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[6-K] Shell plc American Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Shell plc has issued a formal statement under Rule 2.8 of the UK City Code on Takeovers and Mergers to address recent media speculation regarding a potential acquisition of BP plc. The company explicitly confirms that it:

  • Has not been actively considering making an offer for BP
  • Has not made any approach to BP
  • Has not engaged in talks with BP regarding a possible offer

Shell declares it has no intention of making an offer for BP and will be bound by Rule 2.8 restrictions. However, these restrictions may be lifted under specific circumstances, including: BP board agreement, third-party offer announcement, BP's Rule 9 waiver announcement, or material change in circumstances as determined by the Takeover Panel.

The company reaffirms its strategic focus on "delivering more value with less emissions through performance, discipline and simplification."

Shell plc ha rilasciato una dichiarazione formale ai sensi della Regola 2.8 del Codice britannico sulle Offerte Pubbliche di Acquisto e Fusioni per rispondere alle recenti speculazioni mediatiche riguardo a una possibile acquisizione di BP plc. La società conferma esplicitamente che:

  • Non ha preso in considerazione attivamente l'idea di fare un'offerta per BP
  • Non ha effettuato alcun approccio verso BP
  • Non ha intrattenuto trattative con BP riguardo a una possibile offerta

Shell dichiara di non avere intenzione di fare un'offerta per BP e sarà vincolata dalle restrizioni della Regola 2.8. Tuttavia, tali restrizioni possono essere revocate in specifiche circostanze, tra cui: accordo del consiglio di amministrazione di BP, annuncio di offerta da parte di terzi, annuncio di deroga alla Regola 9 da parte di BP, o cambiamento sostanziale delle circostanze come determinato dal Takeover Panel.

La società ribadisce il proprio focus strategico su "offrire maggiore valore con meno emissioni attraverso performance, disciplina e semplificazione."

Shell plc ha emitido una declaración formal bajo la Regla 2.8 del Código de la Ciudad del Reino Unido sobre Adquisiciones y Fusiones para abordar las recientes especulaciones mediáticas sobre una posible adquisición de BP plc. La empresa confirma explícitamente que:

  • No ha estado considerando activamente hacer una oferta por BP
  • No ha realizado ningún acercamiento a BP
  • No ha entablado conversaciones con BP sobre una posible oferta

Shell declara que no tiene intención de hacer una oferta por BP y estará sujeta a las restricciones de la Regla 2.8. Sin embargo, estas restricciones pueden levantarse bajo circunstancias específicas, incluyendo: acuerdo de la junta directiva de BP, anuncio de oferta por terceros, anuncio de exención de la Regla 9 por parte de BP, o un cambio material en las circunstancias determinado por el Panel de Adquisiciones.

La empresa reafirma su enfoque estratégico en "entregar más valor con menos emisiones a través del rendimiento, la disciplina y la simplificación."

Shell plcëŠ� ì˜êµ­ ë„시 ì¸ìˆ˜í•©ë³‘ 규칙 2.8ì¡°ì— ë”°ë¼ BP plc ì¸ìˆ˜ 가능성ì—� ê´€í•� 최근 언론 ë³´ë„ë¥� 해명하기 위해 ê³µì‹ ì„±ëª…ì� 발표했습니다. 회사ëŠ� 명확íž� 다ìŒê³� ê°™ì´ í™•ì¸í–ˆìŠµë‹ˆë‹¤:

  • BPì—� 대í•� ì¸ìˆ˜ 제안ì� ì ê·¹ì ìœ¼ë¡� ê³ ë ¤í•� ì ì´ 없습니다
  • BPì—� ì–´ë– í•� ì ‘ê·¼ë� 하지 않았습니ë‹�
  • BP와 ì¸ìˆ˜ 제안 ê´€ë � 대화를 나눈 ì ì´ 없습니다

Shellì€ BPì—� 대í•� ì¸ìˆ˜ 제안ì� í•� ì˜ì‚¬ê°€ 없으ë©� 2.8ì¡� 규정ì—� 따를 것임ì� 선언합니ë‹�. 다만, ì� ê·œì •ì€ BP ì´ì‚¬íš� ë™ì˜, ì �3ìž� 제안 발표, BPì� 9ì¡� ë©´ì œ 발표, ë˜ëŠ” ì¸ìˆ˜ 패ë„ì� 결정하는 중요í•� ìƒí™© ë³€í™� ë“� 특정 ìƒí™©ì—서 í•´ì œë� ìˆ� 있습니다.

회사ëŠ� "성과, 규율, 단순화를 통해 ë� ì ì€ ë°°ì¶œë¡� ë� í� 가치를 제공하는 ê²�"ì—� ì „ëžµì � ì´ˆì ì� 재확ì¸í•©ë‹ˆë‹¤.

Shell plc a publié une déclaration formelle conformément à la Règle 2.8 du Code britannique des OPA et Fusions afin de répondre aux récentes spéculations médiatiques concernant une éventuelle acquisition de BP plc. La société confirme explicitement qu'elle :

  • N'a pas envisagé activement de faire une offre pour BP
  • N'a fait aucune démarche auprès de BP
  • N'a engagé aucune discussion avec BP concernant une offre éventuelle

Shell déclare ne pas avoir l'intention de faire une offre pour BP et sera liée par les restrictions de la Règle 2.8. Cependant, ces restrictions peuvent être levées dans des circonstances spécifiques, notamment : accord du conseil d'administration de BP, annonce d'une offre par un tiers, annonce d'une dérogation à la Règle 9 par BP, ou changement important des circonstances déterminé par le Takeover Panel.

La société réaffirme son orientation stratégique visant à "offrir plus de valeur avec moins d'émissions grâce à la performance, la discipline et la simplification."

Shell plc hat eine formelle Erklärung gemäß Regel 2.8 des UK City Code on Takeovers and Mergers veröffentlicht, um jüngste Medien spekulationen über eine mögliche Übernahme von BP plc zu adressieren. Das Unternehmen bestätigt ausdrücklich, dass es:

  • Keine aktive Überlegung angestellt hat, ein Angebot für BP abzugeben
  • Keine Annäherung an BP unternommen hat
  • Keine Gespräche mit BP über ein mögliches Angebot geführt hat

Shell erklärt, keine Absicht zu haben, ein Angebot für BP zu machen und sich an die Beschränkungen der Regel 2.8 zu halten. Diese Beschränkungen können jedoch unter bestimmten Umständen aufgehoben werden, darunter: Zustimmung des BP-Vorstands, Bekanntgabe eines Angebots durch Dritte, Bekanntgabe eines Verzichts auf Regel 9 durch BP oder wesentliche Änderungen der Umstände, wie vom Takeover Panel bestimmt.

Das Unternehmen bekräftigt seinen strategischen Fokus auf „mehr Wert mit weniger Emissionen durch Leistung, Disziplin und Vereinfachung zu schaffen.�

Positive
  • None.
Negative
  • Shell explicitly denied considering or making an offer to acquire BP, limiting strategic M&A options in the near term due to UK takeover code restrictions
  • The Rule 2.8 statement legally prevents Shell from making an offer for BP for 6 months except under specific circumstances, constraining strategic flexibility

Shell plc ha rilasciato una dichiarazione formale ai sensi della Regola 2.8 del Codice britannico sulle Offerte Pubbliche di Acquisto e Fusioni per rispondere alle recenti speculazioni mediatiche riguardo a una possibile acquisizione di BP plc. La società conferma esplicitamente che:

  • Non ha preso in considerazione attivamente l'idea di fare un'offerta per BP
  • Non ha effettuato alcun approccio verso BP
  • Non ha intrattenuto trattative con BP riguardo a una possibile offerta

Shell dichiara di non avere intenzione di fare un'offerta per BP e sarà vincolata dalle restrizioni della Regola 2.8. Tuttavia, tali restrizioni possono essere revocate in specifiche circostanze, tra cui: accordo del consiglio di amministrazione di BP, annuncio di offerta da parte di terzi, annuncio di deroga alla Regola 9 da parte di BP, o cambiamento sostanziale delle circostanze come determinato dal Takeover Panel.

La società ribadisce il proprio focus strategico su "offrire maggiore valore con meno emissioni attraverso performance, disciplina e semplificazione."

Shell plc ha emitido una declaración formal bajo la Regla 2.8 del Código de la Ciudad del Reino Unido sobre Adquisiciones y Fusiones para abordar las recientes especulaciones mediáticas sobre una posible adquisición de BP plc. La empresa confirma explícitamente que:

  • No ha estado considerando activamente hacer una oferta por BP
  • No ha realizado ningún acercamiento a BP
  • No ha entablado conversaciones con BP sobre una posible oferta

Shell declara que no tiene intención de hacer una oferta por BP y estará sujeta a las restricciones de la Regla 2.8. Sin embargo, estas restricciones pueden levantarse bajo circunstancias específicas, incluyendo: acuerdo de la junta directiva de BP, anuncio de oferta por terceros, anuncio de exención de la Regla 9 por parte de BP, o un cambio material en las circunstancias determinado por el Panel de Adquisiciones.

La empresa reafirma su enfoque estratégico en "entregar más valor con menos emisiones a través del rendimiento, la disciplina y la simplificación."

Shell plcëŠ� ì˜êµ­ ë„시 ì¸ìˆ˜í•©ë³‘ 규칙 2.8ì¡°ì— ë”°ë¼ BP plc ì¸ìˆ˜ 가능성ì—� ê´€í•� 최근 언론 ë³´ë„ë¥� 해명하기 위해 ê³µì‹ ì„±ëª…ì� 발표했습니다. 회사ëŠ� 명확íž� 다ìŒê³� ê°™ì´ í™•ì¸í–ˆìŠµë‹ˆë‹¤:

  • BPì—� 대í•� ì¸ìˆ˜ 제안ì� ì ê·¹ì ìœ¼ë¡� ê³ ë ¤í•� ì ì´ 없습니다
  • BPì—� ì–´ë– í•� ì ‘ê·¼ë� 하지 않았습니ë‹�
  • BP와 ì¸ìˆ˜ 제안 ê´€ë � 대화를 나눈 ì ì´ 없습니다

Shellì€ BPì—� 대í•� ì¸ìˆ˜ 제안ì� í•� ì˜ì‚¬ê°€ 없으ë©� 2.8ì¡� 규정ì—� 따를 것임ì� 선언합니ë‹�. 다만, ì� ê·œì •ì€ BP ì´ì‚¬íš� ë™ì˜, ì �3ìž� 제안 발표, BPì� 9ì¡� ë©´ì œ 발표, ë˜ëŠ” ì¸ìˆ˜ 패ë„ì� 결정하는 중요í•� ìƒí™© ë³€í™� ë“� 특정 ìƒí™©ì—서 í•´ì œë� ìˆ� 있습니다.

회사ëŠ� "성과, 규율, 단순화를 통해 ë� ì ì€ ë°°ì¶œë¡� ë� í� 가치를 제공하는 ê²�"ì—� ì „ëžµì � ì´ˆì ì� 재확ì¸í•©ë‹ˆë‹¤.

Shell plc a publié une déclaration formelle conformément à la Règle 2.8 du Code britannique des OPA et Fusions afin de répondre aux récentes spéculations médiatiques concernant une éventuelle acquisition de BP plc. La société confirme explicitement qu'elle :

  • N'a pas envisagé activement de faire une offre pour BP
  • N'a fait aucune démarche auprès de BP
  • N'a engagé aucune discussion avec BP concernant une offre éventuelle

Shell déclare ne pas avoir l'intention de faire une offre pour BP et sera liée par les restrictions de la Règle 2.8. Cependant, ces restrictions peuvent être levées dans des circonstances spécifiques, notamment : accord du conseil d'administration de BP, annonce d'une offre par un tiers, annonce d'une dérogation à la Règle 9 par BP, ou changement important des circonstances déterminé par le Takeover Panel.

La société réaffirme son orientation stratégique visant à "offrir plus de valeur avec moins d'émissions grâce à la performance, la discipline et la simplification."

Shell plc hat eine formelle Erklärung gemäß Regel 2.8 des UK City Code on Takeovers and Mergers veröffentlicht, um jüngste Medien spekulationen über eine mögliche Übernahme von BP plc zu adressieren. Das Unternehmen bestätigt ausdrücklich, dass es:

  • Keine aktive Überlegung angestellt hat, ein Angebot für BP abzugeben
  • Keine Annäherung an BP unternommen hat
  • Keine Gespräche mit BP über ein mögliches Angebot geführt hat

Shell erklärt, keine Absicht zu haben, ein Angebot für BP zu machen und sich an die Beschränkungen der Regel 2.8 zu halten. Diese Beschränkungen können jedoch unter bestimmten Umständen aufgehoben werden, darunter: Zustimmung des BP-Vorstands, Bekanntgabe eines Angebots durch Dritte, Bekanntgabe eines Verzichts auf Regel 9 durch BP oder wesentliche Änderungen der Umstände, wie vom Takeover Panel bestimmt.

Das Unternehmen bekräftigt seinen strategischen Fokus auf „mehr Wert mit weniger Emissionen durch Leistung, Disziplin und Vereinfachung zu schaffen.�

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 

Form 6-K

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 

For the month of June 2025

Commission File Number: 1-32575 

Shell plc
(Exact name of registrant as specified in its charter) 

England and Wales
(Jurisdiction of incorporation or organization) 

Shell Centre
London, SE1 7NA
United Kingdom
(Address of principal executive office)

________________________________

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [ X ]      Form 40-F [   ]


Shell plc (“Shell”) statement re BP plc (“BP”)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

THIS ANNOUNCEMENT IS AN ANNOUNCEMENT UNDER RULE 2.8 OF THE UK CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”)

26 June 2025

Shell plc (“Shell”) statement re BP plc (“BP”)

In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer.

This is a statement to which Rule 2.8 of the Code applies and accordingly Shell confirms it has no intention of making an offer for BP. As a result Shell will be bound by the restrictions set out in Rule 2.8 of the Code.

We remain focused on delivering more value with less emissions through performance, discipline and simplification.

Under Note 2 on Rule 2.8 of the Code, Shell reserves the right to set the restrictions in Rule 2.8 aside in the following circumstances:

  1. with the agreement of the board of BP;
  2. if a third party announces a firm intention to make an offer for BP;
  3. if BP announces a Rule 9 waiver (see Note 1 of the Notes on Dispensations from Rule 9) or a reverse takeover (as defined in the Code); and
  4. if there has been a material change of circumstances (as determined by the Takeover Panel).

The contents of this announcement will be available at www.shell.com.

The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

ENQUIRIES

Shell Media Relations

International +44 207 934 5550; U.S. and Canada: Contact form

LEI number of Shell plc: 21380068P1DRHMJ8KU70

Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom.

 


This Report on Form 6-K is incorporated by reference into:

 

 (a)the Registration Statement on Form F-3 of Shell plc, Shell Finance US Inc. and Shell International Finance B.V. (Registration Numbers 333-276068, 333-276068-01 and 333-276068-02); and

 

 (b)the Registration Statements on Form S-8 of Shell plc (Registration Numbers 333-262396 and 333-272192).

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Shell plc    
  (Registrant)
   
  
Date: June 26, 2025     /s/ Julie Keefe    
  Julie Keefe
  Deputy Company Secretary
  

FAQ

Did Shell (SHEL) make a takeover offer for BP in June 2025?

No, Shell explicitly stated that it has not been actively considering making an offer for BP and confirmed it has not made any approach or held talks with BP regarding a possible offer. This clarification was made in response to media speculation.

What restrictions does Shell (SHEL) face regarding a potential BP acquisition after the June 2025 announcement?

Shell is bound by Rule 2.8 of the UK City Code on Takeovers and Mergers, which restricts them from making an offer for BP. However, these restrictions can be lifted under specific circumstances: with BP board agreement, if a third party makes an offer for BP, if BP announces a Rule 9 waiver or reverse takeover, or if there is a material change of circumstances as determined by the Takeover Panel.

What is Shell's (SHEL) strategic focus according to their June 2025 6-K filing?

Shell stated they remain focused on delivering more value with less emissions through performance, discipline and simplification, as mentioned in their statement regarding the BP speculation.

When did Shell (SHEL) make the announcement regarding BP takeover speculation?

Shell made the announcement on June 26, 2025, which was filed with the SEC via Form 6-K on June 28, 2025.
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