2017 Distribution timetable
Glencore plc has today announced that its Board is recommending an aggregate distribution of US$0.07 per share in respect of the 2016 financial year.
Distributions will be declared and paid in U.S. dollars, although Shareholders on the Jersey register will be able to elect to receive their distribution payments in Pounds Sterling, Euros or Swiss Francs. Shareholders on the Hong Kong branch register will receive their distributions in Hong Kong dollars. Shareholders on the Johannesburg register will receive their distributions in South African Rand.
Subject to shareholder approval, the distribution will be made from the capital contribution reserves of the Company in two equal tranches of $0.035 payable in the first six months of the 2017 financial year (H1) and second six months of the 2017 financial year (H2) in accordance with the following: