Shell plc 2Q22 € and £ equivalent dividend payments
Published by Sara Simper,
Editorial Assistant
World Pipelines,
The Board of Shell plc (Shell) have announced the pounds sterling and euro equivalent dividend payments in respect of the 2Q22 interim dividend, which was announced on 28 July 2022 at US$0.25 per ordinary share.
Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by 26 August 2022 will be entitled to a dividend of US$0.25, €0.2499 or 21.57p per ordinary share, respectively.
Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros at the euro rate per ordinary share shown above. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling, at the pound sterling rate per ordinary share shown above.
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 31 August to 2 September 2022.
This dividend will be payable on 19 September 2022 to those members whose names were on the Register of Members on 12 August 2022.
Read the article online at: https://www.worldpipelines.com/business-news/05092022/shell-plc-2q22-and-equivalent-dividend-payments/
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