Tag: #Stock Loan

06/24/2020 | 01:01pm BST

TORONTO, June 24, 2020 (GLOBE NEWSWIRE) —

• Reported assets under management of $36.3 billion
• Private alternatives AUM increased 5.4% in the quarter to $2.9 billion
• Reported diluted EPS of $0.07 for the second quarter of 2020

AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the second quarter ended May 31, 2020.

AGF reported total assets under management (AUM) of $36.3 billion compared to $38.3 billion in the same period in 2019. Average daily mutual fund AUM decreased to $17.4 billion compared to $19.2 billion in the same period in 2019 driven by recent market volatility. Ending mutual fund AUM was $18.3 billion. AUM related to AGF’s private alternative business increased 31% to $2.9 billion compared to $2.2 billion in the same period of 2019. 

In an uncertain environment AGF’s mutual funds held up well against the industry, reporting net redemptions of $93.0 million compared to net redemptions of $498.0 million in Q2 2019. Excluding net flows from institutional clients invested in mutual funds, net redemptions were $169.0 million in the comparative period of 2019. Eight of ten AGFiQ ETFs listed in Canada have outperformed their peers year-to-date¹. Further, four of six ETFs listed in the U.S. have also outperformed peers year-to-date².  On the private alternative side, InstarAGF announced the final close of InstarAGF Essential Infrastructure Fund II (Fund II) with USD$1.2 billion in assets.  Fund II follows InstarAGF’s Essential Infrastructure Fund I, which closed in 2017 with C$740.0 million in assets.

“During a challenging quarter, we continued to execute against our strategy and stated goals,” said Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, AGF. “We announced significant progress in the merger between Smith & Williamson and Tilney with a revised transaction structure and we saw continued growth in the private alternatives space as market dynamics continue to drive assets into differentiated products that provide negative correlation, enhance returns and increase income levels.”

Business Highlights:

• On June 1, AGF confirmed that a revised transaction structure has been agreed for the proposed merger between Tilney and Smith & Williamson (S&WHL).
• InstarAGF Asset Management Inc. announced the final closing of Fund II, with approximately USD$1.2 billion in aggregate equity commitments.
• AGF is a finalist at the annual Wealth Professional Awards in four categories: CEO of the Year, Fund Provider of the Year, Employer of Choice and ETF Champion of the Year.
• During the quarter, AGF announced a number of changes and enhancements to its product suite, including fund mergers, a decrease in risk ratings and a name change.
• AGF has been hosting a weekly market call since the week of March 15th with consistent attendance of over 750+ attendees and a steady growth of institutional attendees week-over-week.
• Nearly all of AGF’s global staff worked from home this quarter with no interruptions to business operations. AGF employees have proven they can effectively work from home and their engagement remains high as they have embraced technology, finding efficiency and benefits in this environment.

“Through this time of great uncertainty, we remain focused on providing the best possible stewardship of the investments entrusted to our care and to providing an exceptional client experience strengthened by our digital transformation initiatives. Looking ahead, our executive team has turned our attention to refining our back-to-office plan and have identified a number of guiding principles to ensure our employee physical and mental health continues to guide our decision-making processes,” added McCreadie.

For further information on AGF’s pandemic response plan statement visit AGF.com.

Financial Highlights:

• Income for the three months ended May 31, 2020 was $89.0 million, compared to $109.8 million for the three months ended May 31, 2019. During the current period, no earnings from S&WHL were recognized, the investment is now accounted for as a held for sale asset, as compared to equity earnings of $6.5 million recorded in the three months ended May 31, 2019.
• Selling, general & administrative (SG&A) for the three months ended May 31, 2020 declined $8.4 million or 17.3% to $40.2 million compared to $48.6 million in prior year comparative period.
• Excluding the impact of the change in accounting related to S&WHL, EBITDA before commissions was $21.2 million for the three months ended May 31, 2020, compared to $22.7 million ($23.9 million adjusted for IFRS 16) for the same period in 2019.
• Diluted earnings per share (EPS) for the three months ended May 31, 2020 was $0.07, compared to $0.14 ($0.15 adjusted for IFRS 16) for the comparative period in prior year.
• Excluding the impact of the change in accounting related to S&WHL, EPS for the three months ended May 31, 2020 was $0.07 as compared to $0.06 ($0.07 adjusted for IFRS 16) for the three months ended May 31, 2019.
• For the three months ended May 31, 2020, AGF declared an eight cent per share dividend on Class A Voting common shares and Class B Non-Voting shares payable on July 20, 2020 to shareholders on record as at July 10, 2020.
• With the announcement of the final closing of Fund II, AGF’s private alternative AUM is $2.9 billion as at May 31, 2020, a 31% increase as compared to May 31, 2019.  AGF continues to focus on growing the alternative business, with a target of $5 billion in AUM by 2022. Since inception, AGF’s long-term seed investments in the alternative platform have produced gross internal rates of return in excess of 12%.
• Based on the terms of the revised transaction structure for the sale of AGF’s ownership in S&WHL, the Company estimates that it will receive total cash of approximately £177 million (approximately C$297 million³), excluding tax and one-time expenses subject to closing adjustments. Net cash received after tax and one-time expenses will be approximately £164 million (approximately C$275 million³). Total cash includes dividends and distributions of up to £28 million (approximately C$47 million³) comprised of an interim dividend of £2.7 million (C$4.5 million) that was received on February 7, 2020, an interim dividend of approximately £5 million (approximately C$9 million³) payable on June 26, 2020 and, immediately before closing, an estimated special distribution of approximately £20 million (approximately C$33 million³). On closing, AGF is expected to receive cash proceeds of approximately £149 million (approximately C$250 million³) compared to a book value as at May 31, 2020 of $145.4 million. AGF has entered into a forward contract to secure AGF’s cash consideration at an exchange rate of 1.68. The forward contract expires on November 30, 2020. The revised transaction structure is subject to regulatory and shareholder approvals.

	(from continuing operations)	Three months ended	Six months ended
			May 31,			February 29,			May 31,			May 31,			May 31,
	(in millions of dollars, except per share data)		2020			2020			2019			2020			2019
	Income
	Management, advisory, administration fees and
	deferred sales charges	$	88.8		$	99.4		$	101.1		$	188.2		$	193.7
	Share of profit of joint ventures		0.6			0.1			0.1			0.7			0.2
	Share of profit of associate (S&WHL)		–			–			6.5			–			10.9
	Dividend Income (S&WHL)		–			4.5			–			4.5			–
	Fair value adjustments and other income (loss)		(0.4	)		2.7			2.1			2.3			10.0
	Total Income		89.0			106.7			109.8			195.7			214.8
	Selling, general and administrative		40.2			45.3			48.6			85.5			96.6
	EBITDA before commissions4		21.2			30.2			29.2			51.3			42.1
	Adjusted EBITDA before commissions4		21.2			30.2			30.4			51.3			58.8
	Net income		5.3			10.8			11.5			16.1			11.3
	Adjusted net income		5.3			10.8			11.7			16.1			22.8
	Diluted earnings per share		0.07			0.13			0.14			0.20			0.14
	Adjusted diluted earnings per share4		0.07			0.13			0.15			0.20			0.28
	Free Cash Flow4		6.1			14.5			8.2			20.6			24.8
	Dividends per share		0.08			0.08			0.08			0.16			0.16
	Long-term debt		199.9			216.9			168.7			199.9			168.7
	(end of period)	Three months ended
			May 31,			February 29,			November 30,			August 31,			May 31,
	(in millions of dollars)		2020			2020			2019			2019			2019
	Mutual fund assets under management (AUM)5	$	18,259		$	18,492		$	19,346		$	18,839		$	18,725
	Institutional, sub-advisory and ETF accounts AUM		9,591			10,313			10,755			10,391			11,712
	Private client AUM		5,624			5,905			6,100			5,778			5,722
	Private alternatives AUM6		2,862			2,716			2,580			2,413			2,179
	Total AUM, including private alternatives AUM		36,336			37,426			38,781			37,421			38,338
	Net mutual fund redemptions5		(93	)		(344	)		(181	)		(103	)		(498	)
	Average daily mutual fund AUM5		17,386			19,462			19,015			18,915			19,250

1	Morningstar Direct, as of May 31, 2020, Net of Fees. Excludes Funds with less than one year since inception.
2	Morningstar Direct, as of May 31, 2020, Net of Fees.
3	All Canadian dollar figures assume an exchange rate of 1.68.
4	EBITDA before commissions (earnings before interest, taxes, depreciation, amortization and deferred selling commissions), adjusted EBITDA before commissions, adjusted net income, adjusted diluted earnings per share and Free Cash Flow are not standardized measures prescribed by IFRS. The Company utilizes non-IFRS measures to assess our overall performance and facilitate a comparison of quarterly and full-year results from period to period. They allow us to assess our investment management business without the impact of non-operational items. These non-IFRS measures may not be comparable with similar measures presented by other companies. These non-IFRS measures and reconciliations to IFRS, where necessary, are included in the Management’s Discussion and Analysis available at www.agf.com.
5	Mutual fund AUM includes retail AUM, pooled fund AUM and institutional client AUM invested in customized series offered within mutual funds.
6	Represents fee-earning committed and/or invested capital from AGF and external investors held through joint ventures. AGF’s portion of this commitment is $207.4 million, of which $146.1 million has been funded as at May 31, 2020.

For further information and detailed financial statements for the second quarter ended May 31, 2020, including Management’s Discussion and Analysis, which contains discussions of non-IFRS measures, please refer to AGF’s website at www.agf.com under ‘About AGF’ and ‘Investor Relations’ and at www.sedar.com.

Conference Call

AGF will host a conference call to review its earnings results today at 11 a.m. ET.

The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/vhw8h994. Alternatively, the call can be accessed toll-free in North America by dialing 1 (800) 708-4540 (Passcode #: 49723956).

A complete archive of this discussion along with supporting materials will be available at the same webcast address within 24 hours of the end of the conference call.

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, private alternatives and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.

AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With over $36 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 01:31pm BST

SAN FRANCISCO, June 24, 2020 (GLOBE NEWSWIRE) — White Oak Global Advisors, LLC, (“White Oak”, or the “Firm”) today reiterated its commitment to responsible credit investing by dedicating additional resources to deploy capital in senior-secured, non-sponsored debt investments in companies that are focused on environmental and social outcomes, particularly in the areas of healthcare, environment and well-being. As a leader in the private debt asset class, White Oak is uniquely positioned to provide senior secured first lien loans that benefit small to middle market businesses that are mission driven to make a positive impact and reduce the footprint on our earth.

White Oak has an established 4-year track record in the ESG space and hopes not only to continue to provide attractive risk-adjusted yields to investors, but also to help investors deploy capital into businesses that will make a positive impact to the environment and society.

Terésa Cutter leads the Firm’s ESG and impact initiatives, and has extensive experience in building and managing ESG initiatives, including on behalf of the California State Teachers Retirement System. “As a firm, it is in our DNA to pioneer innovative ways to help small- and medium–sized businesses. We have learned a lot since we launched our first responsible investment strategy over four years ago, before most of our competitors had even thought to enter the space. We have not wavered in our commitment to sustainable environmental and social solutions – this isn’t a check-the-box marketing initiative for us,” says Ms. Cutter.

The Firm looks to help investors who wish to reduce reliance on traditional fossil fuels and mining for energy, proactively locate new sources of alternative energy, democratize access to education, and support medical solutions that improve health and wellbeing. Typical areas of interest include businesses that aspire to have a social or environmental impact in sectors like agriculture, water, renewable energy, energy efficiency and storage, and/or in responsible waste management, affordable housing, healthier and more sustainable products and services, upgrades to declining industry and infrastructure, education, the arts, elder care, and healthcare.

White Oak CEO Andre Hakkak comments, “Given the times, responsible investing could not be more relevant. Small and middle market businesses have been struggling as a result of the Covid-19 pandemic, and as one of the few approved small business lenders alongside bigger banks in certain parts of the world, we are able to play a key role in helping these business owners get back on their feet. Importantly, we have historically helped finance the dreams of minority business owners and will continue to work with all of our borrowers supportively, versus capitalize on their pain, as we see happening with a spate of distressed strategies that have recently hit the market.”

White Oak is guided by the United Nations Sustainable Development Goals, which provide a global blueprint for dignity, peace, and prosperity for all people and the planet. The Firm continues to focus primarily on non-sponsored opportunities, for which they believe present fewer conflicts of interest relative to sponsored lending strategies.

According to Ms. Cutter, “The global issues that the world is grappling with, from coronavirus to its disproportionate effects on health and race, underscore how environmental and global disasters entrench inequity, and further highlight the importance of responsible investing and allocating resources toward solutions that support a just and sustainable world.”

ABOUT WHITE OAK GLOBAL ADVISORS, LLC

White Oak Global Advisors, LLC is a leading global alternative asset manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Since its inception in 2007, White Oak Global Advisors, LLC’s disciplined investment process aims to deliver risk-adjusted investment returns for our investors while establishing long term partnerships with our borrowers. More information can be found at http://www.whiteoaksf.com

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:50pm BST

Highlights:

* Green Finance Framework lays foundation for a broad range of sustainable finance instruments such as green bonds and green loans

* Daimler meets the increasing investor demand for sustainable investments and opens an additional funding source for Daimler’s sustainable business strategy

* Green finance instruments allow investors to invest in green projects like the development and production of electric vehicles

* Highest rating, ‘Dark Green’ from CICERO, a leading provider of independent, research-based evaluations of green finance frameworks

* Next milestone will be the issuance of a green bond near term

In line with its sustainable business strategy Daimler AG (ticker symbol DAI) lays the foundation for sustainable financing to issue a broad range of sustainable finance instruments such as green bonds and green loans. With a Green Finance Framework the company is enabling investors to participate in the ambitious sustainability goals and creating new opportunities to finance significant upfront investments towards CO2-neutral technologies and services.

Sustainability@Daimler

Daimler’s approach to sustainability means generating economic, environmental and social value added for all stakeholders: customers, investors, employees, business partners and society as a whole. Climate protection, air quality, human rights and resource preservation are part of the core action fields in Daimler’s group-wide sustainable business strategy.

In accord with the Paris Climate Agreement, Mercedes-Benz Cars wants to offer a completely CO2-neutral new-vehicle fleet by 2039 under the heading ‘Ambition2039’. This includes topics such as raw materials and the supply chain, the production of the vehicles, their use phase and recycling concepts. One milestone along this path is the interim goal of having five all-electric passenger cars and 20 plug-in hybrid variants on the market by the end of 2020.

The Daimler Trucks & Buses division aims to offer only new vehicles that are CO2-neutral in driving operation (‘tank-to-wheel’) in the major markets of Europe, Japan and North America by 2039. Mercedes-Benz Vans is following the Mercedes-Benz Cars strategy for its vans for private use and the strategy of Daimler Trucks & Buses for its vans for commercial use.

Green Finance Framework

The Green Finance Framework is a summary of principles under which Daimler will utilize green financing instruments in the future. It applies to a broad range of debt instruments such as green bonds, green promissory notes (Schuldscheine), green commercial paper and green loans. Due to Daimler’s frequent and standardized public reporting, the company is creating transparency on the positive climate effects of the financed projects.

Daimler follows the best practices in relation to green bonds and loans as market standards develop and as the EU classification of environmentally sustainable economic activities (taxonomy) and the EU Green Bond Standard enter into force. Swedish Bank SEB has acted as green structuring advisor.

Daimler will allocate the net proceeds from the green financing instruments to develop and produce zero-emission vehicles such as battery-electric (BEV) and fuel-cell electric vehicles (FCEV), for example. More than 50% of the proceeds will be allocated to the category ‘Clean Transportation’. Furthermore, proceeds may be used, for example, to upgrade manufacturing facilities or construct new facilities for the production of zero-emission vehicles and their drivetrains, and to establish the recycling of batteries and fuel cells.

Lighthouse Projects

Next year the all-new EQS from Mercedes-Benz will enter the showrooms. This all-electric vehicle will be based on a newly developed, dedicated battery electric vehicle architecture. The electric flagship model from Mercedes-Benz will drive off the production line in the new ‘Factory 56’ in Sindelfingen, about 20 kilometers from the Daimler headquarters in Stuttgart. This ultramodern production facility is consistently applying innovative technologies and processes in vehicle production that are digital, flexible and sustainable. The EQS will be partially equipped with CO2-neutral battery cells. The entire battery package will be manufactured in Mercedes-Benz’s global battery production network.

The large-scale development, production and commercialization of fuel-cell systems for heavy-duty commercial vehicles and other applications is planned in a Joint Venture with Volvo Trucks. The common goal is for both companies to offer heavy-duty vehicles with fuel-cells for demanding long-haul applications in series production in the second half of the decade.

‘Dark Green’ shading in second-party opinion from CICERO

Daimler has consulted CICERO Shades of Green, a leading provider of independent, research-based evaluations of green finance frameworks to assess the environmental robustness of its framework. Daimler’s framework obtained the highest rating, ‘Dark Green’, from CICERO. The Second-Party Opinion from CICERO is available on Daimler’s website.

Daimler will provide a Green Finance Investor Report on an annual basis until full allocation of the proceeds, and thereafter in the case of any material change to allocation, in order to create transparency for investors and the public on the financed projects. Examples of indicators and metrics could be, for the ‘Clean Transportation’ category, the number of zero-emission vehicles (BEVs, FCEVs) sold or for ‘Energy Efficiency’, the reduction of annual CO2 emissions.

The next milestone will be the issuance of a green bond under the new Green Finance Framework, which is planned near term.

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:50pm BST

Rolls-Royce has secured recent agreements with the U.S. Navy for ship engines, propulsion components and services valued at up to $115.6 million.

Leo Martins, Rolls-Royce Defense, Program Director, U.S. Naval & Coast Guard Platforms, said, ‘Rolls-Royce is proud to support the U.S. Navy through an extensive portfolio of engines and propulsion system components, as well as service agreements. Rolls-Royce propulsion equipment is in service around the globe on nearly all U.S. Navy ships and the new agreements reflect continued confidence from the Navy in Rolls-Royce products.’

The engine contract, for $34.4 million, is a follow-on production agreement for 16 new MT7 gas-turbine engines for Navy Ship-to-Shore Connector Landing Craft. Rolls-Royce is the exclusive provider of gas-turbine engines installed on the landing craft, which is produced by Textron. The MT7 engine is produced in Indianapolis, Indiana, in the U.S., and is a variant of the Rolls-Royce AE 1107C engine powering V-22 aircraft and a member of the proven and reliable Rolls-Royce AE family of engines.

The propulsion components contract, valued at $10.9 million, will include production of main propulsion monobloc propellers, propeller hubs, blades and other components. The ship components will be produced at Rolls-Royce facilities in Walpole, Massachusetts.

The services agreement, valued at up to $70.3 million, covers maintenance and repair services of controllable pitch propeller (CPP) hubs and oil distribution boxes (OD Boxes) for multiple Navy ship classes including DDG 51 destroyers. The ship components will be serviced at Rolls-Royce facilities in Walpole and work is expected to be completed in 2026.

Rolls-Royce is nearing completion of $400 million in improvements in its advanced manufacturing capabilities in Indianapolis, where MT7 engines are produced, as part of a total $600 million investment program announced in 2015. Rolls-Royce is also investing in upgrades in Walpole to enhance production and service facilities.

About Rolls-Royce Holdings plc

Rolls-Royce pioneers cutting-edge technologies that deliver clean, safe and competitive solutions to meet our planet’s vital power needs.

Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and nuclear customers.

Annual underlying revenue was $19.1 billion* in 2019, around half of which came from the provision of aftermarket services.

In 2019, Rolls-Royce invested $1.81 billion* on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

*Based on a currency exchange rate of $1.25

(C) 2020 Electronic News Publishing, source ENP Newswire

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:50pm BST

Highlights:

* Ford Motor Company intends to achieve carbon neutrality globally by 2050, while setting interim targets to more urgently address climate change challenges.

* Ford is the only full line U.S. automaker committed to doing its part to reduce CO2

* emissions in line with the Paris Climate Agreement and working with California for stronger vehicle greenhouse gas standards

* To achieve its goal, Ford will focus on three areas that account for about 95 percent of its CO2 emissions – vehicle use, supply base and company’s facilities

* To date, Ford is investing more than $11.5 billion in electric vehicles through 2022, including forthcoming zero-emission Mustang Mach-E, Transit Commercial and fully electric F-150

* Company on track to power all its manufacturing plants with 100 percent locally sourced renewable energy by 2035

DEARBORN, Mich- Ford Motor Company intends to achieve carbon neutrality globally by 2050, while setting interim targets to more urgently address climate change challenges.

The company announced that ambition today as it issued its 21st annual Sustainability Report. Ford is the only full line U.S. automaker committed to doing its part to reduce CO2 emissions in line with the Paris Climate Agreement and working with California for stronger vehicle greenhouse gas standards.

Carbon neutrality refers to achieving zero carbon emissions by balancing such emissions with carbon removal. To achieve its goal, Ford will focus initially on three areas that account for approximately 95 percent of its CO2 emissions – vehicle use, its supply base and the company’s facilities.

Ford said it is setting the 2050 goal fully aware of challenges, including customer acceptance, government regulations, economic conditions and the availability of renewable, carbon-neutral electricity and renewable fuels.

‘We can develop and make great vehicles, sustain and grow a strong business and protect our planet at the same time – in fact, those ideals complement each other,’ said Bob Holycross, vice president, chief sustainability, environment and safety officer. ‘We don’t have all the answers yet but are determined to work with all of our global and local partners and stakeholders to get there.’

Ford also is working to develop goals approved and defined by the Science Based Targets initiative for its Scope 1, Scope 2 and Scope 3 emissions. Scope 1 covers direct emissions from company-owned or -controlled sources, while Scope 2 addresses indirect emissions from generation of purchased electricity, steam, heating and cooling consumed by Ford. Scope 3 emissions speak to in-use emissions from vehicles that Ford sells and emissions from its supply base, among others.

The 2050 commitment represents Ford continuing to ratchet up more environmentally friendly performance for its products and operations. In 2019, the company expanded its climate strategy to find more effective ways to integrate the wants and needs of people and its business, along with the possibilities of technology, by applying human-centered, design-thinking. A cross-functional Ford team from around the world – including the U.S., Europe and China – developed the company’s carbon-neutral approach after analyzing information on the environment, customers, technology, legislation, energy, competitive approaches, life-cycle assessments and other trends.

Meeting the challenge of climate change is a key responsibility and a strategic priority for Ford. This includes helping limit the global temperature increase in keeping with the Paris Agreement.

Mindy Lubber, CEO and president of the sustainability nonprofit organization Ceres, hailed Ford’s long-term goal and encouraged other companies to follow suit.

‘We congratulate Ford on its commitment to be carbon neutral by 2050,’ she said. ‘Ford recognizes the urgency to address climate change, and we urge every company to take action and commit to science-based targets within their global enterprises.’

Ford is investing more than $11.5 billion in electric vehicles through 2022, introducing zero-emission versions of some of its most popular nameplates are on the way, including the Mustang Mach-E, which starts arriving in dealerships this year, as well as a Transit Commercial EV and fully electric F-150 coming within 24 months.

The company previously announced its plan to use 100-percent locally sourced renewable energy for all its manufacturing plants globally by 2035. That means energy would come only from sources that naturally replenish – such as hydropower, geothermal, wind or solar.

Additional Report Highlights

In addition to the company’s carbon neutrality goal and progress, the sustainability report highlights the company’s sustainability work across the company and around the world, including:

COVID-19: Keeping People Safe

The health and safety of employees remains one of Ford’s highest priorities, and the COVID-19 pandemic challenged the company in many ways. Ford moved quickly to close production sites, used technology to enable many of employees to work remotely and implemented programs to support the physical, mental and emotional health of its team.

The company also used its design expertise, manufacturing capacity and vehicle parts to help produce ventilators, respirators and personal protective equipment. Its return-to-work playbook for China, Europe and the U.S., with amended safety requirements and restructured roles, is being extended to other regions as well.

Electrification

Ford significantly accelerated its plan for electric vehicles during 2019. The company unveiled the Mustang Mach-E, an all-electric Mustang SUV that will be available starting later this year and targeted EPA-estimated range of 300 miles on a single charge,1 according to U.S. Environmental Protection Agency estimates and up to 600 kilometers under Worldwide Harmonised Light Vehicles Test Procedure (WLTP) regulations.

As part of the Mustang Mach-E reveal, Ford announced North America’s largest public charging network, the FordPass Charging Network, with more than 13,500 charging stations and almost 40,000 individual charge plugs2. These announcements are paving the way for a future all-electric F-150 and all-electric Transit, reinforcing Ford’s commitment to electrifying its most popular nameplates, amplifying the attributes that customers want, such as performance, capability and convenience.

Circular Economy

Deriving value from waste material, or ‘upcycling,’ has been a strong focus for Ford for more than a decade. Supporting the circular economy was front and center when the company announced a collaboration with McDonald’s USA in 2019 to turn coffee chaff, a waste byproduct from McDonald’s coffee production, into vehicle parts. The sustainable innovation will not only reduce use of petroleum to make such components but lower the weight of those part by 20 percent and require up to 25 percent less energy during the molding process.

Ford research teams have been redirecting waste streams into biomaterials for vehicle parts for years. Starting in 2007, Ford introduced soy foam as an alternative to petroleum-based seat foam in the Mustang. Since then, the company has expanded application of soy foam to every one of its product lines in North America – more than 25 million vehicles, to date – preventing hundreds of millions of pounds of carbon dioxide from entering the atmosphere.

Ford’s approach to the circular economy is not limited to just parts inside the vehicle. While building the F-Series, the company uses a closed loop recycling system to recover up to 20 million pounds of high-strength, military-grade, aluminum alloy per month, enough to build either 51 commercial jetliners or more than 37,000 F-Series truck bodies per month.

Diversity and Inclusion

In keeping with Ford’s commitment to diversity and inclusion, the company in February 2020 signed the United Nations Women’s Empowerment Principles, earned a leadership spot in the Bloomberg Gender-Equality Index for the second straight year, and received a perfect score of 100 in the 2019 Disability Equality Index.

The company’s Sustainability Report also addresses the issue of social injustice – the weight of which falls disproportionately falls on the African American community and a matter on which society and corporations can no longer stay silent. Ford has seen this disparity among its team members affected by COVID-19 and in the legacy of economic disparities in its own home city of Detroit. There are no easy fixes to longstanding systemic issues. However, Ford is committed to listening, learning and being a leader in co-creating solutions that better the company and society.

Ford also supports Fair and Equal Michigan’s efforts to amend the state’s civil rights law to protect the LGBTQ+ community and continues its commitment to the CEO Action for Diversity & Inclusion.

To learn more about Ford’s sustainability leadership, progress and commitments, visit sustainability.ford.com.

1Based on full charge when configured with optional extended range battery and RWD. Actual range varies with conditions such as external elements, driving behaviors, vehicle maintenance, lithium ion battery age and state of health. Final EPA-estimated ratings available in the 2020 calendar year.

2Based on original equipment manufacturers (OEM)/automotive manufacturers that sell all-electric vehicles and have publicly announced charging network. Department of Energy data used. FordPass, compatible with select smartphone platforms, is available via a download. Message and data rates may apply.

About Ford Motor Company

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. Ford employs approximately 188,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit http://www.corporate.ford.com

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:50pm BST

Highlights:

* Audi e-tron SUV recognized by industry analysts at Wards for quality, futuristic interior details

* The award-winning e-tron boasts everyday functionality, impressive EV performance

* The e-tron SUV among first of approximately 30 electrified models expected to join global Audi product portfolio by 2025

HERNDON, Va- Audi of America today announced the 2019 Audi e-tron SUV was named one of the 2020 ‘Wards 10 Best Interiors’ award winners. The first fully electric Audi vehicle, the e-tron is a true premium midsize SUV, built with everyday performance and functionality in mind.

Like other Audi vehicles, the e-tron integrates premium materials and fit and finish as well as cutting-edge technologies like the Virtual Cockpit instruments display, head-up display, dual-screen MMI infotainment with natural speech recognition, built-in Amazon Alexa, Integrated Toll Module and capacitive-sensing steering wheel. The e-tron also comes with unique touches like its stationary digital gear selector that serves as a hand rest when operating the MMI with haptic touch displays, open-pore burled walnut trim, leather seating surfaces with technical stitching influenced by circuit boards and a three-dimensional dashboard designed to provide tranquility through its minimalist, clean design and quiet, serene cabin.

Additionally, the Audi e-tron has appointments luxury buyers expect with its available heated, ventilated and massaging front seats and heated rear seats, and available four-zone automatic climate control.

‘This is a beautifully executed interior with matte-finish wood, supple leather and a metallic palm-rest shifter that is handsome, ergonomically easy to use and unlike anything we’ve seen before,’ said Tom Murphy, WardsAuto managing editor. ‘The Pearl Beige interior makes the e-tron a sanctuary of relaxation, a place to unwind after a hectic day, while the all-electric drivetrain hums away in near silence. Yes, Audi continues to show us the way of future luxury interiors, even in the age of electrification.’

‘The Audi e-tron SUV offers all of the premium amenities one would expect of an Audi with the nearly silent, immediate torque that is inherent with an EV,’ said Filip Brabec, VP of Product Planning, Audi of America. ‘With the e-tron, Audi continues its commitment to using the highest-quality materials together with smart packaging, always aiming to capture our customers’ imaginations. We’re proud to see Wards recognize the e-tron with a 10 Best Interiors award, a testament to the hard work and collaboration of our designers and engineers.’

As functional as it is luxurious, the Audi e-tron is capable of hauling 57 cubic feet of cargo with the rear seats folded.

The Audi e-tron is powered by two asynchronous electric motors that produce up to 402 horsepower and 490 lb-ft of torque in boost mode. With its electric quattro all-wheel drive, the Audi e-tron is capable of accelerating from 0-60 mph in 5.5 seconds. Its 95 kWh battery allows the 2019 Audi e-tron SUV to travel an EPA-estimated 204 miles between charges, and the e-tron can recharge about 80% of its battery energy in just 30 minutes using 150 kW high-speed public charging.

The Audi e-tron is assembled in a certified carbon-neutral plant in Brussels, Belgium, as evaluated by agency Vincotte. For Wards’ evaluation, industry analysts evaluated a 2019 model. The e-tron will be joined by the 2020 Audi e-tron Sportback later this year. Audi is planning approximately 30 electrified vehicles expected to go on sale globally by 2025.

For more information about the 2020 Wards 10 Best Interiors awards, visit https://www.wardsauto.com/10-best-interiors/.

End –

ABOUT AUDI OF AMERICA

Audi of America, Inc. and its U.S. dealers offer a full line of German-engineered luxury vehicles. AUDI AG is among the most successful luxury automotive brands, delivering about 1.845 million vehicles globally in 2019. In the U.S., Audi of America sold just over 224,000 vehicles in 2019 and launched the brand’s first fully electric vehicle, the Audi e-tron – one of four fully electric models coming to the U.S. market in the next two years. Globally, the brand aims to be CO2 neutral by 2050. Visit audiusa.com or media.audiusa.com for more information regarding Audi vehicles and business topics.

Always obey local speed and traffic laws.

Amazon Alexa integration requires trial or paid Audi connect PRIME subscription.

Integrated Toll Module requires registration and paid subscription with BestPass, Inc. Subscription fee does not cover individual tolls. Coverage area limited. See bestpass.com for details.

Always pay careful attention to the road, and do not drive while distracted. See Owner’s Manual for further details, and important limitations.

2019 Audi e-tron EPA estimated total range is 204 miles. Actual mileage and range will vary and depend on several factors including driving and charging habits, accessory use, temperature and topography, battery age, load, and vehicle condition. Battery capacity decreases with time and use. See owner’s manual for details.

Charging times will vary and depend on a variety of factors, including ambient temperature, charger type, battery condition, vehicle condition and others.

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:50pm BST

New Delhi : Maruti Suzuki India Limited today launched a distinctive loyalty program – Maruti Suzuki Rewards. This first-of-its kind loyalty program will cover all passenger vehicle customers from ARENA, NEXA and True Value outlets.

Maruti Suzuki Rewards is a comprehensive program that comes with a range of benefits on purchase of additional car, service, Maruti Insurance, accessories, customer referrals and several other ‘association benefits’ with the Company. Customers can now experience this digitally supported card-less program with the help of Maruti Suzuki Rewards website, and see their reward points growing with every interaction and transaction with Maruti Suzuki.

Speaking on the launch of this initiative, Mr. Kenichi Ayukawa, MD & CEO, Maruti Suzuki India said, ‘Maruti Suzuki Rewards reinforces our commitment to offer a bouquet of delightful services to customers. This new loyalty program takes this spirit forward and brings together some of the finest benefits. It offers flexibility to the members to use the benefits as per their need and climb up the tier ladder of the loyalty program to avail special and exclusive benefits. The Maruti Suzuki Rewards program will be accepted at all Maruti Suzuki dealerships across India. The rewards can be used for redemption against vehicle service, purchase of accessories, genuine parts, extended warranty and insurance or enrolling with our driving schools.’

Under the program, customers will be classified into four tiers – Member, Silver, Gold and Platinum. They will also be rewarded with badges, a gamification feature which will make customers interaction with Maruti Suzuki even more rewarding and will give them a chance to unlock access to exclusive events and offers.

While we are upgrading the program, members from the existing AutoCard and MyNexa program will be transitioning to the all-new Maruti Suzuki Rewards. There will be no additional fee for this upgrade and point value balance from the previous program will be carried forward.

The program is card-less and all information and transactions alerts will be sent digitally to customer’s registered mobile number. To enrol into Maruti Suzuki Rewards, customers can log in to http://www.marutisuzuki.com or http://www.nexaexperience.com and fill in the details.

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:50pm BST

During a virtual ceremony, Alstom received the ‘Factory of the Future 2020’ Prize and thus joined the club of Walloon and Flemish pioneers at the forefront of industrial optimization.

Organise depuis 2015 par Agoria (Federation des Entreprises technologiques de Belgique) et l’Agence du Numerique de la Region Wallonne, ce prix recompense les initiatives innovantes et les precurseurs en termes de transformation numerique et technologique. Ce titre, valable pour une duree de 3 ans, a ete attribue cette annee a 2 entreprises en Flandres et 2 en Wallonie.

Pour devenir des Usines du Futur, les entreprises doivent etre engagees sur les sept transformations cles de la methodologie utilisee dans le cadre de ‘ Made Different Digital Wallonia ‘, programme d’accompagnement des entreprises industrielles dans leur transformation numerique et technologique qui s’inscrit dans une demarche industrie 4.0.

‘In order to remain efficient and to be a company of the future, Alstom must constantly reinvent itself,’ explains Xavier Champaud, General Manager of the Charleroi site. Our two centers of excellence are in charge of defining new digital and energy conversion solutions for the rest of the group. This is also accompanied by the improvement of production processes and associated working methods. It is clear that these innovations and these transformations cannot be conceived without putting people at the heart of the company. This award confirms our action and Alstom Charleroi will continue to deploy digitalization projects ‘.

Alstom Belgium is a major player in mobility in Belgium. The company has developed two unique centers of excellence in the Alstom group on a global level: on the one hand digital signaling, with in particular the European ERTMS-ETCS system which allows a harmonious circulation between the different European networks, and on the other hand electrical energy conversion systems on board trains. For several years, this department has also been interested in energy recovery and storage in order to improve the energy efficiency of transport systems. Finally, Alstom Belgium supports its customers in the field of services such as the manufacturing and management of spare parts, maintenance, repair and modernization of existing systems.

The Charleroi site is above all a research and development site. Within the site, a strong engineering activity employs almost half of the staff, or nearly 500 of the 1,250 employees. The other activity is that of the production of prototypes and pre-series.

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:50pm BST

Highlights:

* With a confirmed supply of thousands of electric vehicles in 2020, Hyundai Motor UK is aiming to be one of the nation’s biggest providers of electrified cars over the next few years

* Buyers can order a Hyundai Kona Electric or IONIQ Electric now and receive their car in as little as a few days

* Three-quarters of the Hyundai line-up will offer electrified variants by the end of the year

* The majority of Hyundai dealers are now open for business and are COVID-secure environments

* Customers can also research and buy their car completely online through Hyundai Click to Buy

Hyundai Motor aims to be one of the biggest providers of electric vehicles in the UK with strong supply and immediate availability.

Hyundai Motor UK is pleased to confirm the supply of thousands of electric vehicles in 2020, in its aim to become one of the nation’s largest provider of electric cars. Customers looking for an all-electric Hyundai can order their car now with delivery in as little as a few days.

Hyundai currently offers the Kona Hybrid and Kona Electric, IONIQ Hybrid, Plug-In Hybrid and Electric along with mild hybrid Tucson models, and – by the end of the year -three quarters of the entire Hyundai range will be electrified, with the addition of new 48V mild hybrid i20 & i30 and Hybrid & Plug-In Hybrid Santa Fe – and there is more to come. Hyundai already offers the broadest range of electrified powertrains in the industry and now with increased supply and no waiting time, affordable low or zero emission vehicles are now more accessible than ever.

In response to significant customer demand, Hyundai Motor UK announced in January this year that Kona Electric waiting times would be significantly reduced, following a ramp up in production of its sought-after fully electric model. Through the introduction of manufacture at its European Czech-based plant and by increasing existing availability from its facility in Ulsan, South Korea, supply has now made its way to the UK market, along with the recently refreshed IONIQ Plug-In Hybrid and Electric.

The Hyundai IONIQ was recently named the UK’s most highly rated car in the Honest John Customer Satisfaction Index, and the Kona Electric was this year named the Best Small Car in the Top Gear Electric Awards and a Which? Best Buy – just the latest accolades for Hyundai’s industry-leading line-up of affordable electric vehicles.

Ever since we began offering our pioneering electric vehicles in the UK, we have been overwhelmed by demand for them. This year, we can deliver more electric vehicles to our customers than ever thanks to a much-improved supply that not only delivers for our customers but also helps in our goal of becoming one of the largest suppliers of electric vehicles in the UK.

Ashley Andrew

Hyundai Motor UK MD

For customers looking to buy a new electric vehicle, most of our dealerships are now very much open for business and are COVID-secure environments.

Maintaining the wellbeing of customers and staff is a top priority and the Company, together with its dealer partners, has implemented a number of stringent social distancing, contactless and hygiene measures across all sites.

For customers who are wishing to purchase a new car but do not wish to visit a showroom at this time, two options will be available – purchase online on Hyundai’s Click to Buy platform or contact the dealer directly to discuss exact requirements.

The Click to Buy site offers customers ultimate flexibility and the greatest ever selection of available stock, with users able to research, configure, get a price for a trade-in and indeed buy a new car completely online – choosing from a number of national offers or bespoke offers from their local dealer.

(C) 2020 Electronic News Publishing, source ENP Newswire

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )

06/24/2020 | 04:51pm BST

 code                                      21380068P1DRHMJ8KU70 
-------------------------------  ----------------------------------------- 
4. Details of the transaction(s): section to be repeated for 
 (i) each type of instrument; (ii) each type of transaction; 
 (iii) each date; (iv) each place where transactions have been 
 conducted 
-------------------------------------------------------------------------- 
Description of the financial 
 instrument                          A ordinary shares of EUR0.07 each 
-------------------------------  ----------------------------------------- 
Identification Code                            GB00B03MLX29 
-------------------------------  ----------------------------------------- 
                                  Acquisition of notional dividend shares 
Nature of the transaction                      under the LTIP 
-------------------------------  ----------------------------------------- 
Currency                                            EUR 
-------------------------------  ----------------------------------------- 
Price                                                                15.22 
-------------------------------  ----------------------------------------- 
Volume                                                            1,669.34 
-------------------------------  ----------------------------------------- 
Total                                                            25,407.35 
-------------------------------  ----------------------------------------- 
Aggregated information 
 Volume                            1,669.34 
 Price                             15.22 
 Total                             25,407.35 
-------------------------------  ----------------------------------------- 
Date of transaction              22/06/2020 
-------------------------------  ----------------------------------------- 
Place of transaction             Outside a trading venue 
-------------------------------  ----------------------------------------- 
 
 
 
 
 
 
 
 
1. Details of the person discharging managerial responsibilities/person 
 closely associated 
-------------------------------------------------------------------------- 
First Name(s)                                     Huibert 
-------------------------------  ----------------------------------------- 
Last Name(s)                                     Vigeveno 
-------------------------------  ----------------------------------------- 
2. Reason for the notification 
-------------------------------------------------------------------------- 
Position/status                             Downstream Director 
-------------------------------  ----------------------------------------- 
Initial notification/ 
 amendment                                 Initial notification 
-------------------------------  ----------------------------------------- 
3. Details of the issuer, emission allowance market participant, 
 auction platform, auctioneer or auction monitor 
-------------------------------------------------------------------------- 
Full name of the entity                    Royal Dutch Shell plc 
-------------------------------  ----------------------------------------- 
Legal Entity Identifier 
 code                                      21380068P1DRHMJ8KU70 
-------------------------------  ----------------------------------------- 
4. Details of the transaction(s): section to be repeated for 
 (i) each type of instrument; (ii) each type of transaction; 
 (iii) each date; (iv) each place where transactions have been 
 conducted 
-------------------------------------------------------------------------- 
Description of the financial 
 instrument                          A ordinary shares of EUR0.07 each 
-------------------------------  ----------------------------------------- 
Identification Code                            GB00B03MLX29 
-------------------------------  ----------------------------------------- 
                                  Acquisition of notional dividend shares 
Nature of the transaction                      under the LTIP 
-------------------------------  ----------------------------------------- 
Currency                                            EUR 
-------------------------------  ----------------------------------------- 
Price                                                                15.22 
-------------------------------  ----------------------------------------- 
Volume                                                            1,006.57 
-------------------------------  ----------------------------------------- 
Total                                                            15,320.00 
-------------------------------  ----------------------------------------- 
Aggregated information 
 Volume                            1,006.57 
 Price                             15.22 
 Total                             15,320.00 
-------------------------------  ----------------------------------------- 
Date of transaction              22/06/2020 
-------------------------------  ----------------------------------------- 
Place of transaction             Outside a trading venue 
-------------------------------  ----------------------------------------- 
 
 
 
 
 
 
 
 
1. Details of the person discharging managerial responsibilities/person 
 closely associated 
-------------------------------------------------------------------------- 
First Name(s)                                     Maarten 
-------------------------------  ----------------------------------------- 
Last Name(s)                                     Wetselaar 
-------------------------------  ----------------------------------------- 
2. Reason for the notification 
-------------------------------------------------------------------------- 
Position/status                  Integrated Gas and New Energies Director 
-------------------------------  ----------------------------------------- 
Initial notification/ 
 amendment                                 Initial notification 
-------------------------------  ----------------------------------------- 
3. Details of the issuer, emission allowance market participant, 
 auction platform, auctioneer or auction monitor 
-------------------------------------------------------------------------- 
Full name of the entity                    Royal Dutch Shell plc 
-------------------------------  ----------------------------------------- 
Legal Entity Identifier 
 code                                      21380068P1DRHMJ8KU70 
-------------------------------  ----------------------------------------- 
4. Details of the transaction(s): section to be repeated for 
 (i) each type of instrument; (ii) each type of transaction; 
 (iii) each date; (iv) each place where transactions have been 
 conducted 
-------------------------------------------------------------------------- 
Description of the financial 
 instrument                          A ordinary shares of EUR0.07 each 
-------------------------------  ----------------------------------------- 
Identification Code                            GB00B03MLX29 
-------------------------------  ----------------------------------------- 
                                  Acquisition of notional dividend shares 
Nature of the transaction                      under the LTIP 
-------------------------------  ----------------------------------------- 
Currency                                            EUR 
-------------------------------  ----------------------------------------- 
Price                                                                15.22 
-------------------------------  ----------------------------------------- 
Volume                                                            1,693.70 
-------------------------------  ----------------------------------------- 
Total                                                            25,778.11 
-------------------------------  ----------------------------------------- 
Aggregated information 
 Volume                            1,693.70 
 Price                             15.22 
 Total                             25,778.11 
-------------------------------  ----------------------------------------- 
Date of transaction              22/06/2020 
-------------------------------  ----------------------------------------- 
Place of transaction             Outside a trading venue 
-------------------------------  ----------------------------------------- 
 

Do you want to apply for STOCK LOAN: SECURITIES-BASED LENDING? Our Lending Size Range is: USD1MM to USD1B+; LTV range is 40% to 70%; Annual Interest Range is: 2.95% to 5%; Lending Term is: 2 to 5 Years. Other Collateral could be: Bonds, Notes, Warrants, Bitcoins, Mutual Fund, Real Estate, Aircraft, Jet, Plane, Yacht, etc. If you want to apply, please speak to Mr. Bill Wren through Cell/SMS/WhatsApp: +86 – 186 5206 1897 or WeChat: billwren or via email to: bill(dot)wren#wrencapital(dot)me ( **Notice: When Email, please change ” (dot) ” to ” . ” ; change ” # ” to ” @ ” )