BP 2009 Annual Report Download - page 109

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BP Annual Report and Accounts 2009
Additional information for shareholders
Additional information for shareholders
Purchases of equity securities by the issuer and affiliated purchasers
At the AGM on 16 April 2009, authorization was given to repurchase up to 1.8 billion ordinary shares in the period to the next AGM in 2010 or 15 July
2010, the latest date by which an AGM must be held. This authorization is renewed annually at the AGM. No repurchases of shares were made in the
period 1 January 2009 to 18 February 2010.
The following table provides details of share purchases made by ESOP trusts.
Total number of shares Maximum number of
$ purchased as part of shares that may yet
Total number of Average price publicly announced be purchased under
shares purchased paid per share programmes the programmea
2009
January ––
February 126 7.48
March 118 6.35
April ––
May ––
June 553 7.46
July 1,090,018 8.35
August 54 8.16
September 134 8.36
October 713 8.42
November 1,265,242 11.41
December 58 8.82
2010
January 51 10.36
February (to 18 February) 144,523 11.41
aNo shares were repurchased pursuant to a publicly announced plan. Transactions represent the purchase of ordinary shares by ESOP trusts to satisfy future requirements of employee share schemes.
Fees and charges payable by a holder of ADSs
The Depositary collects fees for delivery and surrender of ADSs directly from investors depositing shares or surrendering ADSs for the purpose of
withdrawal or from intermediaries acting for them. The Depositary collects fees for making distributions to investors by deducting those fees from the
amounts distributed or by selling a portion of the distributable property to pay the fees.
The charges of the Depositary payable by investors are as follows:
Type of service Depositary actions Fee
Depositing or substituting the Issuance of ADSs against the deposit of shares, $5.00 per 100 ADSs (or portion thereof)
underlying shares including deposits and issuances in respect of: evidenced by the new ADSs delivered
• Share distributions, stock splits, rights, merger
• Exchange of securities or other transactions or
event or other distribution affecting the ADSs or
deposited securities
Selling or exercising rights Distribution or sale of securities, the fee being in an $5.00 per 100 ADSs (or portion thereof)
amount equal to the fee for the execution and delivery
of ADSs which would have been charged as a result of
the deposit of such securities
Withdrawing an underlying Acceptance of ADSs surrendered for withdrawal of $5.00 for each 100 ADSs (or portion
share deposited securities thereof) evidenced by the ADSs
surrendered
Expenses of the Depositary Expenses incurred on behalf of holders in connection with: Expenses payable at the sole discretion
• Stock transfer or other taxes and governmental of the Depositary by billing holders or
charges by deducting charges from one or by
• Cable, telex, electronic and facsimile deducting charges from one or more
transmission/delivery cash dividends or other cash
• Transfer or registration fees, if applicable, for the distributions
registration of transfers of underlying shares
• Expenses of the Depositary in connection with the
conversion of foreign currency into US dollars
(which are paid out of such foreign currency)