Q2 2012 Payments of Dividend in Sterling

RNS Number : 0050M

BP PLC

11 September 2012

 

11 September 2012

BP p.l.c.

Second quarter interim dividend for 2012

Payments of dividends in sterling

On 31 July 2012, the Directors of BP p.l.c. announced that the interim dividend for the second quarter 2012 would be US$0.08 per ordinary share (US$0.48 per ADS). This interim dividend is to be paid on 25 September 2012 to shareholders on the share register on 10 August 2012. 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 September 2012 to 10 September 2012 (£1 = US$ 1.59455). Accordingly, the amount of sterling dividend payable in cash on 25 September 2012 will be:

5.0171 pence per share.

Details of the first quarter 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 Company Secretary

 

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