BHP Group Limited Woodside shareholders approve Merger (1024M)

TIDMBHP

RNS Number : 1024M

BHP Group Limited

19 May 2022

NEWS RELEASE

 
Release Time     IMMEDIATE 
Date             19 May 2022 
Release Number   15/22 
 
 

Woodside shareholders approve Merger

BHP Group (BHP) notes the announcement by Woodside Petroleum Ltd (Woodside) today, confirming that Woodside shareholders have approved the merger of BHP's oil and gas portfolio with Woodside by an all-stock merger (Merger).

BHP and Woodside are working towards completion of the Merger, which is scheduled for 1 June 2022. Subject to completion occurring, BHP is expected to receive 914,768,948 newly issued Woodside ordinary shares. BHP will shortly provide a further update on the proposed in specie dividend of the Woodside shares.

Authorised for lodgement by:

Stefanie Wilkinson

Group Company Secretary

 
Media Relations                       Investor Relations 
 
 Email: [e-mail]        Email: [e-mail] 
 
Australia and Asia                    Australia and Asia 
 
 Gabrielle Notley                      Dinesh Bishop 
 Tel: [phone]                  Mobile: [phone] 
 Mobile: [phone] 
 
 Europe, Middle East and Africa        Europe, Middle East and Africa 
 
 Neil Burrows                          James Bell 
 Tel: [phone]                 Tel: [phone] 
 Mobile: [phone]              Mobile: [phone] 
 
 Americas                              Americas 
 
 Renata Fernandez                      Sabrina Goulart 
 Mobile: [phone]               Mobile: [phone] 
 
BHP Group Limited ABN 49 004 
 028 077 
 LEI WZE1WSENV6JSZFK0JC28 
 Registered in Australia 
 Registered Office: Level 18, 
 171 Collins Street 
 Melbourne Victoria 3000 Australia 
 Tel [phone] Fax +61 
 3 9609 3015 
 
BHP Group is headquartered in Australia 
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Important additional information and where to find it

This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy any securities or a solicitation of any vote or approval with respect to the Merger or otherwise, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such securities. 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. This communication should not be construed in any manner as a recommendation to any reader of this document.

In connection with the Merger, Woodside has filed 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 Merger (including a prospectus therefor). This communication is not a substitute for the Registration Statement or the prospectus or for any other document that Woodside or BHP may file with the SEC in connection with the transaction. 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 TRANSACTION (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 AND THE TRANSACTION. Shareholders will be able to obtain free copies of the Registration Statement, prospectus and other documents containing important information about Woodside and BHP once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. Copies of such documents may also be obtained from Woodside and BHP without charge.

This announcement is subject to the same notes, notices, disclaimers and other matters set out under the heading "Disclaimer and important notice" in BHP's announcement dated 8 April 2022.

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END

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(END) Dow Jones Newswires

May 19, 2022 04:30 ET (08:30 GMT)