BP PLC Q1 2020 Payment of dividends in sterling (2547P)
June 08 2020 - 4:50AM
UK Regulatory
TIDMBP.
RNS Number : 2547P
BP PLC
08 June 2020
8 June 2020
BP p.l.c.
First quarter interim dividend for 2020
Payments of dividends in sterling
On 28 April 2020, the Directors of BP p.l.c. announced that the
interim dividend for the first quarter 2020 would be US$0.1050 per
ordinary share (US$0.630 per ADS). This interim dividend is to be
paid on 19 June 2020 to shareholders on the share register on 11
May 2020. The dividend is payable in cash in sterling to holders of
ordinary shares and in US dollars to holders of ADSs. The board has
decided not to offer a scrip dividend alternative in respect of the
first quarter 2020 dividend. Dividend reinvestment plans have been
made available for this dividend for ordinary shareholders and ADS
holders (subject to certain exceptions) to receive additional BP
shares.
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 2 to 5 June 2020 (GBP1 = US$1.25868).
Accordingly, the amount of sterling dividend payable in cash on 19
June 2020 will be:
8.3421 pence per share.
Details of the first quarter dividend and timetable are
available at bp.com/dividends. For further information on your
dividend payment options visit bp.com/drip.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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