AI assistant
Shell PLC — Director's Dealing 2023
Mar 7, 2023
5307_ffr_2023-03-07_4263c587-f916-41ee-820a-57a988ff490e.zip
Director's Dealing
Open in viewerOpens in your device viewer
6-K 1 f6k_030723.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 March 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 March 7, 2023 Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares of Shell plc as set out below following the vesting of conditional awards granted in 2020 under the Long Term Incentive Plan (“LTIP”). Details of the LTIP 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 Vested | | --- | --- | --- | --- | | Wael Sawan | March 03, 2023 | SHELL (AMS) | 65,882.57345 | | Sinead Gorman | March 03, 2023 | SHEL (LSE) | 21,213.42019 | | Harry Brekelmans | March 03, 2023 | SHELL (AMS) | 51,764.87911 | | Ronan Cassidy | March 03, 2023 | SHEL (LSE) | 44,312.47779 | | Donny Ching | March 03, 2023 | SHELL (AMS) | 38,588.36442 | | Ed Daniels | March 03, 2023 | SHEL (LSE) | 21,213.42019 | | Huibert Vigeveno | March 03, 2023 | SHELL (AMS) | 51,764.87911 | | Zoe Yujnovich | March 03, 2023 | SHELL (AMS) | 28,235.38859 |
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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 65,882.57345 |
| Total | N/A |
| Aggregated information Volume Price Total | 65,882.57345 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 21,213.42019 |
| Total | N/A |
| Aggregated | |
| information Volume Price Total | 21,213.42019 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 51,764.87911 |
| Total | N/A |
| Aggregated | |
| information Volume Price Total | 51,764.87911 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 44,312.47779 |
| Total | N/A |
| Aggregated | |
| information Volume Price Total | 44,312.47779 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 38,588.36442 |
| Total | N/A |
| Aggregated | |
| information Volume Price Total | 38,588.36442 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 21,213.42019 |
| Total | N/A |
| Aggregated information Volume Price Total | 21,213.42019 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 51,764.87911 |
| Total | N/A |
| Aggregated | |
| information Volume Price Total | 51,764.87911 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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 | Vesting |
| of awards granted in 2020 under the Long Term Incentive Plan (LTIP) | |
| Currency | |
| Price | NIL |
| Volume | 28,235.38859 |
| Total | N/A |
| Aggregated information Volume Price Total | 28,235.38859 NIL N/A |
| Date | |
| of transaction | March |
| 03, 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: March 7, 2023 | /s/ Anthony Clarke |
| Anthony Clarke | |
| Deputy Company Secretary |