Admin l Tuesday, November 28, 2017
HAGUE, Netherlands – Royal Dutch Shell plc today announced the cancellation of its Scrip Dividend Programme (the “Programme”) with effect from the fourth quarter 2017 Interim Dividend.
The cancellation, according to Shell means that the fourth quarter 2017 Interim Dividend and future dividends will be settled entirely in cash, rather than the Company offering a share-based alternative.
Shell added that as a result of the Programme cancellation, no scrip dividend will be offered for Shell’s fourth quarter 2017 Interim Dividend, to be announced on February 1, 2018.
It added that the third quarter 2017 Interim Dividend, payable on December 20, 2017, is not affected and provides eligible shareholders with a choice to receive that dividend in cash or in shares via the Programme.
Shareholders are reminded that cash dividends on A and B shares will be paid in Euro and Pound Sterling respectively, unless shareholders elect to receive the alternative currency. Cash dividends on ADSs will be paid in US Dollar.
