Report on Payments to Governments for the year 2021
Shell plc has published its 2021 Payments to Governments Report, detailing financial contributions made to various governments.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Shell plc has published its 2021 Payments to Governments Report, detailing financial contributions made to various governments. This report is a regulatory requirement under the Disclosure and Transparency Rules and has been made available for public inspection through the National Storage Mechanism. For full details, the report can be downloaded from Shell's official website. The report highlights the company's commitment to transparency in its financial dealings with government entities.
Positive
- The report demonstrates compliance with regulatory requirements under the Disclosure and Transparency Rules.
- Increased transparency in financial dealings with governments may enhance Shell's reputation and investor trust.
Negative
- None.
Details
News Market Reaction – SHEL
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AI-generated analysis. How Rhea-AI works. Not financial advice.
SHELL PLC – REPORT ON PAYMENTS TO GOVERNMENTS FOR THE YEAR 2021
April 05, 2022
Shell plc has today published its report on payments to governments for the year 2021 (the “Report”).
The Report is available for download from www.shell.com/payments.
The Report has been submitted to the Financial Conduct Authority for publication through the National Storage Mechanism, where it will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
This announcement is made in accordance with DTR 6.3.5R(1A).
Additional Information
For the purposes of complying with the Disclosure and Transparency Rules (DTRs) and the requirements imposed on issuers though the DTRs, information required to be communicated in unedited full text was included in the Report. The Report was submitted to the National Storage Mechanism in unedited full text on April 05, 2022 and will shortly be available for inspection. Furthermore, the Report is available at www.shell.com/payments.
Enquiries
Shell Media Relations International: +44 20 7934 5550 Americas: +1 713 241 4544
LEI number of Shell plc: 21380068P1DRHMJ8KU70
Classification: Payments to governments
CAUTIONARY NOTE
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In the Report “Shell”, “Shell group” and “Shell plc” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. “Subsidiaries”, “Shell subsidiaries”, and “Shell companies” as used in the Report refer to companies over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations” respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.
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