Director/PDMR shareholding

Rhea-AI Summary

On March 31, 2021, Royal Dutch Shell announced that several Persons Discharging Managerial Responsibilities (PDMRs) acquired notional dividend shares under the Long-term Incentive Plan following the interim dividend payment on March 29, 2021. Key acquisitions included CEO Ben van Beurden obtaining 3,551.52 shares at €17.07 each, CFO Jessica Uhl acquiring 982.89 shares at $40.52, and others such as Harry Brekelmans and Ronan Cassidy, each acquiring shares in the A and B series. Total transactions for these shares amounted to significant sums, highlighting the company's executive compensation structure.

Positive

• PDMRs, including the CEO, acquired a substantial number of notional dividend shares, indicating confidence in company performance.
• Share acquisitions were made at favorable prices, suggesting a potential alignment of interests between management and shareholders.

Negative

• None.

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

March 31, 2021

Royal Dutch Shell plc (the "Company") has been notified that following the payment of the interim dividend on March 29, 2021 in respect of the fourth 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, 2020 (www.shell.com/annualreport).

PDMR	Date Acquired	Share Type	Number of notional dividend shares acquired	Price per Share
Ben van Beurden	29 March 2021	RDSA	3,551.52	EUR 17.07
Jessica Uhl	29 March 2021	RDS.A	982.89	USD 40.52
Harry Brekelmans	29 March 2021	RDSA	988.95	EUR 17.07
Ronan Cassidy	29 March 2021	RDSB	900.11	GBP 13.74
Donny Ching	29 March 2021	RDSA	737.22	EUR 17.07
Wael Sawan	29 March 2021	RDSA	1,045.58	EUR 17.07
Huibert Vigeveno	29 March 2021	RDSA	687.85	EUR 17.07
Maarten Wetselaar	29 March 2021	RDSA	988.95	EUR 17.07

The Notification of Dealing Form for each PDMR can be found below.

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	17.07
Volume	3,551.52
Total	60,624.45
Aggregated information Volume Price Total	3,551.52 17.07 60,624.45
Date of transaction	29/03/2021
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	40.52
Volume	982.89
Total	39,826.70
Aggregated information Volume Price Total	982.89 40.52 39,826.70
Date of transaction	29/03/2021
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 & 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	17.07
Volume	988.95
Total	16,881.38
Aggregated information Volume Price Total	988.95 17.07 16,881.38
Date of transaction	29/03/2021
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	Acquisition of notional dividend shares under the LTIP
Currency	GBP
Price	13.74
Volume	900.11
Total	12,367.51
Aggregated information Volume Price Total	900.11 13.74 12,367.51
Date of transaction	29/03/2021
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	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	17.07
Volume	737.22
Total	12,584.35
Aggregated information Volume Price Total	737.22 17.07 12,584.35
Date of transaction	29/03/2021
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	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	17.07
Volume	1,045.58
Total	17,848.05
Aggregated information Volume Price Total	1,045.58 17.07 17,848.05
Date of transaction	29/03/2021
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	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	17.07
Volume	687.85
Total	11,741.60
Aggregated information Volume Price Total	687.85 17.07 11,741.60
Date of transaction	29/03/2021
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	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	17.07
Volume	988.95
Total	16,881.38
Aggregated information Volume Price Total	988.95 17.07 16,881.38
Date of transaction	29/03/2021
Place of transaction	Outside a trading venue

FAQ

What was the purpose of the March 31, 2021 press release from Royal Dutch Shell?

The press release notified about transactions by Persons Discharging Managerial Responsibilities (PDMRs) acquiring notional dividend shares under the Long-term Incentive Plan.

Who acquired shares under the Long-term Incentive Plan in March 2021?

Key executives including Ben van Beurden, Jessica Uhl, and Harry Brekelmans acquired shares on March 29, 2021.

What price did Ben van Beurden pay for the notional dividend shares?

Ben van Beurden acquired 3,551.52 shares at a price of €17.07 each.

How many shares did Jessica Uhl acquire on March 29, 2021?

Jessica Uhl acquired 982.89 shares at $40.52 each.

What is the significance of the share acquisitions by PDMRs?

The share acquisitions by PDMRs reflect their compensation structure and alignment of management's interests with those of shareholders.