
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