By Victor Uchechukwu
The Board of Shell plc has announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2025 interim dividend, recalling that it was first announced on July 31, 2025 at US$0.358 per ordinary share.
According to the Dutch firm, shareholders have also been able to elect to receive their dividends in US dollars, euros or pounds sterling. Meanwhile holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by September 1, 2025 Shell said would be entitled to a dividend of US$0.358, €0.3068 or 26.62p per ordinary share, respectively.
It added that Nederland would receive their dividends in euros at the euro rate per ordinary share shown above, and that is only feasible in the absence of any valid election to the contrary, persons holding their ordinary shares through Euroclear. Again, in the absence of 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 are also expected to receive their dividends in pounds sterling, at the pound sterling rate per ordinary share as has already been indicated above.
It has also said that every Euro and pounds sterling dividend payable in cash had already been converted from US dollars based on an average of market exchange rates over the three dealing days from September 3 to September 5, 2025 and would be payable on September 22, 2025 to members whose names were on the Register of Members as at August 15, 2025, urging every member to consult a tax advisor in the case of any misunderstanding. The Company also urged members to know that a different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. This may also apply to other shareholders who do not hold their shares either directly on the Register of Members or in the corporate sponsored nominee arrangement. Shareholders can contact their broker, financial intermediary, bank or financial institution for the election deadline that applies.