The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Difference Between RDSA and RDSB • Categorized under Business | Difference Between RDSA and RDSB RDSA vs RDSB Royal Dutch Shell is a company that is associated with oil and gas. It has global operations with its headquarters in The Hague, Netherlands and has a registered office in London, United Kingdom. As a company, it is often referred to simply as Shell. In the present, it is the second largest energy company in the world and fifth largest company overall. As a gas and oil company, its activities include exploration of gas and oil reservations, production, refining, and distribution of oil around the globe. It is also a company that dabbles in petrochemicals, power generation, and trading. With the current trend of renewable energy in response to climate change, the company has been involved in biofuels, hydrogen, solar and wind power. As a business, the company is registered in the stock market as RDSA and RDSB. These are the classifications of shares wherein each share is a share of the company. Both shares have identical rights but have different characteristics. For example, RDSA is associated with the original Royal Dutch Shell Company. It is Dutch listed and complies with the Dutch tax system. For people who have these kinds of shares, there is a Dutch withholding tax on the shares divided on the rate of 15-25 per cent. This is in accordance with the Divide Access Mechanism that the company imposes on its company shares. Also, the default currency to pay the dividends is in Euros, the currency adopted by the Dutch government. Both RDSA and RDSB shares are traded in three stock exchange centers – London, Amsterdam, and New York. The RDSA shares also have control of the 57 per cent of the company. The shareholders do not have voting power in the company, but they receive the assets before the other shareholders of RDSB in case of a bankruptcy. On the other hand, the shareholders of RDSB are associated with Shell Transport and Trading, the company’s shipping arm which is based in London, United Kingdom. Since Shell Transport and Trading is a company in itself, thus it is listed as a United Kingdom company and has shareholders of its own. As a British company, it is under the tax system of the United Kingdom. With respect to the Divide Access Mechanism of the company, these shares don’t have withholding tax since these shares are U.K.-sourced dividends. The company should prove to the Dutch tax inspectors that these shares are sourced directly from U.K. income. RDSB controls the remaining 43 per cent of the company’s total shares and pays in pound sterling (the U.K.’s currency) when it comes to pay dividends. Also, shareholders of RDSB have voting power in the company but cannot receive assets until the RDSA shareholders get their share of the assets in a bankruptcy scenario. Summary: 1.RDSA and RDSB shares differ in the location where they are listed – RDSA is formerly