Transaction in Own Shares
On 02 August 2021, Royal Dutch Shell plc announced the purchase of 1,240,000 ‘B’ shares for cancellation as part of its buy-back programme initiated on 29 July 2021. The company executed these trades through Exane BNP Paribas, which operates independently for this transaction period until 29 December 2021. The details of the purchases include prices ranging from £14.318 to £14.598 and average prices around £14.469 per share across trading venues such as LSE, Chi-X, and BATS. This buy-back is aligned with regulations under EU MAR and UK MAR.
- Completed share buy-back of 1,240,000 'B' shares enhances shareholder value.
- Trading decisions made independently by Exane BNP Paribas, ensuring objectivity.
- None.
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| Transaction in Own Shares | ||||||
| 02 August 2021 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 02 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 | |
| 02/08/2021 | 1 039 000 | 14.598 | 14.318 | 14.469 | LSE | |
| 02/08/2021 | 125 000 | 14.594 | 14.340 | 14.464 | Chi-X (CXE) | |
| 02/08/2021 | 76 000 | 14.592 | 14.346 | 14.454 | 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 purchase on 02 August 2021?
What was the range of prices for the 'B' shares bought by Royal Dutch Shell on 02 August 2021?
Who is responsible for trading decisions during Shell's share buy-back programme?
When does Shell's share buy-back programme conclude?
