Hi all,

I would be grateful if you could provide me with some advise and assistance in this matter.
I have an elderly relative who has asked me to deal with this settlement on their behalf.

I have been through my relatives paperwork and spoken with them. He has dealt with and traded with various brokers over the years who have either merged or ceased trading and for this reason is unable to get details of who the brokers were that he dealt with when he purchased shares in Shell transport company Plc. He does not have any other paperwork relating to the purchase of the shares as he only kept hold of the share certificates which have since been converted in Royal Dutch Shell shares during the merger.

It seems wrong that the documentation that the tax office require to confirm ownership of the shares (share certificate) is not proof of purchase.

Is there any way to determine who the brokers may have been, as shell settlement documentation states only with valid documentation will the claim be successful and this documentation must be confirmation from the broker (that I do not know, nor my relative) or documentation confirming the purchase price (which is not available).

It seems due to the length of time this is relating to Shell know that people may not have this information and therefore not have to pay out such a big settlement. Most owners will not be able to confirm the purchase and so will not be successful in their claims.

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Was it worth the trouble ?

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I received $178 a few weeks ago. Thank goodness I have a $ account so did not have savage collection fees. The whole thing was a waste of time and money and it shows how regulators can spend your money to no avail.

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