Glencore CEO Receives Vested Share Awards
Why we think this is neutral
This is a routine regulatory announcement about the vesting of share awards to the CEO. It does not contain any material financial information or impact to Glencore's business.
Key Points
- Vesting of 216,667 shares under the DBA
- Vesting of 833,556 shares under the RSP
- Shares remain subject to a 2-year holding period post-retirement
Summary
The major mining company has announced the vesting of share awards to its CEO, Gary Nagle, as part of the company's executive compensation program.
Glencore plc has announced the vesting 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. The vesting of these awards was in line with the company's executive remuneration policies and did not have any material financial impact.
Key Dates
13 March 2025
Vesting of CEO share awards
18 March 2025
Release of 2024 Annual Report
DIRECTOR DEALINGS