Transaction in Own Shares

Rhea-AI Summary

Royal Dutch Shell plc announced on 24 August 2021 the purchase of 1,200,000 'B' shares for cancellation as part of a share buy-back program initiated on 29 July 2021. The purchases were executed at a volume-weighted average price of 14.197 GBP. The shares were acquired through various trading venues including LSE, Chi-X, and BATS. This action aligns with the company's strategy to manage its capital effectively while adhering to its repurchase authority under UK regulations.

Positive

• Successful repurchase of 1,200,000 'B' shares for cancellation.
• Volume-weighted average price for shares purchased was 14.197 GBP, indicating a strategic buy-back price.

Negative

• None.

Transaction in Own Shares
24 August 2021
• • • • • • • • • • • • • • • •
Royal Dutch Shell plc (the ‘Company’) announces that on 24 August 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
24/08/2021	1,050,000	14.294	14.116	14.197	LSE
24/08/2021	90,000	14.284	14.120	14.191	Chi-X (CXE)
24/08/2021	60,000	14.288	14.118	14.191	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 08 24

FAQ

What shares did Royal Dutch Shell purchase on August 24, 2021?

On August 24, 2021, Royal Dutch Shell purchased 1,200,000 'B' shares for cancellation.

What was the volume-weighted average price of the shares purchased by Shell?

The volume-weighted average price paid per 'B' share was 14.197 GBP.

What trading venues were involved in Shell's share purchases on August 24, 2021?

The shares were purchased through LSE, Chi-X, and BATS.

Why is Shell buying back its shares?

The buy-back is part of a strategy to manage capital and reduce the number of outstanding shares.

When was the share buy-back program initiated by Royal Dutch Shell?

The share buy-back program was initiated on July 29, 2021.