Q1 2018 Payment of dividends in Sterling

RNS Number : 9464Q

BP PLC

11 June 2018

 

11 June 2018

BP p.l.c.

First quarter interim dividend for 2018

Payments of dividends in sterling

On 1 May 2018, the Directors of BP p.l.c. announced that the interim dividend for the first quarter 2018 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 22 June 2018 to shareholders on the share register on 11 May 2018. 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 5 to 8 June 2018 (£1 = US$1.34345). Accordingly, the amount of sterling dividend payable in cash on 22 June 2018 will be:

7.4435 pence per share.

Details of the first quarter 2018 dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip.

 

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