Form 8.3 - BHP Group Limited

BNP Paribas London

15 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	14/05/2024
(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:	21,366,049	.42	-14,443,693	-.28
(2) Cash-settled derivatives:	3,382,171	.07	-1,522,709	-.03
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	1,320,637	.03	-6,412,041	-.13
TOTAL:	26,068,858	.51	-22,378,443	-.44

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	2,172	43.1500 AUD
AU000000BHP4	Purchase	42	43.1500 AUD
AU000000BHP4	Sale	-37	43.1500 AUD
AU000000BHP4	Purchase	2,038	23.2800 GBP
AU000000BHP4	Purchase	313	43.1500 AUD
AU000000BHP4	Sale	-316	43.1500 AUD
AU000000BHP4	Purchase	38,226	23.2800 GBP
AU000000BHP4	Purchase	1,255	43.1500 AUD
AU000000BHP4	Sale	-15,249	43.1500 AUD
AU000000BHP4	Purchase	1,962	23.2800 GBP
AU000000BHP4	Sale	-2,501	43.1500 AUD
AU000000BHP4	Sale	-1,123	43.1500 AUD
AU000000BHP4	Sale	-95,772	23.2800 GBP
AU000000BHP4	Purchase	28	43.1500 AUD
AU000000BHP4	Purchase	763	43.1500 AUD
AU000000BHP4	Sale	-2,000	43.1500 AUD
AU000000BHP4	Sale	-556	43.1500 AUD
AU000000BHP4	Purchase	14,470	43.1500 AUD
US0886061086 (ADR)	Purchase	13	58.7900 USD
AU000000BHP4	Purchase	777	43.1500 AUD
AU000000BHP4	Purchase	16	43.1500 AUD
US0886061086 (ADR)	Sale	-6,817	58.7900 USD
AU000000BHP4	Sale	-25,000	23.2800 GBP
AU000000BHP4	Purchase	3,070	23.2800 GBP
AU000000BHP4	Sale	-14,096	23.2800 GBP
AU000000BHP4	Purchase	126	43.1500 AUD
AU000000BHP4	Sale	-3,791	23.2800 GBP
US0886061086 (ADR)	Sale	-4,265	58.7900 USD
AU000000BHP4	Sale	-12,569	43.1500 AUD
AU000000BHP4	Purchase	1,290	43.1500 AUD
US0886061086 (ADR)	Sale	-190	58.7900 USD
AU000000BHP4	Sale	-29	43.1500 AUD
US0886061086 (ADR)	Sale	-150	58.7900 USD
AU000000BHP4	Purchase	1	43.1500 AUD
AU000000BHP4	Sale	-179,794	43.1500 AUD
AU000000BHP4	Purchase	237	43.1500 AUD
AU000000BHP4	Purchase	18	43.1500 AUD
US0886061086 (ADR)	Purchase	23,000	58.7900 USD
AU000000BHP4	Purchase	11,591	43.1500 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
US0886061086 (ADR)	Contract for Difference	Closing Long Position	-13	58.7900 USD
AU000000BHP4	Contract for Difference	Closing Short Position	21,404	43.1500 AUD
AU000000BHP4	Contract for Difference	Closing Short Position	13,325	43.1500 AUD
AU000000BHP4	Contract for Difference	Closing Short Position	18,253	43.1500 AUD
AU000000BHP4	Contract for Difference	Closing Short Position	118,046	43.1500
AU000000BHP4	Contract for Difference	Closing Short Position	6,748	43.1500
AU000000BHP4	Contract for Difference	Increasing Long Position	15,249	43.1500 AUD
AU000000BHP4	Contract for Difference	Increasing Long Position	3,791	23.2800 GBP
AU000000BHP4	Contract for Difference	Increasing Short Position	-2,038	23.2800 GBP
AU000000BHP4	Contract for Difference	Increasing Short Position	-1,290	43.1500 AUD
US0886061086 (ADR)	Contract for Difference	Increasing Short Position	-100	58.7900 USD
AU000000BHP4	Contract for Difference	Reducing Long Position	-313	43.1500 AUD
AU000000BHP4	Contract for Difference	Reducing Long Position	-38,226	23.2800 GBP
AU000000BHP4	Contract for Difference	Reducing Long Position	-126	43.1500 AUD
US0886061086 (ADR)	Contract for Difference	Reducing Long Position	-22,950	58.7900 USD
AU000000BHP4	Contract for Difference	Reducing Short Position	2,501	43.1500 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	2,003	43.1500 AUD
AU000000BHP4	Contract for Difference	Reducing Short Position	15	43.1500 AUD
AU000000BHP4	Contract for Difference	Reducing Long Position	-22,962	43.1500 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
AU000000BHP4	Call Option	Selling	-407,217	58.79	American	17/01/2025	N/A

(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:	15/05/2024
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 -6000 58.79 american 21/06/2024 ADR (US0886061086) Put Option P -63800 58.79 american 21/06/2024 ADR (US0886061086) Put Option P -21100 58.79 american 17/01/2025 ADR (US0886061086) Put Option P -12000 58.79 american 17/01/2025 ADR (US0886061086) Put Option P -158400 58.79 american 17/01/2025 ADR (US0886061086) Put Option P -30000 58.79 american 17/01/2025 ADR (US0886061086) Put Option P -56400 58.79 american 15/11/2024 ADR (US0886061086) Put Option P -13500 58.79 american 21/06/2024 ADR (US0886061086) Call Option P 6000 58.79 american 21/06/2024 ADR (US0886061086) Call Option W -3500 58.79 american 21/06/2024 ADR (US0886061086) Call Option P 6000 58.79 american 17/01/2025 ADR (US0886061086) Call Option P 6000 58.79 american 17/01/2025 ADR (US0886061086) Call Option P 3800 58.79 american 17/01/2025 ADR (US0886061086) Call Option P 16800 58.79 american 17/01/2025 ADR (US0886061086) Call Option P 18000 58.79 american 17/01/2025 ADR (US0886061086) Call Option P 30200 58.79 american 17/05/2024 ADR (US0886061086) Put Option W 17500 58.79 american 21/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -63000 23.28 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option P -32000 23.28 american 21/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -64000 23.28 american 21/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -16000 23.28 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option P -24000 23.28 american 19/12/2025 Ordinary NPV (AU000000BHP4) Put Option P -4600 39.5415 european 07/08/2024 Ordinary NPV (AU000000BHP4) Put Option P -6200 37.9215 european 13/08/2024 Ordinary NPV (AU000000BHP4) Put Option P -4600 39.4695 european 07/08/2024 Ordinary NPV (AU000000BHP4) Put Option P -8000 23.28 american 20/06/2025 Ordinary NPV (AU000000BHP4) Put Option P -800000 43.15 european 19/09/2024 Ordinary NPV (AU000000BHP4) Put Option P -1000000 43.15 european 20/06/2024 Ordinary NPV (AU000000BHP4) Put Option P -800000 43.15 european 16/05/2024 Ordinary NPV (AU000000BHP4) Put Option P -750000 43.15 european 27/05/2024 Ordinary NPV (AU000000BHP4) Put Option P -200000 43.15 european 15/07/2024 Ordinary NPV (AU000000BHP4) Put Option P -550000 43.15 european 28/05/2024 Ordinary NPV (AU000000BHP4) Put Option W 30000 43.15 american 19/06/2025 Ordinary NPV (AU000000BHP4) Put Option W 38080 43.15 american 19/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 11200 43.15 american 19/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 11200 43.15 american 19/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 12000 43.15 american 19/09/2024 Ordinary NPV (AU000000BHP4) Put Option W 10000 43.15 american 19/09/2024 Ordinary NPV (AU000000BHP4) Put Option P -9000 23.28 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option P -9000 23.28 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 80000 23.28 american 20/12/2024 Ordinary NPV (AU000000BHP4) Put Option W 200000 23.28 american 20/06/2025 Ordinary NPV (AU000000BHP4) Put Option W 125000 23.28 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 4300 48.851 european 22/05/2024 Ordinary NPV (AU000000BHP4) Call Option P 32000 23.28 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 72000 23.28 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 36000 23.28 american 21/06/2024 Ordinary NPV (AU000000BHP4) Call Option P 32000 23.28 american 21/06/2024 Ordinary NPV (AU000000BHP4) Unknown W -544320 37.679 european 24/04/2025 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) Unknown W 0 46.554 european 14/05/2024 Ordinary NPV (AU000000BHP4) Forward W -63200 22.71 european 18/12/2026 Ordinary NPV (AU000000BHP4) Equity Linked Note -1000 23.28 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