Transaction in Own Shares
On December 15, 2021, Royal Dutch Shell plc announced the purchase of 1,708,000 'B' shares for cancellation as part of its ongoing share buy-back program. The shares were acquired at prices ranging from £15.884 to £16.128, with an average price of £15.978. This initiative is managed by BNP Paribas Exane and is set to continue until January 28, 2022, adhering to the regulations outlined in EU MAR and UK MAR. This buy-back effort aims to optimize the capital structure and enhance shareholder value.
- 1,708,000 'B' shares bought back for cancellation, reducing number of shares outstanding.
- Average price paid per share was £15.978, within a reasonable range.
- None.
| Transaction in Own Shares | ||||||
| 15 December 2021 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 15 December 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 | |
| 15/12/2021 | 1,405,000 | 16.128 | 15.884 | 15.978 | LSE | |
| 15/12/2021 | 179,000 | 16.116 | 15.880 | 15.980 | Chi-X (CXE) | |
| 15/12/2021 | 124,000 | 16.096 | 15.880 | 15.981 | BATS (BXE) | |
These share purchases form part of the Company's share buy-back arrangement previously announced on 02 December 2021.
In respect of this arrangement, BNP Paribas Exane will make trading decisions in relation to the Company’s securities independently of the Company for a period from 02 December 2021 up to and including 28 January 2022.
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 BNP Paribas Exane 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
FAQ
What was the share buy-back announcement by Royal Dutch Shell on December 15, 2021?
What were the prices paid for the shares bought back by Royal Dutch Shell?
Who is managing the share buy-back program for Royal Dutch Shell?
How many 'B' shares did Royal Dutch Shell purchase on December 15, 2021?
When is the end date for the Royal Dutch Shell share buy-back program?
