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BHP BILLITON PLC - Notice of Change of Interests - G Healy

Release Date: 26/05/2015 07:05
Code(s): BIL     PDF:  
Wrap Text
Notice of Change of Interests - G Healy

BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share code: BIL
ISIN: GB0000566504



Company Secretariat




26 May 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.

 Name of person                   Mr G Healy
 discharging managerial
 responsibilities

 Date of last notice              22 December 2014

 Date issuer informed of          25 May 2015
 transaction

 Date and place of                Adjustment of unvested BHP Billiton Awards:
 transaction
                                  24 May 2015 (not applicable).

 Nature of transaction            Adjustment of unvested BHP Billiton Awards:

                                 The adjustment of unvested BHP Billiton Awards on the
                                 terms set out in section 11.1 of the Shareholder Circular
                                 dated 16 March 2015 to compensate for the dilution in the
                                 value of BHP Billiton as a result of the demerger of South32
                                 from BHP Billiton (see Part 3).


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                 -

Nature of indirect interest (including      -
registered holder)
Date of change                              -
No. of securities held prior to             -
change
Class                                       -
Number acquired                             -
Number disposed                             -
Value/Consideration                         -
No. of securities held after change         -
Nature of change                            -
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 Healy’s spouse holds 3,000 ordinary shares
                                            in BHP Billiton Limited.

                                            No change to these interests

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                              24 May 2015

Period during which or date on             Consistent with the terms of the unvested BHP
which exercisable                          Billiton Awards that have been adjusted.

                                           LTIP Performance Shares
                                           - August 2018
                                           - August 2019
                                           STIP Deferred Shares
                                           - August 2016

Total amount paid (if any) for the         -
grant

Description of securities involved:        16,042 Performance Shares (BHP Billiton
class; number                              Limited) under the LTIP
                                           3,047 Deferred Shares (BHP Billiton Limited)
                                           under the STIP

Exercise price (if fixed at time of        Nil
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

                                           42,875 – maximum number of Deferred Shares
                                           (ordinary shares of BHP Billiton Limited) under
                                           the STIP
                                           ________

                                           268,604 – Total
Any additional information
                                           Adjustment of unvested BHP Billiton Awards:
                                           Total number of securities over which options or
                                           other rights held at the date of this notice as
                                           shown above includes the adjustments to
                                           unvested BHP Billiton Awards which were made
                                           on the terms set out in section 11.1 of the
                                           Shareholder Circular dated 16 March 2015 to
                                           compensate for the dilution in the value of BHP
                                           Billiton as a result of the demerger of South32
                                           from BHP Billiton. This included adjustments to
                                           the number of Shares in BHP Billiton which may
                                           be allocated on vesting of Performance Shares
                                           held under the LTIP, Deferred Shares held
                                           under the STIP, Deferred Shares held under the
                                           GIS, Transitional GMC Awards, Deferred Shares
                                           held under the GSTIP and Restricted Shares
                                           (BHP Billiton Limited) held under the MAP.

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

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