Source Pravda.Ru

BHP Billiton Bonus For Africa

BHP Billiton said a bonus issue of 35.2 million new ordinary shares in BHP Billiton Plc have been issued to shareholders in the South African section of its share register as compensation for the spin-off of BHP Steel Ltd.

Under the terms of the merger between BHP Ltd and Billiton Plc, any benefit accruing to shareholders of one part of the company must be offset with compensation to shareholders on the other side.

BHP Billiton Ltd shareholders received shares in BHP Steel when it listed earlier this month, while the UK section of the share register had 113.8 million shares issued as compensation last week.

"As a matter of record, BHP Billiton confirms that a total of 148.999 million BHP Billiton Plc shares were issued to BHP Billiton Plc shareholders to reflect the value distributed to BHP Billiton Ltd shareholders as a result of the demerger of BHP Steel," it said.

©

&to=http://www.bhpbilliton.com/bb/home/home.jsp' target=_blank>BHP Billiton

Comments
Torturing Jerusalem with USA's help: No peace, but eternal war for Jews and Arabs
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Russian politician says Donald Trump extremely dangerous for Russia
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Russian Guard to see enemies behind walls
Russian Guard to see enemies behind walls
Turkish President Erdogan issues ultimatum to Washington and Brussels
Having lost in Syria, the West needs to find another victim nation
Russian-Indian defence cooperation in danger after India commits inadmissible act
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
US military men depressed over of Russia's new T-5000 sniper rifle