Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc, dated March 16, 2009, reports a notification of major interests in shares submitted to the London Stock Exchange. The filing details a change in shareholding by Legal & General Group Plc (L&G) and its subsidiaries, specifically Legal & General Assurance (Pensions Management) Limited (PMC).
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a regulatory disclosure regarding voting rights and does not contain financial performance data.
Material Changes
The primary material change reported is an increase in the voting interest held by Legal & General Group Plc in Royal Dutch Shell plc:
- Threshold Change: L&G's total voting rights increased from 3% to 4%.
- Transaction Date: March 11, 2009.
- Notification Date: March 13, 2009.
- Total Voting Rights: The resulting total number of voting rights held is 141,976,329, representing 4.00% of the total voting rights (based on a total of 3,545,663,973).
Breakdown of holdings after the transaction:
- A ORD EURO 0.07 (UK): 24,179,080 shares (0.681% voting rights).
- A ORD EURO 0.07 (NL): 117,728,449 shares (3.320% voting rights).
- ADRs: 34,400 shares (0.001% voting rights).
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is strictly a notification of shareholding changes.
Investor Verification Checklist
- Verify the total number of voting rights outstanding (3,545,663,973) to confirm the 4.00% calculation.
- Confirm the chain of controlled undertakings holding the shares, specifically the roles of LGIMH, LGIM, LGIMHD, LGIH, LGAS, LGPL, and PMC.
- Check for any subsequent filings regarding further acquisitions or disposals by Legal & General Group Plc.
- Review the Registration Statements on Form F-3 and Forms S-8 referenced in the filing for related capital raising activities.