The Board of Shell plc (Shell) has announced the pounds sterling and euro equivalent dividend payments in respect of the 1Q22 interim dividend, which was announced on 5 May 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 7 June 2022 will be entitled to a dividend of US$0.25, €0.2346 or 20.01p 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 8 - 10 June 2022.
This dividend will be payable on 27 June 2022 to those members whose names were on the Register of Members on 20 May 2022.
Read the article online at: https://www.worldpipelines.com/business-news/14062022/shell-plc-1q22-and-equivalent-dividend-payments/