Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc, dated January 12, 2010, reports a notification of major interests in shares submitted to the London Stock Exchange. The filing pertains to a transaction occurring on January 8, 2010, involving Legal & General Group Plc and its subsidiaries.
Key Financial Metrics
The filing text does not provide revenue, profit, cash flow, margins, debt, or liquidity metrics. This document is a regulatory disclosure regarding share ownership thresholds rather than a financial performance report.
Material Changes
The material change reported is a reduction in the voting rights held by Legal & General Group Plc (Group) and Legal & General Investment Management Limited (LGIM) in Royal Dutch Shell plc B shares. Following the transaction on January 8, 2010, the total voting rights held by these entities fell below the 5% threshold.
- Previous Position: As of December 22, 2009, the Group held 135,139,546 shares.
- Resulting Position: The total voting rights percentage is now reported as below 5%.
- Specific Holdings: Legal & General Group Plc (Direct) holds 122,387,691 shares (4.53%), and Legal & General Assurance (Pensions Management) Limited holds 104,917,196 shares (3.89%).
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, or specific risk factors related to Shell's operations. The document strictly details the mechanics of the shareholding notification and the chain of controlled undertakings.
Investor Verification Points
- Verify the exact number of shares held by Legal & General Group Plc and its subsidiaries to confirm the precise percentage of voting rights post-transaction.
- Confirm the total voting rights figure of 2,695,808,103 used as the denominator for percentage calculations.
- Review the chain of controlled undertakings to understand the direct and indirect ownership structure of the reported holdings.
- Check for any subsequent filings if the 5% threshold is crossed again in the future.