Q1 2017 Payment of dividends in Sterling

RNS Number : 7942H

BP PLC

12 June 2017

 

12 June 2017

BP p.l.c.

First quarter interim dividend for 2017

Payments of dividends in sterling

On 2 May 2017, the Directors of BP p.l.c. announced that the interim dividend for the first quarter 2017 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 23 June 2017 to shareholders on the share register on 12 May 2017. 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 6 to 9 June 2017 (£1 = US$1.28928). Accordingly, the amount of sterling dividend payable in cash on 23 June 2017 will be:

7.7563 pence per share.

Details of the first quarter 2017 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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