Hsbc Holdings Plc
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HSBC HOLDINGS PLC Shareholder Information Enforceability of judgements / Exchange controls / Dividends Page serve process on such persons or HSBC Holdings in Information about the enforceability of the US or to enforce judgements obtained in US judgements made in the US ........................ 472 courts against them or HSBC Holdings based on Exchange controls and other limitations civil liability provisions of the securities laws of the affecting equity security holders ................ 472 US. There is doubt as to whether English courts Fourth interim dividend for 2008 ................... 472 would enforce: Fourth interim dividend for 2009 ................... 472 • certain civil liabilities under US securities laws Interim dividends for 2010 ............................. 473 in original actions; or Dividends on the ordinary shares of HSBC • Holdings ..................................................... 473 judgements of US courts based upon these civil American Depositary Shares .......................... 474 liability provisions. Nature of trading market ................................ 475 In addition, awards of punitive damages in Shareholder profile ........................................ 476 actions brought in the US or elsewhere may be Memorandum and Articles of Association .... 476 unenforceable in the UK. The enforceability of any Annual General Meeting ................................ 477 judgement in the UK will depend on the particular Interim Management Statements and facts of the case as well as the laws and treaties in Interim results ............................................. 478 effect at the time. Shareholder enquiries and communications ... 478 Investor relations ............................................ 479 Exchange controls and other Where more information about HSBC is limitations affecting equity security available ..................................................... 480 holders Taxation of shares and dividends ................... 480 There are currently no UK laws, decrees or History and development of HSBC ............... 482 regulations which would prevent the import or Organisational structure ................................. 484 export of capital or remittance of distributable profits by way of dividends and other payments to holders Information about the enforceability of HSBC Holdings’ equity securities who are not of judgements made in the US residents of the UK. There are also no restrictions under the laws of the UK or the terms of the HSBC Holdings is a public limited company Memorandum and Articles of Association of HSBC incorporated in England and Wales. Most of HSBC Holdings concerning the right of non-resident or Holdings’ Directors and executive officers live foreign owners to hold HSBC Holdings’ equity outside the US. As a result, it may not be possible to securities or, when entitled to vote, to do so. Fourth interim dividend for 2008 The market value of HSBC Holdings ordinary shares on the first day that the scrip dividend shares in respect of the fourth interim dividend for 2008 were traded on the London Stock Exchange was more than 15 per cent greater than the cash equivalent value used to calculate the scrip dividend entitlements. The market value of each HSBC Holdings share for the purposes of UK income tax and capital gains tax calculations on 6 May 2009 was £5.3129 and the cash equivalent value used to calculate scrip dividend entitlements was £3.906. Accordingly, the UK HM Revenue and Customs will substitute the market value of £5.3129 per scrip dividend share for UK income tax and capital gains tax purposes for the cash equivalent value of £3.906 per scrip dividend share. A replacement Notional Tax Voucher was sent on 3 June 2009 to shareholders on the Principal Register in the UK who elected for the scrip dividend alternative in respect of the fourth interim dividend for 2008. Fourth interim dividend for 2009 The Directors have declared a fourth interim dividend for 2009 of US$0.10 per ordinary share. Information on the scrip dividend scheme and currencies in which shareholders may elect to have the cash dividend paid will be sent to shareholders on or about 30 March 2010. The timetable for the dividend is: 472 Announcement ....................................................................................................................................................................... 1 March 2010 Shares quoted ex-dividend in London, Hong Kong, Paris and Bermuda ............................................................................. 17 March 2010 ADSs quoted ex-dividend in New York ............................................................................................................................... 17 March 2010 Record date in Hong Kong .................................................................................................................................................... 18 March 2010 Record date in London, New York, Paris and Bermuda1 ..................................................................................................... 19 March 2010 Mailing of Annual Report and Accounts 2009 and/or Annual Review 2009, Notice of Annual General Meeting and dividend documentation .................................................................................................................................................... 30 March 2010 Final date for receipt by registrars of forms of election, Investor Centre electronic instructions and revocations of standing instructions for scrip dividends .......................................................................................................................... 22 April 2010 Exchange rate determined for payment of dividends in sterling and Hong Kong dollars ................................................... 26 April 2010 Payment date: dividend warrants, new share certificates or transaction advices and notional tax vouchers mailed and shares credited to stock accounts in CREST .................................................................................................................... 5 May 2010 1 Removals to and from the Overseas Branch register of shareholders in Hong Kong will not be permitted on this date. Interim dividends for 2010 The Board has adopted a policy of paying quarterly interim dividends on the ordinary shares. Under this policy it is intended to have a pattern of three equal interim dividends with a variable fourth interim dividend. It is envisaged that the first interim dividend in respect of 2010 will be US$0.08 per ordinary share. The proposed timetables for the dividends in respect of 2010 are: Interim dividends for 2010 First Second Third Fourth Announcement ................................................... 4 May 2010 2 August 2010 1 November 2010 28 February 2011 Shares quoted ex-dividend in London, Hong Kong, Paris and Bermuda ................... 19 May 2010 18 August 2010 17 November 2010 16 March 2011 ADSs quoted ex-dividend in New York ........... 19 May 2010 18 August 2010 17 November 2010 16 March 2011 Record date in Hong Kong ................................ 20 May 2010 19 August 2010 18 November 2010 17 March 2011 Record date in London, New York, Paris and Bermuda1 ....................................................... 21 May 2010 20 August 2010 19 November 2010 18 March 2011 Payment date ...................................................... 7 July 2010 6 October 2010 12 January 2011 5 May 2011 1 Removals to and from the Overseas Branch Register of shareholders in Hong Kong will not be permitted on these dates. Dividends on the ordinary shares of HSBC Holdings HSBC Holdings has paid dividends on its ordinary shares every year without interruption since it became the HSBC Group holding company by a scheme of arrangement in 1991. The dividends declared, per ordinary share, in respect of each of the last five years were: First Second Third Fourth interim interim interim interim1 Total2 2009 US$ ....................................... 0.080 0.080 0.080 0.100 0.340 £ ............................................ 0.048 0.050 0.048 0.062 0.208 HK$ ...................................... 0.620 0.620 0.620 0.775 2.635 2008 US$ ....................................... 0.180 0.180 0.180 0.100 0.640 £ ............................................ 0.090 0.100 0.124 0.069 0.383 HK$ ....................................... 1.403 1.398 1.395 0.775 4.971 2007 US$ ....................................... 0.170 0.170 0.170 0.390 0.900 £ ............................................ 0.085 0.084 0.086 0.194 0.449 HK$ ....................................... 1.328 1.322 1.325 3.041 7.016 2006 US$ ....................................... 0.150 0.150 0.150 0.360 0.810 £ ............................................ 0.082 0.079 0.078 0.183 0.422 HK$ ....................................... 1.164 1.167 1.168 2.799 6.298 2005 US$ ....................................... 0.140 0.140 0.140 0.310 0.730 £ ............................................ 0.077 0.079 0.079 0.169 0.404 HK$ ....................................... 1.088 1.086 1.085 2.403 5.662 1 The fourth interim dividend for 2009 of US$0.10 per share has been translated into pounds sterling and Hong Kong dollars at the closing rate on 31 December 2009. The dividend will be paid on 5 May 2010. 2 The above dividends declared are accounted for as disclosed in Note 12 on the Financial Statements. 473 HSBC HOLDINGS PLC Shareholder Information (continued) American Depositary Shares / Nature of trading market Dividends