4th interim dividend 2015 - scrip alternative

RNS Number : 6817R

HSBC Holdings PLC

10 March 2016

 

HSBC HOLDINGS PLC

FOURTH INTERIM DIVIDEND FOR 2015

SCRIP DIVIDEND ALTERNATIVE

On 22 February 2016, the Directors of HSBC Holdings plc declared a fourth interim dividend for 2015 of US$0.21 per ordinary share. The fourth interim dividend will be payable on 20 April 2016 to holders of record on 4 March 2016 on the Principal Register in the United Kingdom, the Hong Kong Overseas Branch Register 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$6.4120 for each new share

The 'Market Value' is the United States dollar equivalent of £4.5069 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 3 March 2016.

Dividends payable in cash in sterling or Hong Kong dollars on 20 April 2016 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 11 April 2016. 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 18 March 2016 and elections must be received by the Registrar by 7 April 2016.

For and on behalf of

HSBC Holdings plc

Ben J S Mathews

Group Company Secretary

Note to editors:

The HSBC Group

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 6,000 offices in 71 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,410bn at 31 December 2015, HSBC is one of the world's largest banking and financial services organisations.
 

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