Recommended cash and share offer for BG Group plc by Royal Dutch Shell plc

This is historic information relating to the recommended cash and share offer for BG Group plc by Royal Dutch Shell plc via a scheme of arrangement. This scheme of arrangement became effective on February 15, 2016.

The Company and its Registrars are unable to offer advice or calculate capital gains tax liabilities.

For the purposes of UK capital gains tax, the market values on February 15, 2016 were:

Share Value per share
A share £ 15.420
B share £ 15.405


BG Group plc - Historical Data

British Gas plc to BG Group plc (October 2000)

Changes to the CGT status of shares

The information below covers the capital gains tax (CGT) events that have affected BG Group shareholders from the privatisation of British Gas in 1986 to the completion of the demerger of Lattice Group in 2000. The information is primarily provided for the purpose of individual shareholders resident in the UK calculating their personal tax liability.

Schedule of events

British Gas plc to BG Group plc (October 2000) - schedule of events

Date RPI Index Event Base cost/split

December 1986

99.62

Privatisation of British Gas.
Shares were issued to investors in multiples of 100.

 

£1.35 per share
December 1989 118.8 Bonus shares issued to qualifying shareholders on the basis of one bonus share for every ten shares held (subject to a maximum of 500 bonus shares). £2.345 per bonus share
February 1997 155.0 British Gas demerged to form BG plc and Centrica plc.
Shareholders received one BG share and one Centrica share for every British Gas share.
72.947% to BG
27.053% to Centrica
November 1997 159.6 BG plc capital restructure
- "the B share scheme".
BG shareholders received 17 B shares and 15 new BG plc ordinary shares for every 17 BG shares held.
88.713% to new BG ordinary shares
11.287% to the B shares
April 1998 162.6 The ending of indexation for CGT purposes. -
December 1998 - Outstanding B shares converted back into BG ordinary shares on the basis of one BG ordinary share for every 12.995 B shares. -
December 1999 - BG Group plc created by the restructuring and refinancing of BG plc.Shareholders received 8 BG Group shares for every 9 BG shares held and one Bond package for every 7,840 BG shares held
(or cash in respect of fractional entitlements to Bond packages).
89.205%* to BG Group shares 10.795% to Bonds (or fractional entitlements)
October 2000 - Lattice Group plc demerged from BG Group.
Shareholders received one BG share and one Lattice share for every BG Group share.
65.6212% to BG Group shares 34.3788% to Lattice Group plc shares

* This is the split for the large majority of shareholders who received cash only (i.e. not bonds). For those who received bond packages, the split is 88.929% to the shares and 11.071% to the bond package (split 3.698% index-linked, 3.714% floating rate and 3.659% fixed rate). The bonds are 'qualifying corporate bonds' for tax purposes.

Impact on shareholders

  1. Privatisation shareholders. The base cost for CGT purposes can be calculated by taking the base cost of the shares (and if appropriate the bonus shares) and applying the changes to the retail price index (RPI) and the changes from the successive restructurings. The result will vary depending on whether bonus shares were received and whether or not the B shares were sold or held until they were converted back to ordinary shares. The table below shows the CGT base cost at October 2000 for those shareholders who have held their shares continuously since the privatisation of British Gas in 1986 (and not made any other acquisitions or disposals of British Gas/BG/BG Group shares).
  2. Other shareholders. The base cost for CGT purposes depends on the timing of the share purchase and the price paid for the shares, and so will vary from shareholder to shareholder. The impact of each restructuring can be calculated using the factors shown in the table below.

 

Base cost of BG Group shares held since the privatisation of British Gas

The following table shows the position immediately after the demerger of Lattice Group in October 2000, for those individual shareholders who have held shares continuously since privatisation, and who have made no other acquisitions or disposals of British Gas/BG/BG Group shares.

Following the restructuring in December 1999, shareholders may elect to claim small shareholder relief on the fractional cash payment they received in respect of their fractional entitlement to a bond package. In such cases, the base cost attributable to the bond cash fraction will be deducted from the relevant base cost for the shares shown in the table.

Share information

Share information
Bonus shares received and B shares held Bonus shares received and B shares sold No bonus shares and B shares held
 
No bonus shares and B shares sold
Original issue of British Gas shares BG Group shares Base cost £ BG Group shares Base cost £ BG Group shares Base cost £ BG Group shares Base cost £
100 93 107 86 94 84 93 78 82
200 186 214 172 190 169 186 156 165
300 280 321 258 285 255 281 234 247
400 374 430 344 380 339 373 312 330
500 468 538 431 478 425 469 392 417
600 561 645 517 573 511 564 470 499
800 749 862 689 763 680 749 626 665
1000 936 1076 862 955 851 939 784 834
1200 1124 1293 1034 1146 1022 1127 940 999
1400 1312 1509 1207 1339 1192 1315 1097 1167


Royal Dutch Petroleum Company

This is historic information relating to Royal Dutch Petroleum Company (N.V. Koninklijke Nederlandsche Petroleum Maatschappij) which ceased to exist on 21 December 2005.

The Company and its Registrars are unable to offer advice or calculate capital gains tax liabilities.

For the purposes of UK capital gains tax, the market values were:

Date Value

31 March 1982

£  1.1349

20 July 2005

£17.6625

Share prices have been restated where necessary to reflect all capitalisation issues since the relevant date.  This includes the change in the capital structure following the unification of Royal Dutch and Shell Transport where 1 Royal Dutch share was exchanged for 2 Royal Dutch Shell plc class A shares.


The “Shell” Transport and Trading Company

This is historic information relating to The “Shell” Transport and Trading Company, p.l.c. which delisted on 19 July 2005.

The Company and its Registrars are unable to offer advice or calculate capital gains tax liabilities.

For the purposes of UK capital gains tax, the market values were:

Date Value

31 March 1982

 £1.4502

Share prices have been restated where necessary to reflect all capitalisation issues since the relevant date. This includes the change in the capital structure following the unification of Royal Dutch and Shell Transport where 1 Shell Transport share was exchanged for 0.287333066 Royal Dutch Shell plc class B shares.

You may also be interested in

Share prices

Share price information and charts, calculators and historical share prices.

Annual Reports and publications

The 2016 Annual Report and Form 20-F, the 2016 Sustainability Report and the 2016 Investors' Handbook are available for online reading and as PDF download.