Scrip Dividend - Exchange Rate

RNS Number : 1752J

HSBC Holdings PLC

26 June 2017

 

26 June 2017                

HSBC HOLDINGS PLC

FIRST INTERIM DIVIDEND FOR 2017

On 4 May 2017, the Directors of HSBC Holdings plc declared the first interim dividend for 2017 of US$0.10 per ordinary share. The dividend is payable on 5 July 2017 to holders of record on 19 May 2017 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 26 June 2017 (US$1=HK$7.797720 and £1=US$1.271675). Accordingly, the cash dividend payable on 5 July 2017 will be:

US$0.10 per share;

approximately HK$0.779772 per share; or

approximately £0.078636 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 5 July 2017. 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

 

 

DIVDMGZVMVKGNZM