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BHP Group Limited — Capital/Financing Update 2015
Jul 6, 2015
14787_rns_2015-07-06_d9b39edc-3080-4ae0-84fc-ff041bab9077.pdf
Capital/Financing Update
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Company Secretariat
7 July 2015
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BHP Billiton Limited BHP Billiton Plc 171 Collins Street Neathouse Place Melbourne Victoria 3000 Australia London SW1V 1LH UK GPO BOX 86 Tel +44 20 7802 4000 Melbourne Victoria 3001 Australia Fax + 44 20 7802 4111 Tel +61 1300 55 47 57 Fax +61 3 9609 3015 bhpbilliton.com bhpbilliton.com
To: Australian Securities Exchange London Stock Exchange
cc: New York Stock Exchange JSE Limited
Demerger of South32 Remittance of proceeds to Selling Shareholders and Ineligible Overseas Shareholders
| Name of entities | BHP | Billiton Limited | BHP Billiton Plc |
|---|---|---|---|
| ABN | 49 004 028 077 | Registration Number 3196209 |
BHP Billiton advises that following completion of the demerger of South32, the sale of the South32 Shares attributable to Selling Shareholders (being Small Shareholders who elected to participate in the Sale Facility) and Ineligible Overseas Shareholders, as detailed in section 7.12 of the Shareholder Circular dated 16 March 2015, has been completed.
Goldman Sachs Australia Pty Limited was engaged as the Sale Agent.
The volume-weighted average price (VWAP) of the South32 Shares sold was A$2.07358452.
The following table details the currency exchange rates applicable to the remittance of proceeds from the sale of the South32 Shares:
| VWAP of South32 Shares | Exchange rate | Price of South32 | Share sold |
|---|---|---|---|
| sold A$2.07358452 | in local currency | ||
| US cents | 0.7705 | 159.769687 | |
| British pence | 0.4895 | 101.501962 | |
| New Zealand cents | 1.1335 | 235.040805 | |
| South African cents | 9.3500 | 1938.801526 |
Proceeds will be distributed to participating Small Shareholders and Ineligible Overseas Shareholders on 10 July 2015 in the currency elected in the Selling Shareholder’s or Ineligible Overseas Shareholder’s standing dividend currency election, or if an election was not made before the relevant Record Date, in the currency in which the Selling Shareholder is paid their BHP Billiton dividend.
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Rachel Agnew
Company Secretary
BHP Billiton Limited ABN 49 004 028 077 Registered in Australia Registered Office: 171 Collins Street Melbourne Victoria 3000
BHP Billiton Plc Registration number 3196209 Registered in England and Wales Registered Office: Neathouse Place, London SW1V 1LH United Kingdom
The BHP Billiton Group is headquartered in Australia