Shell plc has announced the pounds sterling and euro equivalent dividend payments for the fourth quarter 2023 interim dividend. Shareholders were able to elect to receive their dividends in US dollars, euros, or pounds sterling. Those who submitted valid currency elections by March 1, 2024, will be entitled to a dividend of US$0.344, €0.3151, or 26.90p per ordinary share, respectively.
Shareholders holding their ordinary shares through Euroclear Nederland will receive their dividends in euros, while shareholders holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling. The dividends payable in cash have been converted from US dollars based on market exchange rates over three dealing days from March 6 to March 8, 2024. The dividend will be payable on March 25, 2024, to those members whose names were on the Register of Members on February 16, 2024.
The announcement also includes a cautionary note, forward-looking statements, and a note on taxation. Shareholders are advised to consult their tax advisor if they are uncertain about the tax treatment of any dividends. Additionally, the announcement provides information for shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland.
For further details, shareholders can contact their broker, financial intermediary, bank, or financial institution for the election deadline that applies. The announcement also includes contact information for Shell Media Relations.
The cautionary note emphasizes that the companies in which Shell plc directly and indirectly owns investments are separate legal entities. It also contains forward-looking statements concerning the financial condition, results of operations, and businesses of Shell. The forward-looking statements are identified by their use of terms and phrases such as "aim," "anticipate," "estimate," "expect," and others. The announcement also outlines factors that could affect the future operations of Shell and cause results to differ materially from those expressed in the forward-looking statements.
In conclusion, the announcement provides comprehensive information about the dividend payments, including currency equivalents, payment dates, and taxation. It also includes important cautionary and forward-looking statements, as well as contact information for further inquiries.