Transaction in treasury shares
October 12, 2022
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Shell plc (the “Company”) announces that on 12 October 2022 it has purchased the following number of Shares for cancellation.
Aggregated information on purchased shares by trading venue:
| date of purchase | Number of shares purchased | Highest Price Paid | Lowest Price Paid | Volume weighted average price per share | Venue | currency |
| 12/10/2022 | 2,200,000 | £23,1500 | £22,5400 | £22,7357 | LSE | British pound |
| 12/10/2022 | – | £0.0000 | £0.0000 | £0.0000 | Chi-X (CXE) | British pound |
| 12/10/2022 | – | £0.0000 | £0.0000 | £0.0000 | Bats (BXE) | British pound |
| 12/10/2022 | 1.103.388 | €26.2750 | €25.6700 | €25.8922 | XAMS | EUR |
| 12/10/2022 | – | €0.0000 | €0.0000 | €0.0000 | CBOE DXE | EUR |
| 12/10/2022 | – | €0.0000 | €0.0000 | €0.0000 | TQEX | EUR |
These stock purchases are part of the on-exchange and off-exchange portions of the Company’s existing share repurchase program previously announced on July 28, 2022.
In relation to this Scheme, Citigroup Global Markets Limited will make trading decisions in respect of the Securities independently of the Company for a period from 28 July 2022 to 21 October 2022 inclusive.
The IPO will be conducted within certain predetermined parameters and in accordance with the Company’s general authority to repurchase shares in the market. The OTC portion will be conducted in accordance with the Company’s general OTC share repurchase authority pursuant to the OTC Share Repurchase Agreement approved by its shareholders and the pre-determined parameters set forth therein. The Scheme will be implemented in accordance with Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU which deals with buy back schemes (“EU MAR”) and EU MAR as “onshored” into UK law at the end of the Brexit transition period ( on 31 December 2020 at 11:00 p.m.) by the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020) and as amended, supplemented and restated, novated or replaced…
