TIDMBHP

RNS Number : 8541W

BHP Group PLC

21 August 2020

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 30,692 ordinary shares 
       transaction                      in BHP Group Limited following the vesting 
                                        of Deferred Shares under the FY2018 Short 
                                        Term Incentive Plan and 3,897 ordinary 
                                        shares in BHP Group Limited in accordance 
                                        with the Group's policy on Dividend Equivalent 
                                        Payments. 
                                        2. The acquisition of 92,333 ordinary shares 
                                        in BHP Group Limited following the vesting 
                                        of the Long Term Incentive Plan 2015 awards 
                                        and 19,150 ordinary shares in BHP Group 
                                        Limited in accordance with the Group's 
                                        policy on Dividend Equivalent Payments. 
                                        (The lapse of 100,027 Long Term Incentive 
                                        Plan 2015 awards.) * 
                                        3. The on-market sale of 67,162 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 2015 Long Term Incentive Plan ended 
                                        on 30 June 2020. Mike Henry's 2015 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 a holistic "look back" review 
                                        of performance over the five-year period 
                                        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 
                                        2015 to 30 June 2020. 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 29.0 per cent over the five-year 
                                        period from 1 July 2015 to 30 June 2020. 
                                        This is above the weighted median Peer 
                                        Group Total Shareholder Return of positive 
                                        9.6 per cent and below the Index Total 
                                        Shareholder Return of positive 38.5 per 
                                        cent over the same period. This level of 
                                        performance results in 48 per cent vesting 
                                        for the 2015 Long Term Incentive Plan awards. 
                                        The Remuneration Committee reviewed performance 
                                        holistically over the five-year period, 
                                        and determined that it was appropriate 
                                        to allow 48 per cent of the 2015 Long Term 
                                        Incentive Plan awards to vest. 
     -------------------------------  --------------------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)    Volume(s) 
                                         1.   Nil         34,589 
                                             ----------  ---------- 
                                         2.   Nil         111,483 
                                             ----------  ---------- 
                                         3.   AUD 39.32   67,162 
                                             ----------  ---------- 
     -------------------------------  --------------------------------------------------- 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  --------------------------------------------------- 
 e)   Date of the transaction          1. 2020-08-19 
                                        2. 2020-08-19 
                                        3. 2020-08-19 
     -------------------------------  --------------------------------------------------- 
 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 
 a)   Name                             Peter Beaven 
     -------------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     --------------------------------------------------------------------------------- 
 a)   Position/status                  PDMR (Chief Financial 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                    4. The acquisition of 30,964 ordinary 
       transaction                      shares in BHP Group Limited following 
                                        the vesting of Deferred Shares under 
                                        the FY2018 Short Term Incentive Plan 
                                        and 3,931 ordinary shares in BHP Group 
                                        Limited in accordance with the Group's 
                                        policy on Dividend Equivalent Payments. 
                                        5. The acquisition of 83,940 ordinary 
                                        shares in BHP Group Limited following 
                                        the vesting of the Long Term Incentive 
                                        Plan 2015 awards and 17,409 ordinary 
                                        shares in BHP Group Limited in accordance 
                                        with the Group's policy on Dividend Equivalent 
                                        Payments. (The lapse of 90,933 Long Term 
                                        Incentive Plan 2015 awards.) * 
                                        6. The on-market sale of 65,424 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 2015 Long Term Incentive Plan ended 
                                        on 30 June 2020. Peter Beaven's 2015 
                                        Long Term Incentive Plan award comprised 
                                        174,873 awards, subject to achievement 
                                        of the relative Total Shareholder Return 
                                        performance conditions and a holistic 
                                        "look back" review of performance over 
                                        the five-year period 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 
                                        2015 to 30 June 2020. 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 29.0 per cent 
                                        over the five-year period from 1 July 
                                        2015 to 30 June 2020. This is above the 
                                        weighted median Peer Group Total Shareholder 
                                        Return of positive 9.6 per cent and below 
                                        the Index Total Shareholder Return of 
                                        positive 38.5 per cent over the same 
                                        period. This level of performance results 
                                        in 48 per cent vesting for the 2015 Long 
                                        Term Incentive Plan awards. The Remuneration 
                                        Committee reviewed performance holistically 
                                        over the five-year period, and determined 
                                        that it was appropriate to allow 48 per 
                                        cent of the 2015 Long Term Incentive 
                                        Plan awards to vest. 
     -------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)                 Price(s)    Volume(s) 
                                         1.   Nil         34,895 
                                             ----------  ---------- 
                                         2.   Nil         101,349 
                                             ----------  ---------- 
                                         3.   AUD 39.32   65,424 
                                             ----------  ---------- 
     -------------------------------  ------------------------------------------------ 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------------ 
 e)   Date of the transaction          4. 2020-08-19 
                                        5. 2020-08-19 
                                        6. 2020-08-19 
     -------------------------------  ------------------------------------------------ 
 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 
 a)   Name                             Daniel Malchuk 
     -------------------------------  ------------------------------------------------ 
 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 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                    7. The acquisition of 33,686 ordinary 
       transaction                      shares in BHP Group Limited following 
                                        the vesting of Deferred Shares under 
                                        the FY2018 Short Term Incentive Plan 
                                        and 4,277 ordinary shares in BHP Group 
                                        Limited in accordance with the Group's 
                                        policy on Dividend Equivalent Payments. 
                                        8. The acquisition of 83,940 ordinary 
                                        shares in BHP Group Limited following 
                                        the vesting of the Long Term Incentive 
                                        Plan 2015 awards and 17,409 ordinary 
                                        shares in BHP Group Limited in accordance 
                                        with the Group's policy on Dividend Equivalent 
                                        Payments. (The lapse of 90,933 Long Term 
                                        Incentive Plan 2015 awards.) * 
                                        9. The on-market sale of 56,934 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 2015 Long Term Incentive Plan ended 
                                        on 30 June 2020. Daniel Malchuk's 2015 
                                        Long Term Incentive Plan award comprised 
                                        174,873 awards, subject to achievement 
                                        of the relative Total Shareholder Return 
                                        performance conditions and a holistic 
                                        "look back" review of performance over 
                                        the five-year period 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 
                                        2015 to 30 June 2020. 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 29.0 per cent 
                                        over the five-year period from 1 July 
                                        2015 to 30 June 2020. This is above the 
                                        weighted median Peer Group Total Shareholder 
                                        Return of positive 9.6 per cent and below 
                                        the Index Total Shareholder Return of 
                                        positive 38.5 per cent over the same 
                                        period. This level of performance results 
                                        in 48 per cent vesting for the 2015 Long 
                                        Term Incentive Plan awards. The Remuneration 
                                        Committee reviewed performance holistically 
                                        over the five-year period, and determined 
                                        that it was appropriate to allow 48 per 
                                        cent of the 2015 Long Term Incentive 
                                        Plan awards to vest. 
     -------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)                 Price(s)    Volume(s) 
                                         1.   Nil         37,963 
                                             ----------  ---------- 
                                         2.   Nil         101,349 
                                             ----------  ---------- 
                                         3.   AUD 39.32   56,934 
                                             ----------  ---------- 
     -------------------------------  ------------------------------------------------ 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------------ 
 e)   Date of the transaction          7. 2020-08-19 
                                        8. 2020-08-19 
                                        9. 2020-08-19 
     -------------------------------  ------------------------------------------------ 
 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 
 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 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                   1. BHP Group Limited ordinary shares 
       the financial                    ISIN: AU000000BHP4 
       instrument, type 
       of instrument 
       Identification 
       code 
     -------------------------------  ------------------------------------------- 
 b)   Nature of the                    1. The acquisition of 33,828 ordinary 
       transaction                      shares in BHP Group Limited following 
                                        the vesting of Restricted Shares under 
                                        the FY2018 Management Award Plan. 
                                        2. The on-market sale of 16,244 ordinary 
                                        shares in BHP Group Limited made in order 
                                        to meet expected tax obligations arising 
                                        from the transactions described in 1. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                Price(s)    Volume(s) 
                                         1   Nil         33,828 
                                            ----------  ---------- 
                                         2   AUD 39.32   16,244 
                                            ----------  ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          1. 2020-08-19 
                                        2. 2020-08-19 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         1. Outside a trading venue 
                                        2. Australian Securities Exchange (XASX) 
     -------------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                             Geraldine Slattery 
     -------------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                  PDMR (President Petroleum) 
     -------------------------------  ------------------------------------------- 
 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 34,349 ordinary 
       transaction                      shares in BHP Group Limited following 
                                        the vesting of Restricted Shares under 
                                        the FY2018 Management Award Plan. 
                                        2. The on-market sale of 8,544 ordinary 
                                        shares in BHP Group Limited made in order 
                                        to meet expected tax obligations arising 
                                        from the transactions described in 1. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                Price(s)    Volume(s) 
                                         1   Nil         34,349 
                                            ----------  ---------- 
                                         2   AUD 39.32   8,544 
                                            ----------  ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information           N/A 
       - Aggregated volume 
       - Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          1. 2020-08-19 
                                        2. 2020-08-19 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         1. Outside a trading venue 
                                        2. 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.

END

DSHEAEPFADKEEFA

(END) Dow Jones Newswires

August 21, 2020 06:38 ET (10:38 GMT)

Bhp (LSE:BHP)
Gráfica de Acción Histórica
De Oct 2020 a Nov 2020 Haga Click aquí para más Gráficas Bhp.
Bhp (LSE:BHP)
Gráfica de Acción Histórica
De Nov 2019 a Nov 2020 Haga Click aquí para más Gráficas Bhp.