Schroders PLC has disclosed its position in BHP Group Limited and Anglo American PLC, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure, released on 7th May 2024, provides detailed information about the relevant securities and dealings by Schroders PLC.
In relation to BHP Group Limited, Schroders PLC disclosed that it holds 33,544,394 relevant securities, representing 0.661% of the total. Additionally, the disclosure includes cash-settled derivatives of 129,120, accounting for 0.003% of the total. The disclosure also mentions stock-settled derivatives and agreements to purchase/sell, bringing the total to 33,673,514, or 0.664% of the relevant securities.
The disclosure also indicates that Schroders PLC is making disclosures in respect of Anglo American PLC. However, no specific details regarding the position in Anglo American PLC are provided in this disclosure.
Furthermore, the disclosure includes details of dealings by Schroders PLC. This includes purchases and sales of BHP Group Limited's ordinary NPV securities, along with the number of securities and the price per unit for each transaction.
The disclosure also confirms that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between Schroders PLC and any other party.
The release concludes with administrative details, including the date of disclosure and contact information.
In summary, the disclosure by Schroders PLC provides a comprehensive overview of its position in BHP Group Limited and mentions its disclosures in respect of Anglo American PLC, as well as details of its recent dealings in relevant securities.