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Forget Shell

Bloomberg

Forget Shell. Amsterdam Stock Market’s Having a Knock-Out Year

2nd Dec 2021

(Bloomberg) — At a time when Royal Dutch Shell Plc is moving its headquarters out of the Netherlands, Amsterdam might fear losing some of the momentum that’s made it continental Europe’s pre-eminent stock trading centre.

Shell said on Nov. 15 that as part of a plan to simplify the oil giant’s structure, it will relocate its tax residence to the U.K. and move top executives from The Hague to London. The announcement came a year after Unilever Plc, the Anglo-Dutch owner of household products such as Omo and Lifebuoy soap, also opted to become a solely British company. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Dan Loeb swats away activist with heavy hand

REUTERS

Dan Loeb swats away activist with heavy hand

LONDON, Dec 2 (Reuters Breakingviews) – Dan Loeb, the billionaire activist calling for change at Royal Dutch Shell (RDSa.L), has fended off his own mini-revolt.

Shareholders in Third Point Investors (TPOGu.L), a UK-listed trust that owns a stake in Loeb’s main fund, roundly rejected a move by uppity shareholder Asset Value Investors to throw a Third Point employee, Josh Targoff, off the board.

Loeb’s victory is clear. Votes against the proposal numbered 30 million, versus just 9 million for it. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell sells oil shares from the sea floor: Oil giant begins $7bn buyback scheme

CITYA.M.

Shell sells oil shares from the sea floor: Oil giant begins $7bn buyback scheme

:

Royal Dutch Shell (Shell) is looking to woo over shareholders following the sale of its US Permian basin assets to ConocoPhillips in September for $9.5bn.

It has launched the opening stage of its much-anticipated $7bn buyback scheme, offering $1.5bn in the first tranche of shareholder distributions.

The first tranche will be open until January 28, with plans to distribute the remaining $5.5bn to be announced in early 2022 read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Project Fear exposed: Four major warnings Remainers got wrong – as Shell relocates to UK

Express

Project Fear exposed: Four major warnings Remainers got wrong – as Shell relocates to UK

BREXIT BRITAIN’S latest victory will see oil giant Shell relocate its headquarters to the UK has fuelled new Frexit calls, with a leading campaigner insisting it once again proves how Project Fear was “wrong on everything”.

By PAUL WITHERS

In a huge win for Brexit Britain, Royal Dutch Shell is scrapping its dual share structure and moving its head office to the UK from the Netherlands. The company is dropping “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc. The firm has been at the centre of a bitter row with Dutch authorities over the country’s 15 percent dividend withholding tax on some of its shares, which makes them less attractive for investors. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell’s departure deals blow to Dutch pro-business credentials

todayuknews.com

Shell’s departure deals blow to Dutch pro-business credentials

25 Nov 2021

Stef Blok had an unenviable task for any economy minister last week: explaining how his country was about to lose one of its most high-profile multinational companies.

The decision by oil and gas group Royal Dutch Shell to end its dual corporate structure and move its tax base to the UK, after being in the Netherlands for more than a century, was a “sensitive loss” for the country, Blok told the Dutch parliament. It is particularly embarrassing for the pro-business caretaker government of Prime Minister Mark Rutte. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

ISS recommends shareholders support Shell move to UK

REUTERS

ISS recommends shareholders support Shell move to UK

26/11/2021: LONDON – Proxy advisory firm Institutional Shareholder Service (ISS

) recommended shareholders support Royal Dutch Shell’s plan to move its head office from the Netherlands to Britain, according to a document seen by Reuters. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell holds talks with investors to push through London HQ move

CITI A.M.

Shell holds talks with investors to push through London HQ move

BY: NICHOLAS EARL: TUESDAY 23 NOVEMBER 2021 4:28 PM

Royal Dutch Shell is looking to persuade investors to back its plan to relocate the company’s headquarters from the Netherlands to UK.

The oil giant’s management team has set up more than 100 meetings with leading investors in recent days to push through historic company, sources told Reuters.

Shell announced earlier this month they would scrap dual Anglo-Dutch share structure, move to London from The Hague, and ditch the Royal Dutch branding after 114 years of holding the name. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Launches Shareholder Talks to Win Backing for HQ Move, Sources Say

Shell Launches Shareholder Talks to Win Backing for HQ Move, Sources Say

By Reuters:

LONDON (Reuters) – Royal Dutch Shell has launched talks with investors to secure support for its plan to relocate its headquarters from the Netherlands to Britain, sources said, as a leading advisory recommended backing the move at a December vote.

Shell said this month it would scrap its dual Anglo-Dutch share structure and move its head office to London from The Hague due to the Dutch tax system and after a court ruling over its strategy to reduce greenhouse gas emissions.

The company also plans to move its tax residence to Britain and drop “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Brexit success: Shell headquarter move shows Remoaner predictions are ‘other way around’

Express.co.uk

Brexit success: Shell headquarter move shows Remoaner predictions are ‘other way around’

OIL giant Shell is relocating its headquarters from the Netherlands to the UK, a move some are labelling as proof that Brexit is not synonymous with losing foreign business.

By TERESA GOTTEIN MARTINEZ

Shell has this week announced it was ready to sacrifice the designation “Royal” — from Royal Dutch Shell — to shift its tax residency from the EU to the UK. It already chose the country as its corporate base and primary stock market listing in 2005 but now, “despite Brexit“, the British-Dutch multinational will call London its only home. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell is ‘doing its own Brexit,’ with a massive EU snub in favor of the UK move.

Brinkwire

Shell is ‘doing its own Brexit,’ with a massive EU snub in favor of the UK move.

BY HELENA SUTAN ON 

Shell is ‘doing its own Brexit,’ with a massive EU snub in favor of the UK move.

THE European Union has been shattered after it was revealed that oil giant Shell is “doing its own Brexit” by moving its headquarters from the Netherlands to the United Kingdom, with one political expert dubbing the news a “political bomb.”

Royal Dutch Shell is getting rid of its dual share structure and relocating its headquarters from the Netherlands to the United Kingdom, which is a huge win for the Brexit campaign. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell’s move to a new headquarters in London demonstrates that Remoaner predictions are ‘wrong’.

Brinkwire

Shell’s move to a new headquarters in London demonstrates that Remoaner predictions are ‘wrong’.

BY HELENA SUTAN ON 

Shell’s move to a new headquarters demonstrates that Remoaner predictions are ‘wrong’.

Shell, the world’s largest oil company, is relocating its headquarters from the Netherlands to the United Kingdom, a move that some see as proof that Brexit does not imply a loss of international business.

Shell announced this week that it was willing to forego the designation “Royal” — from Royal Dutch Shell — in order to move its tax residency from the EU to the UK. The British-Dutch multinational had already chosen the country as its corporate base and primary stock market listing in 2005, but now it will call London its only home “despite Brexit.” read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

‘Political bomb!’ Shell ‘doing own Brexit’ with huge EU snub in favour of UK move

Express.co.uk

‘Political bomb!’ Shell ‘doing own Brexit’ with huge EU snub in favour of UK move

THE European Union has been destroyed after being told oil giant Shell is “doing its own Brexit” by relocating its HQ from the Netherlands to the UK, with one political expert branding the news a “political bomb”.

By PAUL WITHERS

In a huge win for Brexit Britain, Royal Dutch Shell is scrapping its dual share structure and moving its head office to Britain from the Netherlands. The company is dropping “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc. The firm has been at the centre of a bitter row with Dutch authorities over the country’s 15 percent dividend withholding tax on some of its shares, which makes them less attractive for investors. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Jumps Out Of Fire And Lands In The Frying Pan

Seeking Alpha

Shell Jumps Out Of Fire And Lands In The Frying Pan

Zoltan Ban: Nov. 19, 2021
  • Shell’s move to exit the Dutch tax and legal jurisdiction is officially presented as an issue of dividend taxation that Shell and others hoped for years to see it repealed.
  • Though it is not much discussed by Shell or the media, the harsh environmental ruling by a Dutch court that forces Shell to cut emissions may have played a role.
  • Even though Shell is not currently faced with similar legal pressures in the UK, it may nevertheless feel other pressures to cut emissions by a similar margin.
  • Shell’s upstream segment is the most likely part of the business that will be sacrificed to environmental pressures.
  • Shell will most likely try to adapt its LNG and petrochemicals sector to lower emissions, that will make it less profitable. Higher natural gas prices will add to profitability concerns.

Investment thesis: Shell (RDS.A), (RDS.B) is leaving the Dutch legal jurisdiction, officially due to some dividend tax issues and it will make the UK its sole home base. Unofficially, it may be in large part a way to escape a court-imposed emissions reduction demand on its business activities. While the move to escape a legally binding cut of 45% compared with 2020 levels by 2030 is potentially avoided through this move, the internal, as well as external pressures for it to cut emissions, hydrocarbons production, and so on, will not cease. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell wins backing for its planned UK switch

The Times

Shell wins backing for its planned UK switch

Emily Gosden, Energy Editor: The Times

Plans by Royal Dutch Shell to unify its dual-share structure and move its headquarters and tax base from the Netherlands to Britain have won the backing of an influential shareholder advisory group.

Glass Lewis recommended that investors back the proposed changes to Shell’s articles of association in a vote on December 10 that also would lead to the oil company losing “Royal Dutch” from its name.

The plans have the backing, too, of CalSTRS, the California State Teachers’ Retirement System, America’s second largest public pension fund with more than $320 billion under management. It took a leading role in forcing board changes at ExxonMobil, the American oil major, this year. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Allegations and Litigation Relating to Spymasters in Shell’s Corporate Security Department

Allegations and Litigation Relating to Spymasters in Shell’s Corporate Security Department

By John Donovan

See below a self-explanatory email I sent yesterday to named senior executives at Shell.

It mentions the current momentous events at Royal Dutch Shell, although that is not the subject of the email. In that connection, I have not spotted any reference in current news coverage to the Dutch police raid at Shell’s current HQ in The Hague.

That astonishing development may have fuelled a growing feeling that the Dutch government has turned anti-Shell by allowing Nigerian and climate change litigation against Shell to proceed in the Dutch courts and tightening up Dutch tax regulations affecting Shell. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

‘Desperate’ Dutch PM blasted as he scrambles to stop Shell’s move to UK

‘Desperate’ Dutch PM blasted as he scrambles to stop Shell’s move to UK

DUTCH Prime Minister Mark Rutte suffered a brutal attack after his government attempted to convince Royal Dutch Shell not to leave the Netherlands for the UK.

By ALESSANDRA SCOTTO DI SANTOLO Wed, Nov 17, 2021  Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Brexit Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas. The company, which long faced questions from investors about its dual structure and had recently been hit by a Dutch court order over its climate targets, aims to drop “Royal Dutch” from its name – part of its identity since 1907 – to become Shell Plc.

The firm has been in a long-running tussle with the Dutch authorities over the country’s 15 percent dividend withholding tax on some of its shares, making them less attractive for international investors.

Shell introduced the two-class share structure in 2005 after a previous corporate overhaul. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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