HSBC Holdings PLC Scrip Dividend - Exchange Rate (1752J)
June 26 2017 - 7:00AM
UK Regulatory
TIDMHSBA
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 GBP1=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 GBP0.078636 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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