THE TIMES (UK): Shell ends era of dual ownership
Wednesday June 29, 2005
By Peter Klinger
ROYAL DUTCH SHELL shareholders voted overwhelmingly yesterday in favour of plans to scrap the oil and gas giant’s dual-ownership structure, closing a century-old chapter in British corporate history.
The restructuring, supported by massive majorities at shareholder meetings in London and The Hague, will result in the formation of a unified Royal Dutch Shell, based in the Netherlands but with a main listing on the London Stock Exchange. The votes bring an end to London-based Shell Transport and Trading as a standalone company, established in the late 19th century.
Royal Dutch Shell hopes that the simplified structure — to replace the antiquated and investor-unfriendly set-up under which Royal Dutch owned 60 per cent of the global operating company and Shell Transport and Trading the remainder — will enable it to become more competitive.
Malcolm Brinded, Royal Dutch Shell’s exploration and production director, also flagged a new appetite for corporate deals. It is thought the revamped group could consider acquisitions worth as much as $9 billion (£4.9 billion).
The restructuring was greeted by angry protests from British small shareholders in Royal Dutch, who could now face capital gains tax bills totalling £77 million as a result of legal technicalities.
Advisory fees for the Shell overhaul are expected to reach $115 million. The group’s shares rose 17p to 545p.
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.
