Royal Dutch Shell Plc
The Hague, June 8, 2020 – The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2020 interim dividend, which was announced on April 30, 2020 at US$0.16 per A ordinary share (“A Share”) and B ordinary share (“B Share”).
Dividends on A Shares will be paid, by default, in euros at the rate of €0.1420 per A Share. Holders of A Shares who have validly submitted US dollars or pounds sterling currency elections by June 2, 2020 will be entitled to a dividend of US$0.16 or 12.68p per A Share, respectively.
Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 12.68p per B Share. Holders of B Shares who have validly submitted US dollars or euros currency elections by June 2, 2020 will be entitled to a dividend of US$0.16 or €0.1420 per B Share, respectively.
Euro and pounds sterling dividends payable in cash have been converted from US dollars based on an average of market exchange rates over the three dealing days from 3 to 5 June 2020.
This dividend will be payable on June 22, 2020 to those members whose names were on the Register of Members on May 15, 2020.
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 tax advisor.