What is the shareholder benefit, and how does it work?

Shareholders

Last updated: 01/10/2024

What is the benefit? 

Eligible Carnival plc or Carnival Corporation shareholders can receive on-board spending money on P&O Cruises (UK) , depending on the length of the cruise holiday. 

To learn more about Carnival plc or Carnival Corporation benefits, including North America and Continental Europe brands, visit the Carnival Corporation Shareholder Information.

How much on-board spending money can shareholders receive? 

Eligible Carnival plc or Carnival Corporation shareholders can receive the following amounts to spend on board when sailing on P&O Cruises (UK): 

• £150 on-board spending money per cabin – when sailing on a cruise holiday of 13 nights or longer (including world cruise)

• £60 on-board spending money per cabin – when sailing on a cruise holiday of 6 to 12 nights

• £30 on-board spending money per cabin – when sailing on a cruise holiday of 5 nights or less

Please note: this benefit is reviewed annually and is subject to change.

For more information about shareholder on-board spending money, please see our article ‘What do I need to know about shareholder on-board spending money?’ 

Who are applicable shareholders? 

Any shareholder can benefit as long as they own at least 100 shares of Carnival Corporation or Carnival plc.

How do shareholders apply for the benefit? 

Please see our article ‘How to apply for the shareholder benefit’ for more information. 

When is the shareholder benefit valid? 

The benefit is available on sailings up to 31 December 2025.

Applications should be made at least three weeks before the cruise holiday departure date. For more information, please see our article How to apply for the shareholder benefit

What are the restrictions? 

• The shareholder benefit will be applied to the cabin the shareholder travels in. It’s granted in addition to any money spent on board that has already been given. 

• There is only one shareholder benefit per cabin. You’ll receive on-board spending money only for the cabin you’re travelling in. If there’s more than one shareholder in a cabin, only one shareholder benefit will be applied. 

• If the shares of applicable shareholders are held in joint names, the benefit will apply to only one name on the booking. 

• The benefit is non-transferable, cannot be exchanged for cash, and cannot be used for casino credits/charges and gratuities charged to your on-board account.  

• The shareholder benefit is not allocated per world cruise sector but is granted per booking reference. 

• If a world cruise has been booked, the maximum £150 shareholder benefit is available as a 14-night cruise holiday or longer.  

• If a back-to-back cruise holiday has been booked with two booking references, the shareholder benefit will be allocated per duration of each cruise booking reference.

Can the shareholder benefit be used on all fare types? 

The shareholder benefit applies to the shareholder and can be applied to most fare types. However, please bear in mind the following points: 

• This offer excludes employees, travel agents cruising at travel agent rates, tour conductors, or anyone travelling on a staff-reduced rate, travel industry rates or a complimentary basis. 

• The shareholder benefit will not be granted if your booking is made through a Friends & Family offer, TIS (Travel Industry Services) or a complimentary booking. 

All other fare types, including any on-board spending money benefits, are currently combinable with shareholder benefits. 

How do you buy Carnival Corporation and PLC shares? 

To buy shares in Carnival Corporation and Carnival PLC, please contact your bank or broker or look online.

Our Registrars are Equiniti Ltd. You can buy Carnival shares from them by calling 0371 384 2030.

Equiniti will also provide you with further information if you need it, such as the current share price, dividends and so on. You can also buy a share certificate from Equiniti. And that’s it. When it arrives, and after it’s been registered with us, further proof of shares won’t be needed for future bookings.

For more information on investing in Carnival Corporation and plc, please see our Investor FAQs. 

Still need help?

Still have questions? Our friendly Customer Contact Centre is always happy to help! Contact us today on 0344 338 8003.

Was this post helpful?

Yes or No