2nd Interim Dividend for 2012 - Scrip Alternative

RNS Number : 5460K

HSBC Holdings PLC

22 August 2012

 



22 August 2012

HSBC HOLDINGS PLC

SECOND INTERIM DIVIDEND FOR 2012

SCRIP DIVIDEND ALTERNATIVE

On 30 July 2012, the Directors of HSBC Holdings plc declared a second interim dividend for 2012 of US$0.09 per ordinary share payable on 4 October 2012 to holders of record on 16 August 2012 on the Hong Kong Overseas Branch Register and 17 August 2012 on the Principal Register in the United Kingdom or the Bermuda Overseas Branch Register. 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$8.9127 for each new share

The 'Market Value' is the United States dollar equivalent of £5.6560 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 15 August 2012.

Dividends payable in cash in sterling or Hong Kong dollars on 4 October 2012 will be converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00am on 24 September 2012. 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 sent to shareholders on or about 29 August 2012 and elections must be received by the Registrars by 19 September 2012.

R G Barber

Group Company Secretary

HSBC Holdings plc

Media enquiries to Brendan McNamara on [phone]

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 6,900 offices in over 80 countries and territories in Europe, the Asia-Pacific region, North and Latin America, and the Middle East and North Africa. With assets of US$2,652bn at 30 June 2012, the HSBC Group is one of the world's largest banking and financial services organisations.

 

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