4Q 2014 payment of dividends in sterling

RNS Number : 5199H

BP PLC

16 March 2015

 

16 March 2015

BP p.l.c.

Fourth quarter interim dividend for 2014

Payments of dividends in sterling

On 3 February 2015, the Directors of BP p.l.c. announced that the interim dividend for the fourth quarter 2014 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 27 March 2015 to shareholders on the share register on 13 February 2015. 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 10 March 2015 to 13 March 2015 (£1 = US$1.49927). Accordingly, the amount of sterling dividend payable in cash on 27 March 2015 will be:

6.6699 pence per share.

Details of the fourth quarter 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

 

END

 

 

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