The Guardian: Downstream do: ‘worry that Shell is in denial’
17 June 2004
Its tempting to believe that Shell has chosen to hold its annual meeting on June 28 in London’s Docklands for the first time this year so that fewer investors will bother to make the long trek to east London in order to give management a hard time.
The company insists the change of the meeting’s date – which was put back following the reserves scandal – made it hard to find another suitable venue at short notice.
Meanwhile the formal resolutions for the occasion do not suggest any wild confrontations ahead. After the initial flurry of lawsuits from angry American shareholders, the Anglo-Dutch group has pretty much been left alone by the rest of its investors to undertake a promised review of its board and management structures.
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