Last checked at 28 Aug 2015 07:00
Company Secretariat |
28 August 2015
|
To: | Australian Securities Exchange | cc: | New York Stock Exchange |
London 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 document.
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 document.
This notification is in respect of:
· Peter Beaven;
· Tim Cutt;
· Dean Dalla Valle;
· Mike Henry;
· Danny Malchuk;
· Athalie Williams; and
· Jimmy Wilson.
Name of person discharging managerial responsibilities | Peter Beaven |
Date of last notice | 26 May 2015 |
Date issuer informed of transaction | 27 August 2015 |
Date and place of transaction | 27 August 2015 (Australian Securities Exchange) The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 27 August 2015. |
Nature of transaction | The acquisition of: · 36,871 ordinary shares in BHP Billiton Limited following the vesting of Restricted Shares under the 2012 Management Award Plan (MAP); · 2,609 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Incentive Scheme (GIS); · 13,007 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Short Term Incentive Plan (GSTIP); and · 168* ordinary shares in BHP Billiton Limited in accordance with the Group's policy on Dividend Equivalent Payments (DEPs).
In addition, an on-market sale of 26,151 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations.
* Certain awards granted under BHP Billiton equity plans include eligibility to receive a DEP as described in the BHP Billiton Remuneration Report. During 2013 the Remuneration Committee determined the DEP on certain awards would be provided in the form of ordinary shares.
|
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) | - |
Date of change | 27 August 2015 |
No. of securities held prior to change | 210,135 (Direct) |
Class | Ordinary shares in BHP Billiton Limited |
Number acquired | 52,655 |
Number disposed | 26,151 |
Value/Consideration | Vesting of 52,487 at nil cost 168 DEP in shares - nil cost Sale of 26,151 at $24.13 per share (average) |
No. of securities held after change | 236,639 (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 | Please see "nature of transaction" above. |
Any additional information | Peter Beaven's spouse also holds 1,446 ordinary shares in BHP Billiton Limited. |
Part 2 - Change of interests in contracts other than as described in Part 2
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 | - |
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Limited:
225,729- maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
39,837 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the STIP
39,282 - maximum number of Transitional GMC Awards (ordinary shares of BHP Billiton Limited) ________
304,848 - Total |
Any additional information
| This notification is in respect of the vesting of Deferred Shares under GIS and GSTIP and Restricted Shares under MAP (see part 1). |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
Name of person discharging managerial responsibilities |
Tim Cutt |
Date of last notice | 26 May 2015 |
Date issuer informed of transaction | 27 August 2015 |
Date and place of transaction | 27 August 2015 (Australian Securities Exchange) The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 27 August 2015. |
Nature of transaction | The acquisition of: · 29,066 ordinary shares in BHP Billiton Limited following the vesting of Restricted Shares under the 2012 Management Award Plan (MAP); and · 11,451 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Short Term Incentive Plan (GSTIP).
In addition, an on-market sale of 17,571 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations. |
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) | Tim Cutt holds an indirect interest in 940 ordinary shares in BHP Billiton Limited (held as 470 BHP Billiton Limited ADRs) held by Merrill Lynch, and they are held on behalf of Tim Cutt as beneficial owner. |
Date of change | 27 August 2015 |
No. of securities held prior to change | 55,621 (Direct) 940 (Indirect) |
Class | Ordinary shares in BHP Billiton Limited |
Number acquired | 40,517 |
Number disposed | 17,571 |
Value/Consideration | Vesting of 40,517 at nil cost Sale of 17,571 at $24.13 per share (average) |
No. of securities held after change | 78,567 (Direct) 940 (Indirect) |
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Please see "nature of transaction" above. |
Any additional information | - |
Part 2 - Change of interests in contracts other than as described in Part 2
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 | - |
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Limited:
225,729 - maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
40,662 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the STIP
39,282 - maximum number of Transitional GMC Awards (ordinary shares of BHP Billiton Limited) ________
305,673 - Total |
Any additional information
| This notification is in respect of the vesting of Deferred Shares under GSTIP and Restricted Shares under MAP (see part 1). |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
|
Name of person discharging managerial responsibilities | Dean Dalla Valle |
Date of last notice | 26 May 2015 |
Date issuer informed of transaction | 27 August 2015 |
Date and place of transaction | 27 August 2015 (Australian Securities Exchange) The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 27 August 2015. |
Nature of transaction | The acquisition of: · 29,066 ordinary shares in BHP Billiton Limited following the vesting of Restricted Shares under the 2012 Management Award Plan (MAP); · 2,040 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Incentive Scheme (GIS); · 10,775 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Short Term Incentive Plan (GSTIP); and · 131* ordinary shares in BHP Billiton Limited in accordance with the Group's policy on Dividend Equivalent Payments (DEPs).
In addition, an on-market sale of 20,868 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations.
* Certain awards granted under BHP Billiton equity plans include eligibility to receive a DEP as described in the BHP Billiton Remuneration Report. During 2013 the Remuneration Committee determined the DEP on certain awards would be provided in the form of ordinary shares.
|
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) | - |
Date of change | 27 August 2015 |
No. of securities held prior to change | 83,438 (Direct) |
Class | Ordinary shares in BHP Billiton Limited |
Number acquired | 42,012 |
Number disposed | 20,868 |
Value/Consideration | Vesting of 41,881 at nil cost 131 DEP in shares - nil cost Sale of 20,868 at $24.13 per share (average) |
No. of securities held after change | 104,582 (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 | Please see "nature of transaction" above. |
Any additional information | Dean Dalla Valle's spouse also holds 43,582 ordinary shares in BHP Billiton Limited. |
Part 2 - Change of interests in contracts other than as described in Part 2
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 | -
|
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Limited:
225,729- maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
43,888- maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the STIP
39,282 - maximum number of Transitional GMC Awards (ordinary shares of BHP Billiton Limited) ________
308,899 - Total |
Any additional information
| This notification is in respect of the vesting of Deferred Shares under GIS and GSTIP and Restricted Shares under MAP (see part 1). |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
Name of person discharging managerial responsibilities | Mike Henry |
Date of last notice | 26 May 2015 |
Date issuer informed of transaction | 27 August 2015 |
Date and place of transaction | 27 August 2015 (London Stock Exchange and Australian Securities Exchange) The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 27 August 2015. |
Nature of transaction | The acquisition of: · 27,552 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Incentive Scheme (GIS); · 17,872* ordinary shares in BHP Billiton Plc following the vesting of tranche one of the 2012 Transitional GMC Awards; and · 1,775** ordinary shares in BHP Billiton Limited in accordance with the Group's policy on Dividend Equivalent Payments (DEPs).
In addition, an on-market sale of 13,167 ordinary shares on the Australian Securities Exchange made in order to meet expected tax obligations. * Transitional GMC awards are granted to new GMC members recruited from within BHP Billiton to bridge the gap created by the different timeframes of BHP Billiton's long-term incentive programme for GMC members (LTIP) and for senior management (MAP). Tranche one of Mr Henry's Transitional GMC awards granted in 2012 had a three-year service and performance condition. The Remuneration Committee has determined that 83 per cent of tranche one of the Transitional GMC awards will vest (17,872 awards), and the remaining 17 per cent (3,661 awards) will lapse. Details of the Committee's assessment against the performance condition will be included in the Remuneration Report in the 2015 Annual Report. ** Certain awards granted under BHP Billiton equity plans include eligibility to receive a DEP as described in the BHP Billiton Remuneration Report. During 2013 the Remuneration Committee determined the DEP on certain awards would be provided in the form of ordinary shares.
|
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) | - |
Date of change | 27 August 2015 |
No. of securities held prior to change | 21,879 (BHP Billiton Limited) - Direct 162,671 (BHP Billiton Plc) - Direct |
Class | Ordinary shares in BHP Billiton Limited and BHP Billiton Plc |
Number acquired | 29,327 (BHP Billiton Limited) - Direct 17,872 (BHP Billiton Plc) - Direct |
Number disposed | 13,167 (BHP Billiton Limited) |
Value/Consideration | Vesting of 45,424 at nil cost 1,775 DEP in shares - nil cost Sale of 13,167 at $24.13 per share (average) |
No. of securities held after change | 38,039 (BHP Billiton Limited) - Direct 180,543 (BHP Billiton Plc) - 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 | Please see "nature of transaction" above. |
Any additional information | - |
Part 2 - Change of interests in contracts other than as described in Part 2
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 | - |
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Plc:
130,922 - maximum number of Performance Shares (ordinary shares of BHP Billiton Plc) under the LTIP
21,533 - maximum number of Transitional GMC Awards (ordinary shares of BHP Billiton Plc) ________
152,455 - Total
BHP Billiton Limited:
248,303 - maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
47,575- maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the STIP
27,552- maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the GIS ________
323,430 - Total |
Any additional information
| This notification is in respect of the vesting of Deferred Shares under GIS and Transitional GMC Awards (see part 1). |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
Name of person discharging managerial responsibilities | Danny Malchuk |
Date of last notice | 26 May 2015 |
Date issuer informed of transaction | 27 August 2015 |
Date and place of transaction | 27 August 2015 (Australian Securities Exchange) The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 27 August 2015. |
Nature of transaction | The acquisition of: · 23,576 ordinary shares in BHP Billiton Limited following the vesting of Restricted Shares under the 2012 Management Award Plan (MAP); · 1,721 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Incentive Scheme (GIS); · 9,234 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Short Term Incentive Plan (GSTIP); and · 134* ordinary shares in BHP Billiton Limited in accordance with the Group's policy on Dividend Equivalent Payments (DEPs).
In addition, an on-market sale of 14,045 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations.
* Certain awards granted under BHP Billiton equity plans include eligibility to receive a DEP as described in the BHP Billiton Remuneration Report. During 2013 the Remuneration Committee determined the DEP on certain awards would be provided in the form of ordinary shares.
|
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) | - |
Date of change | 27 August 2015 |
No. of securities held prior to change | 66,307 (Direct) |
Class | Ordinary shares in BHP Billiton Limited |
Number acquired | 34,665 |
Number disposed | 14,045 |
Value/Consideration | Vesting of 34,531 at nil cost 134 DEP in shares - nil cost Sale of 14,045 at $24.13 per share (average) |
No. of securities held after change | 86,927 (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 | Please see "nature of transaction" above. |
Any additional information | - |
Part 2 - Change of interests in contracts other than as described in Part 2
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 | - |
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Limited:
209,231 - maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
37,393 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the STIP
33,390 - maximum number of Transitional GMC Awards (ordinary shares of BHP Billiton Limited) ________
280,014 - Total |
Any additional information
| This notification is in respect of the vesting of Deferred Shares under GIS and GSTIP and Restricted Shares under MAP (see part 1). |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
Name of person discharging managerial responsibilities | Athalie Williams |
Date of last notice | 26 May 2015 |
Date issuer informed of transaction | 27 August 2015 |
Date and place of transaction | 27 August 2015 (Australian Securities Exchange) The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 27 August 2015. |
Nature of transaction | The acquisition of: · 7,859 ordinary shares in BHP Billiton Limited following the vesting of Restricted Shares under the 2012 Management Award Plan (MAP); and · 4,904 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Short Term Incentive Plan (GSTIP).
In addition, an on-market sale of 6,358 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations. |
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) | Athalie Williams has an indirect interest in 13,994 ordinary shares in BHP Billiton Limited held by D&W (Vic.) Pty Ltd as trustee of a trust of which Athalie Williams is a beneficiary. |
Date of change | 27 August 2015 |
No. of securities held prior to change | 1,058 (Direct) 13,994 (Indirect) |
Class | Ordinary shares in BHP Billiton Limited |
Number acquired | 12,763 |
Number disposed | 6,358 |
Value/Consideration | Vesting of 12,763 at nil cost Sale of 6,358 at $24.13 per share (average) |
No. of securities held after change | 7,463 (Direct) 13,994 (Indirect)
|
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Please see "nature of transaction" above. |
Any additional information | - |
Part 2 - Change of interests in contracts other than as described in Part 2
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 | - |
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Limited:
7,204 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the GSTIP
15,906 - maximum number of Restricted Shares (ordinary shares of BHP Billiton Limited) under the MAP ________
23,110 - Total
|
Any additional information
| This notification is in respect of the vesting of Deferred Shares GSTIP and Restricted Shares under MAP (see part 1). |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
Name of person discharging managerial responsibilities | Jimmy Wilson |
Date of last notice | 26 May 2015 |
Date issuer informed of transaction | 27 August 2015 |
Date and place of transaction | 27 August 2015 (Australian Securities Exchange) The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 27 August 2015. |
Nature of transaction | The acquisition of: · 36,871 ordinary shares in BHP Billiton Limited following the vesting of Restricted Shares under the 2012 Management Award Plan (MAP); · 2,541 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Incentive Scheme (GIS); · 13,420 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2013 Group Short Term Incentive Plan (GSTIP); · 163* ordinary shares in BHP Billiton Limited in accordance with the Group's policy on Dividend Equivalent Payments (DEPs).
In addition, an on-market sale of 26,323 ordinary shares on the Australian Securities Exchange, made in order to meet expected tax obligations.
* Certain awards granted under BHP Billiton equity plans include eligibility to receive a DEP as described in the BHP Billiton Remuneration Report. During 2013 the Remuneration Committee determined the DEP on certain awards would be provided in the form of ordinary shares.
|
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) | - |
Date of change | 27 August 2015 |
No. of securities held prior to change | 116,091 (BHP Billiton Limited) - Direct 59,301 (BHP Billiton Plc) - Direct |
Class | Ordinary shares in BHP Billiton Limited |
Number acquired | 52,995 |
Number disposed | 26,323 |
Value/Consideration | Vesting of 52,832 at nil cost 163 DEP in shares - nil cost Sale of 26,323 at $24.13 per share (average) |
No. of securities held after change | 142,763 (BHP Billiton Limited) - Direct 59,301 (BHP Billiton Plc) - 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 | Please see "nature of transaction" above. |
Any additional information | - |
Part 2 - Change of interests in contracts other than as described in Part 2
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
| - |
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Limited:
225,729 - maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
44,601 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the STIP
39,282 - maximum number of Transitional GMC Awards (ordinary shares of BHP Billiton Limited) ________
309,612 - Total |
Any additional information
| This notification is in respect of the vesting of Deferred Shares under GIS and GSTIP and Restricted Shares under MAP (see part 1). |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209Registered in Australia Registered in England and Wales
Registered Office: 171 Collins Street Melbourne Victoria 3000 Registered Office: Neathouse Place, London SW1V 1LH UK
Members of the BHP Billiton Group which is headquartered in Australia