Director/PDMR Shareholding

RNS Number : 0838I

Glencore PLC

20 March 2015

 



Glencore plc

Baar, Switzerland

20 March, 2015

Director / PDMR Shareholding

The Company has previously announced that Mr Steven Kalmin, CFO and a PDMR, was granted an award of 181,627 ordinary shares in the Company (the Award Shares) under the Company's Deferred Bonus Plan (the Plan) in lieu of a cash bonus of GBP 700,000 awarded to him in respect of the 2012 financial year.

Pursuant to the Company's obligations under UK FCA Disclosure and Transparency Rule 3.1.4, Glencore plc notifies that as of today:

1. 121,085 of these shares have vested. No consideration was payable as these shares have vested in lieu of the cash bonus referred to above; and

2. 65,229 further shares have vested in lieu of distribution entitlements under the Plan.

As a result of these vestings, Mr Kalmin and his connected persons have an interest in 71,050,832 shares in aggregate.

For further information please contact:

Company secretarial:

John Burton t: [phone] m: [phone] e: [e-mail]

Nicola Barrett t: [phone] m: [phone] e: [e-mail]

Media:

Charles Watenphul t: [phone] m: [phone] e: [e-mail]

Investor:

Paul Smith t: [phone] m: [phone] e: [e-mail]

Martin Fewings t: [phone] m: [phone] e: [e-mail]

Elisa Morniroli t: [phone] m: [phone] e: [e-mail]

www.glencore.com

About Glencore

Glencore is one of the world's largest global diversified natural resource companies. As a leading integrated producer and marketer of commodities with a well-balanced portfolio of diverse industrial assets, we are strongly positioned to capture value at every stage of the supply chain, from sourcing materials deep underground to delivering products to an international customer base.

Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. Our diversified operations comprise over 150 mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities. We employ approximately 181,000 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 (ICMM). We are an active participant in the Extractive Industries Transparency Initiative (EITI).

 

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