Transaction in Own Shares

Rhea-AI Summary

Shell plc announced the purchase of shares for cancellation as part of its buy-back program. BNP PARIBAS Financial Markets SNC will make trading decisions independently. The program is conducted in compliance with listing rules and market regulations.

Transaction in Own Shares

2 May 2024

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Shell plc (the ‘Company’) announces that on 2 May 2024 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of purchase	Number of Shares purchased	Highest price paid	Lowest price paid	Volume weighted average price paid per share	Venue	Currency
02/05/2024	558,800	£28.9400	£28.2850	£28.6377	XLON	GBP
02/05/2024	300,000	£28.9400	£28.2850	£28.6356	BATE	GBP
02/05/2024	80,000	£28.9300	£28.2850	£28.6224	CHIX	GBP
02/05/2024	652,000	€33.9850	€33.2450	€33.6572	XAMS	EUR
02/05/2024	200,000	€33.9850	€33.2450	€33.6482	CEUX	EUR
02/05/2024	40,000	€33.9700	€33.2550	€33.6363	TQEX	EUR

These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2024.

In respect of this programme, BNP PARIBAS Financial Markets SNC will make trading decisions in relation to the securities independently of the Company for a period from 2 May 2024 up to and including 26 July 2024.

The on-market limb will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with 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 (at 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 the Financial Services Act, 2021 and 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 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (at 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 the Financial Services Act, 2021 and 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 breakdown of the individual trades made by BNP PARIBAS Financial Markets SNC on behalf of the Company as a part of the buy-back programme is detailed below.

Enquiries

Media International: +44 (0) 207 934 5550

Media Americas: +1 832 337 4335

LEI number of Shell plc: 21380068P1DRHMJ8KU70

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

Attachment

• RNS Report SHELL 2024 05 02

FAQ

What did Shell plc announce regarding shares?

Shell plc announced the purchase of shares for cancellation as part of its buy-back program.

Who will make trading decisions for Shell plc's buy-back program?

BNP PARIBAS Financial Markets SNC will make trading decisions independently for Shell plc's buy-back program.

In what manner is the buy-back program conducted?

The buy-back program is conducted in compliance with listing rules and market regulations.