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BHP Group Limited — Director's Dealing 2010
Sep 14, 2010
14787_rns_2010-09-14_7e2ae8fc-1bda-467d-b3db-90778d9400f7.pdf
Director's Dealing
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Company Secretariat
14 September 2010
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BHP Billiton Limited BHP Billiton Plc 180 Lonsdale Street Neathouse Place Melbourne Victoria 3000 Australia London SW1V 1BH UK GPO BOX 86A Melbourne Victoria 3001 Australia Tel +44 20 7802 4000 Tel +61 1300 55 47 57 Fax +61 3 9609 4372 Fax + 44 20 7802 4111 bhpbilliton.com bhpbilliton.com
To: Australian Securities Exchange London Stock Exchange
cc: New York Stock Exchange JSE Limited
Notification of Change of Interests of Persons Discharging Managerial Responsibility (Listing Rules & Disclosure and Transparency Rules of the UK Listing Authority)
| Name of entities | BHP Billiton Limited | BHP Billiton Plc |
|---|---|---|
| ABN 49 004 028 077 | REG NO 3196209 |
As part of a dual listed company structure, the Group voluntarily notifies all stock exchanges on which either BHP Billiton Limited or BHP Billiton Plc have primary or secondary listings, all those interests of directors and persons discharging managerial responsibilities of both entities in the securities of both entities (and changes to those interests) which are required to be disclosed under the Listing Rules and Disclosure and Transparency Rules of the United Kingdom Listing Authority and the Group’s Securities Dealing Procedure.
We (the entities) advise the following information under the UK Listing Authority Disclosure and Transparency Rule 3.1.4 and as agent for the person discharging managerial responsibilities in accordance with the Group’s Securities Dealing Procedure.
| Name of person discharging managerial responsibilities |
Ms K J Wood |
|---|---|
| Date of last notice | 1 April 2010 |
| Date issuer informed of transaction |
13 September 2010 |
| Date and place of transaction |
8 September 2010 (Australian Securities Exchange) |
| Nature of transaction | The acquisition of 80,000 ordinary shares in BHP Billiton Limited following the exercise of Performance Shares under the 2005 Long Term Incentive Plan and 30,778 ordinary shares in BHP Billiton Limited following the exercise of Deferred Shares under the 2008 Group Incentive Scheme and a subsequent on-market sale of 55,297 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations. In addition, an off-market transfer (disposal) of 3,000 ordinary shares was made to a family member. |
BHP Billiton Limited ABN 49 004 028 077 Registered in Australia Registered Office:180 Lonsdale Street, Melbourne Victoria 3000 Australia
BHP Billiton Plc Registration number 3196209 Registered in England and Wales Registered Office: Neathouse Place, London SW1V 1BH UK
Members of the BHP Billiton Group which is headquartered in Australia
Part 1 – Change of relevant interests in securities
Included in this Part are:
-
in the case of a trust, interests in the trust made available by the responsible entity of the trust;
-
details of the circumstance giving rise to the relevant interest;
-
details and estimated valuation if the consideration is non-cash; and
-
changes in the relevant interest of Connected Persons of the director.
| Direct or indirect interest | Direct |
|---|---|
| Nature of indirect interest (including registered holder) |
Ms Wood has an indirect interest in 38,361 ordinary shares in BHP Billiton Limited, as follows: (i) 38,000 ordinary shares in BHP Billiton Limited registered in the name of Sloan Wood Superannuation Fund. The Trustees of this private superannuation fund are K Wood and A Sloan; and (ii) 361 ordinary shares in BHP Billiton Limited held by Computershare Nominees on behalf of Shareplus participants as Acquired Shares under the scheme. Shareplus is an all employee share purchase plan of the BHP Billiton Group. No change to indirect holding |
| **Date of change ** | 8 September 2010 |
| No. of securities held prior to change |
70,772 (Direct) |
| Class | Ordinary Shares in BHP Billiton Limited |
| Number acquired | 110,778 |
| Number disposed | 58,297 |
| Value/Consideration | Exercise of 110,778 at nil cost Sale of 55,297 at $37.94 & 3,000 at nil |
| No. of securities held after change |
123,253 (Direct) |
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
The acquisition of 80,000 ordinary shares in BHP Billiton Limited following the exercise of Performance Shares under the 2005 Long Term Incentive Plan and 30,778 ordinary shares in BHP Billiton Limited following the exercise of Deferred Shares under the 2008 Group Incentive Scheme and a subsequent on-market sale of 55,297 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations. In addition, an off-market transfer (disposal) of 3,000 ordinary shares was made to a family member. |
| Any additional information | — |
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Part 2 – Change of interests in contracts other than as described in Part 3
Included in this Part are:
-
only details of a contract in relation to which the interest has changed; and
-
details and estimated valuation if the consideration is non-cash.
| Detail of contract | — |
|---|---|
| Nature of interest | — |
| Name of registered holder (if issued securities) |
— |
| No. and class of securities to which interest related prior to change |
— |
| Interest acquired | — |
| Interest disposed | — |
| Value/Consideration | — |
| Interest after change | — |
Part 3 – Change of interests in options or other rights granted by the entities
Included in this Part are only details of options or other rights granted which have changed, save for the total number of securities over which options or other rights are held following this notification.
| Date of grant | — |
|---|---|
| Period during which or date on which exercisable |
— |
| Total amount paid (if any) for the grant | — |
| Description of securities involved: class; number |
— |
| Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise |
— |
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Part 3 – Change of interests in options or other rights granted by the entities (cont’d)
| Total number of securities over which options or other rights held at the date of this notice |
23,686 – maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the GIS 594,187 – maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP 361 – maximum number of Matched Shares (ordinary shares of BHP Billiton Limited) under the Shareplus ___ 618,234 – Total |
|---|---|
| Any additional information | This notification is in respect of an exercise of vested 2005 Performance Shares (80,000) under the BHP Billiton Limited Long Term Incentive Plan and the exercise of vested 2008 Deferred Shares (30,778) under the BHP Billiton Limited Group Incentive Scheme. |
Part 4 – Contact details
| Name of authorised officers responsible for making this notification on behalf of the entities |
Fiona Smith – BHP Billiton Limited Geof Stapledon – BHP Billiton Plc |
|---|---|
| Contact details | Fiona Smith Tel: +61 3 9609 3179 Fax: +61 3 9609 4372 Geof Stapledon Tel: +44 20 7802 4176 Fax: +44 20 7802 3054 |
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