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Shell PLC — Director's Dealing 2022
Feb 9, 2022
5307_ffr_2022-02-09_2b07a2ca-404f-465b-978f-619cfa2eb1e4.zip
Director's Dealing
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6-K 1 f6k_020922.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
February 2022
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 [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
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 9, 2022
Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have been made a conditional award of performance shares of Shell plc under the Long Term Incentive Plan (“LTIP”), subject to performance conditions determined by the Remuneration Committee and Remuneration Committee discretion, as set out below.
| LONG TERM INCENTIVE PLAN — PDMR | DATE OF AWARD | SHARE TYPE | NUMBER OF SHARES AWARDED | | --- | --- | --- | --- | | Ben van Beurden | February 4, 2022 | SHEL (LSE) | 209,131 | | Jessica Uhl | February 4, 2022 | SHEL ADS (NYSE) | 61,242 | | Harry Brekelmans | February 4, 2022 | SHELL (AMS) | 77,000 | | Ronan Cassidy | February 4, 2022 | SHEL (LSE) | 65,800 | | Donny Ching | February 4, 2022 | SHELL (AMS) | 57,400 | | Wael Sawan | February 4, 2022 | SHELL (AMS) | 98,000 | | Huibert Vigeveno | February 4, 2022 | SHELL (AMS) | 77,000 | | Zoe Yujnovich | February 4, 2022 | SHELL (AMS) | 77,000 |
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 €0.07 each | |
| Identification | |
| Code | GB00BP6MXD84 |
| Nature | |
| of the transaction | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | GBP |
| Price | 20.37 |
| Volume | 209,131 |
| Total | 4,259,998.47 |
| Aggregated | |
| information Volume Price Total | 209,131 20.37 4,259,998.47 |
| Date | |
| of transaction | February |
| 4, 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 | American |
| Depository Shares (SHEL) | |
| Identification | |
| Code | US7802593050 |
| Nature | |
| of the transaction | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | USD |
| Price | 55.10 |
| Volume | 61,242 |
| Total | 3,374,434.20 |
| Aggregated | |
| information Volume Price Total | 61,242 55.10 3,374,434.20 |
| Date | |
| of transaction | February |
| 4, 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 €0.07 each | |
| Identification | |
| Code | GB00BP6MXD84 |
| Nature | |
| of the transaction | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | EUR |
| Price | 24.08 |
| Volume | 77,000 |
| Total | 1,854,160.00 |
| Aggregated | |
| information Volume Price Total | 77,000 24.08 1,854,160.00 |
| Date | |
| of transaction | February |
| 4, 2022 | |
| 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 | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | GBP |
| Price | 20.37 |
| Volume | 65,800 |
| Total | 1,340,346.00 |
| Aggregated | |
| information Volume Price Total | 65,800 20.37 1,340,346.00 |
| Date | |
| of transaction | February |
| 4, 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 €0.07 each | |
| Identification | |
| Code | GB00BP6MXD84 |
| Nature | |
| of the transaction | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | EUR |
| Price | 24.08 |
| Volume | 57,400 |
| Total | 1,382,192.00 |
| Aggregated | |
| information Volume Price Total | 57,400 24.08 1,382,192.00 |
| Date | |
| of transaction | February |
| 4, 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 €0.07 each | |
| Identification | |
| Code | GB00BP6MXD84 |
| Nature | |
| of the transaction | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | EUR |
| Price | 24.08 |
| Volume | 98,000 |
| Total | 2,359,840.00 |
| Aggregated | |
| information Volume Price Total | 98,000 24.08 2,359,840.00 |
| Date | |
| of transaction | February |
| 4, 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 €0.07 each | |
| Identification | |
| Code | GB00BP6MXD84 |
| Nature | |
| of the transaction | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | EUR |
| Price | 24.08 |
| Volume | 77,000 |
| Total | 1,854,160.00 |
| Aggregated | |
| information Volume Price Total | 77,000 24.08 1,854,160.00 |
| Date | |
| of transaction | February |
| 4, 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 €0.07 each | |
| Identification | |
| Code | GB00BP6MXD84 |
| Nature | |
| of the transaction | Conditional |
| award of performance shares of Shell plc under the Long Term Incentive Plan (LTIP) | |
| Currency | EUR |
| Price | 24.08 |
| Volume | 77,000 |
| Total | 1,854,160.00 |
| Aggregated | |
| information Volume Price Total | 77,000 24.08 1,854,160.00 |
| Date | |
| of transaction | February |
| 4, 2022 | |
| 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 9, 2022 | /s/ Anthony Clarke |
| Anthony Clarke | |
| Deputy Company Secretary |