HSBC Holdings PLC Third interim dividend 2018 - scrip alternative (4662E)
October 18 2018 - 5:00AM
UK Regulatory
TIDMHSBA
RNS Number : 4662E
HSBC Holdings PLC
18 October 2018
18 October 2018
HSBC HOLDINGS PLC
THIRD INTERIM DIVIDEND FOR 2018
SCRIP DIVIDEND ALTERNATIVE
On 2 October 2018, the Directors of HSBC Holdings plc declared a
third interim dividend for 2018 of US$0.10 per ordinary share. The
third interim dividend will be payable on 21 November 2018 to
holders of record on 12 October 2018 on the Principal Register in
the United Kingdom, the Hong Kong Overseas Branch Register or the
Bermuda Overseas Branch Register. The dividend is payable in cash
in United States dollars, sterling or Hong Kong dollars, or a
combination of these currencies, with a scrip dividend
alternative.
The 'Market Value' for the issue of new shares under the scrip
dividend alternative is:
US$8.2430 for each new share
The 'Market Value' is the United States dollar equivalent of
GBP6.2718 being the average of the middle market quotations for the
ordinary shares on the London Stock Exchange as derived from the
Daily Official List for the five business days beginning on 11
October 2018.
Dividends payable in cash in sterling or Hong Kong dollars on 21
November 2018 will be converted from United States dollars at the
forward exchange rates quoted by HSBC Bank plc in London at or
about 11.00am on 12 November 2018. These exchange rates will be
announced to the London, Hong Kong, New York, Paris and Bermuda
stock exchanges.
Particulars of the dividend arrangements will be sent to
shareholders on or about 24 October 2018 and elections must be
received by the Registrar by 8 November 2018.
For and on behalf of
HSBC Holdings plc
Ben J S Mathews
Group Company Secretary
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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