Channel4 News: Shell investors vote for merger
Tuesday 28 June 2005
Source: ITN
Shareholders in the Shell oil firm have voted 99.75 per cent in favour of a plan to create a new holding company, Royal Dutch Shell.
Shell is currently 60 per cent owned by Royal Dutch Petroleum and 40 per cent by the Shell Transport and Trading. But the vote, plus that of shareholders in the Netherlands, means RDP and STT are to merge so that Shell has one parent.
Trading in Royal Dutch Shell shares is due to start on 20 July. With a market capitalisation of more than £100bn it could be be the world’s third-largest publicly traded oil firm. It will be headquartered in The Hague but have its primary stock market listing in London.
The change should also help streamline its management structure. The company is still reeling from the resignation of several top executives, including its chairman, after a scandal over reserves last year.
And Shell’s share price lifted during the day as fund managers flock to buy. The new company will account for 9 per cent of the FTSE, as opposed to present-day Shell’s 3.9 per cent and in order to follow the index, managers must buy more to increase their weighting in the stock.
The quote rose 17p to 545p as the blue-chip heavyweight also benefited from crude prices staying close to the $60 mark because of supply fears and the surprise election of a hard-liner as president of Iran.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
