Director/PDMR shareholding

Rhea-AI Summary

On March 8, 2021, Royal Dutch Shell announced the vesting of shares for various Persons Discharging Managerial Responsibilities (PDMRs) under the Long Term Incentive Plan (LTIP). Key transactions include:

• Ben van Beurden: 207,147 shares (RDS.A)
• Jessica Uhl: 54,380 shares (RDS.A)
• Harry Brekelmans: 59,964 shares (RDS.A)
• Ronan Cassidy: 51,253 shares (RDS.B)
• Donny Ching: 44,700 shares (RDS.A)
• Wael Sawan: 51,242 shares (RDS.A)
• Huibert Vigeveno: 24,531 shares (RDS.A)
• Maarten Wetselaar: 59,964 shares (RDS.A)

All transactions occurred on March 5, 2021, outside a trading venue.

Positive

• Successful vesting of shares enhances executive alignment with shareholder interests.
• The vesting of awards reflects the company's performance and commitment to long-term value creation.

Negative

• The vesting of large share quantities may lead to shareholder dilution if the shares are sold in the market.

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

March 8, 2021

Royal Dutch Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares of Royal Dutch Shell plc as set out  below following the vesting of conditional awards granted in 2018 under the Long Term Incentive Plan (“LTIP”).

Details of the LTIP can be found in the Royal Dutch Shell plc Annual Report and Form 20-F for the year ended December 31, 2019 (www.shell.com/annualreport).

LONG TERM INCENTIVE PLAN
PDMR	VESTING DATE	SHARE TYPE	NUMBER OF SHARES VESTED
Ben van Beurden	March 5, 2021	RDSA	207,147
Jessica Uhl	March 5, 2021	RDS.A	54,380
Harry Brekelmans	March 5, 2021	RDSA	59,964
Ronan Cassidy	March 5, 2021	RDSB	51,253
Donny Ching	March 5, 2021	RDSA	44,700
Wael Sawan	March 5, 2021	RDSA	51,242
Huibert Vigeveno	March 5, 2021	RDSA	24,531
Maarten Wetselaar	March 5, 2021	RDSA	59,964

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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	EUR
Price	NIL
Volume	207,147
Total	N/A
Aggregated information Volume Price Total	207,147 NIL N/A
Date of transaction	March 5, 2021
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Uhl
Last Name(s)	Jessica
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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	USD
Price	NIL
Volume	54,380
Total	N/A
Aggregated information Volume Price Total	54,380 NIL N/A
Date of transaction	March 5, 2021
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 and 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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	EUR
Price	NIL
Volume	59,964
Total	N/A
Aggregated information Volume Price Total	59,964 NIL N/A
Date of transaction	March 5, 2021
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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	GBP
Price	NIL
Volume	51,253
Total	N/A
Aggregated information Volume Price Total	51,253 NIL N/A
Date of transaction	March 5, 2021
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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	EUR
Price	NIL
Volume	44,700
Total	N/A
Aggregated information Volume Price Total	44,700 NIL N/A
Date of transaction	March 5, 2021
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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	EUR
Price	NIL
Volume	51,242
Total	N/A
Aggregated information Volume Price Total	51,242 NIL N/A
Date of transaction	March 5, 2021
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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	EUR
Price	NIL
Volume	24,531
Total	N/A
Aggregated information Volume Price Total	24,531 NIL N/A
Date of transaction	March 5, 2021
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	Vesting of awards granted in 2018 under the Long Term Incentive Plan (LTIP)
Currency	EUR
Price	NIL
Volume	59,964
Total	N/A
Aggregated information Volume Price Total	59,964 NIL N/A
Date of transaction	March 5, 2021
Place of transaction	Outside a trading venue

FAQ

What is the date of the share vesting for RDS.A and RDS.B?

The share vesting occurred on March 5, 2021.

Who are the PDMRs involved in the share vesting for RDS.A and RDS.B?

The PDMRs include Ben van Beurden, Jessica Uhl, Harry Brekelmans, Ronan Cassidy, Donny Ching, Wael Sawan, Huibert Vigeveno, and Maarten Wetselaar.

How many shares were vested for Ben van Beurden under the LTIP?

Ben van Beurden received 207,147 shares (RDS.A) under the LTIP.

What is the significance of the share vesting for Royal Dutch Shell?

The share vesting aligns the interests of management with those of shareholders and reflects the company's performance.

What are the potential impacts of the share vesting on RDS.A and RDS.B stock prices?

Large vesting may lead to temporary volatility, and if shares are sold in the market, it could result in shareholder dilution.