Royal Dutch Shell PLC Second Quarter 2019 Euro and GBP Equivalent Dividend Payments
THE HAGUE, Netherlands , Sept. 9, 2019 /PRNewswire/ -- The Board of Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) ("RDS") today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2019 interim dividend, which was announced on August 1, 2019 at US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share").
Dividends on A Shares will be paid, by default, in euro at the rate of EUR0.4252 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by September 2, 2019 will be entitled to a dividend of 38.01p per A Share.
Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 38.01p per B Share. Holders of B Shares who have validly submitted euro currency elections by September 2, 2019 will be entitled to a dividend of EUR0.4252 per B Share.
This dividend will be payable on September 23, 2019 to those members whose names were on the Register of Members on August 16, 2019.
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 own tax advisor.
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AUTIONARY 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 "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 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
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 "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 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. 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's
Form 20-F for the year ended December 31, 2018
(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, September 9, 2019. 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.
This announcement may contain references to Shell's
website. These references are for the readers'
convenience only. Shell is not incorporating by
reference any information posted on www.shell.com.
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. U.S. 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
Royal Dutch Shell plc
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SOURCE Royal Dutch Shell plc
