Norges Bank has disclosed its position in BHP Group Limited and Anglo American plc, as of 29/04/2024. The bank holds 1.51% of the relevant securities of BHP Group Limited, representing 76,458,041 shares. Additionally, it holds cash-settled derivatives amounting to 0.12% of the relevant securities. Norges Bank clarified that it does not have discretion regarding dealing and offer acceptance decisions in respect to 10,007,995 shares included in the total. The bank also made purchases and sales of BHP Group Limited's ordinary NPV, with details provided for each transaction.
In relation to Anglo American plc, Norges Bank has disclosed that it is making disclosures in respect of this party to the offer. However, specific details of the positions and dealings in relation to Anglo American plc were not provided in this disclosure.
The disclosure also includes information on the bank's rights to subscribe for new securities, but no specific details were provided in this release. The disclosure further outlines the details of any open stock-settled derivative positions and agreements to purchase or sell relevant securities, which should be given on a Supplemental Form 8 (Open Positions).
The release also includes details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer. Additionally, it outlines any agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Norges Bank's positions and dealings in BHP Group Limited and Anglo American plc, offering insight into the bank's interests and short positions in these relevant securities.