Director/PDMR shareholding

Rhea-AI Summary

On February 10, 2022, Shell plc announced the disposal of 120,000 ordinary shares by Harry Brekelmans, Projects & Technology Director. The shares were sold at an average price of €24.54 each, totaling approximately €2,944,293.34. The transaction occurred on February 8, 2022, on the Euronext Amsterdam exchange. This notification adheres to the EU and UK market abuse regulations, offering transparency regarding managerial transactions within the company.

Positive

• The transaction reflects active management of shares by a senior director, potentially signaling confidence in Shell's future performance.

Negative

• The large share disposal may raise concerns about insider selling and its impact on shareholder confidence.

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 10, 2022

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/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	Disposal of shares
Currency	EUR
Price (Average)	€24.54
Volume	120,000
Total	€2,944,293.34
Aggregated information: For full breakdown see table at the end of this notification.
Volume	120,000
Price	€24.54
Total	€2,944,293.34

Date of Transaction	February 8, 2022
Place of Transaction	Euronext Amsterdam

Anthony Clarke
Deputy Company Secretary

ENQUIRIES

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

Full breakdown of transaction

Total Quantity	Price (€)	Total for trade (€)
944	24.60	23,222.40
487	24.60	11,980.20
3,472	24.60	85,411.20
797	24.60	19,606.20
1,975	24.60	48,585.00
1,604	24.59	39,442.36
882	24.59	21,688.38
1,617	24.57	39,729.69
2,328	24.56	57,175.68
939	24.55	23,052.45
2,240	24.55	54,992.00
1,171	24.55	28,748.05
289	24.55	7,094.95
180	24.55	4,419.00
1,039	24.55	25,507.45
1,791	24.55	43,969.05
1,166	24.54	28,613.64
1,065	24.53	26,124.45
3,421	24.53	83,917.13
861	24.53	21,120.33
3,808	24.53	93,410.24
766	24.53	18,789.98
1,564	24.56	38,411.84
140	24.55	3,437.00
2,538	24.55	62,307.90
140	24.55	3,437.00
53	24.55	1,301.15
50	24.54	1,227.00
812	24.54	19,926.48
6,052	24.53	148,455.56
282	24.54	6,920.28
306	24.53	7,506.18
5,983	24.52	146,703.16
381	24.57	9,361.17
44	24.56	1,080.64
959	24.56	23,553.04
295	24.58	7,251.10
1,315	24.58	32,322.70
43	24.56	1,056.08
334	24.57	8,206.38
400	24.57	9,828.00
751	24.57	18,452.07
2,070	24.57	50,859.90
2,105	24.56	51,698.80
761	24.56	18,690.16
1,521	24.55	37,340.55
566	24.55	13,895.30
1,672	24.55	41,047.60
2,357	24.55	57,864.35
48	24.53	1,177.44
874	24.55	21,456.70
2,242	24.53	54,996.26
2,495	24.53	61,202.35
2,413	24.52	59,166.76
1,181	24.52	28,958.12
70	24.53	1,717.10
17	24.54	417.18
820	24.55	20,131.00
815	24.54	20,000.10
2,513	24.54	61,669.02
209	24.54	5,128.86
696	24.54	17,079.84
3,257	24.53	79,894.21
1,466	24.52	35,946.32
901	24.52	22,092.52
763	24.51	18,701.13
90	24.52	2,206.80
615	24.52	15,079.80
399	24.53	9,787.47
492	24.53	12,068.76
1	24.53	24.53
1,343	24.53	32,943.79
2,293	24.52	56,224.36
1,990	24.52	48,794.80
551	24.50	13,499.50
1,054	24.50	25,823.00
1,087	24.50	26,631.50
1,498	24.49	36,686.02
187	24.48	4,577.76
570	24.48	13,953.60
3	24.49	73.47
758	24.51	18,578.58
1,111	24.50	27,219.50
220	24.50	5,390.00
727	24.50	17,811.50
1,343	24.50	32,903.50
741	24.50	18,154.50
833	24.51	20,416.83
1,414	24.51	34,657.14
97	24.50	2,376.50
967	24.50	23,691.50
50	24.49	1,224.50
700	24.49	17,143.00
1,602	24.50	39,249.00
827	24.50	20,261.50
4,728	24.50	115,836.00
733	24.50	17,958.50
1,017	24.50	24,916.50
143	24.50	3,503.50
2,000	24.50	49,000.00
700	24.50	17,150.00
Total shares traded	Weighted Average price (€)	Total sale value (€)
120,000	24.54	2,944,293.34

FAQ

What shares were disposed of by Shell's Projects & Technology Director?

Harry Brekelmans disposed of 120,000 ordinary shares of Shell plc.

What was the total value of Harry Brekelmans' share disposal?

The total value of the share disposal was approximately €2,944,293.34.

On what date did the share disposal occur?

The share disposal occurred on February 8, 2022.

Where were the shares disposed of?

The shares were disposed of on the Euronext Amsterdam exchange.

What was the average price of the shares sold by the director?

The average price of the shares sold was €24.54 each.