Director/PDMR Shareholding

RNS Number : 3434G

Glencore International PLC

28 June 2012

 



Baar, Switzerland                                                                                                28 June 2012

Notification of Transaction by a Person Discharging Managerial Responsibilities (PDMR)

For the purposes of DTR 3.1.4 of the Disclosure Rules and Transparency Rules, Glencore International plc (the Company) notifies that Mr Steven Kalmin, a Director and PDMR, informed the Company on 27 June 2012 that he had on that date procured: 

1.   the transfer of 14,104,630 Ordinary Shares of USD 0.01 each in the Company (Shares) to 1807 Clarendon Limited, a wholly owned subsidiary of Cititrust (Cayman) Limited (the Trustee) as trustee of a trust; and

2.   the transfer of 56,418,524 Shares to 1804 Waterford Limited, a wholly owned subsidiary of  the Trustee as trustee of a second trust.

These transfers were made in Switzerland for no consideration.

The beneficiaries or potential beneficiaries of each of these trusts include Mr Kalmin, his spouse and his children. Accordingly the Trustee is a connected person of Mr Kalmin in respect of these Shares and the total number of Shares in which Mr Kalmin and his connected persons are interested remains unchanged as a result of these transactions, being 70,523,154 Shares.

John Burton

Company Secretary

Glencore International plc

For further information, pleas contact:

John Burton (Company Secretary) t: [phone] m: [phone] e:[e-mail]	Simon Buerk (Media) t: [phone] m: [phone] e: [e-mail]	Paul Smith (Investors) t: [phone] m: [phone] e: [e-mail]
Finsbury (Media) Guy Lamming Dorothy Burwell t: [phone]	Charles Watenphul (Media) t: [phone] m: [phone] [e-mail]	Elisa Morniroli (Investors) t: [phone] m: [phone] [e-mail]

About Glencore International plc

Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products.

 

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