Transaction in Own Shares

Rhea-AI Summary

On September 23, 2021, Royal Dutch Shell announced the purchase of 1,050,000 'B' shares for cancellation at an average price of £15.144, marking a significant step in their share buy-back program initiated on July 29, 2021. The transactions also included purchases of 90,000 shares and 60,000 shares at prices ranging from £15.139 to £15.222. These actions align with Shell's strategy to enhance shareholder value through a systematic reduction of outstanding shares, managed by Exane BNP Paribas under pre-set guidelines.

Positive

• 1,050,000 'B' shares repurchased at an average price of £15.144.
• Share buy-back program aligns with strategy to enhance shareholder value.
• Involvement of Exane BNP Paribas ensures independent trading decisions.

Negative

• None.

Transaction in Own Shares
23 September 2021
• • • • • • • • • • • • • • • •
Royal Dutch Shell plc (the ‘Company’) announces that on 23 September 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
23/09/2021	1,050,000	15.226	15.016	15.144	LSE
23/09/2021	90,000	15.222	15.032	15.139	Chi-X (CXE)
23/09/2021	60,000	15.222	15.034	15.139	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

• RNS Report SHELL 2021 09 23

FAQ

What shares did Royal Dutch Shell purchase on September 23, 2021?

Royal Dutch Shell purchased 1,050,000 'B' shares for cancellation.

What was the average price of the shares purchased by Shell on September 23, 2021?

The average price paid for the 'B' shares was £15.144.

What is the significance of Shell's share buy-back program?

The share buy-back program is aimed at enhancing shareholder value by reducing the number of outstanding shares.

Who is managing the share buy-back program for Shell?

The share buy-back program is managed independently by Exane BNP Paribas.

How much did Shell spend on share purchases on September 23, 2021?

Shell spent on the purchase of 1,050,000 shares along with additional purchases of 90,000 and 60,000 shares on the same day.