Last checked at 25 Nov 2022 07:00
BHP GROUP LIMITED
Notification and public disclosure of transactions by
Persons Discharging Managerial Responsibilities
1 | Details of the person discharging managerial responsibilities / persons closely associated | ||||||||||||||||||||||
a) | Name | Mike Henry | |||||||||||||||||||||
2 | Reason for the notification | ||||||||||||||||||||||
a) | Position/status | PDMR (Chief Executive officer) | |||||||||||||||||||||
b) | Initial notification/Amendment | Initial notification | |||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||||||||||||||
a) | Name | BHP Group Limited | |||||||||||||||||||||
b) | LEI | WZE1WSENV6JSZFK0JC28 | |||||||||||||||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. | ||||||||||||||||||||||
a) | Description of the financial instrument, type of instrument Identification code | This notification is in respect of the grant of the following grants to the Chief Executive Officer under the Group's incentive plans: (i) Long Term Incentive Plan Awards; (ii) Cash and Deferred Plan Awards that vest after two-years; and (iii) Cash and Deferred Plan Awards that vest after five-years.
This notification is also in respect of the grant and vesting of Uplift Awards to the Chief Executive Officer under the Group's incentive plans.
Employees who continued to be employed by BHP after completion of the Petroleum merger with Woodside on 1 June 2022 did not receive the in specie dividend paid by BHP in respect of any unvested share rights, and the value of the underlying BHP shares which they will receive on vesting will be reduced as a result of the in specie dividend that has been determined. To treat BHP employees fairly and restore the value of the unvested share rights to their pre-completion value, BHP granted those employees a one-off grant of additional matching entitlements (Uplift Awards) on the same substantive terms as the original unvested share rights. Type of Instrument
Each grant under BHP Group Limited's Cash and Deferred Plan and Long Term Incentive Plan is a conditional right to one ordinary fully paid share in BHP Group Limited, subject to meeting the applicable service and/or performance conditions.
Identification code ISIN: AU000000BHP4 | |||||||||||||||||||||
b) | Nature of the transaction | 1. The grant of 118,853 Long Term Incentive Plan Awards 2. The grant of 44,335 Cash and Deferred Plan Awards that vest in two years. 3. The grant of 44,335 Cash and Deferred Plan Awards that vest in five years. 4. The grant of 117,948 Uplift Awards under BHP Group Limited's Long Term Incentive Plan and Cash and Deferred Plan. 5. The acquisition of 31,616 ordinary shares following the vesting of Uplift Awards under BHP Group Limited's Long Term Incentive Plan and Cash and Deferred Plan. 6. The on-market sale of 15,002 ordinary shares in BHP Group Limited in order to meet expected tax obligations arising from the transactions described in 5. | |||||||||||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
325,471 share rights - nil price 15,002 ordinary shares - A$43.32 (A$649,886.64) | |||||||||||||||||||||
e) | Date of the transaction | 2022-11-22
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f) | Place of the transaction | Australian Securities Exchange (ASX) | |||||||||||||||||||||
1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||||||
b) | Name | Geraldine Slattery | ||||||||||||
2 | Reason for the notification | |||||||||||||
c) | Position/status | PDMR (President Australia) | ||||||||||||
d) | Initial notification/Amendment | Initial notification | ||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
a) | Name | BHP Group Limited | ||||||||||||
b) | LEI | WZE1WSENV6JSZFK0JC28 | ||||||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. | |||||||||||||
g) | Description of the financial instrument, type of instrument Identification code | This notification is in respect of the grant of the following grants to the President Australia under the Group's incentive plans:(i) Long Term Incentive Plan Awards; (ii) Cash and Deferred Plan Awards that vest after two-years; and (ii) Cash and Deferred Plan Awards that vest after five-years.
Type of Instrument
Each grant under the Cash and Deferred Plan and Long Term Incentive Plan is a conditional right to one ordinary fully paid share in BHP Group Limited, subject to meeting the applicable service and/or performance conditions. Identification code ISIN: AU000000BHP4 | ||||||||||||
h) | Nature of the transaction | 1. The grant of 58,237 Long Term Incentive Plan Awards. 2. The grant of 23,784 Cash and Deferred Plan Awards that vest in two years. 3. The grant of 23,784 Cash and Deferred Plan Awards that vest in five years. | ||||||||||||
i) | Price(s) and volume(s) |
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j) | Aggregated information - Aggregated volume - Price |
105,805 share rights - nil price | ||||||||||||
k) | Date of the transaction | 2022-11-22 | ||||||||||||
l) | Place of the transaction | Australian Securities Exchange (ASX) | ||||||||||||
1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||||||
a) | Name | Edgar Basto-Baez | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | PDMR (Chief Operating Officer) | ||||||||||||
b) | Initial notification/Amendment | Initial notification | ||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
a) | Name | BHP Group Limited | ||||||||||||
b) | LEI | WZE1WSENV6JSZFK0JC28 | ||||||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. | |||||||||||||
a) | Description of the financial instrument, type of instrument Identification code | This notification is in respect of the grant of the following grants to the Chief Operating Officer under the Group's incentive plans: (i) Long Term Incentive Plan Awards; (ii) Cash and Deferred Plan Awards that vest after two-years; and (iii) Cash and Deferred Plan Awards that vest after five-years.
Type of Instrument Each grant under the Cash and Deferred Plan and Long Term Incentive Plan is a conditional right to one ordinary fully paid share in BHP Group Limited, subject to meeting the applicable service and/or performance conditions. Identification code ISIN: AU000000BHP4 | ||||||||||||
b) | Nature of the transaction | 1. The grant of 58,237 Long Term Incentive Plan Awards. 2. The grant of 21,936 Cash and Deferred Plan Awards that vest in two years. 3. The grant of 21,936 Cash and Deferred Plan Awards that vest in five years. | ||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | 102,109 share rights - nil price | ||||||||||||
e) | Date of the transaction | 2022-11-22 | ||||||||||||
f) | Place of the transaction | Australian Securities Exchange (ASX) | ||||||||||||
1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||||||
a) | Name | David Lamont | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | PDMR (Chief Financial Officer) | ||||||||||||
b) | Initial notification/Amendment | Initial notification | ||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
a) | Name | BHP Group Limited | ||||||||||||
b) | LEI | WZE1WSENV6JSZFK0JC28 | ||||||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. | |||||||||||||
a) | Description of the financial instrument, type of instrument Identification code | This notification is in respect of the grant of the following grants to the Chief Financial Officer under the Group's incentive plans:(i) Cash and Deferred Plan Awards that vest after two-years; (ii) Cash and Deferred Plan Awards that vest after five-years; and (iii) Long Term Incentive Plan Awards. Type of Instrument Each grant under the Cash and Deferred Plan and Long Term Incentive Plan is a conditional right to one ordinary fully paid share in BHP Group Limited, subject to meeting the applicable service and/or performance conditions. Identification code ISIN: AU000000BHP4 | ||||||||||||
b) | Nature of the transaction | 1. The grant of 58,237 Long Term Incentive Plan Awards. 2. The grant of 24,775 Cash and Deferred Plan Awards that vest in two years. 3. The grant of 24,775 Cash and Deferred Plan Awards that vest in five years. | ||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
107,787 share rights - nil price | ||||||||||||
e) | Date of the transaction | 2022-11-22 | ||||||||||||
f) | Place of the transaction | Australian Securities Exchange (ASX) | ||||||||||||
1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||||||
a) | Name | John Udd | ||||||||||||
2 | Reason for the notification | |||||||||||||
c) | Position/status | PDMR (President Americas) | ||||||||||||
d) | Initial notification/Amendment | Initial notification | ||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
a) | Name | BHP Group Limited | ||||||||||||
b) | LEI | WZE1WSENV6JSZFK0JC28 | ||||||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. | |||||||||||||
a) | Description of the financial instrument, type of instrument Identification code | This notification is in respect of the grant of the following grantsto the President Americas under the Group's incentive plans:(i) Cash and Deferred Plan Awards that vest after two-years; (ii) Cash and Deferred Plan Awards that vest after five-years; and (iii) Long Term Incentive Plan Awards. Type of InstrumentEach grant under the Cash and Deferred Plan and Long Term Incentive Plan is a conditional right to one ordinary fully paid share in BHP Group Limited, subject to meeting the applicable service and/or performance conditions. Identification codeISIN: AU000000BHP4 | ||||||||||||
b) | Nature of the transaction | 1. The grant of 55,266 Long Term Incentive Plan Awards. 2. The grant of 22,167 Cash and Deferred Plan Awards that vest in two years. 3. The grant of 22,167 Cash and Deferred Plan Awards that vest in five years. | ||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
99,600 share rights - nil price | ||||||||||||
e) | Date of the transaction | 2022-11-22 | ||||||||||||
f) | Place of the transaction | Australian Securities Exchange (ASX) | ||||||||||||