| Fri 1 Apr 2011, 7:33 | | BIL - BHP Billiton Plc - Notification of Change of Interests of Persons |
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BIL
BIBLT
BIL - BHP Billiton Plc - Notification of Change of Interests of Persons
Discharging Managerial Responsibility
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
1 April 2011
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.
Name of person discharging managerial Mr J M Yeager
responsibilities
Date of last notice 8 December 2010
Date issuer informed of transaction 1 April 2011
Date and place of transaction Shareplus employee share plan trust
purchased the shares on the New York
Stock Exchange on 11 March 2011. The
shares were allocated and the issuer
informed on 1 April 2011.
Nature of transaction Due to the expiry of the Qualification
Period and satisfaction of other
conditions under the terms of the all
employee share plan Shareplus (2008)
the:
acquisition of 210 Matched Shares
ordinary fully paid shares of BHP
Billiton Limited (held as 105 BHP
Billiton Limited ADRs) (see Part 3),
and
transfer of 210 Acquired Shares
ordinary fully paid shares of BHP
Billiton Limited (held as 105 BHP
Billiton Limited ADRs).
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 Indirect
Nature of indirect interest Mr Yeager has an indirect interest in
(including registered holder) 220* ordinary shares in BHP Billiton
Limited (held as 110* BHP Billiton
Limited ADRs) held by Computershare
Nominees on behalf of Shareplus
participants as Acquired Shares under the
scheme. Shareplus is an all employee
share purchase plan of the BHP Billiton
Group.
Mr Yeager also holds an indirect interest
in 688* ordinary shares in BHP Billiton
(held as 344 BHP Billiton Limited ADRs)
held by Cede & Company, and they are held
on behalf of Mr Yeager as beneficial
owner.
*Note - total above includes shares
allocated and transferred in this
transaction (Matched Shares)
Date of change 1 April 2011
No. of securities held prior to 698 ordinary shares in BHP Billiton
change Limited (held as 349 BHP Billiton Limited
ADRs)
Class BHP Billiton Limited ADRs
Number acquired 210 BHP Billiton Limited (105 BHP
Billiton Limited ADRs)
Number disposed -
Value/Consideration Nil priced Matched Shares (BHP Billiton
Limited)
No. of securities held after change 908 ordinary shares in BHP Billiton
Limited (held as 454 BHP Billiton Limited
ADRs)
Nature of change Allocation and transfer of Matching
Example: on-market trade, off- Shares and transfer of Acquired Shares
market trade, exercise of options, from Computershare Nominees.
issue of securities under dividend
reinvestment plan, participation in
buy-back
Any additional information Mr Yeager has a direct interest in 263,636
ordinary shares in BHP Billiton Limited.
There is no change to the above direct
holding.
Shareplus is an all-employee share
purchase plan. Under the plan, employees
contribute monies to purchase shares
(Acquired Shares), up to an annual
contribution limit of US$5,000 in any Plan
year. Shares are purchased on a quarterly
basis using the employees` contributions
made each pay period over the preceding 3
months. Any Acquired Shares still held by
employees at the end of a 3 year
qualification period will be matched by
the company on a 1:1 basis.
Part 2 - Change of interests in contracts other than as described in Part 3
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 862,702 - maximum number of
which options or other rights held Performance Shares (ordinary shares of
at the date of this notice BHP Billiton Limited) under the LTIP
61,319 - maximum number Deferred
Shares (ordinary shares of BHP
Billiton Limited) under the GIS
220 - maximum number of
Matched Shares (ordinary shares of BHP
Billiton Limited, held as 110 Limited
ADRs) under Shareplus
_________
924,241 - Total
Any additional information This notification is in respect of the
vested Matched Shares under Shareplus
where 210 (105 ADRs) Matched Shares
under the 2008 scheme were purchased
and transferred (see Part 1).
Part 4 - Contact details
Name of authorised officers Libby Joyner - BHP Billiton Limited
responsible for making this
notification on behalf of the entities Geof Stapledon - BHP Billiton Plc -
BHP Billiton Plc
Contact details Libby Joyner
Tel: +61 3 9609 2339
Fax: +61 3 9609 4372
Geof Stapledon
Tel: +44 20 7802 4176
Fax: +44 20 7802 3054
Date: 01/04/2011 07:33:02 Produced by the JSE SENS Department.
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