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3rd Interim Dividend for 2009 - Scrip Alternative

25th Nov 2009 10:30

RNS Number : 0533D
HSBC Holdings PLC
25 November 2009
 



25 November 2009

HSBC HOLDINGS PLC

THIRD INTERIM DIVIDEND FOR 2009

SCRIP DIVIDEND ALTERNATIVE

On 2 November 2009, the Directors of HSBC Holdings plc declared a third interim dividend for 2009 of US$0.08 per ordinary share payable on 13 January 2010 to holders of record on 19 November 2009 on the Hong Kong Overseas Branch Register and 20 November 2009 on the Principal Register in United Kingdom 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, with a scrip dividend alternative. The "Market Value" for the issue of new shares under the scrip dividend alternative is:

US$12.2112 for each new share

The "Market Value" is the United States dollar equivalent of £7.39 being the average of the middle market quotations for the ordinary shares on the London Stock Exchange as derived from the Daily Official List for the five business days beginning on 18 November 2009.

Dividends payable in cash in sterling or Hong Kong dollars on 13 January 2010 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 4 January 2010. These exchange rates will be announced to the LondonHong KongNew YorkParis and Bermuda stock exchanges. 

Particulars of the dividend arrangements will be mailed to shareholders on or about 1 December 2009, and elections must be received by the Registrars by 29 December 2009.

 

R G Barber

Group Company Secretary

HSBC Holdings plc

Media enquiries to Brendan McNamara on +44 (0) 20 7991 0655 or at [email protected]

 

Note to editors:

The HSBC Group

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,500 offices in 86 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,422 billion at 30 June 2009, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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