HSBC Holdings PLC HSBA Scrip Dividend - Exchange Rates

  HSBC Holdings PLC (HSBA) - Scrip Dividend - Exchange Rates

RNS Number : 0656G
HSBC Holdings PLC
25 June 2012
 



                              HSBC HOLDINGS PLC

           PAYMENT OF DIVIDENDS IN UNITED STATES DOLLARS, STERLING

                             OR HONG KONG DOLLARS

On 30  April 2012,  the Directors  of  HSBC Holdings  plc declared  the  first 
interim dividend  for 2012  of US$0.09  per ordinary  share. The  dividend  is 
payable on 5 July 2012 to  holders of record on 17  May 2012 on the Hong  Kong 
Overseas Branch Register and on 18 May  2012 on the Principal 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.

In the absence of instructions to the contrary, shareholders on the  Principal 
Register  will   automatically  receive   dividends  in   sterling.   However, 
shareholders with addresses  in the United  States will automatically  receive 
dividends in United States  dollars unless they  currently receive payment  in 
one of the other currencies  or make an election to  do so. In the absence  of 
instructions to the contrary,  shareholders on the  Hong Kong Overseas  Branch 
Register and the Bermuda Overseas  Branch Register will automatically  receive 
dividends in Hong Kong dollars and United States dollars respectively.

Dividends payable in cash in sterling or Hong Kong dollars on 5 July 2012 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  25  June   2012 
(US$1=HK$7.7595 and £1=US$1.5561). Accordingly, the  amount payable on 5  July 
2012 will be:

US$0.09 per share;

approximately HK$0.698355 per share; or

approximately £0.057837 per share.

The dividend payable to holders  of American Depositary Shares ('ADSs'),  each 
of which  represents  five ordinary  shares,  will  be US$0.45  per  ADS.  The 
dividend will be paid on  5 July 2012 in cash  in United States dollars or  in 
new  shares  to  those  who  have  elected  to  receive  the  scrip   dividend 
alternative. The cash dividend for  participants in the dividend  reinvestment 
plan, operated by the depositary, will be invested in additional ADSs.

 

Ralph Barber

Group Company Secretary

HSBC Holdings plc

 

25 June 2012

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
DIVPGUBUQUPPGGA -0- Jun/25/2012 11:11 GMT