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Director/PDMR Shareholding

30th Aug 2011 07:00

RNS Number : 1795N
BHP Billiton PLC
30 August 2011
 



Company Secretariat

30 August 2011

 

 

 

 

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 A Mackenzie

 

Date of last notice

8 December 2010

Date issuer informed of transaction

29 August 2011

Date and place of transaction

25 August 2011 (London Stock Exchange)

 

Nature of transaction

The acquisition of 12,476 ordinary shares in BHP Billiton Plc following the exercise of Deferred Shares under the 2009 Group Incentive Scheme. In addition, an on-market sale of 6,572 ordinary shares on the London Stock Exchange, made 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

Indirect

Nature of indirect interest

(including registered holder)

Mr Mackenzie has an indirect interest in 61,215* ordinary shares in BHP Billiton Plc. 60,904 of these ordinary shares are held by Pershing Nominees held jointly by Mr A Mackenzie and Mrs E Mackenzie, of which Mr Mackenzie is a beneficiary, and 311 ordinary shares of BHP Billiton Plc 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 transferred in this transaction following the exercise of BHP Billiton Plc Deferred Shares under the 2009 Group Incentive Scheme.

Date of change

25 August 2011

No. of securities held prior to change

55,311

Class

Ordinary Shares in BHP Billiton Plc

Number acquired

12,476

Number disposed

6,572

Value/Consideration

Exercise at nil cost

Sale of 6,572 at £19.40

No. of securities held after change

61,215

Nature of change

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

The acquisition of 12,476 ordinary shares in BHP Billiton Plc following the exercise of Deferred Shares under the 2009 Group Incentive Scheme. In addition, an on-market sale of 6,572 ordinary shares on the London Stock Exchange, made in order to meet expected tax obligations.

Any additional information

 

-

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 options or other rights held at the date of this notice

 

565,839 - maximum number of Performance Shares (ordinary shares of BHP Billiton Plc) under the LTIP

 

22,700 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Plc) under the GIS

 

30,389 - maximum number of GIS Options (over ordinary shares of BHP Billiton Plc) under the GIS

 

16,119 - vested GIS Options (ordinary shares of BHP Billiton Plc)

 

 

311 - maximum number of matched shares (ordinary shares of BHP Billiton Plc) under Shareplus

________

635,358 - Total

 

 

Any additional information

 

This notification is in respect of an exercise of vested 2009 Deferred Shares (12,476) under the BHP Billiton Plc Group Incentive Scheme and the vesting of 2009 Options (16,119) under the BHP Billiton Plc Group Incentive Scheme.

 

 

Part 4 - Contact details

 

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

Libby Joyner - BHP Billiton Limited

 

Geof Stapledon - BHP Billiton Plc - BHP Billiton Plc

Contact details

 

 

 

Libby Joyner Tel: +61 3 9609 2339

Fax: +61 3 9609 4372

 

Geof Stapledon Tel: +44 20 7802 4176

Fax: +44 20 7802 3054

 

 

 

 

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