Q2 2022 Payments of dividends in sterling
This announcement is made in replacement of the ' Q2 2022 Payments of dividends in sterling' announcement released on 6 September 2022 (RNS number 3437Y). In the original announcement the declared US$ per ordinary share rate had been incorrectly rounded to 4 decimal places and is corrected below. This affected the sterling rate calculation and the sterling rate was therefore also incorrectly stated. The sterling rate is corrected below.
6 September 2022
BP p.l.c.
Second quarter interim dividend for 2022
Payments of dividends in sterling
On 2 August 2022, the Directors of BP p.l.c. announced that the interim dividend for the second quarter of 2022 would be US$0.06006 per ordinary share (US$0.36036 per ADS). This interim dividend is to be paid on 23 September 2022 to shareholders on the share register on 12 August 2022. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. The board has decided not to offer a scrip dividend alternative in respect of the second quarter 2022 dividend. Dividend reinvestment plans have been made available for this dividend for ordinary shareholders and ADS holders (subject to certain exceptions) to receive additional bp shares.
Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the three dealing days between 31 August and 2 September 2022 (£1 = US$1.16206). Accordingly, the amount of sterling dividend payable in cash on 23 September 2022 will be:
5.1684 pence per share.
Details of the second quarter dividend and timetable are available at bp.com/dividends. For further information on your dividend payment options visit bp.com/drip.
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