Form 8.3 - BHP Group Limited

Societe Generale SA

30 May 2024

 

FORM 8.3

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:	SOCIETE GENERALE 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	29/05/2024
(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:	Ordinary NPV
	Interests		Short positions
	Number	%	Number	%
(1)  Relevant securities owned and/or controlled:	7,655,694	0.15	56,983	0.00
(2)  Cash-settled derivatives:	70,775	0.00	6,478,070	0.13
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	18,200	0.00	140,000	0.00
TOTAL:	7,744,669	0.15	6,675,053	0.13

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 AUD
Ordinary NPV	Purchase	2,099	45.08
Ordinary NPV	Purchase	1	45.08
Ordinary NPV	Purchase	1	45.08
Ordinary NPV	Purchase	2	45.08
Ordinary NPV	Purchase	2	45.08
Ordinary NPV	Purchase	4	45.1
Ordinary NPV	Purchase	5	45.08
Ordinary NPV	Purchase	6	45.08
Ordinary NPV	Purchase	10	45.1
Ordinary NPV	Purchase	22	45.05
Ordinary NPV	Purchase	34	45.1
Ordinary NPV	Purchase	35	45.1
Ordinary NPV	Purchase	37	45.08
Ordinary NPV	Purchase	38	45.08
Ordinary NPV	Purchase	40	45.1
Ordinary NPV	Purchase	50	45.1
Ordinary NPV	Purchase	53	45.08
Ordinary NPV	Purchase	54	45.05
Ordinary NPV	Purchase	54	45.15
Ordinary NPV	Purchase	64	45.1
Ordinary NPV	Purchase	67	45.1
Ordinary NPV	Purchase	70	45.15
Ordinary NPV	Purchase	73	45.08
Ordinary NPV	Purchase	79	45.08
Ordinary NPV	Purchase	92	45.16
Ordinary NPV	Purchase	97	45.15
Ordinary NPV	Purchase	100	45.15
Ordinary NPV	Purchase	103	45.1
Ordinary NPV	Purchase	114	45.15
Ordinary NPV	Purchase	115	45.1
Ordinary NPV	Purchase	121	45.08
Ordinary NPV	Purchase	135	45.1
Ordinary NPV	Purchase	167	45.1
Ordinary NPV	Purchase	204	45.1
Ordinary NPV	Purchase	218	45.1
Ordinary NPV	Purchase	428	45.13
Ordinary NPV	Purchase	471	45.15
Ordinary NPV	Purchase	474	45.1
Ordinary NPV	Purchase	474	45.15
Ordinary NPV	Purchase	479	45.15
Ordinary NPV	Purchase	582	45.13
Ordinary NPV	Purchase	656	45.1
Ordinary NPV	Purchase	715	45.05
Ordinary NPV	Purchase	771	45.15
Ordinary NPV	Purchase	774	45.1
Ordinary NPV	Purchase	850	45.1
Ordinary NPV	Purchase	990	45.13
Ordinary NPV	Purchase	1,000	45.08
Ordinary NPV	Purchase	1,209	45.05
Ordinary NPV	Purchase	1,370	45.15
Ordinary NPV	Purchase	1,693	45.08
Ordinary NPV	Purchase	1,889	45.08
Ordinary NPV	Purchase	1,908	45.16
Ordinary NPV	Purchase	2,000	45.08
Ordinary NPV	Purchase	2,000	45.1
Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
Ordinary NPV	Purchase	4,485	23.53925
Ordinary NPV	Purchase	4,416	23.54077
Ordinary NPV	Purchase	2,706	23.54929
Ordinary NPV	Purchase	8,492	23.53094
Ordinary NPV	Purchase	5,858	23.56243
Ordinary NPV	Purchase	19,359	23.54044
Ordinary NPV	Purchase	1,363	23.53
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
Ordinary NPV	Purchase	2,362	27.7263
Class of relevant security	Purchase/sale	Number of securities	Price per unit AUD
Ordinary NPV	Sale	1,278	45.08
Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
Ordinary NPV	Sale	2,712	23.53
Ordinary NPV	Sale	307	23.53
Ordinary NPV	Sale	73	23.4
Ordinary NPV	Sale	18	23.74
Ordinary NPV	Sale	73	23.41
Ordinary NPV	Sale	55	23.74
Ordinary NPV	Sale	7,028	23.53
Ordinary NPV	Sale	2,362	23.5876
Ordinary NPV	Sale	410	23.53
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
Ordinary NPV	Sale	450	27.762
Ordinary NPV	Sale	450	27.762
Ordinary NPV	Sale	450	27.762
Ordinary NPV	Sale	15	27.762
Ordinary NPV	Sale	450	27.762
Ordinary NPV	Sale	450	27.762

(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 GBP
Ordinary NPV	CFD	Increasing a long position	2,712	23.53
Ordinary NPV	CFD	Increasing a short position	4,485	23.53925
Ordinary NPV	CFD	Increasing a short position	4,416	23.54077
Ordinary NPV	CFD	Increasing a short position	2,706	23.54929
Ordinary NPV	CFD	Increasing a short position	8,492	23.53094
Ordinary NPV	CFD	Increasing a short position	5,858	23.56243
Ordinary NPV	CFD	Increasing a short position	19,359	23.54044
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 EUR
Ordinary NPV	Listed Call Warrant	Increasing a short position	85	3
Ordinary NPV	Listed Call Warrant	Increasing a short position	100	6.9
Ordinary NPV	Listed Call Warrant	Increasing a short position	50	225.1
Ordinary NPV	Listed Call Warrant	Increasing a short position	460	2.3
Ordinary NPV	Listed Call Warrant	Increasing a short position	50	225.1
Ordinary NPV	Listed Call Warrant	Reducing a short position	2	0.101
Ordinary NPV	Listed Call Warrant	Reducing a short position	50	0.018
Ordinary NPV	Listed Put Warrant	Reducing a short position	50	3.1

(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
Ordinary NPV	Listed Call Option	Selling	5,600	98.56	American	6/20/2024	0.88
Ordinary NPV	Listed Call Option	Selling	16,800	40.32	American	6/20/2024	0.35
Ordinary NPV	Listed Call Option	Selling	5,600	39.2	American	6/20/2024	0.31
Ordinary NPV	Listed Call Option	Selling	11,200	38.08	American	6/20/2024	0.33
Ordinary NPV	Listed Call Option	Selling	33,600	36.96	American	6/20/2024	0.36
Ordinary NPV	Listed Call Option	Selling	5,600	34.72	American	6/20/2024	0.34

(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)        Agreements, arrangements or understandings relating to options or derivatives

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:	30/05/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

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 [phone].

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

                                                               SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

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:	SOCIETE GENERALE 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 AUD	Type e.g. American, European etc.	Expiry date
Ordinary NPV	Listed Call Option	Purchased	140,000	47.26	American	20/06/2024
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 USD	Type e.g. American, European etc.	Expiry date
Ordinary NPV	Listed Put Option	Purchased	12,000	47.5	American	17/01/2025
Ordinary NPV	Listed Put Option	Purchased	6,200	42.5	American	17/01/2025

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 [phone].

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

 

END