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The 32-year-old has penned a two-year contract to sign for the Perth outfit, who are hoping to bounce back this campaign after almost dropping out of the top flight last season.
St Johnstone have agreed a two-year deal with Australian international Ryan McGowan, subject to international clearance.
Cammy Ballantyne feels more ready than ever to cement regular first-team football at St Johnstone.
Shankland didn’t take part as his move was confirmed less than three hours before kick-off, but there was considerable relief within the travelling party at Deepdale that the striker’s deal finally went through.
Stoke City remain favourites to sign free agent Zander Clark, according to reports.
They have grown up St Johnstone fans.
St Johnstone manager Callum Davidson saw his problems mount as Ali Crawford went off with a hamstring injury during Saturday’s 2-2 draw with Queen of the South.
St Johnstone are facing early Premier Sports Cup elimination after losing another penalty shoot-out.