uses ComObj;
      .....

   procedure TForm1.Button1Click(Sender: TObject);
   var
     NVsplit : Variant;
     retVal : Integer;
   begin
     NVsplit := CreateOleObject('PDFsplit.Neevia');

     NVsplit.PDFEncrypt := true;
     NVsplit.PDFEncryptionType := 'rc4';
     NVsplit.PDFOwnerPassword := 'owner';

     // p - document printing is denied
     // e - disable extraction of text and graphics
     NVsplit.PDFPermissions := 'pe';

     retVal := NVsplit.SplitPDF('c:\1.pdf', 'c:\out\');
     if retVal <> 0 then
       Application.MessageBox(PChar('Error code=' + IntToStr(retVal)),'',0)
     else
       Application.MessageBox('Done','',0);
   end;