Publication of Prospectus

Rhea-AI Summary

Shell (NYSE:SHEL) announced the UK Financial Conduct Authority has approved an Information Memorandum dated 13 May 2026 as a base prospectus for its Multi-Currency Debt Securities Programme, with Shell International Finance as issuer and Shell as issuer and guarantor.

The prospectus and related financial reports for 2024–2025 and prior information memoranda are available via Shell’s website and the UK National Storage Mechanism. The document is not directed at U.S. persons and may be targeted only at residents of specified countries.

Argus May 14 session

-0.49% close to close Open Argus

Details

News Market Reaction – SHEL

On May 14, the day this news came out, SHEL closed 0.49% below the previous close.

Data tracked by StockTitan Argus for the May 14 session.

Key Figures

Information Memorandum date: 13 May 2026 Prospectus approval date: 14 May 2026 Interim period length: three month period +5 more

Information Memorandum date

13 May 2026

Base prospectus for Multi-Currency Debt Securities Programme

Prospectus approval date

14 May 2026

Publication of prospectus approved by UK Financial Conduct Authority

Interim period length

three month period

Unaudited consolidated interim financial report to 31 March 2026

Year-end 2025

31 December 2025

Form 20-F and Annual Report of Shell plc

Year-end 2024

31 December 2024

Form 20-F/A and Annual Report of Shell plc

Shell plc LEI

21380068P1DRHMJ8KU70

Legal Entity Identifier disclosed in prospectus announcement

Shell International Finance LEI

213800ITMMKU4Z7I4F78

Legal Entity Identifier for Shell International Finance B.V.

Media relations phone

+44 20 7934 5550

UK / International Media Relations contact number

Historical Context

5 past events · Latest: May 12

5 events

1. May 12

   Share repurchase

   24h Move

   -0.0%

   Disclosure of 1,360,000 shares repurchased for cancellation under buyback programme.

2. May 11

   Insider transaction

   24h Move

   +1.7%

   PDMR Cederic Cremers disposed of 9,000 ordinary shares outside a trading venue.

3. May 11

   Share repurchase

   24h Move

   +1.7%

   Report of multi-venue share repurchases for cancellation under ongoing buyback.

4. May 8

   Share repurchase

   24h Move

   -0.3%

   1,230,000 shares bought back for cancellation as part of new programme.

5. May 7

   Buyback launch

   24h Move

   -3.4%

   Announcement of $3.0 billion on‑market buyback to be completed by Q2 2026 results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

information memorandum, base prospectus, prospectus rules, admission to trading on a regulated market, +4 more

8 terms

information memorandum regulatory

"Information Memorandum dated 13 May 2026 relating to the Multi-Currency Debt Securities Programme"

A document that lays out all key facts about a company, asset, or securities offering so potential investors can evaluate it—think of it as a detailed brochure or blueprint for an investment. It usually includes business descriptions, financial numbers, risks and deal terms, and matters because it is the primary source investors use to judge value and spot red flags before committing money.

base prospectus regulatory

"The Information Memorandum constitutes a base prospectus for the purposes of the Prospectus Rules"

A base prospectus is a detailed document that provides essential information about a financial offering, such as a bond or share issue. It acts like a comprehensive guide for investors, explaining what the investment involves, the risks involved, and how the process works. This helps investors make informed decisions before committing their money.

prospectus rules regulatory

"base prospectus for the purposes of the Prospectus Rules: Admission to Trading on a Regulated Market"

Prospectus rules are the legal requirements that dictate what information a company must include and disclose when offering securities to the public, such as details about the business, financial condition, risks and how the proceeds will be used. They matter to investors because they create a standardized “recipe” that helps people compare offerings and spot potential red flags, reducing the chance of surprises and giving regulators a basis to hold issuers accountable.

admission to trading on a regulated market regulatory

"Prospectus Rules: Admission to Trading on a Regulated Market sourcebook."

Admission to trading on a regulated market is the official approval that allows a company’s shares or securities to be bought and sold on an organized exchange subject to government-backed rules. For investors it matters because this clearance signals a baseline of disclosure, oversight and liquidity—similar to a product being allowed onto a major retailer’s shelves—making it easier to trade the security and assess the company’s information.

form 20-f regulatory

"Form 20-F filed by Shell plc for the year ended 31 December 2025"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

form 20-f/a regulatory

"Form 20-F/A filed by Shell plc for the year ended 31 December 2024"

Form 20-F/A is an amended annual filing that a foreign company submits to the U.S. Securities and Exchange Commission to correct, clarify, or add information to a previously filed Form 20-F. For investors, an amendment matters because it signals that earlier disclosures changed or were incomplete—like a corrected instruction manual—and those updates can alter how you judge the company’s finances, risks, governance or legal standing, potentially affecting the stock’s value.

uk financial conduct authority regulatory

"prospectus has been approved by the UK Financial Conduct Authority and is available for viewing"

The UK Financial Conduct Authority is the independent regulator that oversees banks, investment firms, and other financial services in the United Kingdom, acting like a referee to enforce rules, grant permissions, and protect customers. Investors care because the FCA’s oversight affects how companies operate, the reliability of financial information, whether firms can sell products or stay open, and the risk of fines or restrictions that can change a company’s value.

lei number regulatory

"LEI number of Shell plc: 21380068P1DRHMJ8KU70 LEI number of Shell International Finance B.V."

A Legal Entity Identifier (LEI) is a unique 20-character code that acts like a digital passport for a company or organization, used to unambiguously identify legal entities in financial transactions. It matters to investors because it makes it easier to verify who they are dealing with, trace ownership and business relationships, and reduce risks from mistaken identities or hidden ties—similar to checking a passport before trusting someone in an important deal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Shell International Finance B.V. and Shell plc

14 May 2026

Publication of Prospectus

The following prospectus has been approved by the UK Financial Conduct Authority and is available for viewing:

Information Memorandum dated 13 May 2026 relating to the Multi-Currency Debt Securities Programme of Shell International Finance B.V. (as Issuer) and Shell plc (as Issuer and as Guarantor)

The Information Memorandum constitutes a base prospectus for the purposes of the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook. Full information on Shell International Finance B.V. and Shell plc is only available on the basis of the Information Memorandum and the documents incorporated by reference.

To view the full document and the documents incorporated by reference, please paste the following URLs into the address bar of your browser.

Information Memorandum dated 13 May 2026

information-memorandum-dated-thirteen-may-2026.pdf

Shell plc unaudited consolidated interim financial report as at and for the three month period ended 31 March 2026

https://www.shell.com/investors/results-and-reporting/quarterly-results.html

Form 20-F filed by Shell plc for the year ended 31 December 2025, as filed with the United States Securities and Exchange Commission

https://www.shell.com/about-us/annual-publications/annual-reports-download-centre.html

Annual Report of Shell plc for the year ended 31 December 2025

https://www.shell.com/about-us/annual-publications/annual-reports-download-centre.html

Form 20-F/A filed by Shell plc for the year ended 31 December 2024, as filed with the United States Securities and Exchange Commission

https://www.shell.com/about-us/annual-publications/annual-reports-download-centre.html

Annual Report of Shell plc for the year ended 31 December 2024

https://www.shell.com/about-us/annual-publications/annual-reports-download-centre.html

Shell International Finance B.V. Annual Report for the year ended 31 December 2025

https://www.shell.com/investors/debt-information/financial-reports-and-articles-of-association.html

Shell International Finance B.V. Annual Report for the year ended 31 December 2024

https://www.shell.com/investors/debt-information/financial-reports-and-articles-of-association.html

Information Memorandum dated 13 August 2014

https://www.shell.com/investors/financial-reporting/debt-information/euro-medium-term-note-programme.html

Information Memorandum dated 11 August 2015

https://www.shell.com/investors/financial-reporting/debt-information/euro-medium-term-note-programme.html

Information Memorandum dated 9 August 2016

https://www.shell.com/investors/financial-reporting/debt-information/euro-medium-term-note-programme.html

Information Memorandum dated 19 July 2019

https://www.shell.com/investors/financial-reporting/debt-information/euro-medium-term-note-programme.html

Information Memorandum dated 13 August 2020

https://www.shell.com/investors/financial-reporting/debt-information/euro-medium-term-note-programme.html

Other content available on Shell’s website and the content of any other website accessible from hyperlinks on Shell’s website is not incorporated into, and does not form part of, this announcement.

The documents will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The Information Memorandum is not provided for, or directed at, U.S. persons or persons in the United States. If you are a U.S. person or are viewing this page from the United States, you should exit this section of the website.

LEI number of Shell plc: 21380068P1DRHMJ8KU70

LEI number of Shell International Finance B.V.: 213800ITMMKU4Z7I4F78

For further information, please contact:

Enquiries: UK / International Media Relations: +44 20 7934 5550

DISCLAIMER – INTENDED ADDRESSEES

Please note that the information contained in the Information Memorandum may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Information Memorandum) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the Information Memorandum is not addressed. Prior to relying on the information contained in the Information Memorandum, you must ascertain from the Information Memorandum whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Shell (SHEL) announce on 14 May 2026 about its prospectus?

Shell announced FCA approval of an Information Memorandum dated 13 May 2026 as a base prospectus for its Multi-Currency Debt Securities Programme. According to Shell, this memorandum supports future debt securities issuance documentation.

What is the purpose of Shell’s Multi-Currency Debt Securities Programme prospectus for SHEL shareholders?

The prospectus provides a base disclosure document for Shell’s Multi-Currency Debt Securities Programme. According to Shell, it outlines key terms and incorporates recent financial reports that may be relevant for fixed-income investors analyzing Shell’s debt.

Where can investors access Shell’s 2026 Information Memorandum and related SHEL documents?

Investors can access the 13 May 2026 Information Memorandum and incorporated documents through specified URLs on Shell’s website. According to Shell, the documents will also be available for inspection via the UK FCA’s National Storage Mechanism.

Which financial reports are incorporated into Shell’s 2026 base prospectus for SHEL?

The base prospectus incorporates Shell’s Q1 2026 unaudited interim report, 2025 and 2024 Annual Reports, related Form 20-F and 20-F/A filings, and Shell International Finance B.V. 2024–2025 Annual Reports, according to Shell’s announcement.

Are U.S. investors the intended audience of Shell’s 2026 Information Memorandum for SHEL?

No. According to Shell, the Information Memorandum is not provided for, or directed at, U.S. persons or people in the United States. The memorandum may instead target residents of specific countries identified within the document.

What restrictions apply to relying on Shell’s 2026 Information Memorandum for SHEL investment decisions?

The memorandum may only be addressed to residents of particular countries listed in the document. According to Shell, users must confirm they are intended addressees before relying on its contents, and access is conditional on meeting these requirements.