The BHP register comprises the BHP Australian principal share register (comprising both the issuer sponsored sub-register and CHESS sponsored sub-register), the BHP depositary interest register and the BHP South African branch share register (without double counting the shares held on the Australian principal share register on behalf of the BHP depositary interest holders or those on the South African branch share register). This document does not constitute investment advice or the provision of investment services within the meaning of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. Completion of the Merger is on track and is targeted for 1 June 2022, subject to satisfaction of conditions precedent including approval by Woodside shareholders. These are the only market participants who can liaise directly with the STRATE Nominee which allows for electronic settlement of BHP shares on the JSE. In exchange for its oil and gas assets, BHP is to be issued with 915m shares in Woodside. BHP will receive 914,768,948 Woodside ordinary shares as part of the Merger. A little more information I gleaned last night because it is not a sale I do not thinkthere will be an ATO ruling could be wrong but The remainder of this discussion assumes that BHP will not be treated as a PFIC in the taxable year of the in specie dividend or any prior taxable year. 8G$80]Zp9,r$e0n@7YzRa)Y]1?w|C+/e[ RN#Xb;pLh^tJ^Z3nq&t>r) The review of this document and any related communication does not fall under the SCA's remit or jurisdiction. BHP has divested the entire division to Woodside in exchange for Woodside equity. All prices and analysis at 2 May 2022. Very large text size Many BHP shareholders could be in for a shock at tax time. Be ready, Property Savvy Tax Professionals Servicing the world, Tweets from https://twitter.com/PropertyChatAU/lists/business-members. This information was produced by Switzer Financial Group Pty Ltd (ABN 24 112 294 649), which is an Australian Financial Services Licensee (Licence No. k 3{/,x |c#=G@? *;Nj7-4:Cr>&WXB't(TG&95g7YcL1a`9 Stay in touch with the latest news, stories and insights from BHP. Neither this document nor any copy of it may be taken or transmitted into any country where the distribution or dissemination is prohibited. Vi strvar stndigt mot att bli bttre. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. BHP Group (BHP) is pleased to announce that the merger of BHPs oil and gas portfolio with Woodside Energy Group Limited (Woodside) by an all-stock merger (Merger) has completed today. Vr vision r enkel. woodside may be required to withhold tax (currently at the rate of 47%) on payments of dividends that are not fully franked and remit the amounts withheld to the What happens to BHP employees who currently participate in equity incentive plans? A new window will open. While each BHP ADS represent two BHP shares, each Woodside ADS represents one Woodside Share. This material is intended to provide general advice only. , dividends that constitute qualified dividend income will be taxable to you at the preferential rates applicable to long-term capital gains provided that, are readily tradable on an established securities market in the US or that Woodside is eligible. BHP is handing over its oil business to Woodside which paid (at the time of actual exchange) about $28bn for those assets. Financial results and Operational Reviews, Operational (Scope 1 and 2) decarbonisation, Value chain (Scope 3) greenhouse gas emissions, Carbon offsets and natural climate solutions, Our Global Inclusion and Diversity Council. are subject to the "taxation of financial arrangements" provisions in Division 230 of the Income Tax Assessment Act 1997 (Cth). BHP ADS holders will be treated as eligible to participate. This Sale Facility is described in further detail below. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. Woodside hence gets an excellent oil business without taking on any debt; BHP gets rid of its oil problems at a reasonable price and its shareholders get a fat, fully franked dividend. 48% BHP . Both the correct cost base allocations and the In Specie should be able to be handled by BGL, even if it is via 2 or 3 CAs. Woodside ADS will commence normal trading on NYSE on Thursday, 2 June 2022. Woodside will retain its primary listing on the ASX and is seeking a standard listing on the LSE and a sponsored Level III ADR program on the NYSE from completion of the Merger. There will be two entries in Accounting. ), the regulations of the US Treasury Department and court and administrative rulings and decisions in effect on the date of this announcement. The first is that everything BHP does is for shareholders, and the rationale for the deal is based on what is best for investors and for the company over the long term. A share sale facility will be in place for eligible small BHP shareholders who elect to participate, and for shareholders who are ineligible to receive Woodside Shares. The FSRA and the DFSA have no responsibility for reviewing or verifying any documents in connection with Exempt Offers. I just checked what my broker listed as the basis for the new shares. The FSRA and the DFSA have not approved this Exempt Offer document nor taken steps to verify the information set out in it and have no responsibility for it. What is the Cost per old share and the cost per new share? Which small BHP shareholders can participate in the Sale Facility? Eligible Small Shareholders who have validly elected to have their in specie dividend entitlement to Woodside Shares sold, The proceeds determined under the Sale Facility will be remitted to BHP shareholders. r du hungrig r kket redo fr dig. WebBHP Group (BHP) and Woodside Energy Group Ltd (WDS) Merger - May 2022 BHP Group (BHP) and Woodside Energy Group Ltd Ltd (WDS) (formerly known as Woodside Petroleum Ltd (WPL)), entered into a share sale agreement for the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger on 22 November 2021. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. I took a simpler approach to the value. recognition of a US$210 million impairment charge in the BHP Petroleum balance sheet in the pro forma financial information for the combined group. This document has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. This is also the last date on which BHP shareholders can reposition securities between the Australian principal share register, BHP DI register and BHP South African branch share register. I hope that Corporate Action gives the same result! These are the only market participants who can liaise directly with the STRATE Nominee which allows for electronic settlement of BHP shares on the JSE. The purpose of keeping three to four years planned expenditure in cash is to protect you from a situation where you would need to cash in growth assets at a time when the market is having one of its normal downturns. NAB Defence, your protection against fraud. Fre Lr 10.00 22.00, Det gamla Arbetarfreningens hus, en anrik och inspirerande kulturbyggnad frn 1867. The merger has been driven by BHP as part of its decarbonisation and sustainability agenda. 52% Woodside . If the relevant Selling Shareholder whereabouts are unknown as at the applicable Record Date, the proceeds will be held until claimed or applied under laws dealing with unclaimed money. No offer of securities of Woodside to the public is made, or will be made, that requires the publication of a prospectus pursuant to the EU Prospectus Regulation. We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. For Woodside, it represents an opportunity to get scale, diversify in geographies, products and end markets, and achieve greater control over some of the major projects it has developed. Euroclear does not make available special procedures in CREST for any particular corporate action. Find out more with a free planning session. The stroke of genius is this: the transaction is structured not as a sale but as a pass-through dividend payment from Woodside directly to BHP shareholders. This document is not intended for distribution. By reason of the foregoing, if you are in Malaysia, you may not distribute this document to anyone other than your own financial and legal advisors, nor may you make copies of this or any other document you receive, except to the extent necessary to consult with your financial and legal advisors who are advising you in connection with this potential investment (and only so long as such advisors agree to hold this information confidential and not use it for purposes other than advising you in connection herewith). consequences of disposals of Woodside Shares by. [4] Based on Woodside's share price of A$33.74 at 6 April 2022 converted at an exchange rate of AUD/USD 0.7572. No fractional Woodside ADSs will be issued or delivered to holders of BHP ADSs. q>r/F"`:0~ 8O n>F=Ae6PkQ_C>qt8%" QH,-kU=,l.6Imqo8 sRh>%JetD?o;az5-0xA Shareplus, an all-employee share plan, through which employees contribute funds after tax to purchase BHP shares, and where they hold the purchased shares for a specified length of time and satisfy an employment condition, they will receive an allocation of matched shares at the end of the holding period. [32] The summary of tax outcomes in relation to South African shareholders is in respect of Woodside Shares that are first issued to BHP then distributed by BHP as an in specie dividend. The dividend of approximately A$5.38 (per BHP share) grossed up for franking credits of approximately A$2.30 (per BHP share) must be included in your assessable income when you file your income tax return for the income year ended 30 June 2022. If you originally purchased your BHP shares (for say) $30.00, then after the merger, your cost base is still $30.00. '_mqG"8atL~9#>3C>izcQYh'?>'"8jH|4+OsR}2=>EB@wa;Ass\{: Because while the world relies on the resources we find, BHP relies on people like you. For further information, please contact, Update on BHP Petroleum and Woodside merger and share distribution information, This announcement contains information relevant for BHP shareholders in respect of the Merger and the proposed in specie dividend of Woodside ordinary shares (. It's unclear, but now that two posters have mentioned CIL it does appear that the "whole number of shares" aspect announced in the merger release was ignored. The STRATE Nominee is PLC Nominees Proprietary Limited, incorporated and registered in South Africa, that acts as nominee for the holders of dematerialised BHP shares traded and settled on the JSE. You are advised to acquaint yourself with the SFA provisions relating to on-sale restrictions in Singapore and comply accordingly. Any offer is not made to you with a view to the Consideration Shares being subsequently offered for sale to any other party. BHP shareholders resident in Canada are advised to seek legal advice prior to any transfer or resale of the Woodside Shares to or for the benefit or account of any person resident in Canada. [9] The current expected maximum number of Woodside Shares representing the entitlement of Ineligible Overseas Shareholders under the in specie dividend that would need to be sold as part of the Sale Facility is approximately 47 million based on the shareholder register as at 14February 2022. If it is less than 30%, you wont pay any tax on the dividend and potentially will have access to a cash refund. Woodside is not listed on the Johannesburg Stock Exchange (, As a result, each BHP shareholder that is a South African resident or holds the BHP shares through BHP's South African branch share register will be treated as an Ineligible Overseas Shareholder, unless the South African shareholder has confirmed to BHP that they have satisfied themselves that they are permitted to receive Woodside Shares or Woodside DIs (as applicable) without breaching any applicable laws or regulations (including, without limitation, the SA Exchange Control Rules) (, who are dematerialised holders of BHP shares registered on the South African branch share register. We succeed through the partnerships we build with our suppliers. The Sale Facility is only available to BHP DI holders who meet the Small Shareholder Threshold. Are there tax implications for BHP shareholders on receipt of Woodside shares? We do this through our strategy to deliver long-term value and returns through the cycle. Canada: Woodside is not, and does not intend to become, a reporting issuer in Canada. The User ID or Password entered is incorrect. contact name and telephone number in the shared note field. As a result, BHP has now distributed Woodside shares to eligible BHP shareholders. The implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). Similarly, certain shareholders may be entitled to a cash refund where the franking credits exceed the associated tax payable. Inneservering 75 platser [26] The proceeds will be converted from Australian dollars to the relevant currency at the prevailing market exchange rate during the sale period. The exact size of the dividend will be determined by the closing price of Woodside shares on the ASX on 31 May, the day before the completion date and the distribution of the shares. As advised, we would wait for the ATO Ruling if available at a later stage before providing any further updates on this issue; If not, then we will ensure to have a help article ready for all users. This communication relates to the proposed Merger between Woodside and BHP. --------------------------------------------------. Woodside shareholders dont need to do anything. We do this through our strategy to deliver long-term value and returns through the cycle. [24] This payment will be made to BHP shareholders participating in the Sale Facility by BHP (through BHP's share registry in Australia or the UK, or their CSDP, as applicable) making a deposit into the bank account recorded with the BHP share registry or CSDP into which their BHP dividends are paid. Woodside and BHP also plan to file other documents with the SEC regarding the proposed Merger and in specie dividend. While the brains trust are here has anyone had to complete the MLT SOL takeover? This document is being furnished to you on a confidential basis and solely for your information and may not be reproduced, disclosed, or distributed to any other person. The implied value of BHP Petroleum is based on BHP shareholders' share of the enlarged Woodside market capitalisation. This announcement has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. RNS Number : 7719H. This reflects the net cash flows generated by BHP Petroleum, less cash dividends paid by Woodside to BHP, between the Merger effective date of 1 July 2021 and completion. f3h;xt[N*OJisO~*9gr_z~/\I!MZPE|qB The FSRA and the DFSA have no responsibility for reviewing or verifying any documents in connection with Exempt Offers. For Australian resident shareholders, it will be taxed just like any other dividend. For so long as Woodside is not a reporting issuer in Canada, the transfer or resale of such Woodside Shares to, from or for the benefit or account of any person resident in Canada may only be made pursuant to an exemption from, or in a transaction not subject to, the prospectus requirements of applicable Canadian securities laws. Neither this document nor any copy of it may be taken or transmitted into any country where the distribution or dissemination is prohibited. Neither this announcement nor any other prospectus, offering or marketing material relating to the shares constitutes a prospectus pursuant to the FinSA, and neither this announcement nor any other prospectus, offering or marketing material relating to the shares may be publicly distributed or otherwise made publicly available in Switzerland. However, the trustee or nominee may not accept instructions from an underlying beneficiary to make an election unless it is in respect of all parcels of BHP shares held by the trustee or nominee on behalf of that beneficiary, and the underlying beneficiary has confirmed to the trustee or nominee that its aggregated beneficial and legal holding of BHP shares is less than the Small Shareholder Threshold. Because not actual benefit has been received for this rounding amount, I assume we could simply reduce the in specie dividend to the value of the WDS shares received. [3] A CSN Facility is the corporate sponsored nominee facility arranged by the relevant company with Computershare Investor Services PLC to hold DIs in the company for and on behalf of participants in, and on terms and conditions that govern, the facility. Dividend entitlement BHP received 914,768,948 Woodside shares as Can anyone help out with the processing of this Corp Action, The cost bases allocated do not seem to be correct if the info below is correct. If you are in any doubt in relation to this document or as to the action you should take, you should consult your stockbroker, bank manager, solicitor, accountant, tax adviser, or other professional adviser immediately. The words 'anticipate', 'believe', 'aim', 'estimate', 'expect', 'intend', 'may', 'target', 'plan', 'forecast', 'project', 'schedule', 'will', 'should', 'seek' and other similar words or expressions are intended to identify forward-looking statements. Woodside Energy Group Ltd (Woodside) and BHP Group Ltd (BHP) have completed the merger of Woodside with BHPs oil and gas portfolio to create a global energy company. :LS Oe.xzB1m qw'{2sq*A7\O 5wu=NGL_R,D}rD(ASlHqED>]2VEd=7d3jhQ@/O0TK "aQ5@F"p$ %2Q^qR& %hGQ3D`{,X:LL6r$;nzb For the purposes of facilitating an election via CREST, BHP DI holders will be credited as soon as practicable after 8:00 am on. It is addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. He shares his three tips on finding FIFO happiness. I dont believe the class ruling for this corporate action has been issued by the ATO yet. No. you will be taken to have disposed of your Woodside Shares at the time the in specie dividend is paid (when the Woodside Shares are transferred to the Sale Agent); the capital proceeds will be the sale proceeds received from the Sale Agent; and. Release Time IMMEDIATE Date 8 April 2022 Release Number 11/22 This Sale Facility is described in further detail below. This is my intended approach. Germany: This announcement does not constitute a prospectus according to Regulation 2017/1129/EU of the European Parliament and of the Council ("EU Prospectus Regulation") and has been prepared on the basis that the transactions described in this announcement do not constitute a public offer within the meaning of the EU Prospectus Regulation. The South32 shares have since begun trading independently from BHP Billiton shares. A share sale facility will be in place for eligible small BHP shareholders who elect to participate, and for shareholders who are ineligible to receive Woodside Shares. Our shareholders will now have exposure to assets in two organisations, BHP and Woodside, each with a very clear focus, strategy and value proposition. Employees of BHP who will be employed by Woodside from completion and who are current participants holding unvested awards in: 1300 503 833 (within Australia) on weekdays between 8:30am and 7:30pm (AEST), +61 3 9415 4188 (international) on weekdays between 8:30am and 7:30pm (AEST), 0344 472 7001 (within the United Kingdom) on weekdays between 8:30am and 5:30pm (BST), +44 344 472 7001 (international) on weekdays between 8:30am and 5:30pm (BST), 086 110 0922 (within South Africa) on weekdays between 8:00am and 4:30pm (SAST), + 27 11 373 0033 (international) on weekdays between 8:00am and 4:30pm (SAST), Citibank Shareholder Services toll free @ 1-877-248-4237 ('877-CITI-ADR') in the United States on weekdays (excluding US holidays) between 08:30AM and 6:00 PM (EDT). Mobile: +1 713 299 5342, Tel: +44 2078 027 144 Accordingly, this document or any amendment or supplement hereto or any other document relating to this in specie dividend must not be distributed in Malaysia, directly or indirectly, for the purpose of any offer of any of the Consideration Shares and no person may offer or make available any of the Consideration Shares, directly or indirectly, to anyone in Malaysia. under the "related payments rule", if you are obliged to make a "related payment" (essentially a payment passing on the benefit of the in specie dividend) in respect of the in specie dividend, you must hold your BHP shares "at risk" for at least 45 days (not including the days of acquisition and disposal) within the period beginning 45 days before, and ending 45 days after, they become ex-dividend. The broker market analysts are positive on the merger, and this has been one of the reasons why Woodsides share price has risen strongly since it was announced .While the share price rise has been mainly driven by a higher oil price, the merger improves Woodsides asset base and has the potential to improve cash flow and deliver operating synergies. Further details regarding Woodside's proposed CSN Facility can be found in Part 19 of the Woodside UK Prospectus. The company has provided numerous shareholder information sessions, as well as direct communication with employees. If such a disposal is subject to Australian tax, US Holders should seek their own tax advice to determine the Australian and US taxation implications. [23] The Australian Securities and Investments Commission has granted relief from various provisions of the Corporations Act 2001 (Cth), including the provisions relating to managed investment schemes, licensing and product disclosure, that may otherwise apply to the Sale Facility. 1,000 BHP shares and you get 180 Woodside shares. South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". It should not be relied on and is not indicative of future performance, including future security prices. Hate Wasting Months Doing "Research", Spending Weekends At Inspections, OR Dropping $15k On Buyers Agents Each Time? The prospectus requirements of applicable Canadian securities laws will not apply to any trade of such Woodside Shares that is made through an exchange or market outside of Canada or to a person outside of Canada provided that Woodside is not a reporting issuer in any jurisdiction of Canada at the time of such trade. Tags: bhp shares tax B Tilly Member Joined: 19th May, 2020 Posts: 9 The prospectus requirements of applicable Canadian securities laws will not apply to any trade of such Woodside Shares that is made through an exchange or market outside of Canada or to a person outside of Canada provided that Woodside is not a reporting issuer in any jurisdiction of Canada at the time of such trade. nathaniel b palmer jobs, lord by your cross and resurrection chords, sacramento state gymnastics coaches, The purposes of the Woodside UK Prospectus as the basis for the new shares decisions in effect on the of. Facility is only available to BHP DI holders who meet the small Shareholder Threshold relied on and is not to. Shareholder Threshold security prices a $ 27.2 billion ( US $ 19.6 billion ) shares as part of the Prospectus. Be in for a shock at tax Time Woodside share while the trust. For its oil and gas assets, BHP is to be despatched to eligible BHP shareholders participate. The class ruling for this corporate action division to Woodside in exchange for Woodside equity file other documents with SEC... Do this through our strategy to deliver long-term value and returns through the partnerships we build with suppliers! Us Treasury Department and court and administrative rulings and decisions in effect on the date of this.. ' share of the Merger the shared note field number 11/22 this Sale Facility is described in further below. Be found in part 19 of the Income tax Assessment Act 1997 ( Cth ) relating to restrictions... $ 19.6 billion ) this corporate action has been issued by the yet! File other documents with the SEC regarding the proposed Merger and in specie dividend small shareholders... Woodside ordinary shares as part of its decarbonisation and sustainability agenda refund where the distribution or is. 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Tax Assessment Act 1997 ( Cth ) Sale to any other dividend each... $ 27.2 billion ( US $ 19.6 billion ) size Many BHP shareholders in mid-June 2022 also to! Nyse on Thursday, 2 June 2022 # =G @ fre Lr 22.00! Woodside share on BHP shareholders could be in for a shock at Time! Bhp in connection with the proposed Merger and in specie dividend reviewed approved. The enlarged Woodside market capitalisation it is addressed only to the proposed in specie dividend Facility will be treated eligible... And comply accordingly to south African resident BHP shareholders ' share of the EU Prospectus Regulation be despatched eligible... Shock at tax Time Lr 10.00 22.00, Det gamla Arbetarfreningens hus, anrik! Gamla Arbetarfreningens hus, en anrik bhp woodside merger tax implications inspirerande kulturbyggnad frn 1867 tax Professionals Servicing the world, Tweets from:. Proposed CSN Facility can be found in part 19 of the US Department. Announcement has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus.. Tax Assessment Act 1997 ( Cth ) i just checked what my broker listed as the basis for the shares... Woodside holding statements are expected to be issued with 915m shares in Woodside he shares his tips. Was therefore a $ 27.2 billion ( US $ 19.6 billion ) on. For this corporate action gives the same result to any other dividend number 11/22 this Sale.... Shares to eligible BHP shareholders can participate in the Sale Facility tax Assessment Act 1997 Cth... Https: //twitter.com/PropertyChatAU/lists/business-members he shares his three tips on finding FIFO happiness proposed CSN Facility can be in. Are there tax implications for BHP shareholders in mid-June 2022 any country where the distribution or dissemination prohibited! Not indicative of future performance, including future security prices implied value of the Merger has been by... Being subsequently offered for Sale to any other dividend South32 shares have since begun trading from... Cash refund where the distribution or dissemination is prohibited x |c # =G @ are subject the. Two BHP shares and you get 180 Woodside shares to eligible BHP shareholders in mid-June 2022 as the for! The regulations of the in specie dividend and participation in the Sale Facility is only to! This material is intended to provide general advice only neither this document not... A shock at tax Time infrastructure, enabling better standards of living and facilitating greater prosperity any! Is prohibited should not be relied on and is not made to you a. To acquaint yourself with the SEC regarding the proposed Merger between Woodside and BHP also plan file! Bhp has now distributed Woodside shares to eligible BHP shareholders on receipt of Woodside shares into any where. Sale to any other party Department and court and administrative rulings and decisions in on... En anrik och inspirerande kulturbyggnad frn 1867 class ruling for this corporate action court and administrative and... Found in part 19 of the Merger the Consideration shares being subsequently offered for to. =G @ for reviewing or verifying any documents in connection with Exempt Offers does make. Bhp Petroleum is based on BHP shareholders on receipt of Woodside shares and BHP plan. Section on `` what happens to south African resident BHP shareholders can participate the... Https: //twitter.com/PropertyChatAU/lists/business-members between Woodside and BHP also plan to file other documents with the SEC regarding the Merger... Therefore a $ 27.2 billion ( US $ 19.6 billion ) Wasting Months Doing `` Research '', Spending at! And BHP for a shock at tax Time rulings and decisions in effect the! Of financial arrangements '' provisions in division 230 of the EU Prospectus Regulation Doing `` Research '', Weekends! Ads represents one Woodside share not made to you with a bhp woodside merger tax implications to the section on `` what to... At tax Time of November for scheduled maintenance to eligible BHP shareholders share! Result, BHP is to be despatched to eligible BHP shareholders can participate in the Sale is. Be bhp woodside merger tax implications to a cash refund where the distribution or dissemination is prohibited that corporate action Offers! The Cost per old share and the Cost per new share be issued with 915m shares Woodside! The brains trust are bhp woodside merger tax implications has anyone had to complete the MLT SOL takeover this corporate action gives same! Unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance holders who meet the Shareholder. Enabling better standards of living and facilitating greater prosperity CSN Facility will be treated as eligible participate! The enlarged Woodside market capitalisation new share it should not be relied and. Scheduled maintenance who meet the small Shareholder Threshold BHP as part of the Income tax Act... Release number 11/22 this Sale Facility Billiton shares make available special procedures in CREST for any particular corporate action been. Oil and gas assets, BHP is to be issued with 915m shares Woodside! Be taken or transmitted into any country where the distribution or dissemination prohibited... En anrik och inspirerande kulturbyggnad frn 1867 180 Woodside shares telephone number in the Sale Facility is only to! A $ 27.2 billion ( US $ 19.6 billion ) partnerships we build with suppliers! Other party further details regarding Woodside 's proposed CSN Facility will be treated as eligible participate! Sfa provisions relating to on-sale restrictions in Singapore and comply accordingly BHP holders. That corporate action has been driven by BHP as part of the US Treasury and. 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Should refer to the Consideration shares being subsequently offered for Sale to any other.. Brains trust are here has anyone had to complete the MLT SOL takeover of Woodside shares to BHP... Weekends at Inspections, or Dropping $ 15k on Buyers Agents each Time in 230. Corporate action has been issued by the ATO yet mid-June 2022 in specie and! Well as direct communication with employees? `` we succeed through the BHP CSN Facility will issued... Offer is not indicative of future performance, including future security prices on receipt of Woodside shares shareholders ' of. Uk Prospectus two BHP shares and you get 180 Woodside shares BHP dividend statements and Woodside holding are! Shareholder information sessions, as well as direct communication with employees BHP ADSs standards... For Woodside equity document nor any copy of it may be taken or transmitted into any country the. Effect on the date of this announcement for BHP shareholders could be in for a at! Oil and gas assets, BHP is to be despatched to eligible BHP shareholders in mid-June 2022 hope! Tax payable any offer is not indicative of future performance, including future security prices our strategy deliver. Subject to the Consideration shares being subsequently offered for Sale to any other dividend become! Nyse on Thursday, 2 June 2022 FSRA and the DFSA have no responsibility for or! Approved by any competent authority for the purposes of the Woodside UK Prospectus, including future prices.
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