SHEL Shell Plc

 
TIDMSHELL 
 

22 March, 2023

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

Shell plc (the 'Company') announces that on 22 March 2023 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

 
                                                             Volume weighted 
Date of          Number of      Highest price  Lowest price   average price 
purchase      Shares purchased       paid          paid       paid per share     Venue     Currency 
-----------  -----------------  -------------  ------------  ---------------  -----------  -------- 
22/03/2023       1,207,731        GBP23.345     GBP22.930       GBP23.097         LSE        GBP 
-----------  -----------------  -------------  ------------  ---------------  -----------  -------- 
22/03/2023        127,958         GBP23.205     GBP22.935       GBP23.074     Chi-X (CXE)    GBP 
-----------  -----------------  -------------  ------------  ---------------  -----------  -------- 
22/03/2023        308,789         GBP23.310     GBP22.940       GBP23.065     BATS (BXE)     GBP 
-----------  -----------------  -------------  ------------  ---------------  -----------  -------- 
22/03/2023             798,133      EUR26.615     EUR26.280        EUR26.430         XAMS       EUR 
-----------  -----------------  -------------  ------------  ---------------  -----------  -------- 
22/03/2023             230,235      EUR26.580     EUR26.280        EUR26.412     CBOE DXE       EUR 
-----------  -----------------  -------------  ------------  ---------------  -----------  -------- 
22/03/2023              37,893      EUR26.565     EUR26.285        EUR26.416         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 2 February 2023.

In respect of this programme, BNP Paribas Exane will make trading decisions in relation to the securities independently of the Company for a period from 2 February 2023 up to and including 28 April 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 BNP Paribas Exane on behalf of the Company as a part of the buy-back programme is detailed below.

Enquiries

Media International: +44 (0) 207 934 5550

Media Americas: +1 832 337 4335

LEI number of Shell plc: 21380068P1DRHMJ8KU70

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

Attachment

   -- RNS Report SHELL 2023 03 22 
      https://ml-eu.globenewswire.com/Resource/Download/8a351179-f827-4c20-b864-f8ae5f7b68df 
 
 
 

(END) Dow Jones Newswires

March 22, 2023 12:51 ET (16:51 GMT)

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