THE HAGUE, August 1, 2014 /PRNewswire/ --
Royal Dutch Shell plc ("Shell")
(NYSE:RDS.A) (NYSE:RDS.B) acknowledges the outcome of Woodside
Petroleum Limited's ("Woodside") shareholders' negative vote on the
selective buy-back proposal announced on the 17th of June 2014. Shell is reviewing its options in
relation to its remaining 13.6% holding in Woodside.
Cautionary Note
The companies in which Royal Dutch
Shell plc directly and indirectly owns investments are
separate entities. In this announcement "Shell", "Shell group" and
"Royal Dutch Shell" are sometimes
used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in
general. Likewise, the words "we", "us" and "our" are also used to
refer to subsidiaries in general or to those who work for them.
These expressions are also used where no useful purpose is served
by identifying the particular company or companies. "Subsidiaries",
"Shell subsidiaries" and "Shell companies" as used in this
announcement refer to companies over which Royal Dutch Shell plc either directly or
indirectly has control. Companies over which Shell has joint
control are generally referred to "joint ventures" and companies
over which Shell has significant influence but neither control nor
joint control are referred to as "associates". In this
announcement, joint ventures and associates may also be referred to
as "equity-accounted investments". The term "Shell interest" is
used for convenience to indicate the direct and/or indirect
ownership interest held by Shell in a venture, partnership or
company, after exclusion of all third-party interest.
This announcement contains forward-looking statements concerning
the financial condition, results of operations and businesses of
Royal Dutch Shell. All statements
other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements are
statements of future expectations that are based on management's
current expectations and assumptions and involve known and unknown
risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or
implied in these statements. Forward-looking statements include,
among other things, statements concerning the potential exposure of
Royal Dutch Shell to market risks
and statements expressing management's expectations, beliefs,
estimates, forecasts, projections and assumptions. These
forward-looking statements are identified by their use of terms and
phrases such as "anticipate", "believe", "could", "estimate",
"expect", "goals", "intend", "may", "objectives", "outlook",
"plan", "probably", "project", "risks", "schedule", "seek",
"should", "target", "will" and similar terms and phrases. There are
a number of factors that could affect the future operations of
Royal Dutch Shell and could cause
those results to differ materially from those expressed in the
forward-looking statements included in this announcement, including
(without limitation): (a) price fluctuations in crude oil and
natural gas; (b) changes in demand for Shell's products; (c)
currency fluctuations; (d) drilling and production results; (e)
reserves estimates; (f) loss of market share and industry
competition; (g) environmental and physical risks; (h) risks
associated with the identification of suitable potential
acquisition properties and targets, and successful negotiation and
completion of such transactions; (i) the risk of doing business in
developing countries and countries subject to international
sanctions; (j) legislative, fiscal and regulatory developments
including regulatory measures addressing climate change; (k)
economic and financial market conditions in various countries and
regions; (l) political risks, including the risks of expropriation
and renegotiation of the terms of contracts with governmental
entities, delays or advancements in the approval of projects and
delays in the reimbursement for shared costs; and (m) changes in
trading conditions. All forward-looking statements contained in
this announcement are expressly qualified in their entirety by the
cautionary statements contained or referred to in this section.
Readers should not place undue reliance on forward-looking
statements. Additional risk factors that may affect future results
are contained in Royal Dutch Shell's 20-F for the year ended
December 31, 2013 (available at http://www.shell.com/investor and
http://www.sec.gov). These risk factors also expressly qualify all
forward looking statements contained in this announcement and
should be considered by the reader. Each forward-looking
statement speaks only as of the date of this announcement, 1 August
2014. Neither Royal Dutch Shell plc nor any of its subsidiaries
undertake any obligation to publicly update or revise any
forward-looking statement as a result of new information, future
events or other information. In light of these risks, results could
differ materially from those stated, implied or inferred from the
forward-looking statements contained in this announcement.
We may have used certain terms, such as resources, in this
announcement that United States Securities and Exchange Commission
(SEC) strictly prohibits us from including in our filings with the
SEC. U.S. Investors are urged to consider closely the
disclosure in our Form 20-F, File No 1-32575, available on the SEC
website http://www.sec.gov. You can also obtain these forms from
the SEC by calling 1-800-SEC-0330.
Enquiries
Shell Media Relations
International: +44-207-934-5550
Americas: +1-713-241-4544
Shell Investor Relations
Europe: +31-70-377-4540
United States: +1-832-337-2034
SOURCE Royal Dutch Shell plc