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SE - I agree that Shell will not avoid the Dutch Court rulings, but I think BvB has neatly wrong-footed & then sidestepped the full impact that they thought they could have over a massive independent company. Also Shell will doubtless be involved in further court actions in the future. But, the sand has shifted if Shell plc appeals a decision from London rather than the Hague.
However, Shell plc is now domiciled outside the EU, the legal environment is different, the political/tax/regulatory scene has changed along with social accountability pressures. Also, what is close to a $150 billion company, arguably the 90th biggest company in the World, and the biggest company on the UK's LSE, has shown that it can quite easily and at short notice domicile in another country. In the main Shell plc has been welcomed to the UK, which must be a refreshing change.
In moving Shell has also indicated symbolically that if the courts hounds are not kept on a leash more often, they might change their geographical investment & closure strategy as well.. BvB has made an important agreement with the UK as part of changing domicile, & as you say Shell has a streamlined acquisitions environment. I think the latter will prove to be one of the most important parts of the jigsaw.
Good to see this going in the right direction again and clawing back some of the recent pullback!
To reiterate, Shell didn't relocate to the UK to avoid the court ruling. It still applies, until and unless the appeal is successful - and in any case the company's strategy has been adjusted to take account of it. FotE and others could still launch court cases in the UK. The move was primarily to simplify the share structure and reduce the number of approvals needed to proceed with acquisitions, changes of strategy, etc.
This is the position taken by BvB in all comms and interviews and (perhaps naively) I believe it.
Clogs made from wood float so BvB can walk on water simples
BH - I was thinking that BvB and Shell walked on water to open up shop in the UK, now you are saying this was only made possible by a pair of clogs! Would you believe it!
Wooden shoes, wooden head, wouldn’t listen…. Well done Shell.
The spectral dictating hand of the Dutch courts has been removed from Shell plc's throat, and BvB has moved Shell plc's domicile to the UK in order to progress the energy transition (disappointing that he did not say at pace).
BvB & Shell plc are bordering on achieving assylum seeker status, due to the threat of persecution in their homeland. An absolutely massive decision for an obviously very proud Dutchman, but he has got it right in every respect.