Transaction in Own Shares
On July 30, 2021, Royal Dutch Shell announced the purchase of 1,432,000 'B' shares for cancellation as part of its previously announced buy-back program. The shares were purchased at a range of prices, with the highest at £14.424 and the lowest at £14.158. The trades were executed on the London Stock Exchange, Chi-X, and BATS. This buy-back arrangement will continue until December 29, 2021, with independent trading decisions made by Exane BNP Paribas. Compliance with EU Market Abuse Regulation and UK Market Abuse Regulation regulations was maintained throughout the process.
- Share buy-back program reinforces shareholder value.
- 1,432,000 'B' shares purchased for cancellation.
- Market confidence due to independent trading decisions by Exane BNP Paribas.
- None.
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| Transaction in Own Shares | ||||||
| 30 July 2021 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 30 July 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 | |
| 30/07/2021 | 1 132 000 | 14.424 | 14.158 | 14.290 | LSE | |
| 30/07/2021 | 172 000 | 14.424 | 14.156 | 14.296 | Chi-X (CXE) | |
| 30/07/2021 | 128 000 | 14.420 | 14.168 | 14.252 | 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
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FAQ
What was announced by Royal Dutch Shell on July 30, 2021?
What were the highest and lowest prices paid for RDS.B shares on July 30, 2021?
Which venues were used for the share purchase by Royal Dutch Shell?
When does the Royal Dutch Shell buy-back program end?
Who is responsible for trading decisions in the buy-back program?
