BHP Billiton PLC BLT Notice of Change of Interests - K Wood

  BHP Billiton PLC (BLT) - Notice of Change of Interests - K Wood

RNS Number : 7904N
BHP Billiton PLC
03 October 2012




Company
Secretariat
3 October 2012



To: Australian Securities Exchange cc: New York Stock Exchange
    London Stock Exchange              JSE Limited



                    Notification of Change of Interests of

                Persons Discharging Managerial Responsibility

     (Listing Rules & Disclosure and Transparency Rules of the UK Listing
                                  Authority)



Name of entities BHP Billiton Limited BHP Billiton Plc
                  ABN 49 004 028 077  REG NO 3196209



As part of a dual listed company structure, the Group voluntarily notifies all
stock exchanges on which either BHP Billiton Limited or BHP Billiton Plc have
primary or secondary listings, all those interests of directors and persons
discharging managerial responsibilities of both entities in the securities of
both entities (and changes to those interests) which are required to be
disclosed under the Listing Rules and Disclosure and Transparency Rules of the
United Kingdom Listing Authority and the Group's Securities Dealing document.



We (the entities) advise the following information under the UK Listing
Authority Disclosure and Transparency Rule 3.1.4 and as agent for the person
discharging managerial responsibilities in accordance with the Group's
Securities Dealing document.



Name of person discharging    Ms K J Wood
managerial responsibilities
Date of last notice           3 April 2012
Date issuer informed of       3 October 2012
transaction
Date and place of transaction 2 & 3 October 2012 (Australian Securities
                              Exchange)
Nature of transaction         The acquisition of 90,000 ordinary shares in BHP
                              Billiton Limited following the exercise of
                              Performance Shares under the 2007 Long Term
                              Incentive Plan and 23,197 ordinary shares in BHP
                              Billiton Limited following the exercise of
                              Deferred Shares under the 2010 Group Incentive
                              Scheme. Ms Wood also placed an on-market sale of
                              60,000 ordinary shares on the Australian
                              Securities Exchange, made in order to meet
                              expected tax obligations. In addition, Ms Wood
                              has transferred 10,000 ordinary shares by an
                              off-market transfer (disposal) to a family
                              member.



Part 1 - Change of relevant interests in securities



Included in this Part are:

· in the case of a trust, interests in the trust made available by the
responsible entity of the trust;

· details of the circumstance giving rise to the relevant interest;

· details and estimated valuation if the consideration is non-cash; and

· changes in the relevant interest of Connected Persons of the director.



   Direct or indirect interest    Indirect/Direct
Nature of indirect interest       Ms Wood has an indirect interest in 63,320
                                  ordinary shares in BHP Billiton Limited as
(including registered holder)     follows:

                                  (i) 63,000 ordinary shares in BHP
                                  Billiton Limited registered in the name of
                                  Sloan Wood Superannuation Fund. The Trustees
                                  of this private superannuation fund are K
                                  Wood and A Sloan; and

                                  (ii) 320 ordinary shares in BHP Billiton
                                  Limited held by Computershare Nominees on
                                  behalf of Shareplus participants as Acquired
                                  Shares under the scheme. Shareplus is an all
                                  employee share purchase plan of the BHP
                                  Billiton Group.
Date of change                    2 & 3 October 2012
No. of securities held prior to   206,364 (Direct)
change
                                  63,320 (Indirect)
Class                             Ordinary Shares in BHP Billiton Limited
Number acquired                   113,197
Number disposed                   60,000 (disposal)

                                  10,000 (transfer)
Value/Consideration               Exercise of 113,197 at nil cost

                                  Sale of 60,000 at $33.53 per share

                                  Transfer of 10,000 shares at nil
No. of securities held after      249,561 (Direct)
change
                                  63,320 (Indirect)
Nature of change                  The acquisition of 90,000 ordinary shares in
                                  BHP Billiton Limited following the exercise
Example: on-market trade,        of Performance Shares under the 2007 Long
off-market trade, exercise of     Term Incentive Plan and 23,197 ordinary
options, issue of securities      shares in BHP Billiton Limited following the
under dividend reinvestment plan, exercise of Deferred Shares under the 2010
participation in buy-back         Group Incentive Scheme. Ms Wood also placed
                                  an on-market sale of 60,000 ordinary shares
                                  on the Australian Securities Exchange, made
                                  in order to meet expected tax obligations.
                                  In addition, Ms Wood has transferred 10,000
                                  ordinary shares by an off-market transfer
                                  (disposal) to a family member.
Any additional information        In addition, Ms Wood has elected to cease
                                  contributions to Shareplus.

Part 2 - Change of interests in contracts other than as described in Part 3



Included in this Part are:



· only details of a contract in relation to which the interest has changed;
and

· details and estimated valuation if the consideration is non-cash.



Detail of contract                                                    -


Nature of interest                                                   -


Name of registered holder                                             -

(if issued securities)
No. and class of securities to which interest related prior to change -
Interest acquired                                                     -


Interest disposed                                                     -


Value/Consideration                                                   -


Interest after change                                                 -





Part 3 - Change of interests in options or other rights granted by the
entities



Included in this Part are only details of options or other rights granted
which have changed, save for the total number of securities over which options
or other rights are held following this notification.



Date of grant                                                                -


Period during which or date on which exercisable                             -
Total amount paid (if any) for the grant                                     -


Description of securities involved:                                          -

class; number
Exercise price (if fixed at time of grant) or indication that price is to be -
fixed at time of exercise

Part 3 - Change of interests in options or other rights granted by the
entities (cont'd)



Total number of securities  425,027 - maximum number of Performance Shares
over which options or other (ordinary shares of BHP Billiton Limited) under
rights held at the date of  the LTIP
this notice
                            

                            64,187 - vested LTIP Performance Shares (ordinary
                            shares of BHP Billiton Limited)

                            

                            28,539 - maximum number of Deferred Shares
                            (ordinary shares of BHP Billiton Limited) under
                            the GIS

                            

                             320 - maximum number of Matched Shares
                            (ordinary shares of BHP Billiton Limited) under
                            Shareplus

                            _________

                            518,073 - Total

                            

                            
Any additional information  This notification is in respect of an exercise of
                            vested 2007 Performance Shares (90,000) under the
                           BHP Billiton Limited Long Term Incentive Plan and
                            the exercise of vested 2010 Deferred Shares
                            (23,197) under the BHP Billiton Limited Group
                            Incentive Scheme.





Part 4 - Contact details



Name of authorised officers          Nicola Evans - BHP Billiton Limited
responsible for making this
notification on behalf of the        
entities
                                     Geof Stapledon - BHP Billiton Plc
Contact details                      Nicola Evans Tel: +61 3 9609
                                     4326

                                      Fax: +61
                                    3 9609 4372

                                    

                                     Geof Stapledon Tel: +44 20 7802
                                     4176

                                      Fax: +44
                                     20 7802 3054







BHP Billiton Limited ABN 49 004 028
077 BHP
Billiton Plc Registration number 3196209
Registered in
AustraliaRegistered
in England and Wales

Registered Office:180 Lonsdale Street, Melbourne Victoria 3000
AustraliaRegistered Office: Neathouse Place, London
SW1V 1BH UK




Members of the BHP Billiton Group which is headquartered in Australia



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


RDSLIFSSIRLVIIF -0- Oct/03/2012 06:00 GMT