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Change of Director's Interests Notice - M Kloppers

5th Oct 2012 07:00

RNS Number : 9985N
BHP Billiton PLC
05 October 2012
 



 

Company Secretariat

 

 

 

 

5 October 2012

 

 

 

 

To:

Australian Securities Exchange

cc:

New York Stock Exchange

London Stock Exchange

JSE Limited

 

 

Notification of Change of Interests of Directors and Connected Persons

(Australian Securities Exchange Listing Rules Appendix 3Y)

(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 Australian Securities Exchange (ASX) Listing Rules, the Listing Rules and Disclosure and Transparency Rules of the United Kingdom Listing Authority, the Australian Corporations Act, the United Kingdom Companies Acts and the Group's Securities Dealing document.

 

We (the entities) advise the following information under ASX Listing Rule 3.19A.2, the UK Listing Authority Disclosure and Transparency Rule 3.1.4 and as agent for the director for the purposes of section 205G of the Australian Corporations Act and in accordance with the Group's Securities Dealing document.

 

Name of person discharging managerial responsibilities

Mr M J Kloppers

 

Date of last notice

3 October 2012

Date issuer informed of transaction

5 October 2012

Date and place of transaction

4 October 2012 (London Stock Exchange)

Nature of transaction

On-market sale of 59,913 BHP Billiton Plc Ordinary Shares on the London Stock Exchange to fund a tax obligation.

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

(including registered holder)

BHP Billiton Plc

Mr Kloppers has an indirect interest in 265,462* ordinary shares in BHP Billiton Plc, as follows:

i) 80,000 ordinary shares in BHP Billiton Plc held by the Kloppers Family Superannuation Fund and registered in the name of Kloppers Family Fund Pty Ltd; and

ii) 185,462* ordinary shares in BHP Billiton Plc held by Maricar Pty Ltd as trustee for the Maricar Family Trust.

BHP Billiton Limited

Mr Kloppers also has an indirect interest in 373,535 ordinary shares in BHP Billiton Limited, as follows:

iii) 350,219 ordinary shares in BHP Billiton Limited held by Maricar Pty Ltd as trustee for the Maricar Family Trust;

iv) 23,000 ordinary shares in BHP Billiton Limited held by the Kloppers Family Superannuation Fund and registered in the name of Kloppers Family Fund Pty Ltd; and

v) 316 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.

* Note - total above reflects shares disposed from this transaction.

Date of change

5 October 2012

No. of securities held prior to change

325,375 (BHP Billiton Plc) - Indirect

363,520 (BHP Billiton Plc) - Direct

373,535 (BHP Billiton Limited) - Indirect

Class

Ordinary Shares in BHP Billiton Plc

Number acquired

-

Number disposed

59,913 (BHP Billiton Plc)

Value/Consideration

Sale of 59,913 at £19.13 per share

No. of securities held after change

265,462 (BHP Billiton Plc) - Indirect

363,520 (BHP Billiton Plc) - Direct

373,535 (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

On-market sale on London Stock Exchange

Any additional information

-

 

 

Part 2 - Change of interests in contracts other than as described in Part 4

 

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 - Closed period

 

Were the interests in the securities or contracts detailed above traded during a closed period where prior written clearance was required?

No.

If so, was prior written clearance provided to allow the trade to proceed during this period?

Under our Securities Dealing Policy a Person Discharging Managerial Responsibilities cannot deal in BHP Billiton Securities without prior clearance. This requirement applies to all dealings, including those that occur outside of a Close Period.

If prior written clearance was provided, on what date was this provided?

-

 

Part 4 - 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 options or other rights held at the date of this notice

 

 

BHP Billiton Limited interests:

 

1,176,721 - maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP

 

88,327 - vested LTIP Performance Shares (ordinary shares of BHP Billiton Limited)

 

64,705 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the GIS

 

316 - maximum number of Matched Shares (ordinary shares of BHP Billiton Limited) under Shareplus

________

1,330,069 - Total

 

Any additional information

 

-

 

 

Part 5 - Contact details

 

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

Nicola Evans - BHP Billiton Limited

 

Geof Stapledon - BHP Billiton Plc

Contact details

 

 

 

Nicola Evans 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 3196209Registered 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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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