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HSBC - Scrip Dividend - Exchange Rate

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idpickering
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HSBC - Scrip Dividend - Exchange Rate

#166957

Postby idpickering » September 17th, 2018, 3:10 pm

SECOND INTERIM DIVIDEND FOR 2018

On 6 August 2018, the Directors of HSBC Holdings plc declared the second interim dividend for 2018 of US$0.10 per ordinary share. The dividend is payable on 27 September 2018 to holders of record on 17 August 2018 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 were converted from United States dollars at the forward exchange rates quoted by HSBC Bank plc in London at or about 11.00 am on 17 September 2018 (US$1=HK$7.846614 and £1=US$1.310271). Accordingly, the cash dividend payable on 27 September 2018 will be:


Approximately £0.076320 per share.

It will be paid on 27 September 2018.

https://www.investegate.co.uk/hsbc-hold ... 55039939A/

idpickering
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Re: HSBC - Scrip Dividend - Exchange Rate

#167423

Postby idpickering » September 19th, 2018, 11:26 am

This issued today;

SECOND INTERIM DIVIDEND FOR 2018

The Directors of HSBC Holdings plc (the "Company") have declared the second interim dividend for 2018 of US$0.10 per ordinary share. The dividend is payable on 27 September 2018 to holders of record on 17 August 2018 on the Principal Register in the United Kingdom, the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register.

20,239,883 ordinary shares of US$0.50 each will be allotted and issued on 27 September 2018 by the Company to those shareholders who elected to receive the scrip dividend alternative.

The shares will rank pari passu with the existing issued ordinary shares of the Company. Application will be made to the Financial Conduct Authority for the shares to be admitted to the Official List and to the London Stock Exchange for the shares to be admitted to trading.

Dealings are expected to commence on 27 September 2018.


https://www.investegate.co.uk/hsbc-hold ... 30052507B/


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