To view the PDF file, sign up for a MySharenet subscription.

BIL - BHP Billiton Plc - Notification of Change of Interests of Persons

Release Date: 30/08/2011 07:28
Code(s): BIL
Wrap Text

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 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Share This Story