IN BRIEF: Glencore shares to start trading in Sydney next month
Glencore PLC - Baar, Switzerland-based miner and commodities trader - Glencore shares will begin trading on the Australian Securities Exchange in Sydney on October 14, as all substantive requirements for admission as a foreign exempt listing has been satisfied, the company says on Thursday. Glencore shares will trade on the ASX as Chess depositary interests, with each CDI representing one Glencore ordinary share. ASX will be an additional secondary listing. Glencore shares already trade in London, Johannesburg and New York.
Current stock price: 560.10 pence, up 1.4% in London on Thursday
12-month change: up 70%
By Tom Waite, Alliance News editor
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