B shares are shares in Rolls-Royce Group plc with limited voting rights. During defined periods they can be redeemed for cash or alternatively converted into ordinary shares. If you are a Rolls-Royce shareholder, B shares will be issued to you as fully paid bonus shares. There are tax and cash flow benefits to the Rolls-Royce Group that will arise from issuing B shares instead of declaring a dividend. These benefits will enhance the Group’s cash flows in future years which in turn will benefit Shareholders.

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B shares information booklet	54kb