LONDON, March 26, 2013 /PRNewswire/ --
Royal Dutch Shell plc (the
'Company')(NYSE: RDS.A)(NYSE: RDS.B) announces that it has entered
into an irrevocable, non-discretionary arrangement with an
independent third party to enable the purchase of 'B' ordinary
shares, for cancellation, during its 2013 first quarter results
closed period. The close period commences on 2 April 2013 and is up to and including
2 May 2013.
As previously announced, the purpose of the share buy-back
programme is to offset dilution created by the issuance of shares
for the Company's Scrip Dividend Programme. At this time, it is
less economic for the Company to purchase 'A' ordinary shares under
the share buy-back programme due to Dutch dividend withholding Tax
rules.
Any purchases will be effected within certain pre-set parameters
and in accordance with the Company's general authority to
repurchase shares and Chapter 12 of the Listing Rules.
Enquiries
Shell Media Relations
International, UK, European Press: +44(0)207-934-5550
Shell Investor Relations
Europe: +31-70-377-3996
United States: +1-713-241-2069
SOURCE Royal Dutch Shell plc