NEW ISSUE ANNOUNCEMENTS

28th May 2002

 

ASX Appendix 3B - Application for Quotation of Additional Securities

 

Please find following a copy of a notice to the Australian Stock Exchange in accordance with Appendix 3B of it's listing rules for the information of your local market.

 

 

Karen Wood - Company Secretary

 

 

 

 

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement,

application for quotation of additional securities

and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000.

 

Name of entity

BHP BILLITON LIMITED

ACN, ARBN or ARSN

004 028 077

We (the entity) give ASX the following information.

 

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1

+Class of +securities issued or to be issued

Fully Paid Ordinary Shares

     

2

Number of +securities issued or to be issued (if known) or maximum number which may be issued

16,123,828 (excluding shares bought back & cancelled)

OR

11,989,206 (net of buyback cancellations)

     

3

Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

Not applicable

 

 

 

 

 

     

4

Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?

If the additional securities do not rank equally, please state:

  • the date from which they do
  • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
  • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

The additional securities rank equally in all respects with existing quoted securities from the date of allotment or, in the case of Executive Share Scheme shares, from the date of payment of the final call amount.

     

5

Issue price or consideration

  1. Executive Share Scheme:
  2. 80,000 @ $10.65 a share paid to sixty seven cents.

    55,000 @ $ 8.41 a share paid to sixty seven cents.

    68,500 @ $ 9.85 a share paid to sixty seven cents.

    105,000 @ $10.98 a share paid to sixty seven cents.

    311,500 @ $13.58 a share paid to sixty seven cents.

    138,000 @ $16.68 a share paid to sixty seven cents.

    35,000 @ $19.61 a share paid to sixty seven cents.

    80,000 @ $18.23 a share paid to sixty seven cents.

    135,000 @ $16.22 a share paid to sixty seven cents.

    330,000 @ $15.99 a share paid to sixty seven cents.

    65,000 @ $13.52 a share paid to seventy one cents.

  3. Employee Share Plan:
  4. 204,500 @ $18.51 a share

    72,500 @ $19.42 a share

    30,000 @ $18.52 a share

    344,500 @ $15.55 a share

    241,000 @ $15.56 a share

    200,000 @ $18.96 a share

    2,078,584 @ $15.32 a share

    125,500 @ $18.97 a share

    1,377,764 @ $15.33 a share

    54,500 @ $14.73 a share

    62,500 @ $14.74 a share

    547,000 @ $15.72 a share

    2,000 @ $17.05 a share

    782,500 @ $15.73 a share

    25,000 @ $17.06 a share

    316,000 @ $15.55 a share

    1,410,750 @ $15.56 a share

    6,846,230 @ $ 1.00 a share

  5. 4,134,622 shares were purchased and cancelled under the company's on-market buy back program

     

6

Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

 

 

 

 

 

  1. The purpose and terms of issue in respect of the Executive Share Scheme are contained in the Explanatory Booklet (previously forwarded).
  2. Allotment of 7,874,598 shares issued as a result of exercised options to shareholders participating in the Company's Employee Share Plan in accordance with the terms and conditions of the Plan.
  3. Allotment of 6,846,230 shares issued as a result of exercised options in consideration of the July 2001 BHP Billiton DLC Merger 1.0651 for 1 Bonus Issue to shareholders participating in the Company's Employee Share Plan & Executive Share Scheme.
  4. Employee Share Plan: The purpose and terms of issue in respect of the Employee Share Plan are contained in the Explanatory Booklet (previously forwarded).
  5. On-market buyback undertaken for capital management purposes (refer Appendix 3C lodged 8 February 2001)
     

7

Dates of entering +securities into uncertificated holdings or despatch of certificates

 

  1. Executive Share Scheme: 17 April 2001 to
    13 March 2002.
  2. Employee Share Plan Options: 2 April 2001 to 28 March 2002.
  3. On-market buy back shares cancelled: 24 September 2001 to 4 October 2001.
     
   

Number

+Class

8

Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)

3,714,129,241

Ordinary shares fully paid

     
   

Number

+Class

9

Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable)

42,236,802



320,000


2,728,500


7,476,327

Employee Share Plan Options


Ordinary shares paid to 71 cents

Ordinary shares paid to 67 cents

Performance Share Plan Performance Rights

     

10

Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

The additional securities will participate fully in future dividends

 

Part 2 - Bonus issue or pro rata issue

11

Is security holder approval required?

Not Applicable

     

12

Is the issue renounceable or non-renounceable?

Not Applicable

     

13

Ratio in which the +securities will be offered

Not Applicable

     

14

+Class of +securities to which the offer relates

Not Applicable

     

15

+Record date to determine entitlements

Not Applicable

     

16

Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?

Not Applicable

     

17

Policy for deciding entitlements in relation to fractions

Not Applicable

     

18

Names of countries in which the entity has +security holders who will not be sent new issue documents

Note: Security holders must be told how their entitlements are to be dealt with.

Cross reference: rule 7.7.

Not Applicable

     

19

Closing date for receipt of acceptances or renunciations

Not Applicable

     

20

Names of any underwriters

 

Not Applicable

     

21

Amount of any underwriting fee or commission

Not Applicable

     

22

Names of any brokers to the issue

 

Not Applicable

     

23

Fee or commission payable to the broker to the issue

Not Applicable

     

24

Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of +security holders

Not Applicable

     

25

If the issue is contingent on +security holders' approval, the date of the meeting

Not Applicable

     

26

Date entitlement and acceptance form and prospectus will be sent to persons entitled

Not Applicable

     

27

If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders

Not Applicable

     

28

Date rights trading will begin (if applicable)

Not Applicable

     

29

Date rights trading will end (if applicable)

 

Not Applicable

     

30

How do +security holders sell their entitlements in full through a broker?

Not Applicable

     

31

How do +security holders sell part of their entitlements through a broker and accept for the balance?

Not Applicable

     

32

How do +security holders dispose of their entitlements (except by sale through a broker)?

Not Applicable

     

33

+Despatch date

 

Not Applicable

 

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34

Type of securities

(tick one)

(a)

ü

Securities described in Part 1

     

(b)

 

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

(If the additional securities do not form a new class, go to 43)

Tick to indicate you are providing the information or documents

   

35

N/A

The names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders

     

36

N/A

A distribution schedule of the additional +securities setting out the number of holders in the categories

1 - 1,000

1,001 - 5,000

5,001 - 10,000

10,001 - 100,000

100,001 and over

     

37

N/A

A copy of any trust deed for the additional +securities

(now go to 43)

Entities that have ticked box 34(b)

38

Number of securities for which +quotation is sought

Not Applicable

     

39

Class of +securities for which quotation is sought

Not Applicable

     

40

Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?

If the additional securities do not rank equally, please state:

  • the date from which they do
  • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
  • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

Not Applicable

     

41

Reason for request for quotation now

Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another security, clearly identify that other security)

Not Applicable

     

 

   

Number

+Class

42

Number and +class of all +securities quoted on ASX (including the securities in clause 38)

Not Applicable

 

(now go to 43)

All entities

Fees

43

Payment method (tick one)

 

Cheque attached

     
 

Electronic payment made

Note: Payment may be made electronically if Appendix 3B is given to ASX electronically at the same time.

     
 

Periodic payment as agreed with the home branch has been arranged

Note: Arrangements can be made for employee incentive schemes that involve frequent issues of securities.

 

ü

To be invoiced

Quotation agreement

1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX may quote the +securities on any conditions it decides.

2 We warrant to ASX that the issue of the +securities to be quoted complies with the law and is not for an illegal purpose, and that there is no reason why those +securities should not be granted +quotation. We warrant to ASX that an offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) of the Corporations Law.

3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

 

Sign here: ............................................................ Date: ............................

(Director/Deputy Company Secretary)

 

Print name: .........................................................

BHP Billiton Limited ABN 49 004 028 077
Registered in Australia
Registered Office: 600 Bourke Street Melbourne Victoria 3000
Telephone +61 3 9609 3333 Facsimile +61 3 9609 3015

BHP Billiton Plc Registration number 3196209
Registered in England and Wales
Registered Office: 1-3 Strand London WC2N 5HA United Kingdom
Telephone +44 20 7747 3800 Facsimile +44 20 7747 3900

The BHP Billiton Group is headquartered in Australia