Transaction in Own Shares
On November 3, 2021, Royal Dutch Shell plc announced the purchase of 1,200,000 'B' shares for cancellation as part of its share buy-back arrangement initiated on July 29, 2021. The shares were bought at an average price of approximately 16.349 GBP. Transactions were executed on various trading venues including LSE and Chi-X. The buy-back program is managed by Exane BNP Paribas, which will operate independently until December 29, 2021, adhering to the regulations set forth by EU MAR and UK MAR.
- Completion of buy-back of 1,200,000 'B' shares.
- Average purchase price of shares was approximately 16.349 GBP.
- None.
| Transaction in Own Shares | ||||||
| 03 November 2021 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 03 November 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 | |
| 03/11/2021 | 1,050,000 | 16.538 | 16.234 | 16.349 | LSE | |
| 03/11/2021 | 90,000 | 16.498 | 16.238 | 16.348 | Chi-X (CXE) | |
| 03/11/2021 | 60,000 | 16.510 | 16.220 | 16.349 | 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
FAQ
What shares did Royal Dutch Shell buy back on November 3, 2021?
What was the average price paid for Shell's 'B' shares?
Who is managing the Shell share buy-back program?
When is the Shell buy-back program scheduled to end?
