Director/PDMR shareholding

Rhea-AI Summary

Shell plc announced a notification of share purchase by Jane Lute, a non-executive director, as part of compliance with the EU and UK market abuse regulations. The transaction, reported on February 16, 2022, involved the purchase of 903 American Depository Shares (SHEL) at an average price of $55.32, totaling $49,954.21. This marks an initial notification of the insider transaction conducted on February 11, 2022, in New York.

Positive

• Insider purchase of 903 ADS indicates confidence in Shell's future.
• Total transaction value of $49,954.21 reflects significant investment by a director.

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 REGIME

February 16, 2022

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Jane
Last Name(s)	Lute
2. Reason for the notification
Position/status	Non-executive Director
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	American Depository Shares (SHEL) (1 ADS is equal to 2 ordinary shares)
Identification Code	GB00BP6MXD84
Nature of the transaction	Purchase of shares
Currency	USD
Price (Average)	$55.32
Volume	903 ADS
Total	$49,954.21
Aggregated information:
Volume	903 ADS
Price	€55.32
Total	€49,954.2138

Date of Transaction	Friday, February 11, 2022
Place of Transaction	New York

Anthony Clarke
Deputy Company Secretary

ENQUIRIES

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

FAQ

What does the recent insider transaction by Jane Lute signify for SHEL stock?

The purchase of shares by non-executive director Jane Lute may indicate confidence in Shell's future performance, which can positively influence investor sentiment regarding SHEL stock.

How many shares did Jane Lute buy on February 11, 2022?

Jane Lute purchased 903 American Depository Shares (SHEL) on February 11, 2022.

What was the total value of Jane Lute's share purchase in Shell?

Jane Lute's share purchase totaled $49,954.21.

At what price did Jane Lute purchase the SHEL shares?

Jane Lute purchased the SHEL shares at an average price of $55.32.

When was the transaction by Jane Lute publicly disclosed?

The transaction was publicly disclosed on February 16, 2022.

Where was the purchase of SHEL shares made?

The purchase of SHEL shares was made in New York.