Royal Dutch Shell Group .com Rotating Header Image

Shell Unification

The Observer: Shell’s cracks still showing

The Observer: Shell’s cracks still showing

“…with exquisitely appalling timing – a week before the unification – Shell announced that one such scheme, its much-vaunted Sakhalin-2 liquefied natural gas project, was $10 billion over budget and well behind schedule.”: “Not only will this hurt the return Shell can make on the project, but it also hurts its credibility…”

Sunday July 24, 2005

Oliver Morgan

After a century as a two-headed Anglo-Dutch monster, Royal Dutch Shell last week left the 20th century and launched itself as a single company on the stock markets of London and Amsterdam.

It was the culmination of a year of pressure from shareholders resulting in an acceptance – albeit apparently reluctant – of the need for change from a notoriously flat-footed management. But no sooner did the new company arrive than it was slapped in the face by investors. Royal Dutch Shell shares – there are now two categories, of which more below – fell, despite the fact that fund managers are thought still to be underweight in the stock. read more

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.

DAILY TELEGRAPH: New Shell formulation will take time to settle down

DAILY TELEGRAPH UK: New Shell formulation will take time to settle down

SATURDAY 23 JULY 2005

More news from Shell this week, except thankfully it was nothing to do with losing reserves. The oil giant has unified its dual corporate structure to create Royal Dutch Shell.

There are now two lines of stock traded in London. Shell A shares, which originate from the former Dutch parent Royal Dutch Petroleum, and Shell B shares, which replace UK arm Shell Transport and Trading.

With all the shares in the new company now traded on the London Stock Exchange, the number of shares – and its market capitalisation – has more than doubled. Investors’ holdings in the unified group have changed too. Shell Transport investors have received 28 Royal Dutch Shell B shares for every 100 Shell shares held – that is why the Royal Dutch Shell B shares are trading at around 3.5 times the price of the old Shell shares. read more

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.

Bid talk and Shell shake-up help Footsie

Financial Times: Bid talk and Shell shake-up help Footsie

By Robert Orr and Chris Flood

Published: Saturday July 23 2005

The London market ended a week that saw the historic unification of the Royal Dutch Shell oil company fractionally higher.

The blue-chip FTSE 100 gained 0.2 per cent last week, closing at 5,241.8 yesterday after a 20.2 points, or 0.4 per cent, rise on the day.

Yesterday’s rise of 28.4 points, 0.4 per cent, helped the broader FTSE 250 firm 0.3 per cent over the five-day period. It closed at 7,495.8.

While Royal Dutch Shell now trades as a single entity, accounting for about 8.2 per cent of the FTSE All Share, it somewhat confusingly has two shares quoted on the London Stock Exchange. read more

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.

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. read more

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.

Pound’s fall blamed on Shell

Daily Mail (UK): Pound’s fall blamed on Shell: “SHELL celebrated the historic unification of its two companies by pushing the pound to an 8-month low, a startling sign of its huge clout in the markets.”

Thursday Posted 21 July 2005

By Brian O’Connor

SHELL celebrated the historic unification of its two companies by pushing the pound to an 8-month low, a startling sign of its huge clout in the markets.

Sterling fell sharply against the euro, and then the dollar, as UK fund managers scrambled to buy Dutch shares to raise their holdings in the Anglo-Dutch giant, which today becomes one of the top two UK stocks, worth over lOpc of the Footsie 100 index.

Currency pundits said that this amounted to a large-scale switch from pounds into euros. read more

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.

The Age.com (Australia): Royal Dutch Shell shares fall on debut

The Age.com (Australia): Royal Dutch Shell shares fall on debut

Thursday July 21, 2005 – 7:54AM

Shares in oil giant Royal Dutch Shell Plc, formed by the unification of Royal Dutch and Britain’s Shell Transport and Trading, slipped on their market debuts on Wednesday as fund buying tapered off.

Shell “A” shares, which originate from the oil company’s former Dutch parent, fell when trading opened and closed down 3.18 percent at 1,766-1/2 pence.

Shell “B” shares, which spring from its former UK parent, opened up and then slipped to close 1.69 per cent lower. read more

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.

ThisIsLondon.co.uk: Shell looking to join halves

ThisIsLondon.co.uk: Shell looking to join halves

4 August 2004

ANGLO-Dutch oil giant Shell is likely to unify its complicated dual-board structure as part of its reforms to appease shareholders.

Operating company Royal Dutch/Shell, which is 60% owned by Royal Dutch and 40% owned by Shell, is reported to be planning to merge the boards as a ‘minimum’ concession.

Shell said ‘all options are being considered including a unified board to which a chief executive would report’.

Radical changes could involve the full merger of the two holding companies. The oil firm has been forced to review all aspects of its governance after admitting it overstated oil reserves. read more

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, the oil giant, to unify

The Times: Need to Know: Global Business Briefing: “Royal Dutch/Shell, the oil giant, is to unify the boards of its Dutch and British holding companies…” read more

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.

EARNINGS PREVIEW: Shell 2Q Pft Seen Up 25% At $4.17 Bln

The Wall Street Journal: EARNINGS PREVIEW: Shell 2Q Pft Seen Up 25% At $4.17 Bln

“we see no quick (organic) fix for Shell’s ailing growth platform”

DOW JONES NEWSWIRES

By Mark Long

Posted 28 July 04

LONDON — Royal Dutch/Shell Group (RD, SC) is expected to report Thursday a 25% year-on-year rise in second-quarter profit, thanks to high oil and natural gas prices, though any significant update on corporate governance issues would likely overshadow the numbers’ impact.

The Anglo-Dutch oil giant is expected to say its second- quarter profit rose to $4.17 billion from $3.115 billion a year ago, according to an average of eight analysts’ forecasts compiled by Dow Jones Newswires. read more

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.