SHEL Shell Plc

 
TIDMSHELL 
 

Transaction in Own Shares

July 07, 2023

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

Shell plc (the 'Company') announces that on 07 July 2023 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

 
                                                             Volume weighted 
                                                              average price 
  Date of        Number of      Highest price  Lowest price      paid per 
 Purchase     Shares purchased       paid          paid           share       Venue  Currency 
07/07/2023       1,848,225       GBP 23.0050   GBP 22.5100     GBP 22.7899     LSE     GBP 
                                                                              Chi-X 
07/07/2023        292,125        GBP 23.0050   GBP 22.5150     GBP 22.7899    (CXE)    GBP 
                                                                              BATS 
07/07/2023        628,850        GBP 23.0050   GBP 22.5250     GBP 22.7688    (BXE)    GBP 
07/07/2023           2,203,670    EUR 27.3050   EUR 26.7100      EUR 27.0496   XAMS       EUR 
                                                                               CBOE 
07/07/2023             536,580    EUR 27.3000   EUR 26.7100      EUR 27.0464    DXE       EUR 
07/07/2023             110,725    EUR 27.2950   EUR 26.7300      EUR 27.0316   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 4 May 2023.

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 4 May 2023 up to and including 21 July 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: +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

   -- 20230707_Shell RNS - full version 
      https://ml-eu.globenewswire.com/Resource/Download/60d2171e-c565-490d-805a-9441aae7267f 
 
 
 

(END) Dow Jones Newswires

July 07, 2023 13:18 ET (17:18 GMT)

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