Director/PDMR Shareholding
On February 25, 2022, Shell plc announced share transactions related to its Persons Discharging Managerial Responsibilities (PDMRs). A total of 8 PDMRs received shares as part of their annual bonuses, with 50% paid in cash and 50% in shares, subject to a three-year holding period. Notable transactions include Ben van Beurden receiving 29,597 shares at €23.34 and Jessica Uhl receiving 18,499 shares at the same price. The details of these transactions are in compliance with the EU Market Abuse Regulation, indicating transparency in executive compensation.
- Successful compliance with EU Market Abuse Regulation regarding executive share transactions.
- Transparent disclosure of executive compensation and share awards.
- Retention of shares subject to a three-year holding period, aligning interests with shareholders.
- 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
February 25, 2022
Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares as set out below.
The Directors’ Remuneration Policy can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2020 (www.shell.com/annualreport).
PDMR | DATE OF AWARD | SHARE TYPE | NUMBER OF SHARES AWARDED |
Ben van Beurden | February 22, 2022 | SHELL (AMS) | 29,597 |
Ben van Beurden | February 25, 2022 | SHEL (LSE) | 80 |
Jessica Uhl | February 22, 2022 | SHELL (AMS) | 18,499 |
Jessica Uhl | February 25, 2022 | SHEL (LSE) | 52 |
Harry Brekelmans | February 22, 2022 | SHELL (AMS) | 14,051 |
Ronan Cassidy | February 22, 2022 | SHEL (LSE) | 14,326 |
Donny Ching | February 22, 2022 | SHELL (AMS) | 10,980 |
Wael Sawan | February 22, 2022 | SHELL (AMS) | 18,293 |
Huibert Vigeveno | February 25, 2022 | SHELL (AMS) | 15,467 |
Zoe Yujnovich | February 22, 2022 | SHELL (AMS) | 10,094 |
The Notification of Dealing Form for each PDMR can be found below.
This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Anthony Clarke
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.
1. Details of the person discharging managerial responsibilities/person closely associated | |
First Name(s) | Ben |
Last Name(s) | van Beurden |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | EUR |
Price | 23.34 |
Volume | 29,597 |
Total | 690,793.98 |
Aggregated information Volume Price Total | 29,597 23.34 690,793.98 |
Date of transaction | February 22, 2022 |
Place of transaction | Outside a trading venue |
1. Details of the person discharging managerial responsibilities/person closely associated | |
First Name(s) | Ben |
Last Name(s) | van Beurden |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | GBP |
Price | 19.53 |
Volume | 80 |
Total | 1,562.40 |
Aggregated information Volume Price Total | 80 19.53 1,562.40 |
Date of transaction | February 25, 2022 |
Place of transaction | Outside a trading venue |
1. Details of the person discharging managerial responsibilities/person closely associated | |
First Name(s) | Jessica |
Last Name(s) | Uhl |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | EUR |
Price | 23.34 |
Volume | 18,499 |
Total | 431,766.66 |
Aggregated information Volume Price Total | 18,499 23.34 431,766.66 |
Date of transaction | February 22, 2022 |
Place of transaction | Outside a trading venue |
1. Details of the person discharging managerial responsibilities/person closely associated | |
First Name(s) | Jessica |
Last Name(s) | Uhl |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | GBP |
Price | 19.53 |
Volume | 52 |
Total | 1,015.56 |
Aggregated information Volume Price Total | 52 19.53 1,015.56 |
Date of transaction | February 25, 2022 |
Place of transaction | Outside a trading venue |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | EUR |
Price | 23.34 |
Volume | 14,051 |
Total | 327,950.34 |
Aggregated information Volume Price Total | 14,051 23.34 327,950.34 |
Date of transaction | February 22, 2022 |
Place of transaction | Outside a trading value |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | GBP |
Price | 19.44 |
Volume | 14,326 |
Total | 278,497.44 |
Aggregated information Volume Price Total | 14,326 19.44 278,497.44 |
Date of transaction | February 22, 2022 |
Place of transaction | Outside a trading venue |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | EUR |
Price | 23.34 |
Volume | 10,980 |
Total | 256,273.20 |
Aggregated information Volume Price Total | 10,980 23.34 256,273.20 |
Date of transaction | February 22, 2022 |
Place of transaction | Outside a trading venue |
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 | Integrated Gas, Renewables and Energy Solutions 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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | EUR |
Price | 23.34 |
Volume | 18,293 |
Total | 426,958.62 |
Aggregated information Volume Price Total | 18,293 23.34 426,958.62 |
Date of transaction | February 22, 2022 |
Place of transaction | Outside a trading venue |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | EUR |
Price | 23.40 |
Volume | 15,467 |
Total | 361,927.80 |
Aggregated information Volume Price Total | 15,467 23.40 361,927.80 |
Date of transaction | February 25, 2022 |
Place of transaction | Outside a trading venue |
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 |
Identification Code | GB00BP6MXD84 |
Nature of the transaction | Delivery of |
Currency | EUR |
Price | 23.34 |
Volume | 10,094 |
Total | 235,593.96 |
Aggregated information Volume Price Total | 10,094 23.34 235,593.96 |
Date of transaction | February 22, 2022 |
Place of transaction | Outside a trading venue |
FAQ
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