|Announcement date||November 1, 2018|
|Ex-dividend date (see Note 1)||November 15, 2018|
|Record date||November 16, 2018|
|Closing of currency election date (see Note 2)||November 30, 2018|
|Pounds sterling and euro equivalents announcement date||December 6, 2018|
|Payment date||December 19, 2018|
The New York Stock Exchange (NYSE), with effect from September 5, 2017, reduced the standard settlement cycle in accordance with the SEC amendments to Exchange Act Rule 15c6-1(a). Under these rules, regular settlement will occur on a T+2 basis for trades occurring on or after the SEC's implementation date of September 5, 2017.
As a result RDS A ADSs and RDS B ADSs traded on the NYSE markets will now settle in line with RDS A shares and RDS B shares traded on European markets, who moved to a T+2 settlement basis for trades in 2014, resulting in the same ex-dividend date for RDS A shares, RDS B shares, RDS A ADSs and RDS B ADSs. Record dates will not change. The timings of these are detailed above.
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.
As a result of the cancellation of the Scrip Dividend Programme (the “Programme”) the dividend timetables for the fourth quarter 2017 and the first, second, and third quarter 2018 interim dividends have been updated to remove the dates related to the Programme.