Form 8.3 - BHP Group Limited

BNP Paribas London

22 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	21/05/2024
(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:	20,883,568	.41	-16,893,262	-.33
(2) Cash-settled derivatives:	3,537,143	.07	-1,294,332	-.03
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	1,290,437	.03	-5,566,721	-.11
TOTAL:	25,711,149	.51	-23,754,315	-.47

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	25	46.0400 AUD
AU000000BHP4	Sale	-2,930	46.0400 AUD
US0886061086 (ADR)	Sale	-12	61.6300 USD
AU000000BHP4	Sale	-96	24.3000 GBP
AU000000BHP4	Purchase	1	46.0400 AUD
AU000000BHP4	Purchase	3,638	46.0400 AUD
US0886061086 (ADR)	Sale	-329	61.6300 USD
AU000000BHP4	Sale	-15,409	46.0400 AUD
AU000000BHP4	Sale	-1,258	24.3000 GBP
AU000000BHP4	Sale	-1,321	46.0400 AUD
US0886061086 (ADR)	Sale	-4,650	61.6300 USD
AU000000BHP4	Sale	-1	46.0400 AUD
AU000000BHP4	Sale	-3,006	24.3000 GBP
AU000000BHP4	Sale	-305	46.0400 AUD
AU000000BHP4	Sale	-1,287	46.0400 AUD
AU000000BHP4	Sale	-3,482	24.3000 GBP
AU000000BHP4	Sale	-52	46.0400 AUD
AU000000BHP4	Sale	-183	46.0400 AUD
AU000000BHP4	Sale	-27	46.0400 AUD
AU000000BHP4	Purchase	86	24.3000 GBP
AU000000BHP4	Sale	-500	46.0400 AUD
AU000000BHP4	Sale	-26	46.0400 AUD
AU000000BHP4	Sale	-100	24.3000 GBP
AU000000BHP4	Sale	-3,025	46.0400 AUD
AU000000BHP4	Sale	-739	46.0400 AUD
AU000000BHP4	Purchase	111	46.0400 AUD
AU000000BHP4	Sale	-80,388	46.0400 AUD
AU000000BHP4	Sale	-52,488	46.0400 AUD
AU000000BHP4	Sale	-1,640	46.0400 AUD
AU000000BHP4	Sale	-260	46.0400 AUD
US0886061086 (ADR)	Purchase	917	61.6300 USD
AU000000BHP4	Purchase	5,000	24.3000 GBP
AU000000BHP4	Sale	-127,646	46.0400 AUD
AU000000BHP4	Sale	-98	46.0400 AUD
AU000000BHP4	Purchase	949	46.0400 AUD
AU000000BHP4	Purchase	1	24.3000 GBP
AU000000BHP4	Sale	-4,073	24.3000 GBP

(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	32,493	46.0400 AUD
AU000000BHP4	Contract for Difference	Opening Long Position	28,784	46.0400 AUD
AU000000BHP4	Contract for Difference	Opening Long Position	10,357	46.0400 AUD
AU000000BHP4	Contract for Difference	Opening Long Position	49,225	46.0400 AUD
AU000000BHP4	Contract for Difference	Opening Long Position	6,787	46.0400 AUD
AU000000BHP4	Contract for Difference	Closing Long Position	-86	24.3000 GBP
AU000000BHP4	Contract for Difference	Closing Short Position	13,530	46.0400 AUD
AU000000BHP4	Contract for Difference	Closing Short Position	1,879	46.0400 AUD
AU000000BHP4	Contract for Difference	Increasing Long Position	52,488	46.0400 AUD
US0886061086 (ADR)	Contract for Difference	Increasing Long Position	4,650	61.6300 USD
AU000000BHP4	Contract for Difference	Increasing Short Position	-1,160	46.0400 AUD
US0886061086 (ADR)	Contract for Difference	Increasing Short Position	-1,150	61.6300 USD
AU000000BHP4	Contract for Difference	Reducing Short Position	393	46.0400 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	234	46.0400 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	3,463	46.0400 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	100	24.3000 GBP
AU000000BHP4	Contract for Difference	Reducing Short Position	3,025	46.0400 AUD
US0886061086 (ADR)	Contract for Difference	Reducing Short Position	233	61.6300 USD
AU000000BHP4	Contract for Difference	Reducing Short Position	-917	46.0400 AUD
AU000000BHP4	Contract for Difference	Increasing Long Position	4650	46.0400 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

(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:	22/05/2024
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 -158400 61.63 american 17/01/2025 ADR (US0886061086) Put Option W 17500 61.63 american 21/06/2024 ADR (US0886061086) Put Option P -21100 61.63 american 17/01/2025 ADR (US0886061086) Put Option P -30000 61.63 american 17/01/2025 ADR (US0886061086) Put Option P -6000 61.63 american 21/06/2024 ADR (US0886061086) Put Option P -63800 61.63 american 21/06/2024 ADR (US0886061086) Put Option P -56400 61.63 american 15/11/2024 ADR (US0886061086) Put Option P -13500 61.63 american 21/06/2024 ADR (US0886061086) Call Option P 18000 61.63 american 17/01/2025 ADR (US0886061086) Call Option P 6000 61.63 american 21/06/2024 ADR (US0886061086) Call Option W -3500 61.63 american 21/06/2024 ADR (US0886061086) Call Option P 16800 61.63 american 17/01/2025 ADR (US0886061086) Call Option P 6000 61.63 american 17/01/2025 ADR (US0886061086) Call Option P 3800 61.63 american 17/01/2025 ADR (US0886061086) Call Option P 6000 61.63 american 17/01/2025 ADR (US0886061086) Put Option P -12000 61.63 american 17/01/2025 Ordinary NPV (AU000000BHP4) Put Option W 10000 46.04 american 19/09/2024 Ordinary NPV (AU000000BHP4) Put Option W 125000 24.3 american 21/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -8000 24.3 american 20/06/2025 Ordinary NPV (AU000000BHP4) Put Option P -800000 46.04 european 19/09/2024 Ordinary NPV (AU000000BHP4) Put Option P -500000 46.04 european 27/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -1000000 46.04 european 20/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -750000 46.04 european 27/05/2024 Ordinary NPV (AU000000BHP4) Put Option P -550000 46.04 european 28/05/2024 Ordinary NPV (AU000000BHP4) Put Option P -200000 46.04 european 15/07/2024 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 P -9000 24.3 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option P -32000 24.3 american 21/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -63000 24.3 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option P -64000 24.3 american 21/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -24000 24.3 american 19/12/2025 Ordinary NPV (AU000000BHP4) Put Option P -16000 24.3 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option P -9000 24.3 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 11200 46.04 american 19/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 38080 46.04 american 19/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 30000 46.04 american 19/06/2025 Ordinary NPV (AU000000BHP4) Put Option W 11200 46.04 american 19/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 12000 46.04 american 19/09/2024 Ordinary NPV (AU000000BHP4) Put Option W 200000 24.3 american 20/06/2025 Ordinary NPV (AU000000BHP4) Put Option W 80000 24.3 american 20/12/2024 Ordinary NPV (AU000000BHP4) Call Option P 36000 24.3 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 32000 24.3 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 32000 24.3 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 72000 24.3 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 4300 48.851 european 22/05/2024 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) Forward W -63200 22.71 european 18/12/2026 Ordinary NPV (AU000000BHP4) Unknown W -496374.4704 46.8092 european 18/06/2024 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