Royal Dutch Shell plc Royal Dutch Shell Plc First Quarter 2021 Euro And Gbp Equivalent Dividend Payments
07 June 2021 - 4:00PM
UK Regulatory
TIDMRDSA TIDMRDSB
The Hague, June 7, 2021 - The Board of Royal Dutch Shell plc ("RDS")
today announced the pounds sterling and euro equivalent dividend
payments in respect of the first quarter 2021 interim dividend, which
was announced on April 29, 2021 at US$0.1735 per A ordinary share ("A
Share") and B ordinary share ("B Share").
Dividends on A Shares will be paid, by default, in euros at the rate of
EUR0.1426 per A Share. Holders of A Shares who have validly submitted US
dollars or pounds sterling currency elections by May 28, 2021 will be
entitled to a dividend of US$0.1735 or 12.26p per A Share, respectively.
Dividends on B Shares will be paid, by default, in pounds sterling at
the rate of 12.26p per B Share. Holders of B Shares who have validly
submitted US dollars or euros currency elections by May 28, 2021 will be
entitled to a dividend of US$0.1735 or EUR0.1426 per B Share,
respectively.
Euro and pounds sterling dividends payable in cash have been converted
from US dollars based on an average of market exchange rates over the
three dealing days from 2 June to 4 June 2021.
This dividend will be payable on June 21, 2021 to those members whose
names were on the Register of Members on May 14, 2021.
Taxation - cash dividend
Cash dividends on A Shares will be subject to the deduction of Dutch
dividend withholding tax at the rate of 15%, which may be reduced in
certain circumstances. Non-Dutch resident shareholders, depending on
their particular circumstances, may be entitled to a full or partial
refund of Dutch dividend withholding tax.
If you are uncertain as to the tax treatment of any dividends you should
consult your tax advisor.
Note
A different currency election date may apply to shareholders holding
shares in a securities account with a bank or financial institution
ultimately holding through Euroclear Nederland. This may also apply to
other shareholders who do not hold their shares either directly on the
Register of Members or in the corporate sponsored nominee arrangement.
Shareholders can contact their broker, financial intermediary, bank or
financial institution for the election deadline that applies.
Royal Dutch Shell plc
ENQUIRIES:
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Americas +1 832 337 4355
CAUTIONARY NOTE
The companies in which Royal Dutch Shell plc directly and indirectly
owns investments are separate legal entities. In this announcement
"Shell", "Shell Group" and "Group" 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 Royal Dutch Shell plc and its subsidiaries in general or to
those who work for them. These terms are also used where no useful
purpose is served by identifying the particular entity or entities.
"Subsidiaries", "Shell subsidiaries" and "Shell companies" as used in
this announcement refer to entities over which Royal Dutch Shell plc
either directly or indirectly has control. Entities and unincorporated
arrangements over which Shell has joint control are generally referred
to as "joint ventures" and "joint operations", respectively. Entities
over which Shell has significant influence but neither control nor joint
control are referred to as "associates". The term "Shell interest" is
used for convenience to indicate the direct and/or indirect ownership
interest held by Shell in an entity or unincorporated joint arrangement,
after exclusion of all third-party interest.
This announcement contains forward-looking statements (within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995)
concerning the financial condition, results of operations and businesses
of 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 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 "aim", "ambition", "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 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; (m) risks
associated with the impact of pandemics, such as the COVID-19
(coronavirus) outbreak; and (n) changes in trading conditions. No
assurance is provided that future dividend payments will match or exceed
previous dividend payments. 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 plc's Form 20-F for the year ended December 31, 2020
(available at www.shell.com/investor and 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, June 7, 2021. 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 the United States Securities and Exchange Commission (SEC) strictly
prohibits us from including in our filings with the SEC. Investors are
urged to consider closely the disclosure in our Form 20-F, File No
1-32575, available on the SEC website www.sec.gov.
LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70
Classification: Additional regulated information required to be
disclosed under the laws of a Member State
(END) Dow Jones Newswires
June 07, 2021 02:00 ET (06:00 GMT)
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