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BHP BILLITON PLC - Notice of Change of Interests - J M Yeager

Release Date: 10/05/2013 07:05
Code(s): BIL     PDF:  
Wrap Text
Notice of Change of Interests - J M Yeager

BHP Billiton PLC
Company Secretariat




10 May 2013

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.

 Name of person
 discharging managerial        Mr J M Yeager
 responsibilities

 Date of last notice           6 December 2012

 Date issuer informed of       9 May 2013
 transaction

 Date and place of             Shareplus employee share plan trust purchased the shares
 transaction                   on the New York Stock Exchange on 12 March 2013. The
                               shares were allocated and the issuer informed on 9 May
                               2013.

 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 (2010) the:
                               • acquisition of 108 Matched Shares ordinary fully paid
                                  shares of BHP Billiton Limited (held as 54 BHP Billiton
                                  Limited ADRs) (see Part 3), and
                               • transfer of 108 Acquired Shares ordinary fully paid shares
                                  of BHP Billiton Limited (held as 54 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 184* ordinary shares
(including registered holder)
                                          in BHP Billiton Limited (held as 92 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.
                                         * Note – total above reflects shares transferred in this
                                         transaction (Acquired Shares) previously held by the
                                         Shareplus nominee Computershare Nominees under
                                         Shareplus 2010.
                                         Mr Yeager also holds an indirect interest in 1,116** ordinary
                                         shares in BHP Billiton (held as 558 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 (Acquired & Matched Shares)

Date of change                           9 May 2013

No. of securities held prior to          1,192 (Indirect - held as 596 BHP Billiton Limited ADRs)
change                                   564,697 (Direct - Ordinary shares in BHP Billiton Limited)

Class                                    BHP Billiton Limited ADRs

Number acquired                          108 BHP Billiton Limited (54 BHP Billiton Limited ADRs)
                                         (Matched Shares, Shareplus 2010)

Number disposed                          —

Value/Consideration                      Nil - Matched Shares, Shareplus 2010

No. of securities held after             1,300 (Indirect- held as 650 BHP Billiton Limited ADRs)
change                                   564,697 (Direct - Ordinary shares in BHP Billiton Limited)

Nature of change                         Under Shareplus 2010, the allocation and transfer of 108
Example: on-market trade, off-market     Matched Shares (54 BHP Billiton Limited ADRs) and
trade, exercise of options, issue of
securities under dividend reinvestment   transfer of 108 Acquired Shares (54 BHP Billiton Limited
plan, participation in buy-back          ADRs) from Computershare Nominees.

Any additional information            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 which                         696,529 – maximum number of Performance
options or other rights held at the date of                             Shares (ordinary shares of BHP
this notice                                                             Billiton Limited) under the LTIP

                                                               37,779 – maximum number Deferred
                                                                        Shares (ordinary shares of BHP
                                                                        Billiton Limited) under the GIS

                                                                  184 – maximum number of Matched
                                                                        Shares (ordinary shares of BHP
                                                                        Billiton Limited, held as 92 Limited
                                                                        ADRs) under Shareplus
                                                            _________
                                                              734,492 – Total


Any additional information                                             This notification is in respect of the vested
                                                                       Matched Shares under Shareplus where 108
                                                                       (54 Limited ADRs) Matched Shares under the
                                                                       2010 scheme were purchased and transferred
                                                                       (see Part 1).


Part 4 – Contact details

Name of authorised officers responsible                                          Nicola Kleynhans – BHP Billiton Limited
for making this notification on behalf of
the entities                                                                     Geof Stapledon – BHP Billiton Plc

Contact details                                                                  Nicola Kleynhans Tel:        +61 3 9609 4326
                                                                                                  Fax:        +61 3 9609 4372

                                                                                 Geof Stapledon Tel:          +44 20 7802 4176
                                                                                                Fax:          +44 20 7802 3054

BHP Billiton Limited ABN 49 004 028 077                                                 BHP Billiton Plc Registration number 3196209
Registered in Australia                                                                 Registered in England and Wales
Registered Office:180 Lonsdale Street, Melbourne Victoria 3000 Australia                Registered Office: Neathouse Place, London SW1V 1BH UK

                                             Members of the BHP Billiton Group which is headquartered in Australia


Sponsor: Absa Capital (the investment banking division of Absa Bank Limited, affiliated with Barclays)

Date: 10/05/2013 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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