BP PLC 3Q 2014 payment of dividends in sterling (1042Z)
December 08 2014 - 6:01AM
UK Regulatory
TIDMBP.
RNS Number : 1042Z
BP PLC
08 December 2014
8 December 2014
BP p.l.c.
Third quarter interim dividend for 2014
Payments of dividends in sterling
On 28 October 2014, the Directors of BP p.l.c. announced that
the interim dividend for the third quarter 2014 would be US$0.10
per ordinary share (US$0.60 per ADS). This interim dividend is to
be paid on 19 December 2014 to shareholders on the share register
on 7 November 2014. 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 2 December 2014 to 5 December 2014 (GBP1 =
US$1.56815). Accordingly, the amount of sterling dividend payable
in cash on 19 December 2014 will be:
6.3769 pence per share.
Details of the third quarter 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
END
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