Glencore plc
Baar, Switzerland
20 February 2019
2019 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 2018 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 2019 financial year (H1) and second six months of the 2019 financial year (H2) in accordance with the following:
H1 Distribution Timetable
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Distribution event
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Date (all 2019)
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Applicable exchange rate reference date (Johannesburg Stock Exchange (JSE))
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Close of business (UK) Thursday 11 April
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Applicable exchange rate announced on the JSE
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Friday 12 April
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Last day to effect removal of shares cum distribution between Jersey and JSE registers at commencement of trade
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Friday 12 April
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Last time to trade on JSE to be recorded in the register on record date
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Close of business (SA) Tuesday 23 April
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H1 Ex-Distribution date (JSE)
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Wednesday 24 April
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H1 Ex-Distribution date (Jersey)
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Thursday 25 April
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H1 Distribution Record Date for JSE
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Close of business (SA) Friday 26 April
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H1 Distribution Record Date in Jersey
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Close of business (UK) Friday 26 April
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Deadline for return of currency election form (Shareholders on Jersey Register only)
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Monday 29 April
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Removal of shares between the Jersey and JSE registers permissible from
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Monday 29 April
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Applicable exchange rate reference date (Jersey)
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Wednesday 1 May
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Annual General Meeting - Shareholder vote to approve aggregate 2018 Distribution
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Thursday 9 May
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H1 Distribution payment date
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Thursday 23 May
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Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 24 April 2019 to Friday 26 April 2019, both days inclusive.
H2 Distribution Timetable
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Distribution event
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Date (all 2019)
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Applicable exchange rate reference date (JSE)
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Close of business (UK) Monday 26 August
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Applicable exchange rate to be announced on the JSE
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Tuesday 27 August
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Last day to effect removal of shares cum distribution between Jersey and JSE registers at commencement of trade
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Tuesday 27 August
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Last time to trade on JSE to be recorded in the register on record date
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Close of business (SA) Tuesday 3 September
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H2 Ex-Distribution date (JSE)
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Wednesday 4 September
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H2 Ex-Distribution date (Jersey)
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Thursday 5 September
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H2 Distribution Record Date for JSE
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Close of business (SA) Friday 6 September
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H2 Distribution Record Date in Jersey
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Close of business (UK) Friday 6 September
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Deadline for return of currency election form (Shareholders on Jersey Register only)
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Monday 9 September
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Removal of shares between the Jersey and JSE registers permissible from
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Monday 9 September
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Applicable exchange rate reference date (Jersey)
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Wednesday 11 September
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H2 Distribution payment date
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Tuesday 24 September
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Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 4 September 2019 to Friday 6 September 2019, 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 12 April and 27 August.
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 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 158,000 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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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.