4Q 2015 Payment of dividends in Sterling

RNS Number : 9772R

BP PLC

14 March 2016

 

14 March 2016

BP p.l.c.

Fourth quarter interim dividend for 2015

Payments of dividends in sterling

On 2 February 2016, the Directors of BP p.l.c. announced that the interim dividend for the fourth quarter 2015 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 24 March 2016 to shareholders on the share register on 12 February 2016. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative has been made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs.

Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the four dealing days from 8 March to 11 March 2016 (£1 = US$1.42603). Accordingly, the amount of sterling dividend payable in cash on 24 March 2016 will be:

7.0125 pence per share.

Details of the fourth quarter 2015 dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip.

Jens Bertelsen

Deputy Secretary

 

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