3Q 2016 Payment of dividends in Sterling

RNS Number : 0808R

BP PLC

06 December 2016

 

6 December 2016

BP p.l.c.

Third quarter interim dividend for 2016

Payments of dividends in sterling

On 1 November 2016, the Directors of BP p.l.c. announced that the interim dividend for the third quarter 2016 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 16 December 2016 to shareholders on the share register on 11 November 2016. 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 30 November to 5 December 2016 (£1 = US$1.26082). Accordingly, the amount of sterling dividend payable in cash on 16 December 2016 will be:

7.9313 pence per share.

Details of the third quarter 2016 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

 

END

 

 

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