BHP Bonus Share Issue
BHP Limited
27 June 2001
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement,
application for quotation of additional securities
and agreement
Information or documents not available now must be given to ASX as soon as
available. Information and documents given to ASX become ASX's property and
may be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000.
Name of entity
BHP LIMITED
ACN, ARBN or ARSN
004 028 077
We (the entity) give ASX the following information.
1.1 Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough
space).
1 +Class of Fully Paid Ordinary Shares
+securities issued
or to be issued
2 Number of 1,911,925,288 (as adjusted by rounding of
+securities issued fractional entitlements)
or to be issued
(if known) or
maximum number
which may be
issued
3 Principal terms of N/A
the +securities
(eg, if options,
exercise price and
expiry date; if
partly paid
+securities, the
amount outstanding
and due dates for
payment; if
+convertible
securities, the
conversion price
and dates for
conversion)
4 Do the +securities The additional securities rank equally in all
rank equally in respects with existing ordinary securities from
all respects from the date of allotment.
the date of
allotment with an
existing +class of
quoted
+securities?
If the additional
securities do not
rank equally,
please state:
* the date
from which they do
* the extent
to which they
participate for
the next dividend,
(in the case of a
trust,
distribution) or
interest payment
* the extent
to which they do
not rank equally,
other than in
relation to the
next dividend,
distribution or
interest payment
5 Issue price or The additional securities are bonus shares for
consideration whose issue no consideration is payable. The
bonus shares will not be issued by way of
capitalisation of profits.
Purpose of the The bonus issue is associated with the dual-listed
issue companies business combination between BHP Limited and
6 Billiton Plc and will ensure that the dividend,
(If issued as capital and voting rights of one Billiton ordinary
consideration for share will be equivalent to the dividend, capital and
the acquisition of voting rights of one BHP ordinary share once the
assets, clearly business combination becomes effective.
identify those
assets)
7 Dates of 9 July 2001
entering
+securities into (Except in the case of bonus shares issued in
uncertificated respect of partly paid shares issued on or after
holdings or 25 July 1996, in which case the bonus shares
despatch of will be issued when the partly paid shares are
certificates fully paid.)
Number +Class
8 Number and 3,708,016,749 Ordinary shares
+class of all fully paid
+securities
quoted on ASX
(including the
securities in
clause 2 if
applicable)
Number +Class
9 Number and 36,292,150 Employee Share Plan
+class of all Options
+securities not
quoted on ASX Ordinary shares paid
(including the 385,000 to 71c
securities in
clause 2 if
applicable)
3,656,500 Ordinary shares paid
to 67c
2,794,024
Performance Share
Plan Performance
Rights
10 Dividend policy The additional securities will participate fully
(in the case of in future dividends.
a trust,
distribution
policy) on the
increased
capital
(interests)
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval No
required?
12 Is the issue renounceable or Non-renounceable
non-renounceable?
13 Ratio in which the +securities 1.0651 additional shares for every
will be offered share held
14 +Class of +securities to which Ordinary shares
the offer relates
15 +Record date to determine 5 July 2001
entitlements
16 Will holdings on different No
registers (or subregisters) be
aggregated for calculating
entitlements?
17 Policy for deciding entitlements Fractional entitlements will be rounded
in relation to fractions up, provided that if BHP and Billiton
reasonably believe that holdings have
been manipulated, any fractional
entitlements arising from such holdings
may be rounded down.
18 Names of countries in which the N/A
entity has +security holders who
will not be sent new issue
documents
Note: Security holders must be
told how their entitlements are
to be dealt with.
Cross reference: rule 7.7.
19 Closing date for receipt of N/A
acceptances or renunciations
20 Names of any underwriters N/A
21 Amount of any underwriting fee or N/A
commission
22 Names of any brokers to the issue N/A
23 Fee or commission payable to the N/A
broker to the issue
24 Amount of any handling fee N/A
payable to brokers who lodge
acceptances or renunciations on
behalf of +security holders
25 If the issue is contingent on N/A
+security holders' approval, the
date of the meeting
26 Date entitlement and acceptance N/A
form and prospectus will be sent
to persons entitled
27 If the entity has issued options, Details of the bonus issue were
and the terms entitle option contained in the Explanatory Memorandum
holders to participate on dated 12 April 2001, a copy of which
exercise, the date on which was provided to all optionholders.
notices will be sent to option
holders
28 Date rights trading will begin N/A
(if applicable)
29 Date rights trading will end (if N/A
applicable)
30 How do +security holders sell N/A
their entitlements in full
through a broker?
31 How do +security holders sell N/A
part of their entitlements
through a broker and accept for
the balance?
32 How do +security holders dispose N/A
of their entitlements (except by
sale through a broker)?
33 +Despatch date 9 July 2001
(Except in the case of bonus shares
issued in respect of partly paid shares
issued on or after 25 July 1996, in
which case the bonus shares will be
issued when the partly paid shares are
fully paid.)
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of
securities
34 Type of securities
(tick one)
(a) (ticked) Securities described in Part 1
(b) All other securities
Example: restricted securities at the end of the escrowed
period, partly paid securities that become fully paid,
employee incentive share securities when restriction
ends, securities issued on expiry or conversion of
convertible securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
(If the additional securities do not form a new class, go to 43)
Tick to indicate you are providing the information or documents
35 The names of the 20 largest holders of the additional +securities,
and the number and percentage of additional +securities held by
those holders
36 A distribution schedule of the additional +securities setting out
the number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional +securities
(now go to 43)
Entities that have ticked box 34(b)
38 Number of securities for which +quotation is sought
39 Class of +securities for which quotation is sought
40 Do the +securities rank equally in all respects from the
date of allotment with an existing +class of quoted
+securities?
If the additional securities do not rank equally, please
state:
* the date from which they do
* the extent to which they participate for the next
dividend, (in the case of a trust, distribution) or
interest payment
* the extent to which they do not rank equally, other
than in relation to the next dividend, distribution or
interest payment
41 Reason for request for quotation now
Example: In the case of restricted securities, end of
restriction period
(if issued upon conversion of another security, clearly
identify that other security)
Number +Class
42 Number and +class of all +securities quoted on ASX
(including the securities in clause 38)
(now go to 43)
1.2 All entities
Fees
43 Payment method (tick one)
Cheque attached
Electronic payment made
Note: Payment may be made electronically if Appendix 3B is given to
ASX electronically at the same time.
Periodic payment as agreed with the home branch has been arranged
Note: Arrangements can be made for employee incentive schemes that
involve frequent issues of securities.
Quotation agreement
1 +Quotation of our additional +securities is in ASX's absolute discretion.
ASX may quote the +securities on any conditions it decides
2 We warrant to ASX that the issue of the +securities to be quoted complies
with the law and is not for an illegal purpose, and that there is no reason
why those +securities should not be granted +quotation. We warrant to ASX
that an offer of the +securities for sale within 12 months after their issue
will not require disclosure under section 707(3) of the Corporations Law.
3 We will indemnify ASX to the fullest extent permitted by law in respect of
any claim, action or expense arising from or connected with any breach of the
warranties in this agreement.
4 We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before
+quotation of the +securities begins. We acknowledge that ASX is relying on
the information and documents. We warrant that they are (will be) true and
complete.
Sign here Karen Wood Date:....26 June 2001
(Company Secretary)
Print name Karen Wood
Latest directors dealings
- 9 hours ago Savannah Energy
- 10 hours ago Buccaneer Energy PLC
- 10 hours ago Savannah Energy
- 11 hours ago Carclo
- 11 hours ago Schroder Japan Growth Fund