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GLN: Cancellation of Treasury shares

Published: 2023-06-19 16:19:38 ET
<<<  go to JSE:GLN company page
GLENCORE PLC
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
ISIN: JE00B4T3BW64
LEI: 2138002658CPO9NBH955

Baar, Switzerland
19 June 2023


                 Cancellation of Treasury shares
In line with the Company’s policy to maintain its number of treasury shares below 10% of total
issued share capital from time to time, the Company announces today the cancellation of
100,000,000 treasury shares.
Following this action, as of opening of dealings today, the total number of ordinary shares in
treasury was 1,258,498,492, representing approximately 9.19.% of the Company’s total issued
share capital.
In accordance with Listing Rule 12.6.4, the Company discloses the following information:
 Date of cancellation                                                                  19 June 2023
 Number of treasury shares cancelled                                                   100,000,000
 Total number of issued ordinary shares following the cancellation                  13,700,000,000
 Total number of treasury shares following the cancellation                           1,258,498,492
 Total number of ordinary shares less treasury shares                                 12,441,501,508

For further information please contact:
Investors
Martin Fewings          t: +41 41 709 28 80   m: +41 79 737 56 42   martin.fewings@glencore.com

Media
Charles Watenphul       t: +41 41 709 24 62   m: +41 79 904 33 20   charles.watenphul@glencore.com

Company Secretarial
John Burton             t: +41 41 709 26 19   m: +41 79 944 54 34   john.burton@glencore.com
Nicola Leigh            t: +41 41 709 27 55   m: +41 79 735 39 16   nicola.leigh@glencore.com
Lionel Mateo            t: +41 41 709 28 47   m: +41 79 152 09 05   lionel.mateo@glencore.com


www.glencore.com
Glencore LEI: 2138002658CPO9NBH955




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Notes for Editors
Glencore is one of the world’s largest global diversified natural resource companies and a major
producer and marketer of more than 60 commodities that advance everyday life. Through a network of
assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and
distribute the commodities that support decarbonisation while meeting the energy needs of today.
With around 140,000 employees and contractors and a strong footprint in over 35 countries in both
established and emerging regions for natural resources, our marketing and industrial activities are
supported by a global network of more than 40 offices.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power
generation, battery manufacturing and oil sectors. We also provide financing, logistics and other
services to producers and consumers of commodities.
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.
We recognise our responsibility to contribute to the global effort to achieve the goals of the Paris
Agreement by decarbonising our own operational footprint. We believe that we should take a holistic
approach and have considered our commitment through the lens of our global industrial emissions.
Against a 2019 baseline, we are committed to reducing our Scope 1, 2 and 3 industrial emissions by 15%
by the end of 2026, 50% by the end of 2035 and we have an ambition to achieve net zero industrial
emissions by the end of 2050. For more detail see our 2022 Climate Report on the publication page of
our website at glencore.com/publications.
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Disclaimer
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities.
In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are
made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only
and do not imply any other relationship between the companies. Likewise, the words “we”, “us” and “our” are also
used to refer collectively to members of the Group or to those who work for them. These expressions are also used
where no useful purpose is served by identifying the particular company or companies.


Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited