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Daily Telegraph (UK): Shell shares slide on second day of training

Daily Telegraph (UK): Shell shares slide on second day of training

Friday 22 July 2005

There was further selling of Royal Dutch Shell stock yesterday as the merged group fell on its second day of trading. The B shares eased a further 8p to £17.98½p and the A shares slipped 13½ to £17.53p.

Former Shell Transport and Trading investors will receive 28 B shares for every 100 Shell shares. A certificate of entitlement will be sent out within the next two weeks. Meanwhile, Royal Dutch Petroleum shareholders will be given two A shares for every one Royal Dutch share held.

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