CEO Ben van Beurden (right), CFO Jessica Uhl and seven other senior executives will relocate to the capital full-time in what the £130 billion super-major called a “simplification” of its structure.
Shell’s confusing dual-class shares will be merged into a single line to free up more liquidity as it presses ahead with a $7 billion buyback.
Its corporate HQ and tax residence will shift to the UK where all board and highlevel meetings will be held.
Analysts suggest the move will lead to a one-off demand for exit tax of up to £400 million from Dutch authorities.
The firm will still be listed in Amsterdam, London and New York but will no longer meet the criteria to use the “Royal Dutch” designation.
هذه القصة مأخوذة من طبعة November 15, 2021 من Evening Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 15, 2021 من Evening Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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