Annual General Meeting 2020 postponement
18 March, 2020
Glencore plc wishes to update shareholders on the impact of the continuing Covid-19 situation and corresponding restrictions on its Annual General Meeting.
On 16 March the Swiss Federal Council issued a decree which prohibits the holding of public meetings. The Company is therefore unable to proceed with its planned AGM in Zug on 6 May.
Under the Company’s articles of association, the AGM must be held by 30 June. To allow sufficient notice to be provided, the Company will announce the new AGM date prior to the end of May. While the Company hopes that this postponement will allow Glencore to hold a customary AGM, as the Covid-19 circumstances are fluid, changes to the usual arrangements, including location, may be made.
A new distribution timetable (previously announced on 18 February) will be issued following the announcement of the new date and arrangements for the AGM.
For further information please contact:
t: +41 41 709 2619
m: +41 79 944 5434
t: +41 41 709 2755
m: +41 79 735 3916
t: +41 41 709 2880
m: +41 79 737 5642
t: +41 41 709 3269
m: +41 79 197 4202
t: +41 41 709 24 62
m: +41 79 904 33 20
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 responsibly-sourced commodities that advance everyday life. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.
With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by a global network of more than 30 marketing 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's companies employ around 160,000 people, including contractors.
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.