Glencore plc
Baar, Switzerland
2 June 2015
Notification of transactions by connected person of Person Discharging Managerial Responsibilities (PDMR)
Glencore plc (Glencore or the Company) announces that pursuant to the Company's obligations under Disclosure and Transparency Rule 3.1.4, on 1 June 2015, FR Galaxy Holdings S.a.r.l. (FR), a connected person of William Macaulay, a Director and PDMR of the Company, notified the Company that FR:
1. on 27 May sold 7,724,183 shares at an average price per share of GBP2.8749;
2. on 1 June sold 34,347,695 shares at an average price per share of GBP2.7815
(together the Transactions).
The Transactions took place in London.
In aggregate, the Transactions set out in 1-2 above totalled 42,071,878 shares being sold.
As a result of the Transactions, no shares remain held by or on behalf of FR or any other connected person of William Macaulay.
For further information please contact:
Company secretarial:
John Burton |
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Investor:
Paul Smith |
Martin Fewings |
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Media:
Charles Watenphul |
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www.youtube.com/glencorevideos
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 of 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 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. We are an active participant in the Extractive Industries Transparency Initiative.