Notice of Dividend Currency Exchange Rate SA Rand

RNS Number : 2794M

BHP Group PLC

04 January 2019

 

Group Governance

4 January 2019

To:	JSE Limited
	London Stock Exchange

Notice of Dividend Currency Exchange Rate (South African Rand)

2019 Special Dividend

Name of entity

BHP Group Plc

REG NO  3196209

On 17 December 2018, the Board of BHP determined to pay a special dividend of 102 US cents per share.

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 4 January 2019 and is set out below:

Dividend 102 US cents per share	Exchange rate	Dividend per ordinary share in local currency
South African cents	14.15510	1,443.82020

The exchange rates applicable to the BHP dividend being paid in other currencies will be based on the foreign currency exchange rates on the Record Date, being 11 January 2019, 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 9 January 2019 and 11 January 2019, both dates inclusive, nor will transfers between the UK register and the South African register be permitted between the dates of 4 January 2019 and 11 January 2019, both dates inclusive.

The dividend will be paid on 30 January 2019.

Geof Stapledon

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 288.76404 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 1,115.05616 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 17 December 2018.

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 of only direct application to shareholders on the South African branch register.

7.         Exchange control approval has been granted for the Special dividend.

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

PO Box 61051

Marshalltown 2107

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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