INVESTORS

Distribution information

Distribution information

From 2018 the Company’s distribution policy is that the Board intends to recommend to shareholders a distribution comprising (1) a fixed $1 billion base distribution and (2) a variable distribution representing a minimum payout of 25% of the free cash flow of the Group’s industrial businesses in the prior financial year. This will usually be payable in two equal instalments.

Every year the Board will review this policy based on prevailing circumstances and determine any distribution payable accordingly.

Distributions are declared and paid in US dollars; however, shareholders on the Jersey (principal) register may elect to receive their distribution payments in pounds sterling, euros or Swiss francs. Shareholders on the Johannesburg register will receive their distributions in South African Rand. 

Distributions have from the Company’s IPO in 2011 been effected as a reduction of the Company’s capital contribution reserves and have been paid free of Swiss withholding tax.  Shareholders should contact their tax advisor for advice on the tax treatment for them of receipt of a distribution.

Information on distributions on an annual basis is contained in the above tabs.

Information on distributions paid in the present year and in previous years

Please see tabs above.

Distribution enquiries

For all distribution payment queries please contact the Company's registrar at:

Computershare Investor Services (Jersey) Ltd
13 Castle Street
St. Helier
Jersey
Channel Islands JE1 1ES


Shareholder helpline: +44 (0) 370 707 4040
Shareholder fax number: +44 (0) 370 873 5851
Shareholder contact form: www.investorcentre.co.uk/JE/CONTACTUS

 

JSE shareholders

Computershare Investor Services Limited
70 Marshall Street
Johannesburg
South Africa
Tel: +27 861 100 933
www.computershare.com/za/Pages/default.aspx

2021 distribution payments

On 16 February 2021, Glencore plc has announced that its Board is recommending an aggregate distribution of US$0.12 per share in respect of the financial year ended 31 December 2020.

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 who formerly held shares through the Computershare Hong Kong nominee will receive distribution payments in US dollars unless they make an election to receive payments in Swiss francs, Sterling or Euros, or subscribe to the global payment service to elect to receive payments in the currency of their choosing (including Hong Kong Dollars), by the prescribed date. Elections will remain in place until revoked by the shareholder. 

Shareholders on the Johannesburg register will receive their distribution payments 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 $0.06 payable in the first six months of the 2021 financial year (H1) and second six months of the 2021 financial year (H2) in accordance with the following:

 

H1 Distribution Timetable

Distribution events Dates (all 2021)
Applicable exchange rate reference date (Johannesburg Stock Exchange (JSE)) Friday, 16 April
Applicable exchange rate announced on the JSE Monday, 19 April
Last day to effect removal of shares cum distribution between Jersey and JSE registers at commencement of trade Tuesday, 20 April
Last time to trade on JSE to be recorded in the register on record date  Tuesday, 20 April
H1 Ex-Distribution date (JSE) Wednesday, 21 April
H1 Ex-Distribution date (Jersey) Thursday, 22 April
H1 Distribution Record Date for JSE Friday, 23 April
H1 Distribution Record Date in Jersey Friday, 23 April
Deadline for return of currency election form (Shareholders on Jersey Register only) Monday, 26 April
Removal of shares between the Jersey and JSE registers permissible from Monday, 26 April
Applicable exchange rate reference date (Jersey) Thursday, 29 April
Annual General Meeting – Shareholder vote to approve aggregate 2020 Distribution Thursday, 29 April
H1 Distribution payment date Friday, 21 May

 

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 21 April 2021 to Friday 23 April 2021, both days inclusive.

 

H2 Distribution Timetable

Distribution events Dates (all 2021)
Applicable exchange rate reference date (JSE) Friday, 27 August
Applicable exchange rate to be announced on the JSE Monday, 30 August
Last day to effect removal of shares cum distribution between Jersey and JSE registers at commencement of trade Tuesday, 31 August
Last time to trade on JSE to be recorded in the register on record date  Tuesday, 31 August
H2 Ex-Distribution date (JSE)     Wednesday, 1 September
H2 Ex-Distribution date (Jersey) Thursday, 2 September
H2 Distribution Record Date for JSE Friday, 3 September
H2 Distribution Record Date in Jersey     Friday, 3 September
Deadline for return of currency election form (Shareholders on Jersey Register only) Monday, 6 September
Removal of shares between the Jersey and JSE registers permissible from Monday, 6 September
Applicable exchange rate reference date (Jersey) Thursday, 9 September
H2 Distribution payment date Tuesday, 21 September

 

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 1 September 2021 to Friday 3 September 2021, both days inclusive.

For the purposes of the JSE Listing Requirements, this distribution is considered a final distribution. Further information in relation to the JSE Listing Requirements will be announced on 19 April and 30 August 2021.

Further details of these distributions are set out at:

2020 distribution payments

On 31 March 2020, the Board deferred its decision to proceed with a proposed cash distribution in 2020, amid the prevailing period of exceptional economic uncertainty resulting from Covid-19. The Board has further considered such decision and, in light of the continued uncertain pandemic / economic outlook and in order to support the Group’s overall financial position, has determined that no 2020 distribution will be made.

2019 distribution payments

For 2019 a total distribution of $0.20 per share will be made as approved by shareholders at the AGM on 9 May 2019. This will be payable in two equal parts in accordance with the record dates and timetables set out below:

Distribution payment date

Amount (US dollars) paid per share

23 May 2019 (H1)

0.10

24 September 2019 (H2)

0.10

 

Amount to be paid per share for the H1 distribution in other currencies pursuant to listings/elections on 23 May 2019:

GBP EUR CHF HKD ZAR
0.076441

0.088960

0.101490 0.784510

1.3985

 

Table best viewed in landscape

Amount to be paid per share for the H2 distribution in other currencies pursuant to listings/elections on 24 September 2019:

GBP EUR CHF HKD ZAR

0.081004

0.090934 0.099370 0.783910

1.5231

 

Table best viewed in landscape

2018 distribution payments

For 2018 a total distribution of $0.20 per share will be made as approved by shareholders at the AGM on 2 May 2018. This will be payable in two equal parts in accordance with the record dates and timetables set out below:

Distribution payment date Amount (US dollars) paid per share
23 May 2018 (H1) 0.10
27 September 2018 (H2) 0.10

 

Amount to be paid per share for the H1 distribution in other currencies pursuant to listings/elections on 23 May 2018:

 

GBP EUR CHF HKD ZAR
0.073535 0.083640 0.099840 0.784980 1.1998

 

Table best viewed in landscape

Amount to be paid per share for the H2 distribution in other currencies pursuant to listings/elections on 27 September 2018:

 

GBP EUR CHF HKD ZAR
0.076787 0.086022 0.097110 0.784880 1.41275

 

Table best viewed in landscape

2017 distribution payments

Distribution payment date Amount (US dollars) paid per share
31 May 2017 0.035
26 September 2017 0.035

 

Amount paid per share in other currencies pursuant to listings/elections on 31 May 2017:

 

GBP EUR CHF HKD ZAR
0.026979 0.031399 0.034265 0.272563 0.4684

 

Table best viewed in landscape

Amount paid per share in other currencies pursuant to listings/elections on 26 September 2017:

 

GBP EUR CHF HKD ZAR
0.026455 0.029370 0.033716 0.273392 0.45448

 

Table best viewed in landscape

2016 distribution payments

No distribution was paid in 2016

2015 distribution payments

2015 distribution payments

Distribution payment date Amount (US dollars) paid per share
21 May 2015 0.12
29 September 2015 0.06

Amount paid per share in other currencies pursuant to listings/elections on 21 May 2015:

GBP EUR CHF HKD ZAR
0.078084 0.107095 0.112428 0.930132 1.427556

Amount paid per share in other currencies pursuant to listings/elections on 29 September 2015:

GBP EUR CHF HKD ZAR
0.03864485 0.05302227 0.058164 0.465006 0.7847

2015 Final Distribution Timetable

Final Distribution 2015
Applicable exchange rate reference date (Johannesburg Stock Exchange (JSE)) 9 April 
Last time to trade on JSE to be recorded in the register for distribution 17 April
Last day to effect removal of shares cum div between Jersey and JSE reg-isters 17 April
Ex-dividend date (JSE) 20 April
Ex-dividend date (HK) 22 April
Ex-dividend date (Jersey) 23 April
Last time for lodging transfers in Hong Kong 23 April
Record date in JSE Close of business (SA) 24 April
Record date in Hong Kong Opening of business (HK) 24 April
Record date in Jersey Close of business (UK) 24 April
Deadline for return of currency elections form (Jersey shareholders) 27 April
Removal of shares between the Jersey and JSE registers permissible from 28 April
Applicable exchange rate reference date (Jersey and Hong Kong) 30 April
Annual General Meeting (shareholder to vote to approve final distribution) 7 May
Payment date 21 May
2014 distribution payments

2014 distribution payments

Distribution payment date Amount (US dollars) paid per share
30 May 2014 0.111
19 September 2014 0.06

Amount paid per share in other currencies pursuant to listings/elections on 30 May 2014:

GBP EUR CHF HKD ZAR
0.06576609 0.08122942 0.0993006 0.860583 1.1613375

Amount paid per share in other currencies pursuant to listings/elections on 19 September 2014:

GBP EUR CHF HKD ZAR
0.03715861 0.04645041 0.056256 0.465018 0.6423

2013 FINAL DISTRIBUTION TIMETABLE

Distribution event

Date (all 2014)

Announcement of recommended 2013 Final Distribution

Tuesday 4 March

Applicable exchange rate reference date (Johannesburg Stock Exchange (JSE))

Friday 2 May

Last time to trade on JSE to be recorded in the register on record date

Close of business (SA) Friday 9 May

Last day to effect removal of shares cum div between Jersey and JSE registers

Friday 9 May

Final Ex-Div date (JSE)

Monday 12 May

Final Ex-Div Date (Jersey and Hong Kong)

Wednesday 14 May

Last time for lodging transfers in Hong Kong

4.30pm Thursday 15 May (HK time)

Final Distribution Record Date in Hong Kong

Opening of business (HK) Friday 16 May

Final Distribution Record Date for JSE

Close of business (SA) Friday 16 May

Final Distribution Record Date in Jersey

Close of business (UK) Friday 16 May

Deadline for return of currency election form (Shareholders on the Jersey register only)

Monday 19 May

Removal of shares between the Jersey and JSE registers permissible from

Monday 19 May

Annual General Meeting - Shareholder vote to approve 2013 Final Distribution

Tuesday 20 May

Applicable exchange rate reference date (Jersey and Hong Kong)

Wednesday 21 May

Final Distribution payment date

Friday 30 May

 

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Monday 12 May 2014 to Friday 16 May 2014, both days inclusive.

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.

 

2014 INTERIM DISTRIBUTION TIMETABLE

Distribution event

Date (all 2014)

Announcement of 2014 Interim Distribution

Wednesday 20 August

Applicable exchange rate reference date (JSE)

Friday 22 August

Last time to trade on JSE to be recorded in the register on record date

Close of business (SA) Friday 29 August

Last day to effect removal of shares cum div between Jersey and JSE registers

Friday 29 August

Interim Ex-Div date (JSE)

Monday 1 September

Interim Ex-Div Date (Jersey and Hong Kong)

Wednesday 3 September

Last time for lodging transfers in Hong Kong

4.30pm Thursday 4 September (HK time)

Interim Distribution Record Date in Hong Kong

Opening of business (HK) Friday 5 September

Interim Distribution Record Date for JSE

Close of business (SA) Friday 5 September

Interim Distribution Record Date in Jersey

Close of business (UK) Friday 5 September

Deadline for return of currency election form (Shareholders on Jersey Register only)

Monday 8 September

Removal of shares between the Jersey and JSE registers permissible from

Monday 8 September

Applicable exchange rate reference date (Jersey and Hong Kong)

Wednesday 10 September

Interim Distribution payment date

Friday 19 September

 

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Monday 1 September 2014 to Friday 5 September 2014, both days inclusive.

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.

2013 distribution payments

2013 distribution payments

Distribution payment date Amount (US dollars) paid per share
7 June 2013 0.1035
12 September 2013 0.054

Amount paid per share in other currencies pursuant to listings/elections on 7 June 2013:

GBP EUR CHF HKD
0.06826726 0.07986111 0.0993186 0.8034498

Amount paid per share in other currencies pursuant to listings/elections on 12 September 2013:

GBP EUR CHF HKD
0.03463759 0.04116167 0.0510192 0.41880780

2013 Distribution Timetables

Final Distribution 2013
Annual General Meeting 16 May
Ex-dividend date (UK and Hong Kong) 22 May
Last time for lodging transfers in Hong Kong 4:30 pm (HK) 24 May
Record date in Hong Kong Opening of business (HK) 24 May
Record date in UK Close of business (UK) 24 May
Deadline for return of currency election form (Jersey shareholders) 28 May
Applicable exchange rate date 31 May
Payment date 7 June
Interim Distribution 2013
Announcement of 2013 Interim Dividend Tuesday 20 August
Interim Dividend Ex-Div Date (UK and Hong Kong) Wednesday 28 August
Last time for lodging transfers in Hong Kong 4.30pm Thursday 29 August (HK time)
Interim Dividend Record Date in Hong Kong Opening of business (HK) Friday 30 August
Interim Dividend Record Date in UK Close of business (UK) Friday 30 August
Deadline for return of currency election form (Jersey shareholders) Friday 30 August
Applicable exchange rate date Thursday 5 September
Payment date Thursday 12 September
2012 distribution payments

2012 distribution payments

Distribution payment date Amount (US dollars) paid per share
1 June 2012 0.10
13 September 2012 0.054

Amount paid per share in other currencies pursuant to listings/elections on 1 June 2012:

GBP EUR CHF HKD
0.06395497 0.07992327 0.096 0.77625

Amount paid per share in other currencies pursuant to listings/elections on 13 September 2012:

GBP EUR CHF HKD
0.03369314 0.04218420 0.050976 0.4188132

Further details of these distributions are set out at:

2012 Distribution Timetables

Final Distribution 2012
Announcement of 2011 Final Dividend Monday 5 March
Final Dividend Ex-Div Date (UK and Hong Kong) Wednesday 16 May
Last time for lodging transfers in Hong Kong 4.30pm Thursday 17 May (HK time)
Final Dividend Record Date in Hong Kong    Opening of business (HK) Friday 18 May
Final Dividend Record Date in UK Close of business (UK) Friday 18 May
Deadline for return of currency election form (Jersey shareholders) Monday 21 May
Applicable exchange rate date Friday 25 May
Payment date Friday 1 June
Interim Distribution 2012
Announcement of 2012 Interim Dividend Tuesday 21 August
Ex-dividend date (UK and Hong Kong) 29 August
Last time for lodging transfers in Hong Kong 4:30 pm (HK) 30 August
Interim dividend record date in Hong Kong Opening of business (HK) 31 August
Interim dividend record date in UK Close of business (UK) 31 August
Deadline for return of currency election form (Jersey shareholders) 3 September
Applicable exchange rate date 7 September
Payment date 13 September
2011 Distribution payment

2011 Distribution payment

Distribution payment date Amount (US dollars) paid per share
30 September 2011 0.05

Amount paid per share in other currencies pursuant to listings/elections:

GBP EUR CHF HKD
0.03238761 0.03698498 0.045145 0.39004

Further details of this distribution are set out at:

2011 Interim Distribution Timetable

Interim Distribution 2011
Ex-dividend date (UK and Hong Kong) 7 September
Last time for lodging transfers in Hong Kong 4:30 pm (HK) 8 September
Interim dividend record date in Hong Kong Opening of business (HK) 9 September 2011
Interim dividend record date in UK Close of business (UK) 9 September 2011
Deadline for return of currency election form (Jersey shareholders) 12 September
Applicable exchange rate date 23 September
Payment date 30 September