TIDMBHP

RNS Number : 3050J

BHP Group PLC

20 August 2021

BHP GROUP PLC and BHP GROUP LIMITED

Notification and public disclosure of transactions by

Persons Discharging Managerial Responsibilities

 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                             Mike Henry 
     -------------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     --------------------------------------------------------------------------------- 
 a)   Position/status                  PDMR (Chief Executive Officer) 
     -------------------------------  ------------------------------------------------ 
 b)   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------------- 
 a)   Name                             BHP Group Plc 
     -------------------------------  ------------------------------------------------ 
 b)   LEI                              549300C116EOWV835768 
     -------------------------------  ------------------------------------------------ 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted. 
     --------------------------------------------------------------------------------- 
 a)   Description of                   BHP Group Limited ordinary shares 
       the financial                    ISIN: AU000000BHP4 
       instrument, type 
       of instrument 
       Identification 
       code 
     -------------------------------  ------------------------------------------------ 
 b)   Nature of the                    1. The acquisition of 17,420 ordinary shares 
       transaction                      in BHP Group Limited following the vesting 
                                        of Deferred Shares under the FY2019 Short 
                                        Term Incentive Plan and 1,383 ordinary 
                                        shares in BHP Group Limited in accordance 
                                        with the Group's policy on Dividend Equivalent 
                                        Payments. 
                                        2. The acquisition of 192,360 ordinary 
                                        shares in BHP Group Limited following the 
                                        vesting of the Long Term Incentive Plan 
                                        2016 awards and 34,260 ordinary shares 
                                        in BHP Group Limited in accordance with 
                                        the Group's policy on Dividend Equivalent 
                                        Payments. * 
                                        3. The on-market sale of 119,072 ordinary 
                                        shares in BHP Group Limited made in order 
                                        to meet expected tax obligations arising 
                                        from the transactions described in 1 and 
                                        2. 
 
                                        * The five-year performance period for 
                                        the 2016 Long Term Incentive Plan ended 
                                        on 30 June 2021. Mike Henry's 2016 Long 
                                        Term Incentive Plan award comprised 192,360 
                                        awards (awarded prior to his appointment 
                                        as CEO), subject to achievement of the 
                                        relative Total Shareholder Return performance 
                                        conditions and any discretion applied by 
                                        the Remuneration Committee. For the award 
                                        to vest in full, Total Shareholder Return 
                                        must exceed a Peer Group Total Shareholder 
                                        Return (for 67 per cent of the award) and 
                                        an Index Total Shareholder Return (for 
                                        33 per cent of the award) by an average 
                                        of 5.5 per cent per year for five years, 
                                        being 30.7 per cent in total compounded 
                                        over the performance period from 1 July 
                                        2016 to 30 June 2021. Total Shareholder 
                                        Return includes returns to BHP shareholders 
                                        in the form of share price movements along 
                                        with dividends paid and reinvested in BHP 
                                        (including cash and in-specie dividends). 
                                        BHP's Total Shareholder Return performance 
                                        was positive 266.5 per cent over the five-year 
                                        period from 1 July 2016 to 30 June 2021. 
                                        This is above the weighted median Peer 
                                        Group Total Shareholder Return of positive 
                                        213.9 per cent and below the Index Total 
                                        Shareholder Return of positive 99.8 per 
                                        cent over the same period. This level of 
                                        performance results in 100 per cent vesting 
                                        for the 2016 Long Term Incentive Plan awards. 
                                        The Remuneration Committee considers its 
                                        discretion carefully each year. It considers 
                                        performance holistically over the five-year 
                                        period. Having undertaken this review, 
                                        the Remuneration Committee chose not to 
                                        exercise its discretion and allowed 100 
                                        per cent of the 2016 Long Term Incentive 
                                        Plan awards to vest. Further detail in 
                                        respect of the 2016 Long Term Incentive 
                                        Plan awards will be provided in BHP's 2021 
                                        Remuneration Report which will be released 
                                        to shareholders in September 2021. 
     -------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)                  Price(s)   Volume(s) 
                                          1.   Nil        18,803 
                                              ---------  ---------- 
                                          2.   Nil        226,620 
                                              ---------  ---------- 
                                          3.   44.53      119,072 
                                              ---------  ---------- 
     -------------------------------  ------------------------------------------------ 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------------ 
 e)   Date of the transaction          1. 2021-08-18 
                                        2. 2021-08-18 
                                        3. 2021-08-19 
     -------------------------------  ------------------------------------------------ 
 f)   Place of the transaction         1. Outside a trading venue 
                                        2. Outside a trading venue 
                                        3. Australian Securities Exchange (XASX) 
     -------------------------------  ------------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 b)   Name                             Gary Goldberg 
     -------------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------- 
 c)   Position/status                  PDMR (Non-executive Director) 
     -------------------------------  ---------------------------------------------- 
 d)   Initial notification/Amendment   Initial notification 
     -------------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------- 
 a)   Name                             BHP Group Plc 
     -------------------------------  ---------------------------------------------- 
 b)   LEI                              549300C116EOWV835768 
     -------------------------------  ---------------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted. 
     ------------------------------------------------------------------------------- 
 g)   Description of                   BHP Group Limited American Depository 
       the financial                    Shares (ADSs) 
       instrument, type                 ISIN: US0886061086 
       of instrument 
       Identification 
       code 
     -------------------------------  ---------------------------------------------- 
 h)   Nature of the                    The on-market purchase of 1,000 American 
       transaction                      Depository Shares (ADSs) (representing 
                                        2,000 ordinary shares) in BHP Group Limited. 
     -------------------------------  ---------------------------------------------- 
 i)   Price(s) and volume(s)                  Price        Volume 
                                          1.   USD 65.500   500 
                                              -----------  ------- 
                                          2.   USD 62.870   200 
                                              -----------  ------- 
                                          3.   USD 62.875   300 
                                              -----------  ------- 
     -------------------------------  ---------------------------------------------- 
 j)   Aggregated information           1,000 ADSs representing 2,000 ordinary 
       - Aggregated volume              shares in BHP Group Limited 
       - Price                          USD 64.187 
     -------------------------------  ---------------------------------------------- 
 k)   Date of the transaction          1. 2021-08-18 
                                        2. 2021-08-19 
                                        3. 2021-08-19 
     -------------------------------  ---------------------------------------------- 
 l)   Place of the transaction         1. New York Stock Exchange (NYSE) 
                                        2. New York Stock Exchange (NYSE) 
                                        3. New York Stock Exchange (NYSE) 
     -------------------------------  ---------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 c)   Name                             Christine O'Reilly 
     -------------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 e)   Position/status                  PDMR (Non-executive Director) 
     -------------------------------  ------------------------------------------- 
 f)   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                             BHP Group Plc 
     -------------------------------  ------------------------------------------- 
 b)   LEI                              549300C116EOWV835768 
     -------------------------------  ------------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted. 
     ---------------------------------------------------------------------------- 
 m)   Description of                   BHP Group Limited ordinary shares 
       the financial                    ISIN: AU000000BHP4 
       instrument, type 
       of instrument 
       Identification 
       code 
     -------------------------------  ------------------------------------------- 
 n)   Nature of the                    The on-market purchase of 2,000 ordinary 
       transaction                      shares in BHP Group Limited. 
     -------------------------------  ------------------------------------------- 
 o)   Price(s) and volume(s)            Price        Volume 
                                         AUD 44.39    2,000 
                                                     ------- 
     -------------------------------  ------------------------------------------- 
 p)   Aggregated information           2,000 ordinary shares in BHP Group Limited 
       - Aggregated volume              AUD 44.39 
       - Price 
     -------------------------------  ------------------------------------------- 
 q)   Date of the transaction          2021-08-20 
     -------------------------------  ------------------------------------------- 
 r)   Place of the transaction         Australian Securities Exchange (XASX) 
     -------------------------------  ------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHURABRAWUWURR

(END) Dow Jones Newswires

August 20, 2021 03:20 ET (07:20 GMT)

Bhp (LSE:BHP)
Historical Stock Chart
From Oct 2021 to Nov 2021 Click Here for more Bhp Charts.
Bhp (LSE:BHP)
Historical Stock Chart
From Nov 2020 to Nov 2021 Click Here for more Bhp Charts.