Enhanced Investments - Financial Portal

GLN: Notice of Distribution - South African Rand Rate

Published: 2024-04-22 09:00:49 ET

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
22 April 2024

NOTICE OF DISTRIBUTION − SOUTH AFRICAN RAND RATE

In Glencore's 2023 preliminary results announcement, released on the Stock Exchange News Service of the JSE
Limited on 21 February 2024, the Board of Directors declared a distribution of US$0.13 per ordinary share. Subject to
shareholder approval at the Company’s AGM on Wednesday, 29 May 2024, the distribution will be made from the
capital contribution reserves of the Company in two equal tranches of US$0.065, payable in the first six months of the
2024 financial year (H1) and second six months of the 2024 financial year (H2).

The currency exchange rate applicable for the distribution payable to shareholders on the Glencore plc South African
branch register has been determined by reference to the close of business exchange rate applicable to the South
African Rand on Friday, 19 April 2024. This rate is as follows:


 Distribution of US$0.065 per                                                  Distribution per ordinary Glencore
                                    Applicable USD:ZAR Exchange Rate
 ordinary Glencore share                                                       share in South African Rand


South African Rand                   19.1313                                    1.24353


Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the
period from Tuesday, 30 April 2024 to Friday, 3 May 2024, both days inclusive, nor will transfers between the Jersey
register and the South African register be permitted between Monday, 29 April 2024 and Friday, 3 May 2024, both
dates inclusive.

This H1 distribution will be paid on Wednesday, 5 June 2024.


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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.