Scrip Dividend - Exchange Rate

RNS Number : 7062K

HSBC Holdings PLC

20 April 2015

 



20 April 2015

HSBC HOLDINGS PLC

FOURTH INTERIM DIVIDEND FOR 2014

On 23 February 2015, the Directors of HSBC Holdings plc declared the fourth interim dividend for 2014 of US$0.20 per ordinary share. The dividend is payable on 30 April 2015 to holders of record on 6 March 2015 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 20 April 2015 (US$1=HK$7.7501 and £1=US$1.4927). Accordingly, the cash dividend payable on 30 April 2015 will be:

US$0.20 per share;

approximately HK$1.5500 per share; or

approximately £0.1340 per share.

For holders of American Depositary Shares ('ADSs'), each of which represents five ordinary shares, the cash dividend payable will be US$1.00 per ADS. It will be paid on 30 April 2015. 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

 

 

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