Transaction In Own Shares| MENAFN.COM

Saturday, 10 December 2022 05:37 GMT

Transaction In Own Shares


(MENAFN- GlobeNewsWire - Nasdaq)

Transaction in Own Shares

November 25, 2022

• • • • • • • • • • • • • • • •

Shell plc (the 'Company') announces that on 25 November 2022 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of purchase Number of Shares purchased Highest price paid
Lowest price paid
Volume weighted average price paid per share Venue Currency
25/11/2022 862,645 £ 23.8550 £ 23.4450 £ 23.6699 LSE GBP
25/11/2022 325,004 £ 23.8550 £ 23.4450 £ 23.6712 Chi-X (CXE) GBP
25/11/2022 - - - - BATS (BXE) GBP
25/11/2022 1,084,342 € 27.7300 € 27.2550 € 27.5402 XAMS EUR
25/11/2022 264,180 € 27.7350 € 27.2650 € 27.5598 CBOE DXE EUR
25/11/2022 - - - - 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: +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

  • transaction in own shares - complete



Attachments Transaction in Own Shares - complete...

MENAFN25112022004107003653ID1105233648


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.