Shell plc Transaction In Own Shares

 
TIDMSHELL 
 

Transaction in Own Shares

January 27, 2023

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --

Shell plc (the "Company") announces that on 27 January 2023 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

 
 Date of        Number of      Highest price  Lowest price  Volume weighted  Venue  Currency 
 Purchase    Shares purchased       paid          paid       average price 
                                                                paid per 
                                                                 share 
27/01/2023       47,606         GBP 23.9350   GBP 23.6900     GBP 23.7753     LSE     GBP 
27/01/2023          -                -             -               -         Chi-X    GBP 
                                                                             (CXE) 
27/01/2023          -                -             -               -         BATS     GBP 
                                                                             (BXE) 
27/01/2023          -                -             -               -         XAMS     EUR 
27/01/2023          -                -             -               -         CBOE     EUR 
                                                                              DXE 
27/01/2023          -                -             -               -         TQEX     EUR 
----------  -----------------  -------------  ------------  ---------------  -----  -------- 
 

These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 27 October 2022.

In respect of this programme, Goldman Sachs International will make trading decisions in relation to the securities independently of the Company for a period from 27 October 2022 up to and including 27 January 2023.

The on-market limb will be effected within certain pre-set parameters and in accordance with the Company's general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company's general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with 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 (at 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 the Financial Services Act, 2021 and 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 (the "EU MAR Delegated Regulation") and the EU MAR Delegated Regulation as "onshored" into UK law from the end of the Brexit transition period (at 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 the Financial Services Act, 2021 and 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 breakdown of the individual trades made by Goldman Sachs International on behalf of the Company as a part of the buy-back programme is detailed below.

Enquiries:

Media International: [phone]

Media Americas: [phone]

LEI number of Shell plc: 21380068P1DRHMJ8KU70

Classification: Acquisition or disposal of the issuer's own shares

Attachment

   -- Transaction in Own Shares - complete 
      https://ml-eu.globenewswire.com/Resource/Download/b1a172e8-d78d-4c8b-8b26-9e841b9c8679 
 
 
 

(END) Dow Jones Newswires

January 27, 2023 13:11 ET (18:11 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.