Shell plc (“Shell”) today announced that the payment of its second quarter 2022 interim dividend will be moved from Monday September 19, 2022 to Tuesday September 20, 2022.
This change follows the announcement of a bank holiday on Monday September 19, 2022, made by the UK Government on Saturday September 10, 2022, for Her Majesty Queen Elizabeth II’s State Funeral and the subsequent releases made by the Bank of England and Euroclear UK & International that in line with their usual bank holiday processes, their systems, required to settle this dividend payment, will be closed on this bank holiday.
This change in payment day will apply to Shell’s second quarter 2022 interim dividend integrally, thus covering dividend payments in (i) any of the three available currencies (pound Sterling, euro and US dollar) for ordinary shares and (ii) US dollars for American Depositary Shares.
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Cautionary note
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. “Joint ventures” and “joint operations” are collectively referred to as “joint arrangements”. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.