| Tue 30 Aug 2011, 7:28 | | 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
Notification of Change of Interests of Persons Discharging Managerial
Responsibility
(Listing Rules & Disclosure and Transparency Rules of the UK Listing Authority)
Name of BHP Billiton BHP Billiton Plc
entities Limited
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 Mr A Calderon
managerial responsibilities
Date of last notice 1 April 2011
Date issuer informed of 29 August 2011
transaction
Date and place of transaction 25 August 2011 (London Stock Exchange).
Nature of transaction The acquisition of 80,000 ordinary shares in
BHP Billiton Plc following the exercise of
Performance Shares under the 2006 Long Term
Incentive Plan and 33,343 ordinary shares in
BHP Billiton Plc following the exercise of
Deferred Shares under the 2009 Group
Incentive Scheme. In addition, an on-market
sale of 52,800 ordinary shares on the London
Stock Exchange, made in order to meet
expected tax obligations, also an on-market
purchase of 25,053 ordinary shares on the
London Stock Exchange.
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 Direct
interest
Nature of indirect Mr Calderon has an indirect interest in 342
interest ordinary shares in BHP Billiton Plc held by
(including registered Computershare Nominees on behalf of Shareplus
holder) participants as Acquired Shares under the
scheme. Shareplus is an all employee share
purchase plan of the BHP Billiton Group.
No change to indirect holding.
Date of change 25 August 2011
No. of securities held 89,673 (Direct) (1)
prior to change 342 (Indirect)
Class Ordinary Shares in BHP Billiton Plc
Number acquired 113,343 (from exercise of awards) and 25,053
(on-market)
Number disposed 52,800
Value/Consideration Exercise at nil cost
Sale of 52,800 at GBP19.40
Purchase of 25,053 at GBP19.40
No. of securities held 175,269 (Direct)
after change 342 (Indirect)
Nature of change The acquisition of 80,000 ordinary shares in
Example: on-market trade, BHP Billiton Plc following the exercise of
off-market trade, exercise Performance Shares under the 2006 Long Term
of options, issue of Incentive Plan and 33,343 ordinary shares in
securities under dividend BHP Billiton Plc following the exercise of
reinvestment plan, Deferred Shares under the 2009 Group Incentive
participation in buy-back Scheme. In addition, an on-market sale of
52,800 ordinary shares on the London Stock
Exchange, made in order to meet expected tax
obligations, also an on-market purchase of
25,053 ordinary shares on the London Stock
Exchange.
Any additional information Shareplus - correction of administrative
oversight (see below)
In April 2011 it was reported that 376 BHP Billiton Plc shares were
transferred to Mr Calderon`s direct shareholding under the Group`s all
employee share plan SharePlus. Due to an administrative oversight 23 of
these shares which were held indirectly by Computershare Nominees were sold
to satisfy a tax obligation but were incorrectly reported in the disclosure
notice as having been transferred to Mr Calderon. The 23 BHP Billiton Plc
shares were sold without Mr Calderon`s knowledge on 4 April 2011 at
GBP25.30 per share and the remaining shares were transferred to Mr
Calderon`s direct shareholding.
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
Part 3 - Change of interests in options or other rights granted by the entities
(cont`d)
Total number of securities 676,993 - maximum number of
over which options or other Performance Shares (ordinary shares of
rights held at the date of BHP Billiton Plc) under the LTIP
this notice
30,495 - maximum number of Deferred
Shares (ordinary shares of BHP Billiton
Plc) under the GIS
342 - maximum number of matched
shares (ordinary shares of BHP Billiton
Plc) under Shareplus
_________
707,830 - Total
Any additional information This notification is in respect of an
exercise of vested 2006 Performance
Shares (80,000) under the BHP Billiton
Plc Long Term Incentive Plan and the
exercise of vested 2009 Deferred Shares
(33,343) under the BHP Billiton Plc
Group Incentive Scheme.
Part 4 - Contact details
Name of authorised officers Libby Joyner - BHP Billiton Limited
responsible for making this
notification on behalf of the Geof Stapledon - BHP Billiton Plc - BHP
entities 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
Sponsor: Absa Capital (the investment banking division of Absa Bank Limited,
affiliated with Barclays Capital)
Date: 30/08/2011 07:28:10 Produced by the JSE SENS Department.
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