Form 8.3 - BHP Group Limited

BNP Paribas London

20 May 2024

 

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:	BNP Paribas 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	17/05/2024
(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:

AU000000BHP4 (Ordinary NPV), US0886061086 (ADR)

Interests

Short Positions

	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	21,136,662	.42	-14,513,781	-.29
(2) Cash-settled derivatives:	3,296,049	.06	-1,471,366	-.03
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	1,290,437	.03	-5,567,721	-.11
TOTAL:	25,723,149	.51	-21,552,868	-.42

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
AU000000BHP4	Purchase	23	44.8900 AUD
AU000000BHP4	Purchase	248	45.0011 AUD
AU000000BHP4	Purchase	1,162	44.8900 AUD
AU000000BHP4	Sale	-57,162	44.8900 AUD
US0886061086 (ADR)	Sale	-398	61.4700 USD
AU000000BHP4	Purchase	124	44.8900 AUD
AU000000BHP4	Sale	-8,659	44.8900 AUD
US0886061086 (ADR)	Purchase	4,800	61.4700 USD
AU000000BHP4	Purchase	1,132	44.8900 AUD
US0886061086 (ADR)	Purchase	300	61.4700 USD
AU000000BHP4	Purchase	2,016	44.8900 AUD
AU000000BHP4	Purchase	915	44.8900 AUD
AU000000BHP4	Purchase	2,929	24.0000 GBP
US0886061086 (ADR)	Sale	-538	60.1861 USD
AU000000BHP4	Sale	-1,804	24.0000 GBP
AU000000BHP4	Sale	-1,629	44.8900 AUD
US0886061086 (ADR)	Purchase	13,135	61.4700 USD
AU000000BHP4	Sale	-1,701	44.8900 AUD
AU000000BHP4	Purchase	545	44.8900 AUD
AU000000BHP4	Purchase	63	44.8900 AUD
AU000000BHP4	Purchase	2	44.8900 AUD
AU000000BHP4	Purchase	2	44.8900 AUD
AU000000BHP4	Sale	-314	44.8900 AUD
AU000000BHP4	Sale	-4,973	44.8900 AUD
AU000000BHP4	Sale	-16,016	44.8900 AUD
AU000000BHP4	Purchase	11	44.8900 AUD
AU000000BHP4	Sale	-16,975	24.0000 GBP
US0886061086 (ADR)	Sale	-5	61.4700 USD
AU000000BHP4	Sale	-30,000	24.0000 GBP
AU000000BHP4	Sale	-5,025	44.8900 AUD
AU000000BHP4	Sale	-7,000	44.8900 AUD
US0886061086 (ADR)	Sale	-2,939	61.4700 USD
AU000000BHP4	Sale	-7	44.8900 AUD
AU000000BHP4	Sale	-2,546	24.0000 GBP
AU000000BHP4	Purchase	6	44.8900 AUD
AU000000BHP4	Purchase	1,108	44.8900 AUD
AU000000BHP4	Purchase	8	44.8900 AUD
AU000000BHP4	Sale	-790	44.8900 AUD
AU000000BHP4	Purchase	116	44.8900 AUD
AU000000BHP4	Sale	-347,227	44.8900 AUD
AU000000BHP4	Sale	-248	45.0011 AUD
AU000000BHP4	Purchase	1,323	44.8900 AUD
AU000000BHP4	Sale	-913	44.8900 AUD
AU000000BHP4	Sale	-118	44.8900 AUD
AU000000BHP4	Purchase	14,356	44.8900 AUD

(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 references securities	Price per unit
AU000000BHP4	Contract for Difference	Opening Long Position	16,016	44.8900 AUD
US0886061086 (ADR)	Contract for Difference	Opening Short Position	-1	61.4700 USD
US0886061086 (ADR)	Contract for Difference	Closing Short Position	50	61.4700 USD
AU000000BHP4	Contract for Difference	Closing Short Position	304	44.8900 AUD
AU000000BHP4	Contract for Difference	Increasing Long Position	1,629	44.8900 AUD
AU000000BHP4	Contract for Difference	Increasing Short Position	-1,948	44.8900 AUD
US0886061086 (ADR)	Contract for Difference	Reducing Long Position	-4,850	61.4700 USD
AU000000BHP4	Contract for Difference	Reducing Long Position	-63	44.8900 AUD
AU000000BHP4	Contract for Difference	Reducing Long Position	-8	44.8900 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	5,185	44.8900 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	45,586	44.8900 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	6,391	44.8900 AUD
US0886061086 (ADR)	Contract for Difference	Reducing Short Position	399	61.4700 USD
AU000000BHP4	Contract for Difference	Reducing Short Position	8,659	44.8900 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	536	44.8900 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	448	44.8900 AUD
AU000000BHP4	Contract for Difference	Reducing Long Position	-4850	44.8900 AUD

(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
US0886061086 (ADR)	Short Call Option	Reducing Long Position	-15,100	61.4700 USD	american	17/05/2024
AU000000BHP4	Long Put Option	Reducing Long Position	-500,000	44.8900 AUD	european	27/06/2024
AU000000BHP4	Long Put Option	Reducing Long Position	-15,100	44.8900 AUD	european	27/06/2024

(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)

Indemnity and other dealing arrangements

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:	20/05/2024
Contact Name	Compliance Control Room
Telephone Number:	0207 595 9695

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].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

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

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:	BNP Paribas 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	Type e.g. American, European etc.	Expiry date
ADR (US0886061086)	Put Option	P	-56400	61.47	american	15/11/2024
ADR (US0886061086)	Put Option	P	-13500	61.47	american	21/06/2024
ADR (US0886061086)	Put Option	P	-6000	61.47	american	21/06/2024
ADR (US0886061086)	Put Option	W	17500	61.47	american	21/06/2024
ADR (US0886061086)	Put Option	P	-12000	61.47	american	17/01/2025
ADR (US0886061086)	Put Option	P	-158400	61.47	american	17/01/2025
ADR (US0886061086)	Put Option	P	-21100	61.47	american	17/01/2025
ADR (US0886061086)	Put Option	P	-30000	61.47	american	17/01/2025
ADR (US0886061086)	Call Option	W	0	61.47	american	17/05/2024
ADR (US0886061086)	Call Option	W	-3500	61.47	american	21/06/2024
ADR (US0886061086)	Call Option	P	6000	61.47	american	21/06/2024
ADR (US0886061086)	Call Option	P	6000	61.47	american	17/01/2025
ADR (US0886061086)	Call Option	P	3800	61.47	american	17/01/2025
ADR (US0886061086)	Call Option	P	6000	61.47	american	17/01/2025
ADR (US0886061086)	Call Option	P	16800	61.47	american	17/01/2025
ADR (US0886061086)	Call Option	P	18000	61.47	american	17/01/2025
ADR (US0886061086)	Put Option	P	-63800	61.47	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Put Option	W	200000	24	american	20/06/2025
Ordinary NPV (AU000000BHP4)	Put Option	W	80000	24	american	20/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-800000	44.89	european	19/09/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-500000	44.89	european	27/06/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-1000000	44.89	european	20/06/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-750000	44.89	european	27/05/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-200000	44.89	european	15/07/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-550000	44.89	european	28/05/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-9000	24	american	20/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-9000	24	american	20/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-32000	24	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-63000	24	american	20/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-64000	24	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-16000	24	american	20/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-24000	24	american	19/12/2025
Ordinary NPV (AU000000BHP4)	Put Option	P	-4600	39.5415	european	07/08/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-4600	39.4695	european	07/08/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-6200	37.9215	european	13/08/2024
Ordinary NPV (AU000000BHP4)	Put Option	W	125000	24	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Put Option	W	30000	44.89	american	19/06/2025
Ordinary NPV (AU000000BHP4)	Put Option	W	38080	44.89	american	19/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	W	11200	44.89	american	19/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	W	11200	44.89	american	19/12/2024
Ordinary NPV (AU000000BHP4)	Put Option	W	10000	44.89	american	19/09/2024
Ordinary NPV (AU000000BHP4)	Put Option	W	12000	44.89	american	19/09/2024
Ordinary NPV (AU000000BHP4)	Put Option	P	-8000	24	american	20/06/2025
Ordinary NPV (AU000000BHP4)	Call Option	P	4300	48.851	european	22/05/2024
Ordinary NPV (AU000000BHP4)	Call Option	P	36000	24	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Call Option	P	32000	24	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Call Option	P	32000	24	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Call Option	P	72000	24	american	21/06/2024
Ordinary NPV (AU000000BHP4)	Unknown	W	-297706.5	40.8189	european	13/01/2025
Ordinary NPV (AU000000BHP4)	Unknown	W	-304340.4	40.9596	european	14/01/2025
Ordinary NPV (AU000000BHP4)	Unknown	P	522557.28	48.9732	european	11/09/2024
Ordinary NPV (AU000000BHP4)	Unknown	W	-496374.4704	46.8092	european	18/06/2024
Ordinary NPV (AU000000BHP4)	Forward	W	-63200	22.71	european	18/12/2026
Ordinary NPV (AU000000BHP4)	Equity Linked Note		-1000	24	european	20/05/2024

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