| Fri 28 Aug 2015, 7:05 | | BHP BILLITON PLC - Notification of Change of Interests (other than Directors) |
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BIL 201508280001A
Notification of Change of Interests (other than Directors)
BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share code: BIL
ISIN: GB0000566504
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 Peter Beaven
discharging managerial
responsibilities
Date of last notice 26 May 2015
Date issuer informed of 27 August 2015
transaction
Date and place of 27 August 2015 (Australian Securities Exchange)
transaction
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 210,135 (Direct)
change
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 Please see “nature of transaction” above.
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back
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 BHP Billiton Limited:
which options or other rights held at
the date of this notice 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 Rachel Agnew
responsible for making this
notification on behalf of the entities
Contact details Rachel Agnew Tel: +61 3 9609 3730
Fax: +61 3 9611 1044
Name of person Tim Cutt
discharging managerial
responsibilities
Date of last notice 26 May 2015
Date issuer informed of 27 August 2015
transaction
Date and place of 27 August 2015 (Australian Securities Exchange)
transaction
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 Tim Cutt holds an indirect interest in 940
registered holder) 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 55,621 (Direct)
change 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 Please see “nature of transaction” above.
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back
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 BHP Billiton Limited:
which options or other rights held at
the date of this notice 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 Rachel Agnew
responsible for making this
notification on behalf of the entities
Contact details Rachel Agnew Tel: +61 3 9609 3730
Fax: +61 3 9611 1044
Name of person Dean Dalla Valle
discharging managerial
responsibilities
Date of last notice 26 May 2015
Date issuer informed of 27 August 2015
transaction
Date and place of 27 August 2015 (Australian Securities Exchange)
transaction
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 83,438 (Direct)
change
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 Please see “nature of transaction” above.
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back
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 BHP Billiton Limited:
which options or other rights held at
the date of this notice 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 Rachel Agnew
responsible for making this
notification on behalf of the entities
Contact details Rachel Agnew Tel: +61 3 9609 3730
Fax: +61 3 9611 1044
Name of person Mike Henry
discharging managerial
responsibilities
Date of last notice 26 May 2015
Date issuer informed of 27 August 2015
transaction
Date and place of 27 August 2015 (London Stock Exchange and Australian
transaction 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 21,879 (BHP Billiton Limited) – Direct
change 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 Please see “nature of transaction” above.
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back
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 BHP Billiton Plc:
which options or other rights held at
the date of this notice 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 Rachel Agnew
responsible for making this
notification on behalf of the entities
Contact details Rachel Agnew Tel: +61 3 9609 3730
Fax: +61 3 9611 1044
Name of person Danny Malchuk
discharging managerial
responsibilities
Date of last notice 26 May 2015
Date issuer informed of 27 August 2015
transaction
Date and place of 27 August 2015 (Australian Securities Exchange)
transaction
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 66,307 (Direct)
change
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 Please see “nature of transaction” above.
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back
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 BHP Billiton Limited:
which options or other rights held at
the date of this notice 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 Rachel Agnew
responsible for making this
notification on behalf of the entities
Contact details Rachel Agnew Tel: +61 3 9609 3730
Fax: +61 3 9611 1044
Name of person Athalie Williams
discharging managerial
responsibilities
Date of last notice 26 May 2015
Date issuer informed of 27 August 2015
transaction
Date and place of 27 August 2015 (Australian Securities Exchange)
transaction
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 Athalie Williams has an indirect interest in
registered holder) 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 1,058 (Direct)
change 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 Please see “nature of transaction” above.
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back
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 BHP Billiton Limited:
which options or other rights held at
the date of this notice 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 Rachel Agnew
responsible for making this
notification on behalf of the entities
Contact details Rachel Agnew Tel: +61 3 9609 3730
Fax: +61 3 9611 1044
Name of person Jimmy Wilson
discharging managerial
responsibilities
Date of last notice 26 May 2015
Date issuer informed of 27 August 2015
transaction
Date and place of 27 August 2015 (Australian Securities Exchange)
transaction
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 116,091 (BHP Billiton Limited) – Direct
change 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 Please see “nature of transaction” above.
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend reinvestment
plan, participation in buy-back
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 BHP Billiton Limited:
which options or other rights held at
the date of this notice 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 Rachel Agnew
responsible for making this
notification on behalf of the entities
Contact details Rachel Agnew Tel: +61 3 9609 3730
Fax: +61 3 9611 1044
Sponsor: Merrill Lynch South Africa Proprietary Limited
BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209
Registered 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
Date: 28/08/2015 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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