Q2 2018 Payment of dividends in Sterling

RNS Number : 3924A

BP PLC

11 September 2018

 

11 September 2018

BP p.l.c.

Second quarter interim dividend for 2018

Payments of dividends in sterling

On 26 July 2018, the Directors of BP p.l.c. announced that the interim dividend for the second quarter 2018 would be US$0.1025 per ordinary share (US$0.615 per ADS) (see RNS Number: 9448V). This interim dividend is to be paid on 21 September 2018 to shareholders on the share register on 10 August 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 10 September 2018 (£1 = US$1.29263). Accordingly, the amount of sterling dividend payable in cash on 21 September 2018 will be:

7.9296 pence per share.

Details of the second 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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