Glencore plc (LON:GLEN) announced today that it proposes to delist its shares from the Hong Kong Exchange (HKG:0805) on 31 January. Further details are contained in the announcement made today to the Hong Kong market.
As at 30 October 2017, Glencore plc had 37,922,218 shares listed in Hong Kong, representing approximately 0.3% of the Company’s total issued share capital.
Glencore Plc is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group’s operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.
With a strong footprint in both established and emerging regions for natural resources, Glencore’s industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. It’s customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing sectors. They also provide financing, logistics and other services to producers and consumers of commodities. Glencore’s companies employ around 155,000 people, including contractors.
