Director/PDMR Shareholding

Rhea-AI Summary

Shell plc announced the acquisition of dividend shares by several Persons Discharging Managerial Responsibilities (PDMRs) following the interim dividend payment on June 24, 2024. The transactions, which took place on June 27, 2024, involved shares previously delivered under the annual bonus or vested under employee share plans.

PDMRs acquiring shares include CEO Wael Sawan, CFO Sinead Gorman, Legal Director Philippa Bounds, Projects & Technology Director Robertus Mooldijk, Chief Human Resources & Corporate Officer Rachel Solway, Downstream, Renewables & Energy Solutions Director Huibert Vigeveno, and Integrated Gas & Upstream Director Zoe Yujnovich. The shares were acquired on both the Amsterdam (EUR 33.41 per share) and London (GBP 28.18 per share) stock exchanges. Detailed share counts and transaction values for each PDMR are disclosed in the notification.

More information is available in Shell's Annual Report and Form 20-F for the year ended December 31, 2023.

Positive

• PDMRs acquired dividend shares, reinforcing their commitment to the company.
• CEO Wael Sawan acquired shares worth EUR 72,087.75, indicating strong leadership confidence.

Negative

• No significant negative business aspects reported.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
July 1, 2024
Shell plc (the "Company") has been notified that following the payment of the interim dividend on June 24, 2024 in respect of the first quarter of 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2023 (www.shell.com/annualreport).
PDMR	Date Acquired	Share Type	Number of dividend shares acquired	Purchase price per Share
Wael Sawan	27 June 2024	SHELL (AMS)	2,157.67	EUR 33.41
Wael Sawan	27 June 2024	SHEL (LSE)	347.05	GBP 28.18
Sinead Gorman	27 June 2024	SHEL (LSE)	978.19	GBP 28.18
Philippa Bounds	27 June 2024	SHELL (AMS)	0.01	EUR 33.41
Philippa Bounds	27 June 2024	SHEL (LSE)	41.81	GBP 28.18
Robertus Mooldijk	27 June 2024	SHELL (AMS)	642.06	EUR 33.41
Rachel Solway	27 June 2024	SHEL (LSE)	4.01	GBP 28.18
Huibert Vigeveno	27 June 2024	SHELL (AMS)	1,056.25	EUR 33.41
Zoe Yujnovich	27 June 2024	SHELL (AMS)	1,043.29	EUR 33.41
The Notification of Dealing Form for each PDMR can be found below.
Sean Ashley
Company Secretary
ENQUIRIES
Shell Media Relations
International, UK, European Press: +44 20 7934 5550
LEI number of 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)	Wael
Last Name(s)	Sawan
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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	33.41
Volume	2,157.67
Total	72,087.75
Aggregated information
Volume	2,157.67
Price	33.41
Total	72,087.75
Date of transaction	27/06/2024
Place of transaction	Amsterdam

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	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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	28.18
Volume	347.05
Total	9,779.87
Aggregated information
Volume	347.05
Price	28.18
Total	9,779.87
Date of transaction	27/06/2024
Place of transaction	London

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Sinead
Last Name(s)	Gorman
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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	28.18
Volume	978.19
Total	27,565.39
Aggregated information
Volume	978.19
Price	28.18
Total	27,565.39
Date of transaction	27/06/2024
Place of transaction	London

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Philippa
Last Name(s)	Bounds
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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	33.41
Volume	0.01
Total	0.33
Aggregated information
Volume	0.01
Price	33.41
Total	0.33
Date of transaction	27/06/2024
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Philippa
Last Name(s)	Bounds
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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	28.18
Volume	41.81
Total	1,178.21
Aggregated information
Volume	41.81
Price	28.18
Total	1,178.21
Date of transaction	27/06/2024
Place of transaction	London

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Robertus
Last Name(s)	Mooldijk
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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	33.41
Volume	642.06
Total	21,451.22
Aggregated information
Volume	642.06
Price	33.41
Total	21,451.22
Date of transaction	27/06/2024
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Rachel
Last Name(s)	Solway
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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	GBP
Price	28.18
Volume	4.01
Total	113.00
Aggregated information
Volume	4.01
Price	28.18
Total	113.00
Date of transaction	27/06/2024
Place of transaction	London

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, Renewables & Energy Solutions 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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	33.41
Volume	1,056.25
Total	35,289.31
Aggregated information
Volume	1,056.25
Price	33.41
Total	35,289.31
Date of transaction	27/06/2024
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Zoe
Last Name(s)	Yujnovich
2. Reason for the notification
Position/status	Integrated Gas and 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	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	Ordinary shares of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency	EUR
Price	33.41
Volume	1,043.29
Total	34,856.32
Aggregated information
Volume	1,043.29
Price	33.41
Total	34,856.32
Date of transaction	27/06/2024
Place of transaction	Amsterdam

FAQ

What are the recent share transactions involving Shell PDMRs as of June 27, 2024?

Shell PDMRs including CEO Wael Sawan and CFO Sinead Gorman acquired dividend shares following the interim dividend payment on June 24, 2024.

How many shares did Shell CEO Wael Sawan acquire on June 27, 2024?

Shell CEO Wael Sawan acquired 2,157.67 shares on the Amsterdam stock exchange and 347.05 shares on the London stock exchange on June 27, 2024.

What was the price of Shell shares acquired by PDMRs on June 27, 2024?

The shares were acquired at EUR 33.41 per share on the Amsterdam exchange and GBP 28.18 per share on the London exchange.

Where can I find more information about Shell's financial performance for 2023?

More information is available in Shell's Annual Report and Form 20-F for the year ended December 31, 2023, available at www.shell.com/annualreport.

Which Shell PDMRs acquired shares on June 27, 2024?

PDMRs including Wael Sawan, Sinead Gorman, Philippa Bounds, Robertus Mooldijk, Rachel Solway, Huibert Vigeveno, and Zoe Yujnovich acquired shares on June 27, 2024.