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Notification of Change of Interests - L Maxsted

29th Aug 2014 08:20

RNS Number : 3354Q
BHP Billiton PLC
29 August 2014
 



 

 

Company Secretariat

 29 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 L Maxsted

 

Date of last notice

23 August 2013

Date issuer informed of transaction

28 August 2014

Date and place of transaction

28 August 2014 (Australian Securities Exchange)

Nature of transaction

On-market purchase of 1,500 BHP Billiton Limited shares

 

 

 

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 Maxsted has an indirect interest in 8,000* ordinary shares in BHP Billiton Limited as follows:

 

(i) 3,000 ordinary shares in BHP Billiton Limited registered in the name of Jacobite Investments Pty Ltd which holds the shares on behalf of Mr Maxsted, as beneficial owner.

 

(ii) 5,000 ordinary shares in BHP Billiton Limited registered in the name of Align Investments Pty Ltd which holds the shares on behalf of Mr Maxsted, as beneficial owner.

 

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

Date of change

28 August 2014

No. of securities held prior to change

6,500

Class

Ordinary Shares in BHP Billiton Limited

Number acquired

1,500

Number disposed

-

Value/Consideration

$37.10 (average)

No. of securities held after change

8,000

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 purchase of BHP Billiton Limited shares

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

-

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

 

Any additional information

 

 

 

Part 4 - Closed period

 

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.

 

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 closed period.

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

-

 

Part 5 - 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

 

BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209Registered in Australia Registered in England and WalesRegistered Office: 171 Collins Street Melbourne Victoria 3000 Registered Office: Neathouse Place, London SW1V 1LH United Kingdom The BHP Billiton Group is headquartered in Australia

 

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

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