1Q Payment of Dividends in Sterling

RNS Number : 4963P

BP PLC

08 June 2015

 



8 June 2015

BP p.l.c.

First quarter interim dividend for 2015

Payments of dividends in sterling

On 28 April 2015, the Directors of BP p.l.c. announced that the interim dividend for the first quarter 2015 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 19 June 2015 to shareholders on the share register on 8 May 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 2 June to 5 June 2015 (£1 = US$1.53151). Accordingly, the amount of sterling dividend payable in cash on 19 June 2015 will be:

6.5295 pence per share.

Details of the first 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

 

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