Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

August 25, 2014

 

 

 

BHP BILLITON LIMITED    BHP BILLITON PLC
(ABN 49 004 028 077)    (REG. NO. 3196209)
(Exact name of Registrant as specified in its charter)    (Exact name of Registrant as specified in its charter)
VICTORIA, AUSTRALIA    ENGLAND AND WALES
(Jurisdiction of incorporation or organisation)    (Jurisdiction of incorporation or organisation)
171 COLLINS STREET, MELBOURNE,    NEATHOUSE PLACE, VICTORIA, LONDON,
VICTORIA 3000 AUSTRALIA    UNITED KINGDOM
(Address of principal executive offices)    (Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:     x  Form 20-F    ¨  Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:    ¨  Yes    x  No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a

 

 

 

LOGO                             

Company Secretariat      
   BHP Billiton Limited    BHP Billiton Plc
   171 Collins Street    Neathouse Place
   Melbourne Victoria 3000 Australia    London SW1V 1LH UK
   GPO BOX 86    Tel +44 20 7802 4000
   Melbourne Victoria 3001 Australia    Fax + 44 20 7802 4111
   Tel +61 1300 55 47 57 Fax +61 3 9609 3015        bhpbilliton.com
   bhpbilliton.com   

25 August 2014

 

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 responsibilities    Mr J Wilson
Date of last notice    20 December 2013
Date issuer informed of transaction    22 August 2014
Date and place of transaction   

21 August 2014 (Australian Securities Exchange)

 

The employee share plan trust purchased the shares. The shares were allocated, and the issuer was informed on 22 August 2014.

 

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 United Kingdom

The BHP Billiton Group is headquartered in Australia

Nature of transaction   The acquisition of:
  •      57,500 ordinary shares in BHP Billiton Limited following the exercise of previously vested Performance Shares granted in 2007 under the Long Term Incentive Plan (LTIP);
  •      16,611 ordinary shares in BHP Billiton Limited following the vesting of Deferred Shares under the 2012 Group Short Term Incentive Plan (GSTIP);
  •      31,700 ordinary shares in BHP Billiton Limited following the vesting of Restricted Shares under the 2011 Management Award Plan (MAP); and
  •      the acquisition of 150 Matched Shares (ordinary fully paid shares of BHP Billiton Limited) (see Part 3), and the transfer of 150 Acquired Shares (ordinary fully paid shares of BHP Billiton Limited), under the terms of the employee share plan Shareplus (2011).
  In addition, an on-market sale of 106,111 ordinary shares on the Australian Securities Exchange, made partially 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 and indirect
Nature of indirect interest (including registered holder)   

Mr Wilson has an indirect interest in 106* ordinary 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 as described below in “Any additional information”.

 

*  Note – total above reflects shares transferred in this transaction (Acquired Shares) previously held by Shareplus nominee Computershare Nominees.

Date of change    21 August 2014
No. of securities held prior to change   

115,859 (BHP Billiton Limited) - Direct

59,301 (BHP Billiton Plc) - Direct

256 (BHP Billiton Limited) - Indirect

Class    Ordinary Shares in BHP Billiton Limited
Number acquired   

105,811

150 (Matched Shares, Shareplus 2011)

Number disposed    106,111
Value/Consideration   

Exercise of 57,500 at nil cost

Vesting of 48,311 at nil cost

150 Matched Shares – nil cost

 

2

   Sale of 48,611 at $38.23 per share (average)
   Sale of 57,500 at $38.34 per share (average)
No. of securities held after change   

115,859 (BHP Billiton Limited) - Direct

59,301 (BHP Billiton Plc) - Direct

106 (BHP Billiton Limited) - Indirect

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

    Please see “Nature of transaction” above.
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.

 

3

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    —

 

4

Part 3 – Change of interests in options or other rights granted by the entities (cont’d)

 

Total number of securities over which options or other rights held at the date of this notice    BHP Billiton Limited:
  

 

102,176 –

   

 

maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP

   2,360 –   

maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the GIS

   36,490 –   

maximum number of Transitional GMC Awards (over ordinary shares of BHP Billiton Limited)

   12,466 –   

maximum number of Deferred Shares (over ordinary shares of BHP Billiton Limited) under the GSTIP

   34,250 –   

maximum number of Restricted Shares (over ordinary shares of BHP Billiton Limited) under the MAP

   106 –   

maximum number of Match Shares (ordinary shares of BHP Billiton Limited) under Shareplus

  

 

   
   187,848 –   

Total

Any additional information    This notification is in respect of the exercise of Performance Shares under the LTIP, the vesting of Deferred Shares under the GSTIP and Restricted Shares under the MAP, and the allocation and transfer of vested Matched Shares and the transfer of Acquired Shares under Shareplus (see part 1).

 

5

Part 4 – Contact details

 

Name of authorised officers responsible for making this notification on behalf of the entities   

Nicole Duncan – BHP Billiton Limited

 

Geof Stapledon – BHP Billiton Plc

Contact details    Nicole Duncan      Tel:    +61 3 9609 2917
        Fax:    +61 3 9611 1044
   Geof Stapledon      Tel:    +44 20 7802 4176
        Fax:    +44 20 7802 3054

 

6

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

      BHP Billiton Limited and BHP Billiton Plc
Date: August 25, 2014     By:  

/s/ Nicole Duncan

    Name:   Nicole Duncan
    Title:   Company Secretary