Glencore AG Amends Century Aluminum Stake Filing

TL;DR

Glencore filed an update on its Century Aluminum ownership. Stay tuned.

AI Summary

Glencore International AG, through its affiliate Glencore AG, has filed an amendment (No. 28) to its Schedule 13D concerning Century Aluminum Company. The filing, dated August 12, 2024, indicates a change in beneficial ownership as of August 12, 2024. Glencore International AG is based in Switzerland and has a business phone number of +41 41 709 2000.

Why It Matters

This filing updates the market on Glencore's ownership stake in Century Aluminum, which could signal changes in strategy or future intentions for the company.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often precede significant corporate actions or shifts in investor sentiment.

Key Players & Entities

• Glencore International AG (company) — Filing entity
• Glencore AG (company) — Group member of Glencore International AG
• Century Aluminum Company (company) — Subject company
• Steven Kalmin (person) — Authorized to receive notices
• Matias Vega, Esq. (person) — Legal counsel

FAQ

Key Financial Figures

• $0.01 — COMPANY Name of Issuer COMMON STOCK, $0.01 Par Value (Title of Class of Securiti
• $359,657,954 — shares of Series A Preferred Shares was $359,657,954, $25,000,000 and $1,090,259,200, respec
• $25,000,000 — es A Preferred Shares was $359,657,954, $25,000,000 and $1,090,259,200, respectively, in ca
• $1,090,259,200 — hares was $359,657,954, $25,000,000 and $1,090,259,200, respectively, in cash, all of which wa

Filing Documents

• tm2421325d1_sc13da.htm (SC 13D/A) — 148KB
• tm2421325d1_ex99-1.htm (EX-99.1) — 6KB
• 0001104659-24-088477.txt ( ) — 155KB

Material to Be Filed as Exhibits

Item 7. Material to Be Filed as Exhibits 1. Joint Filing Agreement, dated August 12, 2024, among Glencore plc, Glencore International AG and Glencore AG relating to the filing of a joint statement on Schedule 13D 2. Certificate of Designation of the Series A Preferred Shares (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on July 8, 2008) 3. Standstill and Governance Agreement (Incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on July 8, 2008) 4. Registration Rights Agreement (Incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on July 8, 2008) 5. Support Agreement (Incorporated by reference to Exhibit 10.01 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on May 4, 2009) 6. Glencore Irrevocable Proxy, dated March 24, 2023, given by Glencore AG, Glencore International AG and Glencore plc to certain officers of the Company 7. Form of Security Deeds, each dated December 1, 2023, between Glencore International AG and Glencore AG respectively and HSBC Bank PLC Page 10 of 13 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: August 12, 2024 Glencore AG By: /s/ Martin Haering Name: Martin Haering Title: Director By: /s/ Carlos Perezagua Name: Carlos Perezagua Title: Director Glencore International AG By: /s/ John Burton Name: John Burton Title: Director By: /s/ Steven Kalmin Name: Steven Kalmin Title: Director Glencore plc By: /s/ John Burton Name: John Burton Title: Company Secretary Page 11 of 13 SCHEDULE 1 Set forth below are the names, business

View Full Filing

View this SC 13D/A filing on SEC EDGAR