REG - FTSE Russell - BHP Group Plc

BHPAnnouncement

02/12/2021 19:00

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RNS Number : 4391U  FTSE Russell  02 December 2021

 

BHP Group Plc (UK) and BHP Group Ltd (Australia): Unification of Share
Structure

Informative Notice

02 December 2021

 

FTSE Russell notes the announcement from BHP Group in relation to the
simplification of its corporate structure whereby BHP Group Plc and BHP Group
Ltd will unify to create a single legal entity. Shareholders in BHP Group Plc
(UK, BH0P3Z9, FTSE 100 Index, GEIS Large Cap) will receive one share in BHP
Group Ltd (Australia, 6144690, GEIS Large Cap) in exchange for every share
held.  BHP Group Ltd is expected to retain its nationality assignment of
Australia within the FTSE Russell indices, in accordance with
the Determining Nationality guidelines
(https://research.ftserussell.com/products/downloads/determining_nationality.pdf)
.

Subject to shareholder approval and based on the current expected timetable,
FTSE Russell anticipates the following treatment:

Wednesday 26 January 2022 (at market close):

Publication of the ranking results for the replacement for BHP Group Plc
within its fixed indices (e.g. FTSE 100 Index).

Friday 28 January 2022:

Last day of trading of BHP Group Plc.

Monday 31 January 2022 (from market open):

BHP Group Plc will be deleted from all FTSE Russell indices (including from
the FTSE UK Index Series).

The unified BHP Group Ltd will commence trading and will be retained within
its existing FTSE Russell indices, with its shares increased in accordance
with the unification terms.

FTSE Russell will issue further notices confirming index treatment in due
course.

 

Note: FTSE Russell is reviewing the impact to the Australia Domestic Index
products and will make further announcements in due course.

 

 

 For further information please contact FTSE Russell Client Services at
 info@ftserussell.com or call:

Australia  +1800 653 680
 Hong Kong  +852 2164 3333
 Japan      +81 3 4563 6346
 London     +44 (0) 20 7866 1810
 New York   +1866 551 0617

 

 Alternatively please visit our website at www.ftserussell.com

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 © 2021 FTSE Russell

 

 

Alternatively please visit our website at www.ftserussell.com

Terms of Use (http://www.ftserussell.com/legal/website-terms-use) | Copyright
© 2021 FTSE Russell

 

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