Glencore Regulatory News (GLEN)

Glencore plc

Baar, Switzerland

18 February 2020

2020 Distribution Timetable

Glencore plc has today announced that its Board is recommending an aggregate distribution of US$0.20 per share in respect of the 2019 financial year ended 31 December.

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 hold shares on the Jersey Register, through the Computershare HK Nominee, will receive their distribution payment in Hong Kong Dollars, converted on the Jersey applicable exchange rate reference date. Shareholders on the Johannesburg register will receive their distributions 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 $0.10 payable in the first six months of the 2020 financial year (H1) and second six months of the 2020 financial year (H2) in accordance with the following:

H1 Distribution Timetable

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 22 April 2020 to Friday 24 April 2020, both days inclusive.

H2 Distribution Timetable

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 2 September 2020 to Friday 4 September 2020, both days inclusive.

For the purposes of the JSE Listing Requirements, this distribution is considered a final distribution. Further information in relation to the JSE Listing Requirements will be announced on 14 April and 25 August 2020.

For further information please contact:

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 responsibly-sourced commodities that advance everyday life. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.

With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by a global network of more than 30 marketing 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's companies employ around 160,000 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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DisclaimerThe 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.