REG - Glencore PLC - Cancellation of Treasury Shares

GlencoreAnnouncement

20/02/2025 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250220:nRST9063Xa&default-theme=true

RNS Number : 9063X  Glencore PLC  20 February 2025

 

 

Glencore plc

Baar, Switzerland

20 February 2025

 

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 1,259,288,041, representing approximately
9.29% of the Company's total issued share capital. This, and the numbers
below, include the 10,000,000 shares purchased by the Company yesterday.

In accordance with UK Listing Rule 9.8.2, the Company discloses the following
information:

 Date of cancellation                                               20 February 2025
 Number of treasury shares cancelled                                100,000,000
 Total number of issued ordinary shares following the cancellation  13,450,000,000
 Total number of treasury shares following the cancellation         1,259,288,041
 Total number of ordinary shares less treasury shares               12,190,711,959

 

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

 

www.glencore.com

Glencore LEI: 2138002658CPO9NBH955

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 over 150,000 employees and contractors and a strong footprint in over 30
countries in both established and emerging regions for natural resources, our
marketing and industrial activities are supported by a global network of more
than 50 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 will support the global effort to achieve the goals of the Paris Agreement
through our efforts to decarbonise our own operational footprint. For more
information see our 2024-2026 Climate Action Transition Plan, available on our
website at glencore.com/publications.

 

linkedin.com/company/glencore

x.com/glencore

instagram.com/glencoreplc

facebook.com/glencore

youtube.com/glencorevideos

 

Important Information

This material does not purport to contain all of the information you may wish
to consider. For further important information, including in connection with
forward-looking statements and other cautionary information, refer to the
Important notice section of Glencore's 2024 Half Year Report, which is
available at glencore.com/publications. This document does not constitute or
form part of any offer or invitation to sell or issue, or any solicitation of
any offer to purchase or subscribe for any securities.

 

Other information
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.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCSELFESEISEIE