Q4 2017 Payment of dividends in Sterling

RNS Number : 1174I

BP PLC

19 March 2018

 

19 March 2018

BP p.l.c.

Fourth quarter interim dividend for 2017

Payments of dividends in sterling

On 6 February 2018, the Directors of BP p.l.c. announced that the interim dividend for the fourth quarter 2017 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 29 March 2018 to shareholders on the share register on 16 February 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 13 to 16 March 2018 (£1 = US$1.39488). Accordingly, the amount of sterling dividend payable in cash on 29 March 2018 will be:

7.1691 pence per share.

Details of the fourth 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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