Glencore PLC 2017 H1 Distribution - Currency Amounts (5667F)
18 May 2017 - 10:00PM
UK Regulatory
TIDMGLEN
RNS Number : 5667F
Glencore PLC
18 May 2017
Glencore plc
Baar, Switzerland
18 May 2017
2017 H1 Distribution - determination of currency amounts
Glencore confirms that:
1. it proposes to make a return of capital on 31 May 2017 to
holders of record at the close of business on 12 May on the Jersey
register and at the opening of business on 12 May on the Hong Kong
branch register
2. this proposed repayment, which is subject to shareholder
approval on 24 May, is of US$0.035 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 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 Wednesday 17 May 2017.
The following rates were published in the Financial Times guide
to world currencies today, 18 May 2017:
GBP/USD EUR/USD USD/CHF USD/HKD
-------- -------- -------- --------
1.2973 1.1147 0.9790 7.7875
-------- -------- -------- --------
Accordingly, for non US dollar payments the amount payable per
share on 31 May 2017 will be approximately:
Pounds Sterling 0.026979
----------------- ---------
Euros 0.031399
----------------- ---------
Swiss Francs 0.034265
----------------- ---------
HK Dollars 0.272563
----------------- ---------
An announcement was made in South Africa on 2 May regarding the
determination of the South African Rand amount payable in respect
of shares on the Johannesburg register.
Company secretarial
John Burton t: +41 41 m: +41 79 john.burton@glencore.com
709 2619 944 5434
Nicola Leigh t: +41 41 m: +41 79 nicola.leigh@glencore.com
709 2755 735 3916
Media
Charles Watenphul t: +41 41 m: +41 79 charles.watenphul@glencore.com
709 2462 904 3320
Pam Bell t: +44 20 m: +44 77 Pam.bell@glencore.co.uk
7412 3471 3031 9806
Investors
Martin Fewings t: +41 41 m: +41 79 martin.fewings@glencore.com
709 2880 737 5642
Carlos Francisco t: +41 41 m: +41 79 carlos.fernandez@glencore.com
Fernandez 709 2369 129 9195
www.glencore.com
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 155,000 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 company news service from the London Stock Exchange
END
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