29th Aug 2006 08:13
BHP Billiton PLC29 August 2006 29 August 2006 To: Australian Stock Exchange cc: New York Stock Exchange Swiss Stock Exchange JSE Limited London Stock Exchange Deutsche Bank UBS Zurich Notification of Change of Interests of Persons Discharging Managerial Responsibilities and Connected Persons (Listing Rules & Disclosure 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 allstock exchanges on which either BHP Billiton Plc or BHP Billiton Limited haveprimary or secondary listings, all those interests of persons dischargingmanagerial responsibilities of both entities in the securities of both entities(and changes to those interests) which are required to be disclosed under theListing Rules and Disclosure Rules of the United Kingdom Listing Authority andthe Group's Securities Dealing Code. We (the entities) advise the following information under the UK ListingAuthority Disclosure Rule 3.1.4 and as agent for the person dischargingmanagerial responsibilities in accordance with the Group's Securities DealingCode. Name of person discharging managerial responsibilities Mr P S Aiken Date of last notice 7 December 2005 Date issuer informed of transaction 24 August 2006 Date and place of transaction 24 & 28 August 2006 on the Australian Stock Exchange 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 person discharging managerial responsibilities. Direct or indirect interest Direct and Indirect Nature of indirect interest (including registered holder and the identity of a Connected Person if applicable) Mr Aiken previously had a direct interest in 3,377 ordinary shares in BHP Billiton Limited. These are now held indirectly. The registered holder is RBC Global Services Australia Pty Ltd. Date of Change 24 August 2006 (exercise) and 28 August 2006 (sale) No. of securities held prior to change 544,907 Class Ordinary shares in BHP Billiton Limited Number acquired 114,405 Number disposed 47,466 Value/Consideration Exercise @ nil cost Sale @ $27.50 No. of securities held after change 611,846 Nature of change Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back The acquisition of 114,405 ordinary shares following the exercise of Performance Shares and Deferred Shares under the Group Incentive Scheme, and the subsequent sale of 47,466 shares in order to meet the associated tax liability. Any additional information Mr Aiken has a direct interest in 608,469 ordinary shares in BHP Billiton Limited. Mr Aiken also has an indirect interest in 3,377 ordinary shares in BHP Billiton Limited. The registered holder is RBC Global Services Australia Pty Ltd. 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 (including the identity of a Connected Person if applicable) - 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 - No. and class of securities to which interest related after the 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 whichhave changed, save for the total number of securities over which options orother 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 options or 44,402 maximum number of GIS Deferredother rights held at the date of this notice Shares (ordinary shares of BHP Billiton Limited) 450 000 maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the Long Term Incentive Plan ---------- 494,402 Total Any additional information This change is in respect of the exercise of 55,852 Performance Shares and 58,553 Deferred Shares under the BHP Billiton Limited Group Incentive Scheme (GIS). The performance conditions relating to the 2003 Performance Shares were met to 80% and consequently 55,852 Performance Shares vested and 13,963 Performance Shares lapsed on 23 August 2006. The service conditions relating to the 2004 Deferred Shares were met and consequently 58,553 Deferred Shares vested on 23 August 2006. Part 4 - Contact details Name of authorised officers responsible for making this notification on behalf of theentities Mr S A Butcher - BHP Billiton Limited Mrs I Watson - BHP Billiton Plc - BHP Billiton Plc Contact details Mr S A Butcher Tel: +61 3 9609 3323 Fax: +61 3 9609 4372 Mrs I Watson 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 WalesRegistered Office: Level 27, 180 Lonsdale Street Melbourne Registered Office: Neathouse Place London SW1V 1BH Victoria 3000 United KingdomTelephone +61 1300 554 757 Facsimile +61 3 9609 3015 Telephone +44 20 7802 4000 Facsimile +44 20 7802 4111 The BHP Billiton Group is headquartered in Australia This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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