Last checked at 18 Feb 2022 13:40
|
18 February 2022 |
To: | JSE Limited (JSE) |
| London Stock Exchange Australian Securities Exchange New York Stock Exchange |
Notice of Dividend Currency Exchange Rate (South African Rand)
2022 Interim Dividend
Name of entity | BHP Group Limited | ABN 49 004 028 077 |
On 15 February 2022, the Board of BHP determined to pay an interim dividend of 150 US cents per share for the half year ended 31 December 2021.
The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the BHP Group Limited South African branch register is based on the average rate over a two day period commencing on 17 February 2022 and ending on 18 February 2022 and is set out below:
Dividend 150 US cents per share | Exchange rate | Dividend per ordinary share in local currency |
South African cents
|
14.97255 |
2,245.88250 |
The exchange rates applicable to the BHP dividend being paid in other currencies will be based on the foreign currency exchange rates on a single day or an average for a period of days ending on or before the dividend Record Date, being 25 February 2022. The applicable foreign currency exchange rates will be announced to the market on the Dividend Reinvestment Election Date, being 28 February 2022.
BHP Group Limited shareholders registered on the South African branch register will not be able to dematerialise or rematerialise their shareholdings between the dates of 23 February 2022 and 25 February 2022, both dates inclusive, nor will transfers between the Australian register and the South African branch register be permitted between the dates of 18 February 2022 and 25 February 2022, both dates inclusive.
The dividend will be paid on 28 March 2022.
Authorised for lodgement by:
Stefanie Wilkinson
Group Company Secretary
BHP Group Limited ABN 49 004 028 077
LEI WZE1WSENV6JSZFK0JC28Registered in AustraliaRegistered Office: Level 18, 171 Collins Street Melbourne Victoria 3000Tel +61 1300 55 4757 Fax +61 3 9609 3015
NOTE: Additional information required by the JSE Listing Requirements
1. The dividend should be regarded as a 'foreign dividend' for the purposes of South African income tax and South African dividends tax (Dividend Tax).
2. Dividend Tax will be withheld from the amount of the gross interim dividend paid to shareholders on the South African branch register at the rate of 20 per cent, unless a shareholder qualifies for an exemption.
3. After the Dividend Tax has been withheld, the net dividend will be 1,796.70600 South African cents per ordinary share.
4. BHP Group Limited had a total of 5,062,323,190 ordinary shares in issue at the dividend determination date of 15 February 2022.
5. The dividend will be paid out of retained earnings.
6. For the avoidance of doubt, Dividend Tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the BHP Group Limited South African branch register.
Shareholders holding dematerialised shares in Computershare Nominees should direct all queries in relation to the interim dividend including queries relating to dividend tax to:
BHP Group Limited Branch Registrar and Transfer Secretary
Computershare Investor Services (Pty) Limited
Rosebank Towers
15 Biermann Avenue
Rosebank
2196
South Africa
Private Bag X9000
Saxonwold
2132 South Africa
Telephone +27 11 373 0033
Facsimile +27 11 688 5217
Email enquiries: web.queries@computershare.co.za
Shareholders holding dematerialised shares through STRATE should contact their Central Securities Depository Participant (CSDP) or stockbroker in case of all queries in relation to the interim dividend including queries relating to Dividend Tax.