Last checked at 22 May 2014 09:09
22 May 2014
Baar, Switzerland
Glencore plc
2013 Final Distribution - determination of currency amounts
Glencore has previously announced that:
1. Its final distribution for 2013 is US$0.111 per ordinary share
2. This distribution is payable on 30 May 2014 to holders of record at the close of business on Friday 16 May on the Jersey register and at the opening of business on Friday 16 May on the Hong Kong branch register
3. The final distribution has been declared and 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 Wednesday 21 May 2014.
The following rates were published in the Financial Times today, Thursday 22 May 2014:
GBP / USD | EUR / USD | USD / CHF | USD / HKD |
1.6878 | 1.3665 | 0.8946 | 7.7530 |
Accordingly, for non US dollar payments the amount payable per share on 30 May 2014 will be approximately:
Pounds Sterling | 0.06576609 |
Euros | 0.08122942 |
Swiss Francs | 0.0993006 |
HK Dollars | 0.860583 |
An announcement was made in South Africa on 5 May regarding the determination of the South African Rand amount payable in respect of shares on the Johannesburg register.
For enquiries about Glencore, please contact:
Company Secretarial enquiries:
John Burton |
Nicola Barrett | |
t: +41 (0) 41 709 2619 | t: +41 (0) 41 709 2755 | |
m: +41 (0) 79 944 5434 | m: +41 (0) 79 735 3916 | |
e: john.burton@glencore.com | e: nicola.barrett@glencore.com |
Investor enquiries:
Paul Smith | Elisa Morniroli | Martin Fewings |
t: +41 (0) 41 709 2487 | t: +41 (0) 41 709 2818 | t: +41 (0) 41 709 2880 |
m: +41 (0) 79 947 1348 | m: +41 (0) 79 833 0508 | m: +41 (0) 79 737 5642 |
e: paul.smith@glencore.com | e: elisa.morniroli@glencore.com | e: martin.fewings@glencore.com |
Media enquiries:
Charles Watenphul |
Finsbury | |
t: +41 (0) 41 709 2462 | Guy Lamming / Dorothy Burwell | |
m: +41 (0) 79 904 3320 | t: +44 (0) 20 7251 3801 | |
e:charles.watenphul@glencore.com |
About Glencore
Glencore is one of the world's largest global diversified natural resource companies. As a leading integrated producer and marketer of commodities with a well-balanced portfolio of diverse industrial assets, we are strongly positioned to capture value at every stage of the supply chain, from sourcing materials deep underground to delivering products to an international customer base.
The Group's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. Our diversified operations comprise over 150 mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities. We employ approximately 190,000 people, including contractors.