Regulatory Story
Go to market news section View chart   Print
RNS
Glencore PLC  -  GLEN   

2017 DISTRIBUTION TIMETABLE

Released 07:00 23-Feb-2017

RNS Number : 6087X
Glencore PLC
23 February 2017
 

Glencore plc

Baar, Switzerland

23 February 2017

 

2017 DISTRIBUTION TIMETABLE

Glencore plc has today announced that its Board is recommending an aggregate distribution of US$0.07 per share in respect of the 2016 financial year.

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 on the Hong Kong branch register will receive their distributions in Hong Kong dollars. 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 $0.035 payable in the first six months of the 2017 financial year (H1) and second six months of the 2017 financial year (H2) in accordance with the following:

H1 DISTRIBUTION TIMETABLE

Distribution event

Date (all 2017)

Applicable exchange rate reference date (Johannesburg Stock Exchange (JSE))

Friday 28 April

Applicable exchange rate announced on the JSE

Tuesday 2 May

Last time to trade on JSE to be recorded in the register on record date

Close of business (SA) Tuesday 9 May

Last day to effect removal of shares cum div between Jersey and JSE registers

Tuesday 9 May

H1 Ex-Div date (JSE and Hong Kong)

Wednesday 10 May

H1 Ex-Div date (Jersey)

Thursday 11 May

Last time for lodging transfers in Hong Kong

4.30pm Thursday 11 May (HK time)

H1 Distribution Record Date in Hong Kong

Opening of business (HK) Friday 12 May

H1 Distribution Record Date for JSE

Close of business (SA) Friday 12 May

H1 Distribution Record Date in Jersey

Close of business (UK) Friday 12 May

Deadline for return of currency election form (Shareholders on Jersey Register only)

Monday 15 May

Removal of shares between the Jersey and JSE registers permissible from

Monday 15 May

Applicable exchange rate reference date (Jersey and Hong Kong)

Wednesday 17 May

Annual General Meeting - Shareholder vote to approve aggregate 2017 Distribution

Wednesday 24 May

H1 Distribution payment date

Wednesday 31 May

 

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 10 May 2017 to Friday 12 May 2017, both days inclusive.

 

H2 DISTRIBUTION TIMETABLE

 

Distribution event

Date (all 2017)

Applicable exchange rate reference date (JSE)

Tuesday 29 August

Applicable exchange rate to be announced on the JSE

Wednesday 30 August

Last time to trade on JSE to be recorded in the register on record date

Close of business (SA) Tuesday 5 September

Last day to effect removal of shares cum div between Jersey and JSE registers

Tuesday 5 September

H2 Ex-Div date (JSE and Hong Kong)

Wednesday 6 September

H2 Ex-Div date (Jersey)

Thursday 7 September

Last time for lodging transfers in Hong Kong

4.30pm Thursday 7 September (HK time)

H2 Distribution Record Date in Hong Kong

Opening of business (HK) Friday 8 September

H2 Distribution Record Date for JSE

Close of business (SA) Friday 8 September

H2 Distribution Record Date in Jersey

Close of business (UK) Friday 8 September

Deadline for return of currency election form (Shareholders on Jersey Register only)

Monday 11 September

Removal of shares between the Jersey and JSE registers permissible from

Monday 11 September

Applicable exchange rate reference date (Jersey and Hong Kong)

Wednesday 13 September

H2 Distribution payment date

Tuesday 26 September

 

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 6 September 2017 to Friday 8 September 2017, both days inclusive.

 

 

For further information please contact:

 

Distribution enquiries




Nicola Leigh

t:+41 41 709 2755

m: +41 79 735 3916

nicola.leigh@glencore.com

Investors




Martin Fewings

t: +41 41 709 28 80

m: +41 79 737 56 42

martin.fewings@glencore.com

Carlos Francisco Fernandez

t: +41 41 709 23 69

m: +41 79 129 91 95

carlos.fernandez@glencore.com

Media




Charles Watenphul

t: +41 41 709 24 62

m: +41 79 904 33 20

charles.watenphul@glencore.com

Pam Bell

t: +44 20 7412 3471

m: +44 77 3031 9806

pam.bell@glencore.co.uk

 

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 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 155,000 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.

 

 

 www.facebook.com/Glencore 

www.flickr.com/photos/glencore

 www.instagram.com/glencoreplc

 www.linkedin.com/company/8518

 www.slideshare.net/glencore

 www.twitter.com/glencore

 www.youtube.com/glencorevideos

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEANAAAFLXEFF
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


2017 DISTRIBUTION TIMETABLE - RNS