Q3 2017 payment of dividends in sterling

RNS Number : 9543Y

BP PLC

11 December 2017

 

11 December 2017

BP p.l.c.

Third quarter interim dividend for 2017

Payments of dividends in sterling

On 31 October 2017, the Directors of BP p.l.c. announced that the interim dividend for the third quarter 2017 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 21 December 2017 to shareholders on the share register on 10 November 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 5 to 8 December 2017 (£1 = US$1.34346). Accordingly, the amount of sterling dividend payable in cash on 21 December 2017 will be:

7.4435 pence per share.

Details of the third 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.

 

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