Director/PDMR Shareholding

RNS Number : 1695O

Glencore International PLC

13 September 2011

 



Baar, Switzerland                                                                                    13 September, 2011

Notification of transaction by connected person of Person Discharging Managerial Responsibilities - third announcement

Pursuant to the Company's obligations under Disclosure and Transparency Rule 3.1.4, Glencore International plc notifies that on 13 September 2011 FR Galaxy Holdings S.à r.l. (FR) notified the Company that:

1.     on 8 September 2011 FR agreed to purchase 100,385,312 ordinary shares of U.S. $0.01 each in the capital of the Company (Shares) at a price per Share equal to £4.25. Also, FR's affiliate, ECP Galaxy Holdings S.à r.l., (ECP) agreed to purchase 6,692,354 Shares at the same price per Share.

2.     on 12 September 2011, FR purchased 1,179,320 Shares at an average price per Share of £4.02 and ECP agreed to purchase 78,621 Shares at the same average price per Share;

3.     FR is a connected person of Mr. William Macaulay, a Director and person discharging  managerial responsibilities of Glencore International plc;

4.     the purchase of these Shares will take place in London and will settle through the Euroclear system; and

5.     the purchases of these Shares constitute a notifiable transaction under DTR 3.1.2.

John Burton

Company Secretary

Glencore International plc

For enquiries about Glencore, please contact:

Paul Smith (Investors)                                        Simon Buerk (Media)                           Finsbury (Media)

t:   [phone]                                           t:   [phone]                           Guy Lamming

m: [phone]                                           m: [phone]                           Dorothy Burwell  

e: [e-mail]                              e: [e-mail]           t: [phone]

John Burton (Company Secretary)                   Charles Watenphul(Media)                                

t:   [phone]                                          t:   [phone]                         

m: [phone]                                          m: [phone]                         

e: [e-mail]                           e: [e-mail]

About Glencore International plc

Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products.

 

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