REG - Glencore PLC - PDMR notification: Vesting of awards to CEO

GlencoreAnnouncement

Yesterday 13:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260323:nRSW7364Xa&default-theme=true

RNS Number : 7364X  Glencore PLC  23 March 2026

Glencore plc

Baar, Switzerland

23 March 2026

PDMR notification: Vesting of awards to CEO

The Company announces the vesting on 22 March 2026 of shares granted to its
Chief Executive Officer, Gary Nagle, in respect of a Deferred Bonus Award
(DBA) and a Restricted Share Plan (RSP) award. Further details on Mr Nagle's
remuneration are included in the Directors' Remuneration Report in the 2025
Annual Report that the Company released on 10 March 2026. However, the
vestings set out below will be included in the 2026 Directors' Remuneration
Report in the 2026 Annual Report.

Details regarding the vested shares are contained are the table below.

 

 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  Vesting of units now converted into ordinary shares of the Company:

                                                                  i) Share units awarded under the DBA have fully vested 3 years following grant

                                                            date

                                                            ii) Share units awarded under RSP have fully vested 3 years following grant
                                                                  date, following an assessment by the Remuneration Committee of the performance

                                                            underpins. They remain subject to a holding period equal to the later of five
                                                                  years from the grant date or two years post-employment.

                                                                  ISIN: JE00B4T3BW64

     Identification code
 b)  Nature of the transaction                                    Vesting on 22 March 2026 into ordinary shares of awarded units following:

                                                                  i) Grant of share units under the DBA

                                                                  ii) Grant of share units under the RSP

                                                                  The grants were made on 23 March 2023.
 c)  Price(s) and volume(s)                                       i) Shares vested under DBA                Volume(s)

                                                                                                            i) 316,399

     ii)  Shares vested under RSP                                                                            Volume(s)

                                                                                                            ii) 608,622
 d)  Aggregated information                                       Aggregate number of shares vested:        Volume(s)

     ·    Aggregated volume                                       (No price paid.)                          925,021

     ·    Price
 e)  Date of the transaction                                      23 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  DSHLXLFLQXLXBBZ



            Copyright 2019 Regulatory News Service, all rights reserved