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Transactions with own shares
September 7, 2022
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Shell plc (the “Company”) announces that on 7 September 2022 it has acquired the following number of Cancellation Shares.
Aggregate information on purchased shares depending on the place of trading:
| Date of purchase | Number of shares purchased | Highest price paid | The lowest price | Weighted average price per share | Venue | Currency |
| 07/09/2022 | 2,347,000 | £23.1550 | £22.4100 | £22.7753 | LSE | GBP |
| 07/09/2022 | 75,542 | £22.6500 | £22.4100 | £22.5790 | Chi-X (CXE) | GBP |
| 07/09/2022 | 861,000 | £22.8550 | £22.4100 | £22.6912 | BATH (BXE) | GBP |
| 07/09/2022 | 2,590,000 | 26.7900 € | 26.0200 € | €26.3426 | XAMS | euro |
| 07/09/2022 | 539,000 | €26.5250 | 26.0200 € | €26.2246 | CBOE DXE | euro |
| 07/09/2022 | 89,000 | €26.3500 | €26.0250 | €26.2513 | TQEX | euro |
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These share purchases are part of the market and non-market portions of the company’s existing share repurchase program previously announced on July 28, 2022.
With respect to this program, Citigroup Global Markets Limited will make trading decisions on securities independently of the Company for the period from July 28, 2022 to October 21, 2022, inclusive.
The limb on the market will be carried out within certain pre-set parameters and in accordance with the general powers of the company to repurchase shares on the market. The off-market share repurchase will be made pursuant to the company’s general off-market share repurchase authority in accordance with the off-market repurchase agreement approved by its stockholders and the predetermined parameters set forth therein. The program will be conducted in accordance with Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU relating to buy-back programs (“EU MAR”) and EU MAR as being “embedded” in UK law from the end of the Brexit transition period (at 23:00 on 31 December 2020) under the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), as amended , restatements, restored, replaced or superseded by the Financial Services Act 2021 and related legislation (including the Market Abuse (Amendment) (Withdrawal from the EU) Regulations (SI 2019/310)), from time to time (“UK MAR ») and Commission Delegated Regulation (EU) 2016/1052 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “incorporated” into UK law after the end of the Brexit transition period (at 23:00 on 31 December 2020) through the Act on leaving the Hebrew of the European Union (Withdrawal Agreement) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, restated, restated, replaced or superseded by the Financial Services Act 2021 and related legislation (including the Market Abuse (Amendment) (Withdrawal from the EU) Regulations (SI 2019/310) ), from time to time.
Pursuant to the EU MAR and UK MAR, a breakdown of the individual transactions executed by Citigroup Global Markets Limited on behalf of the Company as part of the buyback program is set out below.
References
Media International: +44 (0) 207 934 5550
Media Americas: +1 832 337 4335
Shell plc LEI Number: 21380068P1DRHMJ8KU70
Classification: acquisition or disposal of the issuer’s own shares
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