Notification of Major Interest in Shares

RNS Number : 8915M

Glencore PLC

22 July 2014

 

22 July 2014

For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				GLENCORE PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached					No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments					Yes
An event changing the breakdown of voting rights					No
Other (please specify):					No
3. Full name of person(s) subject to the notification obligation: iii		Qatar Holding LLC Qatar Investment Authority (as parent undertaking only)
4. Full name of shareholder(s)  (if different from 3.):iv		Qatar Holding LLC
5. Date of the transaction and date on which the threshold is crossed or reached: v		17 July 2014
6. Date on which issuer notified:		21 July 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		9% (downwards)

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

USD 0.01 Ordinary Shares JE00B4T3BW64

N/A

N/A

1,170,930,474

1,170,930,474

N/A

8.818%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Options on ordinary shares

N/A

Dates starting  21 Oct 2014 and ending 27 May 2015

N/A

10,143,792 (after delta adjustment)

Nominal

Delta

See section 13.

0.076%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,181,074,266

8.895%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Qatar Holding LLC is the beneficial holder of the specified shares and voting rights in Glencore PLC. Qatar Holding LLC is established as a limited liability company in the Qatar Financial Centre ("QFC") and is licensed by the QFC Authority under License No. 00004.  Qatar Holding LLC is wholly-owned by Qatar Investment Authority ("QIA") and makes this notification on behalf of itself and QIA.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	On a nominal basis the voting rights underlying the options on ordinary shares total 100,695,000. The voting rights underlying the options on ordinary shares have been re-calculated on a delta-adjusted basis, as permitted by the Financial Conduct Authority's (the "FCA") Disclosure and Transparency Rules (the "DTRs"). As required under the FCA DTRs, this notification has been prepared using the total voting rights figure of 13,278,405,466 as set out in the public announcement made by Glencore Plc on 02 January 2014.
14. Contact name:	Mr. Ahmad Al-Sayed, Managing Director & CEO of Qatar Holding LLC
15. Contact telephone number:	+974.4499.5806

 

END

 

 

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