Director/PDMR Shareholding

Rhea-AI Summary

On April 3, 2023, Shell plc announced that its executives acquired dividend shares following an interim dividend payment made on March 27, 2023, for Q4 2022. Key PDMRs, including CEO Wael Sawan and CFO Sinead Gorman, purchased shares at prices ranging from €26.62 to £23.38. Notable transactions included 1,699.63 shares for Sawan at €26.62 and 409.04 shares for Gorman at £23.38. The total value of these transactions indicates continued confidence in company performance. For more details, refer to Shell's Annual Report available on their website.

Positive

• PDMRs acquiring dividend shares indicates confidence in Shell's financial health.
• Substantial share purchases by top executives suggest a positive outlook for future performance.

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

April 03, 2023

Shell plc (the "Company") has been notified that following the payment of the interim dividend on March 27, 2023 in respect of the fourth quarter of 2022, 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, 2022 (www.shell.com/annualreport).

PDMR	Date Acquired	Share Type	Number of dividend shares acquired	Purchase price per Share
Wael Sawan	30 March 2023	SHELL (AMS)	1,699.63	EUR 26.62
Sinead Gorman	30 March 2023	SHEL (LSE)	409.04	GBP 23.38
Harry Brekelmans	30 March 2023	SHELL (AMS)	1,376.03	EUR 26.62
Ronan Cassidy	30 March 2023	SHEL (LSE)	1,124.28	GBP 23.38
Donny Ching	30 March 2023	SHELL (AMS)	2,882.11	EUR 26.62
Edward Daniels	30 March 2023	SHEL (LSE)	372.04	GBP 23.38
Huibert Vigeveno	30 March 2023	SHELL (AMS)	636.04	EUR 26.62
Zoe Yujnovich	30 March 2023	SHELL (AMS)	743.11	EUR 26.62

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)	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	26.62
Volume	1,699.63
Total	45,244.15
Aggregated information Volume Price Total	1,699.63 26.62 45,244.15
Date of transaction	30/03/2023
Place of transaction	Amsterdam

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	23.38
Volume	409.04
Total	9,563.36
Aggregated information Volume Price Total	409.04 23.38 9,563.36
Date of transaction	30/03/2023
Place of transaction	London

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	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	26.62
Volume	1,376.03
Total	36,629.92
Aggregated information Volume Price Total	1,376.03 26.62 36,629.92
Date of transaction	30/03/2023
Place of transaction	Amsterdam

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	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	23.38
Volume	1,124.28
Total	26,285.67
Aggregated information Volume Price Total	1,124.28 23.38 26,285.67
Date of transaction	30/03/2023
Place of transaction	London

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	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	26.62
Volume	2,882.11
Total	76,721.77
Aggregated information Volume Price Total	2,882.11 26.62 76,721.77
Date of transaction	30/03/2023
Place of transaction	Amsterdam

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Edward
Last Name(s)	Daniels
2. Reason for the notification
Position/status	Strategy, Sustainability and Corporate Relations 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	23.38
Volume	372.04
Total	8,698.30
Aggregated information Volume Price Total	372.04 23.38 8,698.30
Date of transaction	30/03/2023
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 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	26.62
Volume	636.04
Total	16,931.38
Aggregated information Volume Price Total	636.04 26.62 16,931.38
Date of transaction	30/03/2023
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	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	26.62
Volume	743.11
Total	19,781.59
Aggregated information Volume Price Total	743.11 26.62 19,781.59
Date of transaction	30/03/2023
Place of transaction	Amsterdam

FAQ

What recent transactions occurred involving Shell plc executives?

Shell plc executives acquired dividend shares on March 30, 2023, after the interim dividend payment on March 27, 2023.

What was the purchase price of Shell shares by executives?

The purchase price ranged from €26.62 for Amsterdam shares to £23.38 for London shares.

Who are the key executives that acquired shares in Shell plc?

Key executives include Wael Sawan (CEO), Sinead Gorman (CFO), and other directors.

How many shares did Wael Sawan purchase in Shell plc?

Wael Sawan purchased 1,699.63 shares at a price of €26.62.

What does the purchasing of shares by executives indicate?

It indicates their confidence in Shell plc's ongoing performance and financial stability.