Shell PLC — Director's Dealing 2023

Feb 27, 2023

6-K 1 f6k_022723.htm FORM 6-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2023

Commission File Number: 1-32575

Shell plc (Exact name of registrant as specified in its charter)

England and Wales (Jurisdiction of incorporation or organization)

Shell Centre London, SE1 7NA United Kingdom (Address of principal executive office)

________________________________

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [ X ] Form 40-F [ ]

Director/PDMR Shareholding

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, 2023

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.

The Directors’ Remuneration Policy can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2021 ( www.shell.com/annualreport )

| PDMR | Date Acquired | Share Type | Number of shares awarded | Purchase price per Share | | --- | --- | --- | --- | --- | | Wael Sawan | February 24, 2023 | SHEL (LSE) | 7,213 | GBP 24.82 | | Wael Sawan | February 24, 2023 | SHELL (AMS) | 2,602 | EUR 28.23 | | Sinead Gorman | February 24, 2023 | SHEL (LSE) | 12,426 | GBP 24.82 | | Harry Brekelmans | February 22, 2023 | SHELL (AMS) | 11,804 | EUR 28.27 | | Ronan Cassidy | February 24, 2023 | SHEL (LSE) | 9,738 | GBP 24.82 | | Donny Ching | February 24, 2023 | SHELL (AMS) | 10,377 | EUR 28.23 | | Ed Daniels | February 24, 2023 | SHEL (LSE) | 8,200 | GBP 24.82 | | Huibert Vigeveno | February 24, 2023 | SHELL (AMS) | 14,341 | EUR 28.23 | | Zoe Yujnovich | February 24, 2023 | SHELL (AMS) | 24,062 | EUR 28.23 |

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 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	Delivery
of 50% of bonus in shares
Currency	GBP
Price	24.82
Volume	7,213
Total	179,026.66
Aggregated information Volume Price Total	7,213 24.82 179,026.66
Date
of transaction	February
24, 2023
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	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	EUR
Price	28.23
Volume	2,602
Total	73,454.46
Aggregated information Volume Price Total	2,602 28.23 73,454.46
Date
of transaction	February
24, 2023
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	24.82
Volume	12,426
Total	308,413.32
Aggregated information Volume Price Total	12,426 24.82 308,413.32
Date
of transaction	February
24, 2023
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 €0.07 each
Identification
Code	GB00BP6MXD84
Nature
of the transaction	Delivery
of 50% of bonus in shares
Currency	EUR
Price	28.27
Volume	11,804
Total	333,699.08
Aggregated information Volume Price Total	11,804 28.27 333,699.08
Date
of transaction	February
22, 2023
Place
of transaction	Outside
a trading venue

| 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	Delivery
of 50% of bonus in shares
Currency	GBP
Price	24.82
Volume	9,738
Total	241,697.16
Aggregated information Volume Price Total	9,738 24.82 241,697.16
Date
of transaction	February
24, 2023
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 €0.07 each
Identification
Code	GB00BP6MXD84
Nature
of the transaction	Delivery
of 50% of bonus in shares
Currency	EUR
Price	28.23
Volume	10,377
Total	292,942.71
Aggregated information Volume Price Total	10,377 28.23 292,942.71
Date
of transaction	February
24, 2023
Place
of transaction	Outside
a trading venue

| 1.

Details of the person discharging managerial responsibilities/person closely associated
First
Name(s)	Ed
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	Delivery
of 50% of bonus in shares
Currency	GBP
Price	24.82
Volume	8,200
Total	203,524.00
Aggregated information Volume Price Total	8,200 24.82 203,524.00
Date
of transaction	February
24, 2023
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 €0.07 each
Identification
Code	GB00BP6MXD84
Nature
of the transaction	Delivery
of 50% of bonus in shares
Currency	EUR
Price	28.23
Volume	14,341
Total	404,846.43
Aggregated information Volume Price Total	14,341 28.23 404,846.43
Date
of transaction	February
24, 2023
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 €0.07 each
Identification
Code	GB00BP6MXD84
Nature
of the transaction	Delivery
of 50% of bonus in shares
Currency	EUR
Price	28.23
Volume	24,062
Total	679,270.26
Aggregated information Volume Price Total	24,062 28.23 679,270.26
Date
of transaction	February
24, 2023
Place
of transaction	Outside
a trading venue

This Report on Form 6-K is incorporated by reference into:

(a) the Registration Statement on Form F-3 of Shell plc and Shell International Finance B.V. (Registration Numbers 333-254137 and 333-254137-01); and

(b) the Registration Statement on Form S-8 of Shell plc (Registration Number 333-262396).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Shell plc
	(Registrant)
Date: February 27, 2023	/s/ Anthony Clarke
	Anthony Clarke
	Deputy Company Secretary