Royal Dutch Shell plc Shell Introduces Option To Receive Dividend In Us Dollars And Moves To Full Electronic Settlement Of It...

 
TIDMRDSA 
 
 
   Royal Dutch Shell plc ("Shell") today announces that it will introduce 
the option for shareholders to receive Shell's dividends in US dollars 
with effect from the fourth quarter 2019 interim dividend. Furthermore, 
Shell will settle its dividend with its shareholders fully 
electronically either in CREST or via interbank transfers. 
 
   Introduction of US dollar as additional currency election 
 
   From the fourth quarter 2019 interim dividend, shareholders can elect to 
receive their dividend in US dollar. 
 
   Shareholders are reminded that dividends on A and B shares will be paid 
in euro and pound sterling respectively, unless shareholders elect to 
receive an alternative currency. With the addition of US dollar, 
shareholders of A and B shares will be able to receive their dividends 
in euro, pound sterling and or US dollar. Dividends on American 
Depository Shares continue to be paid in USD. 
 
   Full electronic settlement of dividends 
 
   From the fourth quarter 2019 interim dividend payment, shareholders that 
hold their shares in dematerialised form, will receive their dividends 
primarily in CREST. These shareholders will need to ensure that 
Euroclear UK and Ireland has set their dividend mandate flag 
accordingly. Furthermore, in order to receive dividends across the three 
available currencies, euro, pounds sterling and US dollars, these 
shareholders should provide CREST Memorandum Accounts for each of these 
three currencies. 
 
   Alternatively, shareholders who do not opt to receive dividends in CREST, 
should provide their euro, pounds sterling and US dollars bank account 
details to Shell's Registrar, Equiniti Limited. Shell's Registrar, 
Equiniti Limited, will shortly approach all shareholders holding their 
shares in dematerialised form in CREST with further detail. 
 
   From the first quarter 2020 interim dividend, shareholders that hold 
their shares in certificated form and all participants in Shell's 
Corporate Sponsored Nominee ("CSN") will receive their dividends fully 
electronically. Certificate holders and CSN participants that have not 
yet provided their bank account details, will shortly receive a letter 
with further detail, alongside their third quarter 2019 interim dividend 
cheques. 
 
   Shareholders timely taking the suggested actions is critical to receive 
one's dividends going forward. Therefore, any shareholder or CSN 
participant that has not received communication from Shell's Registrar, 
Equiniti Limited, by December 20, 2019, is requested to contact Equiniti 
Limited itself via the following phone numbers: 
 
 
   -- 0800 169 1679 (UK only) 
 
   -- + 44 121 415 7073 (Rest of world) 
 
 
   Investors holding their Shell shares via a bank, custodian, broker or 
nominee do not have to take any action to continue to receive their 
dividends. If these investors are interested in receiving their fourth 
quarter 2019 interim dividend and future dividends in USD, they should 
approach their bank, custodian, broker or nominee. 
 
   More information on Shell's dividend can be found at: 
https://www.globenewswire.com/Tracker?data=_33_dxHT0dVZvfFB6NWDe5vOncxT-lSU_MpzhrgmC8T0aT2bAYsG99KRwpqfuNhKWyTjZMYzRo4YeMYhjdWFl9yv-fQg4-RMIwOved7cuwkWIr5fohn_YXvSghWDVJQxa9h7DKBFz4jzKzLSfucrgLyQ9uKNYPiC9oP6SpfiJmU= 
https://www.shell.com/investors/dividend-information 
 
   More information on Shell's Registrar and CSN can be found at: 
https://www.globenewswire.com/Tracker?data=_33_dxHT0dVZvfFB6NWDe5vOncxT-lSU_MpzhrgmC8T_hdwrmzoUJ2ZJ9n-dhDYz8bfbW1FXSjXjt9919K3huR7AyA_Yd7XZSonb5-c06bGuB-YLplMx4loF0JeADJzw_Pecj-WSo5DSY0Ia0z7KwIyrE5vShBy4tyhTn4hlpLa_iHoEK88Ec6Ryz3CrcTDeAEb5nVruZi0yq1usUs5QwY9qOKWd7cNpox0ghF8MRWajrR2hfKZ_2LbJXEqyisw0nDNs8-iVu9cxS0cfnc9gHA== 
https://www.shell.com/investors/retail-shareholder-information/managing-your-shares.html 
 
 
   Royal Dutch Shell plc 
 
   The Hague, December 18, 2019 
 
   Contacts: 
 
   Investor Relations 
 
   Europe:                                + 31 (0) 70 377 4540 
 
   North America:                  [phone] 
 
   Media 
 
   International:                    [phone] 
 
   Americas:                           [phone] 
 
   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, 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, December 18, 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 
 
 
 
 

(END) Dow Jones Newswires

December 18, 2019 02:00 ET (07:00 GMT)

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