Transaction in Own Shares

Rhea-AI Summary

On 26 October 2021, Royal Dutch Shell plc executed a share buy-back program, purchasing 1,200,000 B shares for cancellation. The transactions were conducted under the arrangement announced on 29 July 2021, with Exane BNP Paribas managing trades independently until 29 December 2021. Key metrics from the buy-back include a maximum price of 18.016 GBP, a minimum price of 17.756 GBP, and a volume-weighted average price of 17.867 GBP. These activities comply with EU MAR and UK MAR regulations.

Positive

• Acquisition of 1,200,000 B shares enhances shareholder value through reduction in share count.
• Execution of the buy-back reflects confidence in the company's financial stability.

Negative

• None.

Transaction in Own Shares
26 October 2021
• • • • • • • • • • • • • • • •
Royal Dutch Shell plc (the ‘Company’) announces that on 26 October 2021 it purchased the following number of 'B' Shares for cancellation.
Aggregated information on “B” shares purchased according to trading venues:
Date of purchase	Number of “B” shares purchased	Highest price paid (GBP)	Lowest price paid (GBP)	Volume weighted average price paid per share (GBP)	Venue
26/10/2021	1,050,000	18.016	17.756	17.867	LSE
26/10/2021	90,000	18.014	17.766	17.864	Chi-X (CXE)
26/10/2021	60,000	18.000	17.756	17.864	BATS (BXE)

These share purchases form part of the Company's share buy-back arrangement previously announced on 29 July 2021.

In respect of this arrangement, Exane BNP Paribas will make trading decisions in relation to the Company’s securities independently of the Company for a period from 29 July 2021 up to and including 29 December 2021.

Any such share purchases will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares, Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the end of the Brexit transition period (on 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (“EU MAR Delegation Regulation”) and EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (on 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.

In accordance with EU MAR and UK MAR, a full breakdown of the individual trades made by Exane BNP Paribas on behalf of the Company as a part of the buy-back arrangement is detailed below.

Enquiries
Media International: +44 (0) 207 934 5550
Media Americas: +1 832 337 4355


LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70

Classification: Acquisition or disposal of the issuer’s own shares

Attachment

• RNS Report SHELL 2021 10 26

FAQ

What shares did Royal Dutch Shell purchase on 26 October 2021?

Royal Dutch Shell purchased a total of 1,200,000 B shares on 26 October 2021.

What was the average price paid for the shares bought by Shell on 26 October 2021?

The volume weighted average price paid per share was 17.867 GBP.

Who managed the share buy-back program for Royal Dutch Shell?

Exane BNP Paribas managed the share buy-back program for Royal Dutch Shell.

What is the significance of the share buy-back for RDS.A and RDS.B investors?

The share buy-back can enhance shareholder value by reducing the total number of shares outstanding, potentially increasing the value of remaining shares.