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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shell Plc | LSE:RDSA | London | Ordinary Share | GB00B03MLX29 | 'A' ORD EUR0.07 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,895.20 | 1,900.20 | 1,900.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
By Jaime Llinares Taboada
Royal Dutch Shell PLC said Monday that it has agreed to acquire Ubitricity, the largest public electric-vehicle charging network in the U.K.
The Anglo-Dutch oil major said the acquisition marks its expansion into the fast-growing on-street EV charging market and will provide competencies to help it scale its charging offer. Shell is aiming to become a net-zero emissions energy company by 2050 or sooner.
Ubitricity, founded in Berlin, has a 13% market share in the U.K. as well as established public charging positions in Germany and France, Shell said.
Shell said the deal is expected to be completed later in 2021 but didn't disclose the purchase price.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
January 25, 2021 05:57 ET (10:57 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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