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Shell plc announced that on August 2, 2024, Wael Sawan, the company's Chief Executive Officer, has modified his participation in a Dividend Reinvestment Plan (DRIP). Sawan will now receive cash dividends on future dividend payments for his shareholdings in a Computershare Share Plan Account. As of August 2, 2024, Sawan held 266,533.09 ordinary shares of €0.07 each in Shell plc within this account. This change in DRIP participation is considered a transaction by a Person Discharging Managerial Responsibilities (PDMR) under EU and UK market abuse regulations.

Shell plc ha annunciato che il 2 agosto 2024, Wael Sawan, Amministratore Delegato dell'azienda, ha modificato la sua partecipazione in un Piano di Riempimento dei Dividendi (DRIP). Sawan riceverà ora dividendi in contante sui futuri pagamenti di dividendi per le sue partecipazioni in un Conto del Piano Azionario di Computershare. A partire dal 2 agosto 2024, Sawan deteneva 266.533,09 azioni ordinarie di €0,07 ciascuna in Shell plc all'interno di questo conto. Questa modifica della partecipazione al DRIP è considerata una transazione da parte di una Persona che Svolge Funzioni Direttive (PDMR) ai sensi delle normative UE e UK contro l'abuso di mercato.

Shell plc anunció que el 2 de agosto de 2024, Wael Sawan, Director Ejecutivo de la compañía, ha modificado su participación en un Plan de Reinversión de Dividendos (DRIP). Sawan recibirá ahora dividendos en efectivo en los futuros pagos de dividendos por sus acciones en un Cuenta del Plan de Acciones de Computershare. A partir del 2 de agosto de 2024, Sawan poseía 266.533,09 acciones ordinarias de €0,07 cada una en Shell plc dentro de esta cuenta. Este cambio en la participación del DRIP se considera una transacción por un Persona que Desempeña Responsabilidades de Gestión (PDMR) bajo las regulaciones de abuso de mercado de la UE y Reino Unido.

셸 plc는 2024년 8월 2일, Wael Sawan이 회사의 최고경영자(CEO)로서 배당 재투자 계획(DRIP)에 대한 참여를 수정했다고 발표했습니다. Sawan은 이제 현금 배당금Computershare 주식계좌의 보유 주식에 대한 향후 배당금 지급에서 받을 것입니다. 2024년 8월 2일 기준으로 Sawan은 이 계좌에서 Shell plc의 266,533.09 보통주를 각 €0.07 내에 보유하고 있었습니다. DRIP 참여의 이러한 변경은 EU 및 영국의 시장 남용 규정에 따라 경영 책임을 수행하는 자(PDMR)의 거래로 간주됩니다.

Shell plc a annoncé que le 2 août 2024, Wael Sawan, le Directeur Général de l'entreprise, a modifié sa participation dans un Plan de Réinvestissement des Dividendes (DRIP). Sawan recevra désormais des dividendes en espèces sur de futurs paiements de dividendes pour ses actions dans un Compte du Plan d'Actions de Computershare. Au 2 août 2024, Sawan détenait 266 533,09 actions ordinaires d'une valeur de €0,07 chacune dans Shell plc dans ce compte. Ce changement de participation au DRIP est considéré comme une transaction par une Personne Exerçant des Fonctions de Direction (PDMR) en vertu des réglementations de l'UE et du Royaume-Uni sur les abus de marché.

Shell plc gab bekannt, dass Wael Sawan, der Geschäftsführer des Unternehmens, am 2. August 2024 seine Teilnahme an einem Dividenden-Reinvestitionsplan (DRIP) geändert hat. Sawan wird nun Bargelddividenden auf zukünftige Dividendenzahlungen für seine Anteile in einem Computershare-Aktienplan-Konto erhalten. Ab dem 2. August 2024 hielt Sawan 266.533,09 Stammaktien zu je €0,07 in Shell plc innerhalb dieses Kontos. Diese Änderung der DRIP-Teilnahme wird als Transaktion einer Person, die Leitende Funktionen ausübt (PDMR) gemäß den EU- und UK-Vorschriften zum Marktmissbrauch betrachtet.

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

August 2, 2024

Shell plc (the “Company”) announces that on August 2, 2024, Wael Sawan, a Person Discharging Managerial Responsibilities (“PDMR”) has varied his participation in a Dividend Reinvestment Plan (“DRIP”) to receive a cash dividend on future dividend payments on his shareholdings in a Computershare Share Plan Account. As at August 2, 2024, Wael Sawan held 266,533.09 ordinary shares of €0.07 each in the Company in his Computershare Share Plan Account.

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/statusChief Executive Officer
Initial notification/amendmentsInitial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entityShell plc
Legal Entity Identifier code21380068P1DRHMJ8KU70
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 instrumentOrdinary shares of €0.07 each
Identification CodeGB00BP6MXD84
Nature of the transactionVariation in participation in a DRIP to receive a cash dividend on future dividend payments on shareholdings in a Computershare Share Plan Account. As at August 2, 2024, Wael Sawan held 266,533.09 ordinary shares in his Computershare Share Plan Account.
CurrencyN/A
Price N/A
VolumeN/A
TotalN/A
Aggregated information
Volume
Price
Total
 

N/A
N/A
N/A
Date of transactionAugust 2, 2024
Place of transactionOutside trading venue

Julie Keefe
Deputy 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.


FAQ

What change did Shell's CEO Wael Sawan make to his dividend reinvestment plan on August 2, 2024?

On August 2, 2024, Shell's CEO Wael Sawan modified his Dividend Reinvestment Plan (DRIP) to receive cash dividends on future dividend payments for his shareholdings in a Computershare Share Plan Account, instead of reinvesting them.

How many Shell (SHEL) shares did Wael Sawan hold in his Computershare Share Plan Account as of August 2, 2024?

As of August 2, 2024, Wael Sawan held 266,533.09 ordinary shares of €0.07 each in Shell plc (SHEL) in his Computershare Share Plan Account.

Why is Shell (SHEL) required to disclose Wael Sawan's change in dividend reinvestment?

Shell (SHEL) is required to disclose this change because Wael Sawan is a Person Discharging Managerial Responsibilities (PDMR), and such transactions must be reported under EU and UK market abuse regulations.

What is the Legal Entity Identifier (LEI) code for Shell plc (SHEL)?

The Legal Entity Identifier (LEI) code for Shell plc (SHEL) is 21380068P1DRHMJ8KU70.

Shell plc American Depositary Shares (Each represents two Ordinary shares)

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