Glencore plc
Baar, Switzerland
11th September, 2014
2014 Interim Distribution - determination of currency amounts
Glencore has previously announced that:
1. Its interim distribution for 2014 is US$0.06 per ordinary share.
2. This distribution is payable on 19 September 2014 to holders of record at the close of business on Friday 5 September on the Jersey register and at the opening of business on Friday 5 September 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 10 May 2014.
The following rates were published in the Financial Times today, Thursday 11 September 2014:
GBP / USD |
EUR / USD |
USD / CHF |
USD / HKD |
1.6147 |
1.2917 |
0.9376 |
7.7503 |
Accordingly, for non US dollar payments the amount payable per share on 19 September 2014 will be approximately:
Pounds Sterling |
0.03715861 |
Euros |
0.04645041 |
Swiss Francs |
0.056256 |
HK Dollars |
0.465018 |
An announcement was made in South Africa on 25 August 2014 regarding the determination of the South African Rand amount payable in respect of shares on the Johannesburg register.
For further information please contact:
Investor:
Media:
Charles Watenphul
t: +41 (0) 41 709 2462
m: +41 (0) 79 904 3320
e: [email protected] |
Finsbury
Guy Lamming / Dorothy Burwell
t: +44 (0) 20 7251 3801 |
|
Company secretarial:
www.glencore.com
About Glencore
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 over 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. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 200,000 people, including contractors.
