Transaction in Own Shares
On January 5, 2022, Royal Dutch Shell purchased 1,380,450 'B' shares as part of its share buy-back program announced on December 2, 2021. The buy-back included shares purchased on various trading venues with the highest price per share at £17.250 and the lowest at £16.980. BNP Paribas Exane facilitated the buy-back, making independent trading decisions. This program aims to enhance shareholder value and is conducted within the regulatory frameworks of EU MAR and UK MAR.
- Total of 1,380,450 'B' shares purchased indicates strong commitment to shareholder value.
- Share buy-back program aims to enhance earnings per share and return value to shareholders.
- None.
| Transaction in Own Shares | ||||||
| 05 January 2022 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 05 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 | |
| 05/01/2022 | 1,097,834 | 17.250 | 16.980 | 17.219 | LSE | |
| 05/01/2022 | 152,616 | 17.250 | 16.986 | 17.208 | Chi-X (CXE) | |
| 05/01/2022 | 130,000 | 17.250 | 16.990 | 17.212 | 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 total number of 'B' shares purchased by RDS.A and RDS.B on January 5, 2022?
What were the highest and lowest prices paid for shares purchased by RDS.A and RDS.B?
Who is responsible for executing the share buy-back for RDS.A and RDS.B?
What regulations govern the share buy-back program for RDS.A and RDS.B?
When was the share buy-back program for RDS.A and RDS.B announced?
