TIDMBHP

RNS Number : 2757Q

BHP Group Limited

27 June 2022

BHP GROUP LIMITED

Notification and public disclosure of transactions by

Persons Discharging Managerial Responsibilities

The PDMR notifications below relate to changes in unvested share rights awards under BHP's employee incentive schemes as a result of the Petroleum merger with Woodside which completed on 1 June 2022. BHP paid an in specie dividend and distributed Woodside shares received as consideration for the sale of BHP Petroleum in line with the details described in BHP's announcement on 20 May 2022.

Employees who continued to be employed by BHP after completion of the Petroleum merger did not receive the in specie dividend in respect of any unvested share rights, and the value of the underlying BHP shares to which they will receive on vesting will be reduced as a result of the in specie dividend that has been determined.

To treat BHP employees fairly and restore the value of the unvested share rights to their pre-completion value, BHP granted those employees a one-off grant of additional matching entitlements on the same substantive terms as the original unvested share rights.

 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                             Edgar Basto-Baez 
     -------------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status                  PDMR (President Minerals Australia) 
     -------------------------------  -------------------------------------------- 
 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 Limited 
     -------------------------------  -------------------------------------------- 
 b)   LEI                              WZE1WSENV6JSZFK0JC28 
     -------------------------------  -------------------------------------------- 
 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 
       instrument, type                 ISIN: AU000000BHP4 
       of instrument 
       Identification 
       code 
     -------------------------------  -------------------------------------------- 
 b)   Nature of the                    The grant of 14,579 Uplift awards under 
       transaction                      BHP Group Limited's Long Term Incentive 
                                        Plan, 10,212 Uplift awards under BHP Group 
                                        Limited's Management Award Plan, 6,584 
                                        Uplift Awards under BHP Group Limited's 
                                        Cash and Deferred Plan. 
     -------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                         1.   Nil        31,375 
                                             ---------  ---------- 
     -------------------------------  -------------------------------------------- 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  -------------------------------------------- 
 e)   Date of the transaction          2022-06-17 
     -------------------------------  -------------------------------------------- 
 f)   Place of the transaction         Australian Securities Exchange (ASX) 
     -------------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                             John Udd 
     -------------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                  PDMR (President Minerals Americas) 
     -------------------------------  ------------------------------------------- 
 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 Limited 
     -------------------------------  ------------------------------------------- 
 b)   LEI                              WZE1WSENV6JSZFK0JC28 
     -------------------------------  ------------------------------------------- 
 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                    The grant of 13,045 Uplift awards under 
       transaction                      BHP Group Limited's Long Term Incentive 
                                        Plan, 7,677 Uplift awards under BHP Group 
                                        Limited's Management Award Plan, 3,962 
                                        Uplift Awards under BHP Group Limited's 
                                        Cash and Deferred Plan. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                         1.   Nil        24,684 
                                             ---------  ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          2022-06-17 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Australian Securities Exchange (ASX) 
     -------------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                             Geraldine Slattery 
     -------------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                  PDMR (Senior 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 Limited 
     -------------------------------  ------------------------------------------- 
 b)   LEI                              WZE1WSENV6JSZFK0JC28 
     -------------------------------  ------------------------------------------- 
 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                    The grant of 24,798 Uplift awards under 
       transaction                      BHP Group Limited's Long Term Incentive 
                                        Plan, 6,876 Uplift awards under BHP Group 
                                        Limited's Management Award Plan, 12,222 
                                        Uplift Awards under BHP Group Limited's 
                                        Cash and Deferred Plan. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                         1.   Nil        43,896 
                                             ---------  ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          2022-06-17 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Australian Securities Exchange (ASX) 
     -------------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                             David Lamont 
     -------------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                  PDMR (CFO) 
     -------------------------------  ------------------------------------------- 
 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 Limited 
     -------------------------------  ------------------------------------------- 
 b)   LEI                              WZE1WSENV6JSZFK0JC28 
     -------------------------------  ------------------------------------------- 
 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                    The grant of 14,579 Uplift awards under 
       transaction                      BHP Group Limited's Long Term Incentive 
                                        Plan, 9,279 Uplift awards under BHP Group 
                                        Limited's Executive Incentive Plan, 3,874 
                                        Uplift Awards under BHP Group Limited's 
                                        Cash and Deferred Plan. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                         1.   Nil        27,732 
                                             ---------  ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          2022-06-17 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Australian Securities Exchange (ASX) 
     -------------------------------  ------------------------------------------- 
 

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