麻豆传媒

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Shell Global

Scrip dividend

Scrip Dividend Programme

Shell plc (the 鈥淐ompany鈥�) operated a Scrip Dividend Programme (the 鈥淧rogramme鈥�) from the first quarter interim dividend for 2015, however the Company announced on November 28, 2017 the cancellation of the Programme with effect from the fourth quarter 2017 interim dividend. The cancellation meant that the fourth quarter 2017 interim dividend and future dividends will be settled entirely in cash, rather than the Company offering a share-based alternative.

Please note that the Programme operated before Shell simplified its share structure into a single line of ordinary shares. Therefore, details of the Programme and share issuances set out below include historical references to Shell鈥檚 A / B Share Structure which operated at that time.

Scrip share issued

The data in the spreadsheet will be updated weekly on Wednesday for the previous week鈥檚 share buyback transactions and after each scrip shares issue by Shell plc.

麻豆传媒 & US tax basis for shares or ADSs issued under the scrip dividend programme

麻豆传媒: The Market price of RDSA and RDSB on the London Stock Exchange on the dividend payment date as calculated in accordance with S272 (3) of the Taxation of Chargeable Gains Act 1992 is shown in the table below.

US: Under Shell鈥檚 Scrip Dividend Program, holders of A ADSs and B ADSs could elect to receive a dividend in cash or in A ADSs. In accordance with IRS rules, Shell reports the U.S. tax basis of A ADSs distributed as part of the scrip program. The table below summarizes that U.S. tax basis information. Supporting documentation (as described in Internal Revenue Code Sec. 6045B) is contained in the following summary table.

Potential SDRT reclaim for ADS holders electing scrip

On 28 February 2012 the First-tier Tribunal (Tax Chamber) of the United Kingdom released its. This ruling established that Stamp Duty Reserve Tax (鈥淪DRT鈥�) is not due on the issue of shares to a US depositary.

As explained in the scrip reference announcement for the first quarter 2012 interim dividend made on the 16th of May 2012 and following quarters, the Reference ADS price no longer includes an adjustment for the deduction of SDRT. Given these changes, there is no longer a need to have an Alternative Reference ADS Price. Instead the Reference ADS Price applies to all A ADSs and B ADSs.

Previously, in the third and fourth quarter 2010 interim dividends and in all four quarterly 2011 interim dividend the depository bank for A ADSs and B ADSs, the Bank of New York Mellon (鈥淏oNY鈥�), took SDRT out of the scrip dividend and transferred this SDRT in pound sterling to HMRC.

For each whole ADS awarded as scrip dividend, this SDRT deduction equated to 1.5% of the Reference Share Price of the two A Shares underlying each new A ADS. For these six affected quarters this equates to the deductions per whole ADS awarded as scrip dividend provided by the following table:

Affected ADS holders might be able to reclaim these SDRT amounts deducted on previous issues under the Scrip Dividend Programme.  providing guidance about how claims to repayment should be made to HMRC.

ADS holders who wish to seek such refund of SDRT should speak to their tax advisor.

Scrip dividend communication to shareholders