Scrip Dividend - Exchange Rate

RNS Number : 4844Y

HSBC Holdings PLC

01 December 2014

 



1 December 2014

HSBC HOLDINGS PLC

THIRD INTERIM DIVIDEND FOR 2014

On 6 October 2014, the Directors of HSBC Holdings plc declared the third interim dividend for 2014 of US$0.10 per ordinary share. The dividend is payable on 10 December 2014 to holders of record on 24 October 2014 on the Principal Register in the United Kingdom or the Overseas Branch Registers in Hong Kong or Bermuda. The dividend is payable in cash in United States dollars, sterling or Hong Kong dollars, or a combination of these currencies, and with a scrip dividend alternative.

Dividends payable in cash in sterling or Hong Kong dollars 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 1 December 2014 (US$1=HK$7.75524 and £1=US$1.57151). Accordingly, the cash dividend payable on 10 December 2014 will be:

US$0.10 per share;

approximately HK$0.775524 per share; or

approximately £0.063633 per share.

For holders of American Depositary Shares ('ADSs'), each of which represents five ordinary shares, the cash dividend payable will be US$0.50 per ADS. It will be paid on 10 December 2014. The dividend for participants in the dividend reinvestment plan, operated by the Bank of New York Mellon, will be invested in additional ADSs.

Ben J S Mathews

Group Company Secretary

HSBC Holdings plc

 

END

 

 

MSCKMMGZZMFGDZM