Scrip Dividend-Exchange Rate

RNS Number : 3661C

HSBC Holdings PLC

27 June 2016

 

27 June 2016                  HSBC HOLDINGS PLC

FIRST INTERIM DIVIDEND FOR 2016

On 3 May 2016, the Directors of HSBC Holdings plc declared the first interim dividend for 2016 of US$0.10 per ordinary share. The dividend is payable on 6 July 2016 to holders of record on 20 May 2016 on the Principal Register in the United Kingdom or 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, and with a scrip dividend alternative.

Dividends payable in cash in Hong Kong dollars or sterling 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 June 2016 (US$1=HK$7.757455 and £1=US$1.325890). Accordingly, the cash dividend payable on 6 July 2016 will be:

US$0.10 per share;

approximately HK$0.775746 per share; or

approximately £0.075421 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 6 July 2016. The dividend for participants in the dividend reinvestment plan, operated by the Bank of New York Mellon, will be invested in additional ADSs.

For and on behalf of

HSBC Holdings plc

Ben J S Mathews

Group Company Secretary

 

END

 

 

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