20th Mar 2015 15:15
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 Burtont: +41 (0) 41 709 2619m: +41 (0) 79 944 5434e: [email protected] | Nicola Barrettt: +41 (0) 41 709 2755m: +41 (0) 79 735 3916e: [email protected] |
Media:
Charles Watenphult: +41 (0) 41 709 2462m: +41 (0) 79 904 3320e: [email protected] |
Investor:
Paul Smitht: +41 (0) 41 709 2487m: +41 (0) 79 947 1348e: [email protected] | Martin Fewingst: +41 (0) 41 709 2880m: +41 (0) 79 737 5642e: [email protected] | Elisa Mornirolit: +41 (0) 41 709 2818m: +41 (0) 79 833 0508e: [email protected] |
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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