2008 4th int div - scrip alte

RNS Number : 6056P

HSBC Holdings PLC

27 March 2009

 



27 March 2009

HSBC HOLDINGS PLC

FOURTH INTERIM DIVIDEND FOR 2008

SCRIP DIVIDEND ALTERNATIVE

On 2 March 2009, the Directors of HSBC Holdings plc declared a fourth interim dividend for 2008 of US$0.10 per ordinary share payable on 6 May 2009 to shareholders on the Register on 20 March 2009. The dividend is payable in cash in United States dollars, sterling or Hong Kong dollars, or a combination of these currencies, with a scrip dividend alternative. The 'Market Value' for the issue of new shares under the scrip dividend alternative is:

US$5.6847 for each new share

The 'Market Value' is the United States dollar equivalent of £3.907 being the average of the middle market quotations for the ordinary shares on the London Stock Exchange as derived from the Daily Official List for the five business days beginning on 20 March 2009.

Dividends payable in cash in sterling or Hong Kong dollars on 6 May 2009 will be converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00 am on 27 April 2009. These exchange rates will be announced to the London, Hong Kong, New York, Paris and Bermuda stock exchanges. 

Particulars of the dividend arrangements will be mailed to shareholders on or about 31 March 2009, and elections must be received by the Registrars by 23 April 2009.

P A Stafford

Deputy Group Company Secretary

HSBC Holdings plc

Note to editors:

HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 9,500 offices in 86 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,527 billion at 31 December 2008, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

 

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