TIDMRDSA TIDMRDSB

RNS Number : 8400X

FTSE Russell

07 January 2022

 
 
 
 
 
 

Royal Dutch Shell (UK) - Simplification of Share Structure

Informative Notice

07 January 2022

FTSE Russell notes the announcement of the timetable by Royal Dutch Shell in relation to the simplification of its share structure, whereby each share of Royal Dutch Shell A (UK, B03MLX2, FTSE 100 Index, GEIS Large Cap) and Royal Dutch Shell B (UK, B03MM40, FTSE 100 Index, GEIS Large Cap) will be assimilated into a single line of Shell Plc (UK, BP6MXD8). Shell Plc will be incorporated and tax resident in the UK.

Based on the current expected timetable, FTSE Russell anticipates the following treatment:

Friday 28 January 2022:

The last day of trading of the A and B shares.

Monday 31 January 2022 (from market open):

The simplified Shell Plc line will commence trading with the current A line being retained within its existing FTSE Russell indices, with its shares being updated to incorporate the simplification terms. This will be implemented with updates to the A line's name, codes, tax treatment, shares in issue, and its investability weight.

The B line security will be removed from all FTSE Russell indices.

The index changes will be implemented using market prices (i.e. using the close prices from Friday 28 January 2022). FTSE Russell will release further index notices in due course.

Please note: Following the effective date, there will be no withholding tax levied on dividends distributed by the UK tax resident company, this will result in no difference applied within the FTSE Total Return Indices and FTSE Total Return Declared Dividend Indices, please refer to the 17 November 2021 notice for further detail.

 
 For further information please contact FTSE Russell Client Services at info@ftserussell.com 
                             or call: Australia    +1800 653 680 
                                  Hong Kong    +852 2164 3333 
                                 Japan        +81 3 4563 6346 
                               London       +44 (0) 20 7866 1810 
                                  New York     +1866 551 0617 
 
                Alternatively please visit our website at www.ftserussell.com 
                        Terms of Use | Copyright (c) 2022 FTSE Russell 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

FTSEAXFXESLAEFA

(END) Dow Jones Newswires

January 07, 2022 12:59 ET (17:59 GMT)

Shell (LSE:SHEL)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Shell.
Shell (LSE:SHEL)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Shell.