Last checked at 28 Feb 2020 15:14
Group Governance |
28 February 2020 |
To: | JSE Limited |
| London Stock Exchange |
Notice of Dividend Currency Exchange Rate (South African Rand)
2020 Interim Dividend
Name of entity | BHP Group Plc | REG NO 3196209 |
On 18 February 2020, the Board of BHP determined to pay an interim dividend of 65 US cents per share for the half year ended 31 December 2019.
The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the BHP Group Plc branch register is based on the exchange rate on 28 February 2020 and is set out below:
Dividend 65 US cents per share | Exchange rate | Dividend per ordinary share in local currency |
South African cents
|
15.61710 |
1015.11150 |
The exchange rates applicable to the BHP dividend being paid in other currencies will be based on the foreign currency exchange rates on the Dividend Reinvestment Plan Election Date, being 9 March 2020, and will be announced to the market.
BHP Group Plc shareholders registered on the South African section of the register will not be able to dematerialise or rematerialise their shareholdings between the dates of 4 March 2020 and 6 March 2020, both dates inclusive, nor will transfers between the UK register and the South African register be permitted between the dates of 28 February 2020 and 6 March 2020, both dates inclusive.
The dividend will be paid on 24 March 2020.
Authorised for lodgement by:
Geof Stapledon
Company Secretary
+44 20 7802 4000
Sponsor: UBS South Africa (Pty) Limited
BHP Group Plc Registration number 3196209LEI 549300C116EOWV835768
Registered in England and WalesRegistered Office: Nova South, 160 Victoria Street, London SW1E 5LB United Kingdom
A member of the BHP Group which is headquartered in Australia
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.
2. Dividend Tax will be withheld from the amount of the gross final dividend of 203.02230 South African cents per ordinary share 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 812.08920 South African cents per ordinary share.
4. BHP Group Plc had a total of 2,112,071,796 ordinary shares in issue at the dividend determination date of 18 February 2020.
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 South African branch register.
Shareholders on the South African branch register should direct any questions regarding the application of the Dividend Tax to:
BHP Group Plc Branch Registrar and Transfer Secretary
Computershare Investor Services (Pty) Limited
Rosebank Towers
15 Biermann Avenue
Rosebank
2196
South Africa
PO Box 61051
Marshalltown 2107
Telephone +27 11 373 0033
Facsimile +27 11 688 5217
Email enquiries: web.queries@computershare.co.za
Holders of shares dematerialised into STRATE should contact their CSDP or stockbroker.