| 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 27, 2024 | |||||||
| Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares as set out below. 50% of the PDMR’s annual bonus is delivered in cash and 50% is delivered in shares. Shares are subject to a three-year holding period, which continues to apply after PDMRs leave employment. | |||||||
| PDMR | Date Acquired | Share Type | Number of shares awarded | Purchase price per Share | |||
| Wael Sawan | 26 February 2024 | SHEL (LSE) | 28,796 | GBP 24.94 | |||
| Sinead Gorman | 26 February 2024 | SHEL (LSE) | 18,276 | GBP 24.94 | |||
| Philippa Bounds | 26 February 2024 | SHEL (LSE) | 4,134 | GBP 24.94 | |||
| Robertus Mooldijk | 23 February 2024 | SHELL (AMS) | 4,836 | EUR 29.63 | |||
| Huibert Vigeveno | 26 February 2024 | SHELL (AMS) | 12,455 | EUR 29.54 | |||
| Zoe Yujnovich | 26 February 2024 | SHELL (AMS) | 16,414 | EUR 29.54 | |||
| 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) | 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 | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 24.94 |
| Volume | 28,796 |
| Total | 718,172.24 |
| Aggregated information | |
| Volume | 28,796 |
| Price | 24.94 |
| Total | 718,172.24 |
| Date of transaction | 26/02/2024 |
| Place of transaction | Outside a trading venue |
| 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 | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 24.94 |
| Volume | 18,276 |
| Total | 455,803.44 |
| Aggregated information | |
| Volume | 18,276 |
| Price | 24.94 |
| Total | 455,803.44 |
| Date of transaction | 26/02/2024 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Philippa |
| Last Name(s) | Bounds |
| 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 | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 24.94 |
| Volume | 4,134 |
| Total | 103,101.96 |
| Aggregated information | |
| Volume | 4,134 |
| Price | 24.94 |
| Total | 103,101.96 |
| Date of transaction | 26/02/2024 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Robertus |
| Last Name(s) | Mooldijk |
| 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 | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 29.63 |
| Volume | 4,836 |
| Total | 143,290.68 |
| Aggregated information | |
| Volume | 4,836 |
| Price | 29.63 |
| Total | 143,290.68 |
| Date of transaction | 23/02/2024 |
| 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, Renewables & 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 29.54 |
| Volume | 12,455 |
| Total | 367,920.70 |
| Aggregated information | |
| Volume | 12,455 |
| Price | 29.54 |
| Total | 367,920.70 |
| Date of transaction | 26/02/2024 |
| 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 | Integrated Gas & 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 | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 29.54 |
| Volume | 16,414 |
| Total | 484,869.56 |
| Aggregated information | |
| Volume | 16,414 |
| Price | 29.54 |
| Total | 484,869.56 |
| Date of transaction | 26/02/2024 |
| Place of transaction | Outside a trading venue |
