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BHP Group Limited — Director's Dealing 2019
Aug 25, 2019
14787_rns_2019-08-25_21ae1554-2a67-4b25-a3a4-bceb50c5c181.pdf
Director's Dealing
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23 August 2019
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ASX Listing Rules Appendix 3Y Change of Director’s Interest Notice
| Name of entities | BHP Group Limited | BHP Group Plc |
|---|---|---|
| ABN 49 004 028 077 | REG NO 3196209 |
We (the entities) give the ASX[1] the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Andrew Mackenzie |
|---|---|
| Date of last notice | 19 December 2018 |
Part 1 – Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Direct or indirect interest | Indirect | |
|---|---|---|
| Nature of indirect interest(including registered holder) | Andrew Mackenzie has an indirect interest in 266,205ordinary shares in BHP Group Plc and 93,051 ordinaryshares in BHP Group Limited held by PershingNominees held jointly by Andrew Mackenzie andElizabeth Mackenzie, of which Andrew Mackenzie is abeneficiary. | |
| Date of change | 21 August 2019 | |
| No. of securities held priorto change | Ordinary shares:BHP Group Plc266,205 – IndirectBHP Group Limited93,051 – IndirectOptions and other rights:BHP Group Limited1,593,963 Maximum number of Performance Shares(ordinary shares of BHPGroupLimited) undertheLong |
1 This release was made outside the hours of operation of the ASX market announcements office.
| Term Incentive Plan.108,278 Deferred Shares (ordinary shares in BHP GroupLimited) under the Short Term Incentive Plan. | ||
|---|---|---|
| Class | Ordinary shares in BHP Group Limited | |
| Number acquired | 63,486 | |
| Number disposed | 31,309 | |
| Value/Consideration | Vesting of 56,217 at nil cost7,269 Dividend Equivalent Payments in shares at nil costSale of 31,309 at AUD$35.75 per share (average) | |
| No. of securities held afterchange | Ordinary shares:BHP Group Plc266,205 – IndirectBHP Group Limited125,228 – IndirectOptions and other rights:BHP Group Limited1,369,104 Maximum number of Performance Shares(ordinary shares of BHP Group Limited) under the LongTerm Incentive Plan.52,061 Deferred Shares (ordinary shares in BHP GroupLimited) under the Short Term Incentive Plan. | |
| Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividendreinvestment plan, participation inbuy-back | The acquisition of:56,217 ordinary shares in BHP Group Limitedfollowing the vesting of Deferred Shares under theFY2017 Short Term Incentive Plan; and7,269 ordinary shares in BHP Group Limited inaccordance with the Group’s policy on DividendEquivalent Payments.An on-market sale of 31,309 BHP Group Limited ordinaryshares on the Australian Securities Exchange, made inorder to meet expected tax obligations2014 Long Term Incentive Plan – nil vesting:None of Andrew Mackenzie’s 224,859 Long TermIncentive Plan awards vested. BHP’s five year TSRperformance was 6.0 per cent over the five-year periodfrom 1 July 2014 to 30 June 2019. This is below theweighted median TSR of peer companies of 15.3 percent and below the TSR of the MSCI World Index of 41.3per cent. This level of performance results in zerovesting for the 2014 Long Term Incentive Plan awardsand accordingly the awards have lapsed. |
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Detail of contract | - |
|---|---|
| Nature of interest | - |
| Name of registered holder(if issued securities) | - |
| Date of change | - |
| No. and class of securitiesto which interest relatedprior to change | - |
| Interest acquired | - |
| Interest disposed | - |
| **Value/Consideration ** | - |
| Interest after change | - |
Part 3 – Closed period
| Were the interests in thesecurities or contactsdetailed above traded duringa closed period where priorwritten consent was**required? ** | No. |
|---|---|
| If so, was prior writtenclearance provided to allowthe trade to proceed during**this period? ** | Under BHP’s Securities Dealing Policy a Director cannotdeal in BHP Group Securities without prior writtenclearance. This requirement applies to all dealings,including those that occur outside of a Closed Period. |
| If prior written clearancewas provided, on what date**was this provided? ** | N/A |
Part 4 - Contact details
Name of authorised officers Rachel Agnew responsible for making this notification on behalf of the entities Contact details Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 BHP Group Limited ABN 49 004 028 077 BHP Group Plc Registration number 3196209 LEI WZE1WSENV6JSZFK0JC28 LEI 549300C116EOWV835768 Registered in Australia Registered in England and Wales Registered Office: Level 18, 171 Collins Street Registered Office: Nova South, 160 Victoria Street Melbourne Victoria 3000 Australia London SW1E 5LB United Kingdom Tel +61 1300 55 4757 Fax +61 3 9609 3015 Tel +44 20 7802 4000 Fax +44 20 7802 4111
Members of the BHP Group which is headquartered in Australia