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BHP BILLITON PLC - Notice of Change of Interest - D Dalla Valle

Release Date: 23/08/2013 07:16
Code(s): BIL     PDF:  
Wrap Text
Notice of Change of Interest - D Dalla Valle

BHP Billiton
Company Secretariat
BHP Billiton Limited                         BHP Billiton Plc
180 Lonsdale Street                          Neathouse Place
Melbourne Victoria 3000 Australia            London SW1V 1BH UK
GPO BOX 86
Melbourne Victoria 3001 Australia            Tel +44 20 7802 4000
                                                                                                 Tel +61 1300 55 47 57 Fax +61 3 9609 4372    Fax + 44 20 7802 4111
                                                                                                 bhpbilliton.com                              bhpbilliton.com
 23 August 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 D Dalla Valle
   responsibilities
   Date of last notice                               n/a

   Date issuer informed of                           22 August 2013
   transaction
   Date and place of                                 22 August 2013 (Australian Securities Exchange)
   transaction
   Nature of transaction                             The acquisition of 19,500 ordinary shares in BHP Billiton
                                                     Limited following the exercise of Restricted Shares under
                                                     the 2010 Management Award Plan (MAP) and 13,561
                                                     ordinary shares in BHP Billiton Limited following the
                                                     exercise of Conditional Deferred Shares under the 2011
                                                     Group Short Term Incentive Plan (GSTIP). In addition, an
                                                     on-market sale of 15,668 ordinary shares on the Australian
                                                     Securities Exchange, made in order to meet expected tax
                                                     obligations.

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

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
                                         Mr Dalla Valle also has an indirect interest in 262 ordinary
(including registered holder)
                                         shares in BHP Billiton Limited 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.
                                         No change to the indirect interest

Date of change                           22 August 2013

No. of securities held prior to          65,819 (Direct)
change                                   262 (Indirect)

Class                                    Ordinary Shares in BHP Billiton Limited

Number acquired                          33,061

Number disposed                          15,668

Value/Consideration                      Exercise of 33,061 at nil cost
                                         Sale of 15,668 at $35.15 per share (average)

No. of securities held after             83,212 (Direct)
change                                   262 (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               Mr 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 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 over which         BHP Billiton Limited:
options or other rights held at the date of
this notice                                    12,407 – maximum number of Conditional
                                                          Deferred Shares (over ordinary
                                                          shares of BHP Billiton Limited)
                                                          under the GSTIP

                                                   52,000 – maximum number of Conditional
                                                            Shares (over ordinary shares of
                                                            BHP Billiton Limited) under the
                                                            MAP

                                                       262 – maximum number of Matched
                                                             Shares (ordinary shares of BHP
                                                             Billiton Limited) under Shareplus
                                                  ________
                                                    64,669 – Total

Any additional information                        This notification is in respect of an exercise of
                                                  vested 2010 Restricted Shares (19,500) under
                                                  the BHP Billiton Limited MAP and vested 2011
                                                  Conditional Deferred Shares (13,561) under
                                                  the BHP Billiton Limited GSTIP.


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


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




                                              

Date: 23/08/2013 07:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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