Transaction in Own Shares
On January 18, 2022, Royal Dutch Shell plc announced the purchase of 1,945,000 'B' shares as part of its ongoing buy-back program initiated on December 2, 2021. The shares were purchased across various trading venues, with prices ranging from £18.468 to £18.922 and a volume-weighted average price of £18.738. BNP Paribas Exane, acting independently, managed these transactions, adhering to regulations under EU and UK market laws.
- Purchase of 1,945,000 'B' shares signals a commitment to return value to shareholders.
- Volume-weighted average price of £18.738 is favorable compared to market prices.
- None.
| Transaction in Own Shares | ||||||
| 18 January 2022 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 18 January 2022 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 | |
| 18/01/2022 | 1,640,000 | 18.922 | 18.468 | 18.738 | LSE | |
| 18/01/2022 | 171,000 | 18.922 | 18.472 | 18.731 | Chi-X (CXE) | |
| 18/01/2022 | 134,000 | 18.910 | 18.472 | 18.728 | 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 share buy-back program did Royal Dutch Shell announce on January 18, 2022?
What was the highest price paid for shares in the January 18, 2022 transaction?
How many 'B' shares did Royal Dutch Shell purchase on January 18, 2022?
Who managed the share purchases for Royal Dutch Shell under the buy-back program?
