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SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

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FORM 6-K

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REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

December 20, 2013

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Indicate by check mark whether the registrant files or will

file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F   X            Form 40-F      

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):      

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):      

 

Indicate by check mark whether the registrant by furnishing the

information contained in this form is also thereby furnishing the

information to the Commission pursuant to Rule 12g3-2(b) under the

Securities Exchange Act of 1934.

Yes            No   X  

 

If "Yes" is marked, indicate below the file number assigned to the

registrant in connection with Rule 12g3-2(b): 82-.

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Company Secretariat

20 December 2013

To:
Australian Securities Exchange
London Stock Exchange

cc:
New York 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 ABN 49 004 028 077
BHP Billiton Plc 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 managerial responsibilities:
Mr P Beaven
Date of last notice:
23 August 2013
Date issuer informed of transaction:
19 December 2013 & 20 December 2013
Date and place of transaction:
19 December 2013 (place of transaction not applicable for new awards) &
20 December 2013 (Australian Securities Exchange for acquisition and sale)
Nature of transaction:
Award of Performance Shares under the Long Term Incentive Plan (“LTIP”), of Deferred Shares under the Group Short Term Incentive Plan (“GSTIP”), of Deferred Shares under the Group Incentive Scheme (“GIS”) and of GMC Transitional Awards.
The acquisition of 10,002 ordinary shares in BHP Billiton Limited following the exercise of 10,002 Options under the 2009 GSTIP. In addition, an on-market sale of 10,002 ordinary shares on the Australian Securities Exchange, made in order to fund the cost of exercise of the GSTIP Options.

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:
Direct
Nature of indirect interest(including registered holder):
Mr Beaven also has an indirect interest in 236 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.
No change to the indirect interest
Date of change:
20 December 2013
No. of securities held prior to change:
182,919 (Direct)
236 (Indirect)
Class:
Ordinary Shares in BHP Billiton Limited
Number acquired:
10,002
Number disposed:
10,002
Value/Consideration:
Exercise of 10,002 at $38.41 per option
Sale of 10,002 at $36.86 per share (average)
No. of securities held after change:
182,919 (Direct)
236 (Indirect)
Nature of change (Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back):
Please see “Nature of transaction” above.
Any additional information:
Mr Beaven’s spouse also holds 1,446 ordinary shares in BHP Billiton Limited.

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:
19 December 2013
Period during which or date on which exercisable:
LTIP Performance Shares
– August 2018
GSTIP Deferred Shares
– August 2015
GIS Deferred Shares
– August 2015
Transitional GMC Awards
– August 2016 (Tranche One)
– August 2017 (Tranche Two)
Total amount paid (if any) for the grant:
—
Description of securities involved (class; number):
102,176 Performance Shares (BHP Billiton Limited) under the LTIP
12,082 Deferred Shares (BHP Billiton Limited) under the GSTIP
2,423 Deferred Shares (BHP Billiton Limited) under the GIS
18,245 Transitional GMC Awards (Tranche One) (BHP Billiton Limited)
18,245 Transitional GMC Awards (Tranche Two) (BHP Billiton Limited)
Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise:
Nil

Total number of securities over which options or other rights held at the date of this notice
BHP Billiton Limited:
102,176
–maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
2,423
–maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the GIS
36,490
–maximum number of Transitional GMC Awards (over ordinary shares of BHP Billiton Limited)
25,838
–maximum number of Deferred Shares (over ordinary shares of BHP Billiton Limited) under the GSTIP
65,950
–maximum number of Restricted Shares (over ordinary shares of BHP Billiton Limited) under the MAP
45,000
–vested LTIP Performance Shares (over ordinary shares of BHP Billiton Limited)
236
–maximum number of Matched Shares (ordinary shares of BHP Billiton Limited) under Shareplus
________
278,113
–Total
Any additional information:
This notification is in respect of the award of Performance Shares under the LTIP, Deferred Shares under the GSTIP, Deferred Shares under the GIS, Transitional GMC Awards and the exercise of previously vested 2009 Options (10,002) under the BHP Billiton Limited GSTIP.

Part 4 – Contact details

Name of authorised officers responsible for making this notification on behalf of the entities:
Nicole Duncan
–BHP Billiton Limited
Geof Stapledon
–BHP Billiton Plc
Contact details:
Nicole Duncan
Tel: +61 3 9609 2917
Fax: +61 3 9611 1044
Geof Stapledon
Tel: +44 20 7802 4176
Fax: +44 20 7802 3054

BHP Billiton Limited ABN 49 004 028 077
Registered in Australia
Registered Office:
171 Collins Street,
Melbourne Victoria 3000 Australia

BHP Billiton Plc Registration number 3196209
Registered in England and Wales
Registered Office:
Neathouse Place,
London SW1V 1BH UK

Members of the BHP Billiton Group which is headquartered in Australia

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	BHP Billiton Limited (ABN 49 004 028 077) BHP Billiton Plc (REG. NO. 3196209)
Date : December 20, 2013	By:		/s/ Jane McAloon
	Name:		Jane McAloon
	Title:		Group Company Secretary