Director/PDMR Shareholding

Rhea-AI Summary

On September 23, 2020, Royal Dutch Shell plc disclosed transactions by Persons Discharging Managerial Responsibilities (PDMRs) related to the acquisition of notional dividend shares under the Long-term Incentive Plan (LTIP) following the interim dividend payment on September 21, 2020. Key transactions include:

• Ben van Beurden acquired 7,917.88 shares at €11.09 each.
• Jessica Uhl acquired 2,138.92 shares at $26.31.
• Other PDMRs also acquired shares in various amounts and currencies.

The notification aligns with Article 19 of the EU Market Abuse Regulation.

Positive

• PDMRs acquiring shares may indicate management confidence in the company's future.
• All transactions align with the company's long-term incentive strategy.

Negative

• No significant financial metrics or performance improvements disclosed.

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

September 23, 2020

Royal Dutch Shell plc (the "Company") has been notified that following the payment of the interim dividend on September 21, 2020 in respect of the second quarter of 2020, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired notional dividend shares under the Long-term Incentive Plan ("LTIP") as set out below. Details of the LTIP can be found in the Royal Dutch Shell plc Annual Report and Form 20-F ended December 31, 2019 (www.shell.com/annualreport).

PDMR	Date Acquired	Share Type	Number of notional dividend shares acquired	Price per Share
Ben van Beurden	21 September 2020	RDSA	7,917.88	EUR 11.09
Jessica Uhl	21 September 2020	RDS.A	2,138.92	USD 26.31
Harry Brekelmans	21 September 2020	RDSA	2,234.85	EUR 11.09
Ronan Cassidy	21 September 2020	RDSB	1,959.78	GBP 9.66
Donny Ching	21 September 2020	RDSA	1,665.98	EUR 11.09
Wael Sawan	21 September 2020	RDSA	2,202.71	EUR 11.09
Huibert Vigeveno	21 September 2020	RDSA	1,328.18	EUR 11.09
Maarten Wetselaar	21 September 2020	RDSA	2,234.85	EUR 11.09

The Notification of Dealing Form for each PDMR can be found below.
                                               
This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
                                               
Anthony Clarke                                
Deputy Company Secretary                       
                                               
ENQUIRIES                                         
                                               
Shell Media Relations                                    
International, UK, European Press: +44 20 7934 5550      
                                               
                                               
                                               
                                               
LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70
Classification: Additional regulated information required to be disclosed under the laws of a Member State.

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Ben
Last Name(s)	van Beurden
2. Reason for the notification
Position/status	Chief Executive Officer
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	11.09
Volume	7,917.88
Total	87,809.29
Aggregated information Volume Price Total	7,917.88 11.09 87,809.29
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Jessica
Last Name(s)	Uhl
2. Reason for the notification
Position/status	Chief Financial Officer
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	A American Depository Shares (RDS.A)
Identification Code	US7802592060
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	USD
Price	26.31
Volume	2,138.92
Total	56,274.99
Aggregated information Volume Price Total	2,138.92 26.31 56,274.99
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Harry
Last Name(s)	Brekelmans
2. Reason for the notification
Position/status	Projects & Technology Director
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	11.09
Volume	2,234.85
Total	24,784.49
Aggregated information Volume Price Total	2,234.85 11.09 24,784.49
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Ronan
Last Name(s)	Cassidy
2. Reason for the notification
Position/status	Chief Human Resources & Corporate Officer
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	B ordinary shares of €0.07 each
Identification Code	GB00B03MM408
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	GBP
Price	9.66
Volume	1,959.78
Total	18,931.47
Aggregated information Volume Price Total	1,959.78 9.66 18,931.47
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Donny
Last Name(s)	Ching
2. Reason for the notification
Position/status	Legal Director
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	11.09
Volume	1,665.98
Total	18,475.72
Aggregated information Volume Price Total	1,665.98 11.09 18,475.72
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Wael
Last Name(s)	Sawan
2. Reason for the notification
Position/status	Upstream Director
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	11.09
Volume	2,202.71
Total	24,428.05
Aggregated information Volume Price Total	2,202.71 11.09 24,428.05
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Huibert
Last Name(s)	Vigeveno
2. Reason for the notification
Position/status	Downstream Director
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	11.09
Volume	1,328.18
Total	14,729.52
Aggregated information Volume Price Total	1,328.18 11.09 14,729.52
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Maarten
Last Name(s)	Wetselaar
2. Reason for the notification
Position/status	Integrated Gas and New Energies Director
Initial notification/ amendment	Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Royal Dutch Shell plc
Legal Entity Identifier code	21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	11.09
Volume	2,234.85
Total	24,784.49
Aggregated information Volume Price Total	2,234.85 11.09 24,784.49
Date of transaction	21/09/2020
Place of transaction	Outside a trading venue

FAQ

What transactions were reported by Royal Dutch Shell on September 23, 2020?

Royal Dutch Shell reported acquisitions of notional dividend shares by PDMRs following the interim dividend payment.

Who are the PDMRs acquiring shares in Shell?

The PDMRs include Ben van Beurden, Jessica Uhl, and others.

What is the share price for RDS.A on September 21, 2020?

RDS.A shares were acquired at $26.31.

How many shares did Ben van Beurden acquire?

Ben van Beurden acquired 7,917.88 shares.

What are notional dividend shares in the context of Shell's LTIP?

Notional dividend shares are shares granted under the Long-term Incentive Plan based on the dividends paid.