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BHP Group Limited
BHP Group Limited ABN 49 004 028 077
Registered in Australia
Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000
Share code: BHG
ISIN: AU000000BHP4
25 November 2022
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 Initial notification
notification/Amendment
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 the This notification is in respect of the grant of the following grants
financial instrument, type to the Chief Executive Officer under the Group’s incentive plans:
of instrument (i) Long Term Incentive Plan Awards; (ii) Cash and Deferred Plan
Awards that vest after two-years; and (iii) Cash and Deferred Plan
Identification code Awards that vest after five-years.
This notification is also in respect of the grant and vesting of Uplift
Awards to the Chief Executive Officer under the Group’s incentive
plans.
Employees who continued to be employed by BHP after
completion of the Petroleum merger with Woodside on 1 June
2022 did not receive the in specie dividend paid by BHP in respect
of any unvested share rights, and the value of the underlying BHP
shares 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
(Uplift Awards) on the same substantive terms as the original
unvested share rights.
Type of Instrument
Each grant under BHP Group Limited’s Cash and Deferred Plan
and Long Term Incentive Plan is a conditional right to one
ordinary fully paid share in BHP Group Limited, subject to meeting
the applicable service and/or performance conditions.
Identification code
ISIN: AU000000BHP4
b) Nature of the transaction 1. The grant of 118,853 Long Term Incentive Plan Awards
2. The grant of 44,335 Cash and Deferred Plan Awards that
vest in two years.
3. The grant of 44,335 Cash and Deferred Plan Awards that
vest in five years.
4. The grant of 117,948 Uplift Awards under BHP Group
Limited’s Long Term Incentive Plan and Cash and
Deferred Plan.
5. The acquisition of 31,616 ordinary shares following the
vesting of Uplift Awards under BHP Group Limited’s Long
Term Incentive Plan and Cash and Deferred Plan.
6. The on-market sale of 15,002 ordinary shares in BHP
Group Limited in order to meet expected tax obligations
arising from the transactions described in 5.
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 118,853
2. Nil 44,335
3. Nil 44,335
4. Nil 117,948
5. Nil 31,616
6. A$43.32 15,002
d) Aggregated information
- Aggregated volume 325,471 share rights – nil price
- Price 15,002 ordinary shares – A$43.32 (A$649,886.64)
e) Date of the transaction 2022-11-22
f) Place of the transaction Australian Securities Exchange (ASX)
1 Details of the person discharging managerial responsibilities / persons closely
associated
b) Name Geraldine Slattery
2 Reason for the notification
c) Position/status PDMR (President Australia)
d) Initial Initial notification
notification/Amendment
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.
Description of the This notification is in respect of the grant of the following grants
g)
to the President Australia under the Group’s incentive plans:(i)
financial instrument, type
Long Term Incentive Plan Awards; (ii) Cash and Deferred Plan
of instrument
Awards that vest after two-years; and (ii) Cash and Deferred Plan
Identification code Awards that vest after five-years.
Type of Instrument
Each grant under the Cash and Deferred Plan and Long Term
Incentive Plan is a conditional right to one ordinary fully paid share
in BHP Group Limited, subject to meeting the applicable service
and/or performance conditions.
Identification code
ISIN: AU000000BHP4
1. The grant of 58,237 Long Term Incentive Plan Awards.
h) Nature of the transaction
2. The grant of 23,784 Cash and Deferred Plan Awards that
vest in two years.
3. The grant of 23,784 Cash and Deferred Plan Awards that
vest in five years.
i) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 58,237
2. Nil 23,784
3. Nil 23,784
j) Aggregated information
- Aggregated volume 105,805 share rights – nil price
- Price
k) Date of the transaction 2022-11-22
l) Place of the transaction Australian Securities Exchange (ASX)
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 (Chief Operating Officer)
b) Initial Initial notification
notification/Amendment
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.
Description of the This notification is in respect of the grant of the following grants
a)
to the Chief Operating Officer under the Group’s incentive plans:
financial instrument, type
(i) Long Term Incentive Plan Awards; (ii) Cash and Deferred Plan
of instrument
Awards that vest after two-years; and (iii) Cash and Deferred Plan
Identification code Awards that vest after five-years.
Type of Instrument
Each grant under the Cash and Deferred Plan and Long Term
Incentive Plan is a conditional right to one ordinary fully paid share
in BHP Group Limited, subject to meeting the applicable service
and/or performance conditions.
Identification code
ISIN: AU000000BHP4
1. The grant of 58,237 Long Term Incentive Plan Awards.
b) Nature of the transaction
2. The grant of 21,936 Cash and Deferred Plan Awards that
vest in two years.
3. The grant of 21,936 Cash and Deferred Plan Awards that
vest in five years.
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 58,237
2. Nil 21,936
3. Nil 21,936
d) Aggregated information
- Aggregated volume 102,109 share rights – nil price
- Price
e) Date of the transaction 2022-11-22
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 (Chief Financial Officer)
b) Initial Initial notification
notification/Amendment
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.
Description of the This notification is in respect of the grant of the following grants
a)
to the Chief Financial Officer under the Group’s incentive plans:(i)
financial instrument, type
Cash and Deferred Plan Awards that vest after two-years; (ii)
of instrument
Cash and Deferred Plan Awards that vest after five-years; and (iii)
Identification code Long Term Incentive Plan Awards.
Type of Instrument
Each grant under the Cash and Deferred Plan and Long Term
Incentive Plan is a conditional right to one ordinary fully paid share
in BHP Group Limited, subject to meeting the applicable service
and/or performance conditions.
Identification code
ISIN: AU000000BHP4
1. The grant of 58,237 Long Term Incentive Plan Awards.
b) Nature of the transaction
2. The grant of 24,775 Cash and Deferred Plan Awards that
vest in two years.
3. The grant of 24,775 Cash and Deferred Plan Awards that
vest in five years.
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 58,237
2. Nil 24,775
3. Nil 24,775
d) Aggregated information 107,787 share rights – nil price
- Aggregated volume
- Price
e) Date of the transaction 2022-11-22
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
c) Position/status PDMR (President Americas)
d) Initial Initial notification
notification/Amendment
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.
Description of the This notification is in respect of the grant of the following grants
a)
to the President Americas under the Group’s incentive plans:(i)
financial instrument, type
Cash and Deferred Plan Awards that vest after two-years; (ii)
of instrument
Cash and Deferred Plan Awards that vest after five-years; and (iii)
Identification code Long Term Incentive Plan Awards.
Type of Instrument
Each grant under the Cash and Deferred Plan and Long Term
Incentive Plan is a conditional right to one ordinary fully paid share
in BHP Group Limited, subject to meeting the applicable service
and/or performance conditions.
Identification code
ISIN: AU000000BHP4
1. The grant of 55,266 Long Term Incentive Plan Awards.
b) Nature of the transaction
2. The grant of 22,167 Cash and Deferred Plan Awards that
vest in two years.
3. The grant of 22,167 Cash and Deferred Plan Awards that
vest in five years.
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 55,266
2. Nil 22,167
3. Nil 22,167
d) Aggregated information 99,600 share rights – nil price
- Aggregated volume
- Price
e) Date of the transaction 2022-11-22
f) Place of the transaction Australian Securities Exchange (ASX)
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
