Director/PDMR shareholding

Rhea-AI Summary

Shell plc disclosed managerial transactions on February 22, 2022. Ronan Cassidy, the Chief Human Resources & Corporate Officer, executed a sale of 118,000 ordinary shares at an average price of £19.84, totaling £2,341,120. This transaction was reported as an initial notification under the EU and UK market abuse regulations. The shares were traded in London, and the identification code for the shares is GB00BP6MXD84.

Positive

• No significant positive aspects reported.

Negative

• The sale of 118,000 shares by a senior officer may raise concerns about insider sentiment regarding Shell's future performance.

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

February 22, 2022

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/amendments	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 with a nominal value of €0.07 each
Identification Code	GB00BP6MXD84
Nature of the transaction	Sale of shares
Currency	GBP
Price (Average)	£19.84
Volume	118,000
Total	£2,341,120
Aggregated information:
Volume Price Total		118,000 £19.84 £2,341,120

Date of Transaction	22 February 2022
Place of Transaction	London

Anthony Clarke
Deputy Company Secretary

ENQUIRIES

Shell Media Relations
International, UK, European Press: +44 20 7934 5550

FAQ

What recent transaction did Shell (SHEL) report involving its Chief Human Resources & Corporate Officer?

On February 22, 2022, Shell's Chief Human Resources & Corporate Officer Ronan Cassidy sold 118,000 shares at an average price of £19.84.

How many shares did Ronan Cassidy sell on February 22, 2022?

Ronan Cassidy sold 118,000 ordinary shares on February 22, 2022.

What was the total value of the shares sold by Shell's officer?

The total value of the shares sold by Ronan Cassidy was £2,341,120.

Where was the transaction of Shell shares executed?

The transaction involving Shell shares was executed in London.

What is the identification code for Shell's ordinary shares?

The identification code for Shell's ordinary shares is GB00BP6MXD84.