For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260311:nRSK1026Wa&default-theme=true
RNS Number : 1026W Glencore PLC 11 March 2026
Glencore plc
Baar, Switzerland
11 March 2026
PDMR notification: Grant of awards to CEO
In line with its Remuneration Policy approved by shareholders on 29 May 2024,
Glencore plc ("Glencore" or the "Company") announces that its Chief Executive
Officer, Gary Nagle, was granted share units in respect of his Career Shares
(CS) award on 9 March 2026. These share units will convert into ordinary
shares of the Company on the vesting date, assuming that all conditions under
the Remuneration Policy have been met.
Further details on Mr Nagle's remuneration is included in the Directors'
Remuneration Report within the Company's 2025 Annual Report, including
information on previous share units awarded.
Details regarding the share units awarded in 2026 are contained in the table
below.
PDMR notification
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Gary Nagle
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification/Amendment Initial notification
3 Details of the issuer, UK emission allowance market participant, auction
platform or auctioneer
a) Name Glencore plc
b) LEI 2138002658CPO9NBH955
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Awarded units converting into ordinary shares upon vesting date, in line with
Remuneration Policy.
Share units awarded under CS vest 3 years following granting date and are
subject to performance underpins and a holding period.
Identification code
ISIN: JE00B4T3BW64
b) Nature of the transaction Grant of share units under the CS Plan
c) Price(s) and volume(s) Price(s) determined for grant (not payable by Executive) Volume(s)
GBP 5.0222 / USD 6.8201, based on the Volume Weighted Average Price (VWAP) of 1,502,911
February 2026.
d) Aggregated information As above
· Aggregated volume
· Price
e) Date of the transaction 9 March 2026
f) Place of the transaction Outside a trading venue
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.
Through a network of assets, customers and suppliers that spans the globe, we
produce, process, recycle, source, market and distribute the commodities that
advance everyday life.
With over 140,000 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
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.
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 2025 Annual 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 DSHFLFIRVDIILIR
Copyright 2019 Regulatory News Service, all rights reserved