THE HAGUE, Netherlands, Jan. 31, 2019 /PRNewswire/ --
The Board of Royal Dutch Shell plc ("RDS" or the "Company") (NYSE: RDS.A) (NYSE: RDS.B)today
announced an interim dividend in respect of the fourth quarter of 2018 of US$0.47 per A ordinary
share ("A Share") and B ordinary share ("B Share"), equal to the US dollar dividend for the same quarter last year.
Details relating to the fourth quarter 2018 interim dividend
It is expected that cash dividends on the B Shares will be paid via the Dividend Access Mechanism from UK-sourced income of
the Shell group.
Per ordinary share
|
Q4 2018
|
|
|
RDS A Shares (US$)
|
0.47
|
RDS B Shares (US$)
|
0.47
|
Cash dividends on A Shares will be paid, by default, in euro, although holders of A Shares will be able to elect to receive
dividends in pounds sterling.
Cash dividends on B Shares will be paid, by default, in pounds sterling, although holders of B Shares will be able to elect to
receive dividends in euro.
The pounds sterling and euro equivalent dividend payments will be announced on March 11,
2019.
Per ADS
|
Q4 2018
|
RDS A ADSs (US$)
|
0.94
|
RDS B ADSs (US$)
|
0.94
|
Cash dividends on American Depository Shares ("ADSs") will be paid in US dollars.
ADSs are listed on the New York Stock Exchange under the symbols RDS.A and RDS.B. Each ADS represents two ordinary shares, two
A Shares in the case of RDS.A or two B Shares in the case of RDS.B. ADSs are evidenced by an
American Depositary Receipt (ADR) certificate. In many cases the terms ADR and ADS are used interchangeably.
Dividend timetable for the fourth quarter 2018 interim dividend
Announcement
date
January 31, 2019
Ex-dividend date
February 14, 2019
Record
date February
15, 2019
Closing date for currency election (see Note below)
March 1,
2019
Pounds sterling and euro equivalents announcement date
March 11, 2019
Payment
date March
25, 2019
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.
Taxation - cash dividends
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.
Dividend Reinvestment Plans
Equiniti Financial Services Limited, part of the same group of companies as the Company's Registrar, Equiniti Limited,
operates a Dividend Reinvestment Plan ("DRIP") which enables RDS shareholders to elect to have their dividend payments used to
purchase RDS shares of the same class as those already held by them.
ABN AMRO Bank N.V. and JP Morgan Chase Bank N.A. also operate dividend reinvestment options and shareholders interested
in these options should contact the relevant provider. More information can be found at http://www.shell.com/drip.
To be eligible for the next dividend, shareholders must make a valid dividend reinvestment election before the published date
for the close of elections.
Royal Dutch Shell plc
The Hague, January 31, 2019
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 "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, 2017 (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, January 31, 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
Contacts:
Investor Relations:
Europe: +31(0)70-377-4540
North America: +1-832-337-2034
Media:
International +44 (0) 207-934-5550;
Americas +1-832-337-4355
View original content:http://www.prnewswire.com/news-releases/royal-dutch-shell-plc-fourth-quarter-2018-interim-dividend-300787314.html
SOURCE Royal Dutch Shell plc