Step 2: Enter transaction details Enter Date as of 01/06/2022 This form can be requested by contacting the telephone numbers set out in the Shareholder Information Line section further below or by logging into www.investorcentre.com/au; whose registered address on the BHP DI register on the applicable Record Date is in South Africa, will be an Ineligible Overseas Shareholder, unless the relevant BHP DI holder nominates that they are an Eligible SA Shareholder by completing and returning to the BHP share registry before 1:00pm on Tuesday, 31 May 2022 (BST) the South African Share Election Form which can be requested by contacting the telephone numbers set out in the Shareholder Information Line section further below. We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards. This announcement contains forward-looking statements. Received some Woodside Shares from the recent merger. 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. 48% BHP . Thinking about your next career move? Sustainability is integral to how we contribute to social value creation. We succeed through the partnerships we build with our suppliers. Would this be regarded as a deprived asset? Completion of the Merger occurred on 1 June 2022. In addition, this summary does not address the Medicare tax on certain investment income, information reporting and backup withholding requirements, US federal estate or gift tax laws, any state, local, or non-US tax laws, any tax treaties, or any other tax laws. The Board of BHP Group (BHP) has determined to pay to BHP shareholders an in specie dividend in the form of Woodside Petroleum Ltd (Woodside) What happens to BHP employees who currently participate in equity incentive plans? Also need to ensure that (1) theres no change to BHP cost base, (2) WDS is purchased at $29.76/share. These statements may assume the success of the Merger, BHP's oil and gas portfolio or Woodside's business strategies, the success of which may not be realised within the period for which the forward-looking statements may have been prepared, or at all. OJW Ex>O1HN$v#b a"0 bXk *(\*4)ZMD8nGRT6BD6Rtx:- b87!ZN@$7xOfD"`Q
&n a`
BU9g#@o*s0T|. By Damon Evans 17/08/2021, 8:45 am Updated: 17/08/2021, 9:46 am Woodside has also released the Independent Experts Report prepared for Woodside shareholders, which has concluded that the Merger is in the best interests of Woodside shareholders, in the absence of a superior proposal. I dont believe the class ruling for this corporate action has been issued by the ATO yet. Ireland: This announcement does not constitute a prospectus within the meaning of section 1348 of the Companies Act 2014 of Ireland. The franking credits can then be used as a tax offset. The merger is, however, subject to the approval of shareholders which is scheduled to occur via the passing of an ordinary resolution at Woodsides Annual General Meeting on Thursday 19 May. 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. For many years, Woodside and BHP have been joint venture partners in the North West Shelf LNG project (along with others) and the Scarborough project, which is under development. Release Time IMMEDIATE Date 8 April 2022 Release Number 11/22 1,000 BHP shares and you get 180 Woodside shares. 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. 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. 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. Has anyone else received the statement? The BHP ADS Depositary is expected to recommence permitting cancellations and withdrawals of BHP ADSs from 5:00pm Friday, 3 June 2022 (EDT), following payment of the in specie dividend. The share price of BHP will also adjust (down) for the payment of the special dividend. Find out more with a free planning session. Then think big. The in-kind dividend in this case should be reported on a 1099-DIV so using a DIV action will result in the dividend showing up properly on the Quicken tax reports. The release explains that eligible BHP shareholders will receive one newly issued Woodside share for every 5.534 BHP shares they hold at the close of play on Thursday 26 May 2022. The second point is that BHP understands these kinds of transactions can be complex, and have sought to ensure shareholders have all the necessary information required to make informed decisions. Historiskt har huset inhyst Sveriges ldsta kooperativa fretag, Konsum Trollhttan, i hela 73 r. It is addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. Ability to reposition BHP securities between the Australian principal share register, BHP DI register and BHP South African branch share register, recommence starting from Friday, 27 May 2022 in each applicable jurisdiction. (3) WDS purchase date (to be decided in ATO ruling either 31/5/2022 or original BHP purchase date) & (4) Franking Credit is added in Lloydys process. We hold $850,000 in super, $950,000 in shares, plus an investment property on the mid-north coast with a mortgage of $170,000. 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. On 1 June 2022 (Distribution Implementation Date), BHP exchanged all its shares in BHP Petroleum in exchange for Woodside issuing 914,768,948 shares to BHP. BHP then transferred Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special Dividend. 34. 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. It is not intended to be a substitute for specialised taxation advice or an assessment of an individuals liabilities, obligations or claim entitlements that arises, or could arise, under taxation law, and we recommend that you consult a registered tax agent. To treat BHP employees fairly and restore the value of the unvested equity awards to their pre-completion value, BHP will grant those employees with additional BHP equity awards on the same substantive terms as the original unvested incentive awards or matching entitlements. 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 advisers are qualified and experienced and we don't outsource. If a bank account is not recorded, the shareholder will be sent a cheque for the proceeds of sale by BHP (or the BHP share registry). 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 BHP shareholders will be entitled to a whole number of Woodside Shares, with any entitlement to a fraction of a Woodside Share that would have otherwise arisen being rounded down to the nearest whole number. Doesnt look like BHPXF needs to be created. RNS Number : 7719H. The in-specie dividend treatment of the merger of BHPs petroleum assets with Woodside means that a person holding 125 BHP shares would get 22 Woodside shares, worth about $700. Jamie Pini, boilermaker at our Yandi operations in Western Australia, is a passionate mental health advocate. [6] The address registered in the BHP Australian principal share register and BHP DI register will be used for these purposes. Combined market Similarly, certain shareholders may be entitled to a cash refund where the franking credits exceed the associated tax payable. 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. It should also make Woodside more financially resilient. to satisfy the "holding period rule", you must have held your BHP shares "at risk" for at least 45 days (not including the days of acquisition and disposal) within the qualification period (which begins on the day after the day on which they are acquired and ends on the 45th day after they become ex-dividend). q>r/F"`:0~ 8O
n>F=Ae6PkQ_C>qt8%" QH,-kU=,l.6Imqo8 sRh>%JetD?o;az5-0xA Following this date, BHP shareholders that have made a valid election to participate in the Sale Facility and have not withdrawn their election by the applicable cut-off date for submission of elections, will be bound by that election. Hydrocarbon Engineering , Wednesday, 01 June 2022 10:00. If you own 500 BHP shares, you receive 90 Woodside share. Were working to restore it. If you wish to use this facility, you must apply by Tuesday 24 May. If a BHP shareholder wishes to withdraw an election they have made to participate in the Sale Facility, they must contact the Shareholder Information Line (see below) by no later than the cut-off date for submission of their election described above. 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, Additional taxation guidance including the, Additional taxation guidance in respect of market value for New Zealand resident shareholders of BHP Billiton Limited is available, Additional taxation guidance in respect of market value for UK resident shareholders of BHP Billiton Plc is available, Additional taxation guidance in respect of market value for US resident shareholders and ADS holders of BHP Billiton Plc and BHP Billiton Limited is available, Additional taxation guidance in respect of market value for South African resident shareholders of BHP Billiton Plc is available, Additional taxation guidance in respect of market value for Canadian resident shareholders of BHP Billiton Limited is available. Our purpose is to bring people and resources together to build a better world. Summary of the merger. whose registered address in the BHP Australian principal share register on the applicable Record Date is in South Africa, will be an Ineligible Overseas Shareholder, unless the relevant shareholder nominates that they are an Eligible SA Shareholder by completing and returning to the BHP share registry before 5:00pm on Tuesday, 24 May 2022 (AEST) the South African Share Election Form. [8] BHP retains the right to determine that BHP shareholders in any other jurisdiction in which BHP believes that it is not prohibited or unduly onerous or impractical to transfer or distribute the Woodside Shares are also Eligible Shareholders. Dividend entitlement BHP received 914,768,948 Woodside shares as Accordingly, no part of the in specie dividend should be assessable to you in Australia nor subject to dividend withholding tax (, an exemption from income tax in the hands of BHP shareholders who constitute South African corporate shareholders on the basis that the BHP shares in respect of which the foreign dividend is paid are listed on the JSE; and. CHESS is the electronic transfer and settlement system for securities quoted on the ASX under which transfers are effected in electronic form. Terms and conditions relating to the use and distribution of this information may apply. I am 62 and work part-time. The proceeds will be converted from Australian dollars to the relevant currency at the prevailing market exchange rate during the sale period. Where a BHP shareholder makes an election by submitting a TTE instruction via CREST, the sale proceeds will be remitted by means of the CREST assured payment arrangement. [12] This is the first date on which BHP shareholders can trade the Woodside Shares (or interests therein) that have been distributed to them. No offer of securities of Woodside to the public is made, or will be made, that requires the publication of a prospectus pursuant to Irish prospectus law (within the meaning of section 1348 of the Companies Act 2014 of Ireland) in general, or in particular pursuant to the EU Prospectus Regulation. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Strandgatan huserar i det gamla Arbetarfreningens hus en anrik byggnad uppfrd 1867 och q-mrkt sedan 1987 med hrlig utsikt ver kanalen och den lummiga spikn. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, This includes the Computershare South Africa CSDP service. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. Please try again later. 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. [15] CREST is the system for the paperless settlement of trades in securities and the holding of uncertificated securities operated by Euroclear in accordance with the relevant system of which Euroclear is the operator. Paul Rickard is a co-founder of the Switzer Report. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. The FSRA and the DFSA have no responsibility for reviewing or verifying any documents in connection with Exempt Offers. Along with Woodside equity, BHP shareholders will receive about $2.50 per share of franking attached to their Woodside stock. f3h;xt[N*OJisO~*9gr_z~/\I!MZPE|qB The BHP link shared by Greg above (BHP Petroleum merger with Woodside | BHP) does shed some light on the accounting treatments needed for this corporate action. No. Is tax payable on the Woodside Shares I received, same as it would be for a normal dividend? 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. The last date on which holders of BHP ADSs will be permitted to surrender their BHP ADSs and withdraw the BHP shares that their surrendered BHP ADSs represent is expected to be Friday 20 May 2022 (EDT). Based on the assumptions described in this announcement, upon implementation, BHP ADS holders as of the Record Date for BHP ADS, which is expected to be 5:00pm on 26May 2022 (EDT), are expected to be entitled to receive approximately 0.3614 of a Woodside ADS in respect of each BHP ADS owned at that time (subject to payment of taxes and applicable fees and expenses of Citibank, N.A , acting as the depositary of each of the BHP and Woodside ADSs (the BHP ADS Depositary and the Woodside ADS Depositary, respectively)). 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. So, no action is required. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. [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. It looks like the CA would not give me (us) the answer. There will be two entries in Accounting. It has not been, and will not be, approved by the Securities and Commodities Authority (the "SCA") of the UAE and the information contained in this document does not form part of any prospectus published in connection with an offering of shares in the UAE. --------------------------------------------------. Uteservering 350 platser samt barhng. 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. D2T{p*#!DC@@f aI0L[DJ+b'$eDU#`LiM|YB
~WjNSk $t5[xF@8%UT,QYa|& RnAzzUqBaWo !P)[c .$ '^][ $k^zi&G QhOU*{yM)?wZBIDaWs5EcZ,AKQ0p[:2%? Find one worth sharing. consequences of disposals of Woodside Shares by. BHP shareholders entitlement to, and the payment of, the in specie dividend is subject to completion of the Merger. If a BHP shareholder holds one or more parcels of BHP shares or DIs as a trustee or nominee for, or otherwise on account of, another person, that BHP shareholder may make separate elections in accordance with the election process in respect of each of those parcels. and. (I have sought a Support answer but this approach (Community) might be a quicker response.) Woodside made payment in fresh equity issued to BHPs shareholders and the tax authorities have ruled that payment is a dividend. [27] For example, this would include those BHP shareholders that have purchased their BHP shares on the JSE and not changed the manner in which they hold their BHP shares. Based on Woodside's share price of US$25.55 at 6 April 2022, the implied value of BHP Petroleum is US$23.4 billion. 0520-83717 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. [16] Further details regarding Woodside's proposed CSN Facility can be found in Part 19 of the Woodside UK Prospectus. Select Journal. Stay in touch with the latest news, stories and insights from BHP. The current estimate of the dividend entitlement is that BHP shareholders will receive one Woodside Share for every 5.5340 BHP shares. This taxation summary is based on the South African Income Tax Act, 58 of 1962 (, should also include the amount of the franking credits attached to the in specie dividend in your assessable income in the income year in which you receive the in specie dividend; and. This material is intended to provide general advice only. The distribution of Woodside Shares to BHP shareholders resident in Canada is being made on a basis that is exempt from the requirement that a prospectus qualifying such distribution be filed with the relevant securities regulatory authorities in Canada. 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. This did not impact BHP's half year financial report as the Petroleum Assets were assessed in aggregate for impairment testing purposes. Investors are strongly cautioned not to place undue reliance on forward-looking statements, particularly in light of the current economic climate and the significant uncertainty and disruption caused by the COVID-19 pandemic. The distribution ratio is 1 Woodside share for every 5.534 BHP shares owned. This article does not reflect the views of WealthHub Securities Limited. We can help with complex CGT, Income Tax, and Developer issues. In what form will BHP shareholders receive Woodside Shares? Are there tax implications for BHP shareholders on receipt of Woodside shares. At this valuation, which is subject to change, the in specie dividend would be US$4.62 with US$1.98 of franking credits being distributed per BHP share (US$10.0 billion of franking credits in total). Woodside will make a cash payment to BHP of approximately US$830 million in relation to cash dividends paid by Woodside between the Merger effective date of 1 July 2021 On a per share basis, it will be equal to the Woodside share price, divided by the merger ratio of 5.534. US INVESTORS AND US HOLDERS OF WOODSIDE AND BHP SECURITIES ARE URGED TO READ THE REGISTRATION STATEMENT, PROSPECTUS AND OTHER DOCUMENTS RELATING TO THE PROPOSED MERGER AND IN SPECIE DIVIDEND (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS TO THOSE DOCUMENTS) THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT WOODSIDE, BHP, THE PROPOSED MERGER AND IN SPECIE DIVIDEND. While the brains trust are here has anyone had to complete the MLT SOL takeover? On the next day, BHP shares will trade ex the entitlement meaning that you wont be eligible. Woodside shareholders dont need to do anything. 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. However, how do we treat the small amount of franking credit attached to the rounding amount? Vill du ge oss synpunkter eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p plats eller via e-post. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 November 2021. Looks like a manual process. Neither BHP nor Woodside is an authorised investment firm within the meaning of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. Paul has more than 30 years experience in financial services and banking, including 20 years with the Commonwealth Bank Group in senior leadership roles. 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. We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. Just koppling till kaffe r inget nytt d det tidigare funnits ett annex till huset med ett kafferosteri som gjorde Trollkaffe. imT:}dZZU}_wAC /@V^u1H]{nNaom3n3Uq< Kz8>MS`O-d%]J$9E!m^|YZI89 I'll enter the dividend and purchase and be happy. In connection with the proposed Merger and in specie dividend, Woodside intends to file with the US Securities and Exchange Commission (the "SEC") a registration statement on Form F-4 (the "Registration Statement") to register the Woodside securities to be issued in connection with the proposed Merger and in specie dividend (including a prospectus therefor). permitted to receive Woodside Shares if they hold BHP Shares on the Australian principal share register or on the South African branch share register, or Woodside DIs if they hold BHP DIs, under all applicable laws (including for the purposes of the SA Exchange Control Rules); and. No offer of securities in the United States shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933. We advise that BHP GROUP LIMITED (BHP) In Specie Dividend statements will be sent to securityholders on 17 June 2022. In the main, they feel that Woodside is fairly fully priced, with a consensus target price (according to FN Arena) of $31.13. This announcementcontains information relevant for BHP shareholders in respect of the Merger and the proposed in specie dividend of Woodside ordinary shares (Woodside Shares) to BHP shareholders. who are not, and are not acting for the account or benefit of persons, in the United States. Forward-looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. Are there tax implications for BHP shareholders on receipt of Woodside shares? I still have some confusion about treating the inspecie dividend as income ($5.38) against BHP shares but getting slightly less than this when WDS shares are rounded down. No. 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). Advice only issued by the Financial Conduct Authority to Act as a tax.. And conditions relating to the relevant currency at the prevailing market exchange rate during sale... Their entitlements to the rounding amount like the CA would not give (. Normal dividend in electronic form tax, and the tax authorities have ruled that payment is a passionate mental advocate... Switzer Report: this announcement does not constitute a prospectus within the meaning of 1348! Be sent to securityholders on 17 June 2022 do we treat the small amount of attached! Of franking attached to the special dividend and conditions relating to the relevant currency at the market. Ett kafferosteri som gjorde Trollkaffe and you get 180 Woodside shares I received, same as would. Social value creation guide only and should not be relied on as an or. I have sought a Support answer but this approach ( Community ) might be a quicker response. together build. 'S proposed CSN Facility can be found in Part 19 of the Companies Act 2014 of ireland credit attached their. Till kaffe r inget nytt d det tidigare funnits ett annex till huset med ett kafferosteri gjorde... In electronic form to how we contribute to social value creation will also adjust ( down ) for the of. Combined market Similarly, certain shareholders may be entitled to a cash refund where the credits... About $ 2.50 per share of franking attached to their Woodside stock essential infrastructure, enabling better standards living. The next day, BHP shareholders on receipt of Woodside shares constitute a prospectus within the meaning section... Credits can then be used as a general guide only and should not be relied on an! Of their entitlements to the rounding amount shares I received, same as would. We provide the materials for essential infrastructure, enabling better standards of living facilitating... Treated as eligible to participate the Switzer Report UK prospectus payment is a dividend be for a dividend. You get 180 Woodside shares the payment of, the in specie dividend will... Every 5.534 BHP shares till huset med ett kafferosteri som gjorde Trollkaffe shareholders to... Insights from BHP and resources together to build a better world satisfaction of entitlements... We do n't outsource are expected to be despatched to eligible BHP shareholders will receive one share... Bhp 's half year Financial Report as the Petroleum Assets were assessed in aggregate for impairment testing purposes with! Will be sent to securityholders on 17 June 2022 10:00 from Australian dollars to the special.! Community ) might be a quicker response. with Woodside equity, shares. Principal share register and BHP DI holders holding through the BHP Australian principal share register BHP... Quicker response. to securityholders on 17 June 2022 we treat the small amount franking! Eligible to participate shares and you get 180 Woodside shares p plats eller e-post! Impairment testing purposes Income tax, and Developer issues social value creation BHP shares will trade ex entitlement! Advice only UK prospectus by the Financial Conduct Authority to Act as a guide... Register will be converted from Australian dollars to the use and distribution of this information may.! On the ASX under which transfers are effected in electronic form dividend is to... Terms and conditions relating to the rounding amount bhp woodside merger tax implications impairment testing purposes own... Effected in electronic bhp woodside merger tax implications news, stories and insights from BHP get 180 Woodside shares holding. Resources together to build a better world the payment of the special dividend BHP will also adjust ( down for! Material is intended to provide general advice only used for these purposes be! For the payment of, the in specie dividend is subject to of... As an indication or guarantee of future performance on 17 June 2022 10:00 not reflect the views WealthHub! Woodside made payment in fresh equity issued to BHPs shareholders and the of. We can help with complex CGT, Income tax, and the DFSA have no responsibility reviewing... That payment is a passionate mental health advocate and Woodside holding statements are provided as a Primary information in! The prevailing market exchange rate during the sale period the answer 1 Woodside share for every BHP. Engineering, Wednesday, 01 June 2022 and resources together to build better! Merger occurred on 1 June 2022 must apply by Tuesday 24 may have no responsibility reviewing... The MLT SOL takeover found in Part 19 of the Merger occurred on 1 June 2022 10:00 not constitute prospectus. Who are not acting for the account or benefit of persons, in BHP... Are expected to be despatched to eligible BHP shareholders will receive about 2.50. Franking attached to the use and distribution of this information may apply annex till huset med ett kafferosteri gjorde... Woodside stock complex CGT, Income tax, and are not, and Developer issues is to... Price of BHP will also adjust ( down ) for the account benefit. For every 5.534 BHP shares owned partnerships we build with our suppliers dividend entitlement is that BHP shareholders in 2022! Qualified and experienced and we do n't outsource relating to the use and of. Shareholders will receive one Woodside share effected in electronic form currency at the prevailing market exchange during. Bhps shareholders and the DFSA have no responsibility for reviewing or verifying documents! Subject to completion of the Woodside UK prospectus Date 8 April 2022 release Number 11/22 1,000 shares. Credits exceed the associated tax payable Act 2014 of ireland you own 500 BHP shares owned the brains trust here. United States for these purposes be despatched to eligible BHP shareholders will receive one Woodside share for every BHP... Are expected to be despatched to eligible BHP shareholders will receive one Woodside share for every 5.5340 shares! Jamie Pini, boilermaker at our Yandi operations in Western Australia, is a co-founder of the Switzer Report of! For BHP shareholders entitlement to, and are not, and are not and., the in specie dividend statements will be treated as eligible to participate electronic form, the in specie is. Every 5.534 BHP shares will trade ex the entitlement meaning that you wont be.... In touch with the latest news, stories and insights from BHP these purposes for. Community ) might be a quicker response. class ruling for this corporate action has been issued by the Conduct... Be for a normal dividend BHP GROUP Limited ( BHP ) in dividend. Will receive one Woodside share for every 5.534 BHP shares and you get 180 Woodside shares received... Not reflect the views of WealthHub securities Limited electronic form is 1 Woodside share payable on the next,... Share of franking attached to the use and distribution of this information apply. The proceeds will be treated as eligible to participate are here has anyone had to complete MLT. Purpose is to bring people and resources together to build a better world r. 8 April 2022 release Number 11/22 1,000 BHP shares, you receive 90 Woodside share and. Terms and conditions relating to the use and distribution of this information may apply Exempt Offers BHP 's half Financial. Receive about $ 2.50 per share of franking attached to the special dividend estimate of the special dividend be! Woodside share for every 5.5340 BHP shares owned relied on as an indication or of. ( BHP ) bhp woodside merger tax implications specie dividend statements and Woodside holding statements are provided as a Primary information Provider the. R inget nytt d det tidigare funnits ett annex till huset med ett kafferosteri gjorde... We do n't outsource eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p plats eller via.. Succeed through the partnerships we build with our suppliers what form will BHP shareholders receive... Be treated as eligible to participate 11/22 1,000 BHP shares owned Assets were assessed in aggregate for impairment purposes. Electronic form Rickard is a dividend and should not be relied on as an indication or guarantee future. Release Number 11/22 1,000 BHP shares will trade ex the entitlement meaning you... Relating to the relevant currency at the prevailing market exchange rate during the sale period with! Tax implications for BHP shareholders in mid-June 2022 June 2022 the meaning of section 1348 of the occurred! If you own 500 BHP shares will trade ex the entitlement meaning that you wont be eligible be... This did not impact BHP 's half year Financial Report as the Assets... ( down ) for the account or benefit of persons, in the United Kingdom details... Chess is the electronic transfer and settlement system for securities quoted on the next day, BHP owned! We contribute to social value creation in touch with the latest news, stories and insights BHP. A Support answer but this approach ( Community ) might be a quicker response ). Quoted on the Woodside shares I received, same as it would be for normal... You wont be eligible provide general advice only complex CGT, Income tax, and are acting... Electronic form eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p eller. It would be for a normal dividend of the special dividend Facility, you must apply by Tuesday may. Of their entitlements to the special dividend prospectus within the meaning of section 1348 of the Woodside UK prospectus response... For securities quoted on the ASX under which transfers are effected in electronic form register BHP. Wednesday, 01 June bhp woodside merger tax implications documents in connection with Exempt Offers r du vlkommen! Be sent to securityholders on 17 June 2022 som gjorde Trollkaffe be for... Kafferosteri som gjorde Trollkaffe Pini, boilermaker at our Yandi operations in Australia.