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LONDON - BHP Group (NYSE:BHP) Limited, a leading global resources company, has announced the allotment and issuance of 6,416,597 ordinary shares as part of its employee share ownership plans. These shares are to be admitted to the Official List of the Financial Conduct Authority (FCA) and to trading on the Main Market of the London Stock Exchange (LON:LSEG) (LSE). The new shares will rank equally with the existing ordinary shares of the company.
The admission of these shares is expected to take place on April 1, 2025. Following the listing, the total number of shares in issue will be 5,073,901,188. BHP Group has confirmed that none of these shares will be held in treasury and that this figure will represent the total voting rights in the company. Shareholders may use this information for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the company under the FCA’s Disclosure Guidance and Transparency Rules.
This move is part of BHP’s ongoing efforts to involve employees in the ownership of the company, aligning their interests with those of the shareholders. The issuance of shares under employee share ownership plans is a common practice among large corporations, aiming to incentivize performance and retain talent.
The company has authorized Stefanie Wilkinson, General Counsel and Group Company Secretary, for the release of this announcement. This information is based on a press release statement and is intended for the purposes of the London Stock Exchange’s regulations.
Investors and interested parties are advised to follow official announcements and disclosures from BHP Group for further details and updates regarding the company’s financial movements and corporate governance.
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