Blueprint
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
Form 6-K
Report of Foreign
Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of
1934
for
the period ended November, 2016
BP p.l.c.
(Translation
of registrant's name into English)
1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or
will file annual
reports
under cover Form 20-F or Form 40-F.
Form
20-F
|X| Form
40-F
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Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the
information to the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of
1934.
Yes
No |X|
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17
November 2016
BP p.l.c.
Third quarter interim dividend for 2016
Scrip Dividend Programme
On 1
November 2016, the Directors of BP p.l.c. announced that the
interim dividend for the third quarter 2016 would be US$0.10 per
ordinary share (US$0.60 per ADS). This interim dividend is to be
paid on 16 December 2016 to shareholders on the share register on
11 November 2016. The dividend is payable in cash in sterling
to holders of ordinary shares and in US dollars to holders of ADSs.
A scrip dividend alternative will be made available for this
dividend allowing shareholders to elect to receive their dividend
in the form of new ordinary shares and ADS holders in the form of
new ADSs.
The
'Reference Share Price' for the issue of new ordinary shares under
the scrip dividend alternative is:
US$5.495 for each new ordinary share.
For holders of ordinary shares this is equivalent to 1 new share
for
approximately every 54.950 shares held prior to the
ex-dividend
date of 10 November 2016.
The
Reference Share Price is the average of the US dollar
equivalent of the closing mid price quotation for a BP ordinary
share on the London Stock Exchange Daily Official List for the five
consecutive dealing days beginning on the ex-dividend date of 10
November 2016. The US dollar equivalent price each day is
calculated from the sterling closing mid price using the exchange
rate published by the Bank of England at 4pm each day.
The
'Reference ADS Price' for the issue of new ADSs under the scrip
dividend alternative is:
US$33.020 for each new ADS.
For holders of ADSs this is equivalent to 1 new ADS for
approximately every 55.033 ADSs held prior to the ex-dividend date
of 8 November 2016.
The
Reference ADS Price is calculated by multiplying the Reference
Share Price by six (as there are six ordinary shares underlying
each ADS) and adjusting for the fee payable to the Depositary under
the ADS Deposit Agreement (US$0.05 per ADS). Prior to the 2012
first quarter dividend payment stamp duty reserve tax ("SDRT") of
1.5% was deducted from this calculation, but following a tax
tribunal decision in 2012, HM Revenue & Customs will no longer
seek to impose 1.5% SDRT on issues of UK shares and securities to
non-EU clearance services and depositary receipt
systems.
Dividends
payable in cash in sterling on 16 December 2016 will be converted
from US dollars at the average of the market exchange
rates for the four dealing days from 30 November to 5 December
2016. The sterling cash dividend will be announced to
the London Stock Exchange on 6 December
2016.
The
latest date for receipt of elections to participate in the Scrip
Dividend Programme for this interim dividend is 29 November 2016.
Shareholders must return their mandate form or otherwise input
their CREST elections, to be received by BP's Registrar, Capita, by
5.00 pm (London time) on 29 November 2016, and ADS holders must
return their election form to the Depositary, JPMorgan Chase Bank
N.A., by 5.00 pm (New York time) on that date. Elections received
after this deadline will apply to subsequent dividends only. Unless
revoked by you, your scrip dividend election will apply for all
future dividends for which a scrip dividend is offered.
Evergreen elections for CREST shareholders will not be accepted and
elections will revert to cash by default after the payment of each
dividend.
Details
of the third quarter 2016 dividend and timetable are available at
www.bp.com/dividends
and details of the Scrip Dividend Programme are available at
www.bp.com/scrip.
Jens
Bertelsen
Deputy
Secretary
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
BP
p.l.c.
(Registrant)
Dated: 17
November 2016
/s/
J. BERTELSEN
..............................
J.
BERTELSEN
Deputy
Company Secretary