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BHP Group Limited — Capital/Financing Update 2014
Oct 15, 2014
14787_rns_2014-10-15_e9f7a4bb-c6c3-443b-8d0c-b508a53f53f1.pdf
Capital/Financing Update
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NEWS RELEASE
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Release Time IMMEDIATE Date 16 October 2014 Number 18/14
STANDARD LISTING IN LONDON FOR PROPOSED NEW COMPANY
BHP Billiton today confirmed that it will pursue a Standard listing on the UK Listing Authority’s Official List and admission to trading on the London Stock Exchange for the new company it plans to create via demerger. This is in addition to the proposed primary listing on the Australian Securities Exchange and secondary inward listing on the Johannesburg Stock Exchange.
As previously announced, BHP Billiton plans to create an independent global metals and mining company based on a selection of its high-quality aluminium, coal, manganese, nickel and silver assets. Separating these businesses has the potential to unlock shareholder value by significantly simplifying the BHP Billiton Group and creating two portfolios of complementary assets.
BHP Billiton Chief Executive Officer, Andrew Mackenzie, said: “We are pleased to offer an additional listing in London in response to the interest investors have shown in the new company. We continue to work towards completion of the demerger in the first half of the 2015 calendar year, subject to receipt of the necessary approvals.”
A final Board decision on the demerger will only be made once the necessary Government, taxation, regulatory and other third party approvals are secured on satisfactory terms.
Further information on BHP Billiton can be found at: www.bhpbilliton.com.
Media Relations
Investor Relations
Australia
Emily Perry Tel: +61 3 9609 2800 Mobile: +61 477 325 803 email: [email protected]
Paul Hitchins Tel: + 61 3 9609 2592 Mobile: + 61 419 315 001 email: [email protected]
Eleanor Nichols Tel: +61 3 9609 2360 Mobile: +61 407 064 748 email: [email protected]
United Kingdom
Ruban Yogarajah Tel: +44 20 7802 4033 Mobile: +44 7827 082 022 email: [email protected]
Jennifer White Tel: +44 20 7802 7462 Mobile: +44 7827 253 764 email: [email protected]
Americas
Ruban Yogarajah Tel: +44 20 7802 4033 Mobile: +44 7827 082 022 email: [email protected]
Australia
Tara Dines Tel: +61 3 9609 2222 Mobile: +61 499 249 005 email: [email protected]
Jodie Phillips
Tel: +61 3 9609 2069 Mobile: +61 418 710 516 email: [email protected]
United Kingdom and South Africa
Jonathan Price
Tel: +44 20 7802 4131 Mobile: +44 7990 527 726 email: [email protected]
Dean Simon
Tel: +44 20 7802 7461 Mobile: +44 7717 511 193 email: [email protected]
Americas
James Agar
Tel: +1 212 310 1421 Mobile: +1 347 882 3011 email: [email protected]
Joseph Suarez Tel: +1 212 310 1422 Mobile: +1 646 400 3803 email: [email protected]
BHP Billiton Limited ABN 49 004 028 077 Registered in Australia Registered Office: Level 16, 171 Collins Street Melbourne Victoria 3000 Australia Tel +61 1300 55 4757 Fax +61 3 9609 3015
BHP Billiton Plc Registration number 3196209 Registered in England and Wales Registered Office: Neathouse Place London SW1V 1LH United Kingdom Tel +44 20 7802 4000 Fax +44 20 7802 4111
Members of the BHP Billiton Group which is headquartered in Australia