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3Q 2015 Payments of dividends in Sterling

7 Dec 2015 09:53

RNS Number : 1824I
BP PLC
07 December 2015
 

 

 

7 December 2015

 

BP p.l.c.

Third quarter interim dividend for 2015

Payments of dividends in sterling

 

On 27 October 2015, the Directors of BP p.l.c. announced that the interim dividend for the third quarter 2015 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 18 December 2015 to shareholders on the share register on 6 November 2015. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative has been made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs.

 

Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the four dealing days from 1 December to 4 December 2015 (£1 = US$1.50733). Accordingly, the amount of sterling dividend payable in cash on 18 December 2015 will be:

 

6.6342 pence per share.

 

Details of the third quarter 2015 dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip.

 

Jens Bertelsen

Deputy Secretary

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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