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Director/PDMR Shareholding

13th Sep 2011 15:43

RNS Number : 1689O
Glencore International PLC
13 September 2011
 



Baar, Switzerland  13 September, 2011

Notification of transaction by connected person of Person Discharging Managerial Responsibilities- first announcement

Pursuant to the Company's obligations under Disclosure and Transparency Rule 3.1.4, Glencore International plc notifies that on 12 September 2011 FR Galaxy Holdings S.à r.l. (FR) notified the Company that:

1. on 7 September 2011 FR agreed to sell 7,500 5% guaranteed convertible bonds due 2014 issued by Glencore Finance (Europe) S.A. (Bonds) for a price per Bond equal to U.S. $ 135,313.89. Also, FR's affiliate, ECP Galaxy Holdings S.à r.l., agreed to sell 500 Bonds at the same price per Bond;

2. FR is a connected person of Mr William Macaulay, a Director and person discharging managerial responsibilities of Glencore International plc;

3. the sale of these Bonds was effected in London and will settle through the Euroclear system; and

4. the sale of these Bonds constitutes a notifiable transaction under DTR 3.1.2.

 

John Burton

Company Secretary

Glencore International plc

 

For enquiries about Glencore, please contact:

Paul Smith (Investors) Simon Buerk (Media) Finsbury (Media)

t: +41 (0)41 709 2487 t: +41 (0)41 709 2679 Guy Lamming

m: +41 (0)79 947 1348 m: +41 (0)79 955 5384 Dorothy Burwell

e: [email protected] e: [email protected] t: +44 (0)20 7251 3801

 

John Burton (Company Secretary) Charles Watenphul(Media)

t: +41 (0) 41 709 2619 t: +41 (0) 41 709 2462

m: +41 (0) 79 944 5434 m: +41 (0) 79 904 3320

e: [email protected] e: [email protected]

 

About Glencore International plc

Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products.

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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