Shell Plc has announced the euro and pounds sterling equivalent dividend payments for the first quarter of 2024. The interim dividend, announced on May 2, 2024, stands at US$0.344 per ordinary share. Shareholders were given the option to receive dividends in US dollars, euros, or pounds sterling. Those who submitted valid currency elections by June 3, 2024, will receive dividends of US$0.344, €0.3166, or 26.94p per ordinary share, respectively.
In the absence of a valid election, shareholders holding ordinary shares through Euroclear Nederland will receive dividends in euros, while shareholders holding shares through the Shell Corporate Nominee will receive dividends in pounds sterling. The euro and pounds sterling dividends payable in cash have been converted from US dollars based on average market exchange rates over three dealing days from June 5 to June 7, 2024. The dividend will be payable on June 24, 2024, to members whose names were on the Register of Members on May 17, 2024.
The announcement also includes a cautionary note, advising shareholders to consult their tax advisor regarding the tax treatment of dividends. Additionally, it provides information on a different currency election date that may apply to certain shareholders and offers contact details for shareholder enquiries.
The announcement concludes with a cautionary note and forward-looking statements, highlighting the potential risks and uncertainties that could affect Shell's future operations and results. It emphasizes that forward-looking statements are based on management's current expectations and assumptions and may be subject to known and unknown risks and uncertainties.
For further information, shareholders are encouraged to contact Shell Media Relations.
This summary provides a comprehensive overview of Shell Plc's recent announcement regarding dividend payments, currency elections, and related information, as well as the cautionary note and forward-looking statements included in the announcement.