Scrip Dividend - Exchange Rate

RNS Number : 3327W

HSBC Holdings PLC

13 November 2017

 

13 November 2017                

HSBC HOLDINGS PLC

THIRD INTERIM DIVIDEND FOR 2017

On 3 October 2017, the Directors of HSBC Holdings plc declared the third interim dividend for 2017 of US$0.10 per ordinary share. The dividend is payable on 22 November 2017 to holders of record on 13 October 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 13 November 2017 (US$1=HK$7.798450 and £1=US$1.308815). Accordingly, the cash dividend payable on 22 November 2017 will be:

US$0.10 per share;

approximately HK$0.779845 per share; or

approximately £0.076405 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 22 November 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

 

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