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RDSB Shell Plc

1,894.60
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:RDSB London Ordinary Share GB00B03MM408 'B' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,894.60 1,900.40 1,901.40 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Royal Dutch Shell 2ND QUARTER 2016 SCRIP DIVIDEND REFERENCE SHARE PRICE

18/08/2016 7:03am

UK Regulatory


 
TIDMRDSA TIDMRDSB 
 
ROYAL DUTCH SHELL PLC SECOND QUARTER 2016 SCRIP DIVIDEND PROGRAMME REFERENCE 
SHARE PRICE 
 
The Board of Royal Dutch Shell plc ("RDS") today announced the Reference Share 
Price in respect of the second quarter interim dividend of 2016, which was 
announced on July 28, 2016 at $0.47 per A ordinary share ("A Share") and B 
ordinary share ("B Share") and $0.94 per American Depository Share ("ADS"). 
 
Reference Share Price 
 
The Reference Share price is used for calculating a Participating Shareholder's 
entitlement under the Scrip Dividend Programme, as defined below. 
 
                                      Q2 2016 
 
Reference Share price (US$)           25.105 
 
The Reference Share Price is the US dollar equivalent of the average of the 
closing price for the Company's A Shares listed on Euronext Amsterdam for the 
five dealing days commencing on (and including) the date on which the Shares 
are first quoted ex-dividend in respect of the relevant dividend. 
 
The Reference Share Price is calculated by reference to the Euronext Amsterdam 
closing price in euro. The US dollar equivalent of the closing price on each of 
the dealing days referred to above is calculated using a market currency 
exchange rate prevailing at the time. 
 
Reference ADS Price 
 
ADS stands for "American Depositary Share". ADR stands for "American Depositary 
Receipt". An ADR is a certificate that evidences ADSs (though the terms ADR and 
ADS are often used interchangeably).  ADSs are listed on the NYSE under the 
symbols RDS.A and RDS.B.  Each ADS represents two ordinary shares, two ordinary 
A Shares in the case of RDS.A or two ordinary B Shares in the case of RDS.B. 
 
                                      Q2 2016 
 
Reference ADS price (US$)             50.210 
 
The Reference ADS Price equals the Reference Share Price of the two A Shares 
underlying each new A ADS. 
 
Scrip dividend programme 
 
RDS provides shareholders with a choice to receive dividends in cash or in 
shares via the Programme. 
 
Under the Programme shareholders can increase their shareholding in RDS by 
choosing to receive new shares instead of cash dividends, if approved by the 
Board.   Only new A Shares will be issued under the Programme, including to 
shareholders who currently hold B Shares. 
 
In some countries, joining the Programme may currently offer a tax advantage 
compared with receiving cash dividends. In particular, dividends paid out as 
shares by the Company will not be subject to Dutch dividend withholding tax 
(currently 15 per cent), unlike cash dividends paid on A shares, and they will 
not generally be taxed on receipt by a UK shareholder or a Dutch shareholder. 
 
Shareholders who elect to join the Programme will increase the number of shares 
held in RDS without having to buy existing shares in the market, thereby 
avoiding associated dealing costs. 
 
Shareholders who do not join the Programme will continue to receive in cash any 
dividends approved by the Board. 
 
Shareholders who held only B Shares and joined the Programme are reminded they 
will need to make a Scrip Dividend Election in respect of their new A Shares if 
they wish to join the Programme in respect of such new shares.  However, this 
is only necessary if the shareholder has not previously made a Scrip Dividend 
Election in respect of any new A Shares issued. 
 
For further information on the Programme, including how to join if you are 
eligible, please refer to the appropriate publication available on 
www.shell.com/scrip. 
 
Royal Dutch Shell plc 
 
The Hague, August 18, 2016 
 
ENQUIRIES: 
 
Investor Relations: 
 
Europe                        + 31 (0) 70 377 4540 
 
North America            +1 832 337 2034 
 
Media: 
 
International                +44 (0) 207 934 5550 
 
Americas                     +1 713 241 4544 
 
CAUTIONARY NOTE 
 
The companies in which Royal Dutch Shell plc directly and indirectly owns 
investments are separate legal entities. In this release "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 
release refer to companies 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 a venture, 
partnership or company, after exclusion of all third-party interest. 
 
This release 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 release, 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 release 
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, 2015 (available at www.shell.com/investor and www.sec.gov ). These 
risk factors also expressly qualify all forward looking statements contained in 
this release and should be considered by the reader.  Each forward-looking 
statement speaks only as of the date of this release, August 18, 2016. 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 release. 
 
We may have used certain terms, such as resources, in this release 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 www.sec.gov. 
 
 
 
END 
 

(END) Dow Jones Newswires

August 18, 2016 02:03 ET (06:03 GMT)

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