Payment of dividends in sterling

RNS Number : 6535I

BP PLC

06 December 2022

 

06 December 2022

BP p.l.c.

Third quarter interim dividend for 2022

Payments of dividends in sterling

On 1 November 2022, the Directors of BP p.l.c. announced that the interim dividend for the third quarter of 2022 would be US$0.06006 per ordinary share (US$0.36036 per ADS). This interim dividend is to be paid on 16 December 2022 to shareholders on the share register on 11 November 2022. 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 third quarter 2022 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 three dealing days between 30 November and 2 December 2022 (£1 = US$1.21575). Accordingly, the amount of sterling dividend payable in cash on 16 December 2022 will be:

4.9402 pence per share.

Details of the third quarter dividend and timetable are available at bp.com/dividends. For further information on your dividend payment options visit bp.com/drip.

 

END

 

 

DIVUPGCWPUPPGQA