2014 Final Distrib. determination of currency amt.

RNS Number : 0089M

Glencore PLC

01 May 2015

 

Glencore plc

Baar, Switzerland

1 May, 2015

2014 Final Distribution - determination of currency amounts

Glencore has previously announced that:

1. Its proposed final distribution for 2014, which is subject to shareholder approval on 7 May, is US$0.12 per ordinary share.

2. This distribution is payable on 21 May 2015 to holders of record at the close of business on 24 April on the Jersey register and at the opening of business on 24 April on the Hong Kong branch register.

3. The final distribution is payable 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 on the Hong Kong branch register will receive their distributions in HK dollars.

4. The Pound Sterling, Euro, Swiss Franc and HK dollar amounts payable are determined by reference to the closing mid exchange rates applicable to the US dollar on Thursday 30 April 2015.

The following rates were published in the Financial Times today, Friday 1 May:

GBP/USD	EUR/USD	USD/CHF	USD/HKD
1.5368	1.1205	0.9369	7.7511

Accordingly, for non US dollar payments the amount payable per share on 21 May 2015 will be approximately:

Pounds Sterling	0.078084
Euros	0.107095
Swiss Francs	0.112428
HK Dollars	0.930132

An announcement was made in South Africa on 10 April regarding the determination of the South African Rand amount payable in respect of shares on the Johannesburg register.  

For further information please contact:

Investor:

Paul Smith t: [phone] m: [phone] e: [e-mail]

Martin Fewings t: [phone] m: [phone] e: [e-mail]

Elisa Morniroli t: [phone] m: [phone] e: [e-mail]

Media:

Charles Watenphul t: [phone] m: [phone] e: [e-mail]

Company secretarial:

John Burton t: [phone] m: [phone] e: [e-mail]

Nicola Barrett t: [phone] m: [phone] e: [e-mail]

www.glencore.com

 www.youtube.com/glencorevideos 

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 of over 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. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 181,000 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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