Form 8.5 (EPT/RI)

Citigroup Global Markets Limited

24 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:	23 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	70,582	ZAR 630.7733	ZAR 629.7826
USD 0.54945 ordinary	Purchase	70,582	ZAR 630.2500	ZAR 630.2500
USD 0.54945 ordinary	Sale	671,249	GBP 27.2750	GBP 26.4550
USD 0.54945 ordinary	Purchase	1,796,830	GBP 27.2800	GBP 26.4550

(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	14	GBP 27.0650
USD 0.54945 ordinary	TRS	Increasing Short Position	455	GBP 27.0700
USD 0.54945 ordinary	TRS	Increasing Short Position	22	GBP 27.0750
USD 0.54945 ordinary	TRS	Increasing Short Position	161	GBP 27.0800
USD 0.54945 ordinary	TRS	Increasing Short Position	585	GBP 26.9554
USD 0.54945 ordinary	TRS	Increasing Short Position	38,150	GBP 26.9734
USD 0.54945 ordinary	TRS	Increasing Short Position	547,326	GBP 27.0101
USD 0.54945 ordinary	TRS	Increasing Short Position	1,130	GBP 26.4550
USD 0.54945 ordinary	TRS	Reducing Short Position	47	GBP 26.4550
USD 0.54945 ordinary	TRS	Increasing Short Position	24,618	GBP 26.8710
USD 0.54945 ordinary	TRS	Increasing Short Position	363	GBP 26.8840
USD 0.54945 ordinary	TRS	Increasing Short Position	3	GBP 27.0700
USD 0.54945 ordinary	TRS	Reducing Short Position	48	GBP 26.6146
USD 0.54945 ordinary	TRS	Reducing Short Position	72,274	GBP 26.7346
USD 0.54945 ordinary	TRS	Reducing Short Position	297	GBP 26.7464
USD 0.54945 ordinary	TRS	Reducing Short Position	41,278	GBP 26.7858
USD 0.54945 ordinary	TRS	Reducing Short Position	12,576	GBP 26.7994
USD 0.54945 ordinary	TRS	Reducing Short Position	60,464	GBP 26.8435
USD 0.54945 ordinary	TRS	Reducing Short Position	1,266	GBP 26.8472
USD 0.54945 ordinary	TRS	Reducing Short Position	59,335	GBP 26.8919
USD 0.54945 ordinary	TRS	Reducing Short Position	536	GBP 26.8926
USD 0.54945 ordinary	TRS	Reducing Short Position	1,441	GBP 26.9356
USD 0.54945 ordinary	TRS	Reducing Short Position	2,354	GBP 26.9526
USD 0.54945 ordinary	TRS	Reducing Short Position	121	GBP 26.9648
USD 0.54945 ordinary	TRS	Reducing Short Position	3,207	GBP 27.0094
USD 0.54945 ordinary	TRS	Reducing Short Position	1,980	GBP 27.0466
USD 0.54945 ordinary	TRS	Increasing Long Position	324	GBP 26.7440
USD 0.54945 ordinary	TRS	Reducing Long Position	757,998	GBP 27.0500

(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:	24 May 2024
Contact name:	Craig Watson
Telephone number:	02890 409 605

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