Scrip Divi offers shares in lieu of cash divi. Net is RDS keeps cash.
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LONDON, December 20, 2012 /PRNewswire/ –
Royal Dutch Shell plc (NYSE: RDS.A)(NYSE: RDS.B) announces that it has today issued 34,249,652 A Ordinary shares in relation to the scrip dividend programme for the third quarter 2012 interim dividend.
Following this issue, the total number of A shares in issuance is 3,772,388,687 and the total number of B shares is 2,617,715,189. Royal Dutch Shell plc holds no ordinary shares in Treasury.
This announcement will be available on http://www.shell.com/investor.
December 20, 2012
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May 16, 2012. The Scrip dividend documents will be updated shortly to reflect recent changes with respect to SDRT, affecting only the ADS holders.
Shell provides shareholders with a choice to receive dividends in cash or in shares via a Scrip Dividend Programme (the “Programme&rdquo
.
Under the Programme shareholders can increase their shareholding in Shell by choosing to receive new shares instead of cash dividends if declared by the Board. Only new A Shares will be issued under the Programme, including to shareholders who currently hold B Shares.
Joining the Programme may offer a tax advantage in some countries compared with receiving cash dividends. In particular, dividends paid out as shares will not be subject to Dutch dividend withholding tax (currently 15 per cent) and will not generally be taxed on receipt by a UK shareholder or a Dutch corporate shareholder.
Shareholders who elect to join the Programme will increase the number of shares held in Shell 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 declared by Shell. For further information on the Programme please refer to the document(s) below that is/are relevant to the way in which you hold your shares or contact the applicable institution listed on the second tab.
