CALGARY, April 26 /CNW/ - Shell Canada announces that Royal Dutch Shell
plc (RDS), through its wholly-owned subsidiary Shell Investments Limited, has
acquired all of the remaining outstanding common shares of Shell Canada
pursuant to the compulsory acquisition procedures available under the Canada
Business Corporations Act. RDS now beneficially owns 100% of the common shares
of Shell Canada.
With the completion of the compulsory acquisition, Shell Canada's common
shares were delisted from the Toronto Stock Exchange as of the close of the
market on April 25, 2007. Shell Canada has also applied to securities
regulators to cease to be a reporting issuer under Canadian securities laws
which, if granted, would relieve Shell Canada from its public reporting
obligations effective later this month.
For further information:
For further information: Media Inquiries: Jeff Mann, Public Affairs,
(403) 691-4189; Investor Inquiries: Ken Lawrence, Manager, Investor Relations