Notice of Dividend Currency Exchange Rate SA Rand

RNS Number : 5649Q

BHP Group PLC

26 February 2021

 

Group Governance

26 February 2021

To:	JSE Limited
	London Stock Exchange

Notice of Dividend Currency Exchange Rate (South African Rand)

2021 Interim Dividend

Name of entity

BHP Group Plc

REG NO  3196209

On 16 February 2021, the Board of BHP determined to pay an interim dividend of 101 US cents per share for the half year ended 31 December 2020.

The currency exchange rate applicable for the dividend payable in South African cents to shareholders on the BHP Group Plc branch register is based on the exchange rate on 26 February 2021 and is set out below:

Dividend 101 US cents per share	Exchange rate	Dividend per ordinary share in local currency
South African cents	14.83670	1498.50670

The exchange rates applicable to the BHP dividend being paid in other currencies will be based on the foreign currency exchange rates on the Dividend Reinvestment Plan Election Date, being 8 March 2021, and will be announced to the market.  

BHP Group Plc shareholders registered on the South African section of the register will not be able to dematerialise or rematerialise their shareholdings between the dates of 3 March 2021 and 5 March 2021, both dates inclusive, nor will transfers between the UK register and the South African register be permitted between the dates of 26 February 2021 and 5 March 2021, both dates inclusive.

The dividend will be paid on 23 March 2021.

Authorised for lodgement by:

Geof Stapledon

Acting Group Company Secretary

 

Sponsor: UBS South Africa (Pty) Limited

 

BHP Group Plc Registration number 3196209

LEI 549300C116EOWV835768

Registered in England and Wales

Registered Office: Nova South, 160 Victoria Street, London SW1E 5LB United Kingdom

A member of the BHP Group which is headquartered in Australia

NOTE: Additional information required by the JSE Listing Requirements

1.  The dividend should be regarded as a 'foreign dividend' for the purposes of South African  income tax and South African dividends tax.

2.  Dividend Tax will be withheld from the amount of the gross final dividend of 299.70134 South African cents per ordinary share paid to shareholders on the South African branch register at the rate of 20 per cent, unless a shareholder qualifies for an exemption.

3.  After the Dividend Tax has been withheld, the net dividend will be 1198.80536 South African cents per ordinary share.

4.  BHP Group Plc had a total of 2,112,071,796 ordinary shares in issue at the dividend determination date of 16 February 2021.

5.  The dividend will be paid out of retained earnings.

6.  For the avoidance of doubt, Dividend Tax, and therefore the information provided in this announcement, is only of direct application to shareholders on the South African branch register.

7.  We have been advised that banks are ceasing to produce (and later accept) cheques in the interest of facilitating safer and quicker payment. BHP Group Plc will no longer be issuing dividend cheques in South Africa. All future payments will only be made into a nominated bank account by electronic funds transfer. Shareholders who have not yet provided their bank account details are reminded to contact Computershare Investor Services (Pty) Limited with their account details into which dividends can be paid electronically.

Shareholders on the South African branch register should direct any questions regarding the application of the Dividend Tax to:

BHP Group Plc Branch Registrar and Transfer Secretary

Computershare Investor Services (Pty) Limited

Rosebank Towers

15 Biermann Avenue

Rosebank

2196

South Africa

Private Bag X9000

Saxonwold

2132 South Africa

Telephone [phone]

Facsimile [phone]

Email enquiries: [e-mail]

Holders of shares dematerialised into STRATE should contact their CSDP or stockbroker.

 

END

 

 

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