Form 8.3 - BHP Group Limited

3rd May 2024 14:06

RNS Number : 2315N
BNP Paribas London
03 May 2024
 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

 

1.

KEY INFORMATION

 

 (a) Full name of discloser:

 

BNP Paribas SA

 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

BHP Group Limited

 (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

 (e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

02/05/2024

 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

Yes: Anglo American plc

 

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

 

Class of relevant security:

 

AU000000BHP4 (Ordinary NPV), US0886061086 (ADR)

 

 

 

Interests

 

Short Positions

 

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

22,380,729

.44

-14,421,613

-.28

(2) Cash-settled derivatives:

 

3,411,287

.07

-1,386,083

-.03

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

1,727,854

.03

-6,854,441

-.14

TOTAL:

27,519,871

.54

-22,662,137

-.45

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)

Rights to subscribe for new securities (including directors'' and other employee options)

 

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

 

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)

Purchases and sales

 

Class of relevant

security

Purchase/sale

Number of

securities

Price per unit

AU000000BHP4

Sale

-1,978

22.3200 GBP

AU000000BHP4

Sale

-5,274

22.3200 GBP

US0886061086 (ADR)

Sale

-50

55.5800 USD

AU000000BHP4

Purchase

1,425

42.3800 AUD

US0886061086 (ADR)

Purchase

19,650

55.5800 USD

AU000000BHP4

Purchase

744

42.3800 AUD

AU000000BHP4

Purchase

757

42.3800 AUD

AU000000BHP4

Sale

-1,821

42.3800 AUD

US0886061086 (ADR)

Sale

-2,170

55.5800 USD

AU000000BHP4

Sale

-6,570

22.3200 GBP

AU000000BHP4

Purchase

12,454

42.3800 AUD

AU000000BHP4

Purchase

50,992

42.3800 AUD

AU000000BHP4

Sale

-406

42.3800 AUD

AU000000BHP4

Sale

-129

42.3800 AUD

AU000000BHP4

Purchase

163

42.3800 AUD

AU000000BHP4

Purchase

22

42.3800 AUD

AU000000BHP4

Sale

-2,833

22.3200 GBP

AU000000BHP4

Sale

-80

42.3800 AUD

AU000000BHP4

Sale

-4,869

22.3200 GBP

AU000000BHP4

Purchase

3,000

42.3800 AUD

AU000000BHP4

Sale

-3,330

42.3800 AUD

AU000000BHP4

Sale

-2

42.3800 AUD

AU000000BHP4

Purchase

66

22.3200 GBP

AU000000BHP4

Sale

-12

42.3800 AUD

AU000000BHP4

Purchase

160,859

42.3800 AUD

AU000000BHP4

Purchase

117

42.3800 AUD

AU000000BHP4

Sale

-1

42.3800 AUD

AU000000BHP4

Purchase

1

22.3200 GBP

AU000000BHP4

Purchase

386

42.3800 AUD

US0886061086 (ADR)

Sale

-376

55.5800 USD

AU000000BHP4

Sale

-986

42.3800 AUD

AU000000BHP4

Purchase

33

42.3800 AUD

US0886061086 (ADR)

Sale

-25

55.4339 USD

US0886061086 (ADR)

Purchase

3,184

55.5800 USD

AU000000BHP4

Purchase

4,155

22.3200 GBP

AU000000BHP4

Sale

-1

22.3200 GBP

AU000000BHP4

Purchase

1

42.3800 AUD

AU000000BHP4

Sale

-1,100

42.3800 AUD

AU000000BHP4

Purchase

20,212

42.3800 AUD

 

(b)

Cash-settled derivative transactions

 

Class of

relevant

security

Product

description

e.g. CFD

Nature of dealing

e.g. opening/closing a

long/short position

increasing/reducing a

long/short position

Number of

references

securities

Price per

unit

AU000000BHP4

Contract for Difference

Closing Long Position

-4,155

22.3200 GBP

AU000000BHP4

Contract for Difference

Increasing Long Position

5,258

519.8500 ZAR

AU000000BHP4

Contract for Difference

Increasing Long Position

4,869

22.3200 GBP

AU000000BHP4

Contract for Difference

Increasing Short Position

-4,494

519.8500 USD

AU000000BHP4

Contract for Difference

Increasing Short Position

-12,454

42.3800 AUD

AU000000BHP4

Contract for Difference

Increasing Short Position

-66

22.3200 GBP

AU000000BHP4

Contract for Difference

Increasing Short Position

-764

519.8500 ZAR

US0886061086 (ADR)

Contract for Difference

Increasing Short Position

-3,184

55.5800 USD

US0886061086 (ADR)

Contract for Difference

Reducing Long Position

-19,650

55.5800 USD

AU000000BHP4

Contract for Difference

Reducing Long Position

-117

42.3800 AUD

AU000000BHP4

Contract for Difference

Reducing Long Position

-33

42.3800 AUD

AU000000BHP4

Contract for Difference

Reducing Long Position

-50,992

42.3800 AUD

AU000000BHP4

Contract for Difference

Reducing Short Position

271

42.3800 AUD

AU000000BHP4

Contract for Difference

Reducing Short Position

2,777

42.3800 AUD

AU000000BHP4

Contract for Difference

Reducing Short Position

282

42.3800 AUD

AU000000BHP4

Contract for Difference

Reducing Long Position

-22,833

42.3800 AUD

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

of

relevant

security

Product

description

e.g. call

option

Writing,

purchasing,

selling,

varying etc.

Number

of

securities

to which

option

relates

Exercise

price

per unit

Type

e.g.

American

European

etc.

Expiry

date

Option

money

paid/

received

per unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercise

 

Class of

relevant

security

Product

description

e.g. call option

Exercising/

exercised

against

Number of

securities

Exercise price

per unit

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if

applicable)

 

 

 

 

 

 

 

 

 

4.

Other Information

 

(a)

Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

 

None

 

 

(b)

Indemnity and other dealing arrangements

 

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which

any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

 

None

 

 

(c)

Attachments

 

Is a supplemental Form 8 (Open Positions) attached?

 

Yes

 

 

Date of Disclosure:

 

03/05/2024

Contact Name

 

Compliance Control Room

Telephone Number:

 

0207 595 9695

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk

 

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS,

AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

 

1.

KEY INFORMATION

 

 Full name of person making disclosure:

 

BNP Paribas SA

 Name of offeror/offeree in relation to whose

 relevant securities the disclosure relates:

BHP Group Limited

 

2.

STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

 

Class of

relevant

security

Product

description

e.g. call

option

Written or

purchased

Number of

securities

to which

option or

derivative

relates

Exercise

price

per unit

Type

e.g.

American,

European

etc.

Expiry

date

ADR (US0886061086)

Put Option

P

-12000

55.58

american

17/01/2025

ADR (US0886061086)

Put Option

P

-158400

55.58

american

17/01/2025

ADR (US0886061086)

Put Option

W

17500

55.58

american

21/06/2024

ADR (US0886061086)

Put Option

P

-6000

55.58

american

21/06/2024

ADR (US0886061086)

Put Option

P

-63800

55.58

american

21/06/2024

ADR (US0886061086)

Put Option

P

-30000

55.58

american

17/01/2025

ADR (US0886061086)

Put Option

P

-56400

55.58

american

15/11/2024

ADR (US0886061086)

Put Option

P

-13500

55.58

american

21/06/2024

ADR (US0886061086)

Call Option

W

-3500

55.58

american

21/06/2024

ADR (US0886061086)

Call Option

P

16800

55.58

american

17/01/2025

ADR (US0886061086)

Call Option

P

6000

55.58

american

21/06/2024

ADR (US0886061086)

Call Option

P

18000

55.58

american

17/01/2025

ADR (US0886061086)

Call Option

P

3800

55.58

american

17/01/2025

ADR (US0886061086)

Call Option

P

6000

55.58

american

17/01/2025

ADR (US0886061086)

Call Option

P

6000

55.58

american

17/01/2025

ADR (US0886061086)

Call Option

P

30200

55.58

american

17/05/2024

ADR (US0886061086)

Put Option

P

-21100

55.58

american

17/01/2025

Ordinary NPV (AU000000BHP4)

Put Option

W

11200

42.38

american

19/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

W

11200

42.38

american

19/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

W

30000

42.38

american

19/06/2025

Ordinary NPV (AU000000BHP4)

Put Option

P

-8000

22.32

american

20/06/2025

Ordinary NPV (AU000000BHP4)

Put Option

W

125000

22.32

american

21/06/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-64000

22.32

american

21/06/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-32000

22.32

american

21/06/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-63000

22.32

american

20/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-9000

22.32

american

20/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-9000

22.32

american

20/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-16000

22.32

american

20/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-24000

22.32

american

19/12/2025

Ordinary NPV (AU000000BHP4)

Put Option

P

-800000

42.38

european

19/09/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-500000

42.38

european

08/05/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-1000000

42.38

european

08/05/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-800000

42.38

european

16/05/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-750000

42.38

european

27/05/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-200000

42.38

european

15/07/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-550000

42.38

european

28/05/2024

Ordinary NPV (AU000000BHP4)

Put Option

W

80000

22.32

american

20/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

W

200000

22.32

american

20/06/2025

Ordinary NPV (AU000000BHP4)

Put Option

P

-6200

37.9215

european

13/08/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-4600

39.4695

european

07/08/2024

Ordinary NPV (AU000000BHP4)

Put Option

W

12000

42.38

american

19/09/2024

Ordinary NPV (AU000000BHP4)

Put Option

W

10000

42.38

american

19/09/2024

Ordinary NPV (AU000000BHP4)

Put Option

W

38080

42.38

american

19/12/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-5600

41.667

european

07/05/2024

Ordinary NPV (AU000000BHP4)

Put Option

P

-4600

39.5415

european

07/08/2024

Ordinary NPV (AU000000BHP4)

Call Option

P

72000

22.32

american

21/06/2024

Ordinary NPV (AU000000BHP4)

Call Option

P

32000

22.32

american

21/06/2024

Ordinary NPV (AU000000BHP4)

Call Option

P

36000

22.32

american

21/06/2024

Ordinary NPV (AU000000BHP4)

Call Option

P

32000

22.32

american

21/06/2024

Ordinary NPV (AU000000BHP4)

Call Option

W

0

47.4086

european

02/05/2024

Ordinary NPV (AU000000BHP4)

Call Option

P

4300

48.851

european

22/05/2024

Ordinary NPV (AU000000BHP4)

Unknown

W

-544320

37.679

european

24/04/2025

Ordinary NPV (AU000000BHP4)

Unknown

W

-297706.5

40.8189

european

13/01/2025

Ordinary NPV (AU000000BHP4)

Unknown

W

-304340.4

40.9596

european

14/01/2025

Ordinary NPV (AU000000BHP4)

Unknown

P

522557.28

48.9732

european

11/09/2024

Ordinary NPV (AU000000BHP4)

Unknown

W

-496374.4704

46.8092

european

18/06/2024

Ordinary NPV (AU000000BHP4)

Equity Linked Note

-1000

22.32

european

20/05/2024

Ordinary NPV (AU000000BHP4)

Unknown

P

407217.2196

46.554

european

14/05/2024

 

3.

AGREEMENTS TO PURCHASE OR SELL ETC.

 

Full details should be given so that the nature of the interest or position can be fully understood:

 

 

 

 

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

 

The currency of all prices and other monetary amounts should be stated.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk

 

 

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