Form 8.5 (EPT/RI)

Citigroup Global Markets Limited

23 May 2024

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH

RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Name of exempt principal trader:	Citigroup Global Markets Limited
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:  Use a separate form for each offeror/offeree	Anglo American plc
(c) Name of the party to the offer with which exempt principal trader is connected:	BHP Group Limited
(d) Date dealing undertaken:	22 May 2024
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?  If it is a cash offer or possible cash offer, state "N/A"	BHP Group Limited

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
USD 0.54945 ordinary	Sale	9,666	ZAR 620.0272	ZAR 620.0272
USD 0.54945 ordinary	Purchase	132,412	ZAR 620.0272	ZAR 611.9700
USD 0.54945 ordinary	Sale	890,930	GBP 27.3150	GBP 25.6000
USD 0.54945 ordinary	Purchase	1,150,533	GBP 27.3150	GBP 25.7200

(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 reference securities	Price per unit
USD 0.54945 ordinary	TRS	Increasing Short Position	152	GBP 26.9850
USD 0.54945 ordinary	TRS	Increasing Short Position	8	GBP 26.6933
USD 0.54945 ordinary	TRS	Increasing Short Position	2,580	GBP 26.7268
USD 0.54945 ordinary	TRS	Increasing Short Position	50	GBP 26.8276
USD 0.54945 ordinary	TRS	Increasing Long Position	67	GBP 26.6547
USD 0.54945 ordinary	TRS	Increasing Long Position	315	GBP 26.7126
USD 0.54945 ordinary	TRS	Increasing Long Position	445	GBP 26.9209
USD 0.54945 ordinary	TRS	Increasing Short Position	4,000	GBP 26.0791
USD 0.54945 ordinary	TRS	Increasing Short Position	4,283	GBP 26.1749
USD 0.54945 ordinary	TRS	Increasing Short Position	341	GBP 26.3480
USD 0.54945 ordinary	TRS	Increasing Short Position	139	GBP 26.5068
USD 0.54945 ordinary	TRS	Increasing Short Position	372	GBP 26.5151
USD 0.54945 ordinary	TRS	Increasing Short Position	452	GBP 26.5572
USD 0.54945 ordinary	TRS	Increasing Short Position	56,312	GBP 26.6193
USD 0.54945 ordinary	TRS	Increasing Short Position	1,835	GBP 26.6547
USD 0.54945 ordinary	TRS	Increasing Short Position	11,340	GBP 26.6719
USD 0.54945 ordinary	TRS	Increasing Short Position	184	GBP 26.7078
USD 0.54945 ordinary	TRS	Increasing Short Position	2,900	GBP 26.7883
USD 0.54945 ordinary	TRS	Increasing Short Position	150	GBP 26.8252
USD 0.54945 ordinary	TRS	Increasing Short Position	857	GBP 26.8978
USD 0.54945 ordinary	TRS	Increasing Short Position	140	GBP 26.9589
USD 0.54945 ordinary	TRS	Increasing Short Position	127	GBP 27.2984
USD 0.54945 ordinary	TRS	Increasing Short Position	3,503	GBP 27.3150
USD 0.54945 ordinary	TRS	Reducing Short Position	123	GBP 25.8424
USD 0.54945 ordinary	TRS	Reducing Short Position	47,375	GBP 25.8806
USD 0.54945 ordinary	TRS	Reducing Short Position	116	GBP 26.4824
USD 0.54945 ordinary	TRS	Reducing Short Position	194	GBP 26.5547
USD 0.54945 ordinary	TRS	Reducing Short Position	19,362	GBP 26.6107
USD 0.54945 ordinary	TRS	Reducing Short Position	11,158	GBP 26.6532
USD 0.54945 ordinary	TRS	Reducing Short Position	1,339	GBP 26.6630
USD 0.54945 ordinary	TRS	Reducing Short Position	996	GBP 26.6860
USD 0.54945 ordinary	TRS	Reducing Short Position	37,002	GBP 26.6924
USD 0.54945 ordinary	TRS	Reducing Short Position	76	GBP 26.6973
USD 0.54945 ordinary	TRS	Reducing Short Position	571	GBP 26.7251
USD 0.54945 ordinary	TRS	Reducing Short Position	5,000	GBP 26.9790
USD 0.54945 ordinary	TRS	Reducing Short Position	11,781	GBP 26.9846
USD 0.54945 ordinary	TRS	Reducing Short Position	3,000	GBP 27.0966
USD 0.54945 ordinary	TRS	Reducing Short Position	1,310	GBP 27.0992
USD 0.54945 ordinary	TRS	Increasing Short Position	864	GBP 26.9850
USD 0.54945 ordinary	TRS	Increasing Short Position	23	GBP 26.9850
USD 0.54945 ordinary	TRS	Opening Long Position	1,115	GBP 26.9850
USD 0.54945 ordinary	TRS	Increasing Short Position	1	GBP 26.9850
USD 0.54945 ordinary	TRS	Increasing Short Position	583,670	GBP 27.0683

(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)

3. 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 exempt principal trader 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) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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

Date of disclosure:	23 May 2024
Contact name:	Cathal McKenna
Telephone number:	02890 409 544

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panels Market Surveillance Unit is available for consultation in relation to the Codes dealing disclosure requirements on [phone].

The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.

 

END