Last checked at 2 May 2018 13:46
Glencore plc
Baar, Switzerland
2 May 2018
Results of the 2018 AGM
Glencore announces the results of the poll of the Resolutions of the Annual General Meeting held today, 2 May 2018. All Resolutions were carried.
VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD | |
Resolution 1 by Ordinary Resolution: To receive the Company's Accounts
| 10'523'434'341 | 98.49 | 161'444'308 | 1.51 | 10'684'878'649 | 73.25% | 3'928'568 |
Resolution 2 by Special Resolution: To approve the Company's capital contribution reserves be reduced by US$2,900,000,000 and be repaid to shareholders
| 10'687'148'858 | 99.99 | 694'563 | 0.01 | 10'687'843'421 | 73.27% | 953'672 |
Resolution 3 by Ordinary Resolution: To re-elect Anthony Hayward as a Director
| 10'403'876'151 | 97.48 | 268'949'899 | 2.52 | 10'672'826'050 | 73.17% | 15'970'241 |
Resolution 4 by Ordinary Resolution: To re-elect Ivan Glasenberg as a Director
| 10'548'648'097 | 99.45 | 58'543'998 | 0.55 | 10'607'192'095 | 72.72% | 81'604'997 |
Resolution 5 by Ordinary Resolution: To re-elect Peter Coates as a Director
| 10'629'182'856 | 99.59 | 43'655'719 | 0.41 | 10'672'838'575 | 73.17% | 15'958'518 |
Resolution 6 by Ordinary Resolution: To re-elect Leonard Fischer as a Director
| 10'511'321'478 | 98.49 | 161'520'871 | 1.51 | 10'672'842'349 | 73.17% | 15'954'743 |
Resolution 7 by Ordinary Resolution: To elect Martin Gilbert as a Director
| 10'032'266'235 | 97.37 | 271'354'819 | 2.63 | 10'303'621'054 | 70.64% | 385'176'039 |
Resolution 8 by Ordinary Resolution: To re-elect John Mack as a Director
| 10'533'968'698 | 98.70 | 138'837'324 | 1.30 | 10'672'806'022 | 73.17% | 15'991'070 |
Resolution 9 by Ordinary Resolution: To elect Gill Marcus as Director
| 10'686'607'700 | 99.99 | 1'197'409 | 0.01 | 10'687'805'109 | 73.27% | 991'984 |
Resolution 10 by Ordinary Resolution: To re-elect Patrice Merrin as Director
| 10'650'281'246 | 99.81 | 20'554'907 | 0.19 | 10'670'836'153 | 73.16% | 15'960'940 |
Resolution 11 by Ordinary Resolution: To approve the Directors' Remuneration Report
| 10'489'162'726 | 98.94 | 112'257'632 | 1.06 | 10'601'420'358 | 72.68% | 87'366'733 |
Resolution 12 by Ordinary Resolution: To reappoint Deloitte LLP as auditors
| 10'501'436'034 | 98.96 | 109'923'684 | 1.04 | 10'611'359'718 | 72.75% | 77'437'374 |
Resolution 13 by Ordinary Resolution: To authorise the audit committee to fix the remuneration of the auditors
| 10'576'574'505 | 98.96 | 110'978'291 | 1.04 | 10'687'552'796 | 73.27% | 1'244'297 |
Resolution 14 by Ordinary Resolution: To renew the authority pursuant to Article 10.2 of the Company's Articles.
| 10'630'926'464 | 99.47 | 56'650'821 | 0.53 | 10'687'577'285 | 73.27% | 1'219'808 |
Resolution 15 by Special Resolution: To empower the Directors to allot equity securities
| 10'671'824'155 | 99.85 | 15'652'525 | 0.15 | 10'687'476'680 | 73.27% | 1'320'413 |
Resolution 16 by Special Resolution: To renew the authority pursuant to Article 10.3 of the Company's Articles
| 10'449'974'747 | 97.78 | 237'477'486 | 2.22 | 10'687'452'233 | 73.27% | 1'334'270 |
Resolution 17 by Special Resolution: To make market purchases of ordinary shares
| 10'550'164'975 | 98.73 | 135'885'281 | 1.27 | 10'686'050'256 | 73.26% | 2'736'836 |
For further information please contact:
Company secretarial | |||
John Burton | t: +41 41 709 2619 | m: +41 79 944 5434 | john.burton@glencore.com |
Nicola Leigh | t: +41 41 709 2755 | m: +41 79 735 3916 | nicola.leigh@glencore.com |
Investors | |||
Martin Fewings | t: +41 41 709 2880 | m: +41 79 737 5642 | martin.fewings@glencore.com |
Ash Lazenby | t: +41 41 709 2714 | m: +41 79 543 3804 | ash.lazenby@glencore.com |
Media | |||
Charles Watenphul | t: +41 41 709 24 62 | m: +41 79 904 33 20 | charles.watenphul@glencore.com |
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 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 146,000 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.