Director/PDMR shareholding

Rhea-AI Summary

On September 23, 2021, Royal Dutch Shell announced that several Persons Discharging Managerial Responsibilities (PDMRs) acquired notional dividend shares under the Long-term Incentive Plan (LTIP) after the interim dividend payment on September 20, 2021. The PDMRs included CEO Ben van Beurden, CFO Jessica Uhl, and other key executives, acquiring shares at prices ranging from €16.90 to £14.31. Notably, van Beurden acquired 8,087.47 notional shares valued at €136,678.24. This indicates ongoing commitment from Shell's leadership towards aligning interests with shareholders amidst the dynamic market environment.

Positive

• PDMRs' acquisitions suggest confidence in the company's performance.
• Significant investments by executives indicate alignment with shareholder interests.
• The LTIP serves as a retention strategy for key management.

Negative

• 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

September 23, 2021

Royal Dutch Shell plc (the "Company") has been notified that following the payment of the interim dividend on September 20, 2021 in respect of the second quarter of 2021, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired notional dividend shares under the Long-term Incentive Plan ("LTIP"), as set out below. Details of the LTIP can be found in the Royal Dutch Shell plc Annual Report and Form 20-F ended December 31, 2020 (www.shell.com/annualreport).

PDMR	Date Acquired	Share Type	Number of notional dividend shares acquired	Price per Share
Ben van Beurden	20 September 2021	RDSA	8,087.47	EUR 16.90
Jessica Uhl	20 September 2021	RDS.A	2,336.05	USD 39.49
Harry Brekelmans	20 September 2021	RDSA	2,402.84	EUR 16.90
Ronan Cassidy	20 September 2021	RDSB	2,085.56	GBP 14.31
Donny Ching	20 September 2021	RDSA	1,791.21	EUR 16.90
Wael Sawan	20 September 2021	RDSA	2,740.82	EUR 16.90
Huibert Vigeveno	20 September 2021	RDSA	1,954.42	EUR 16.90
Maarten Wetselaar	20 September 2021	RDSA	2,402.84	EUR 16.90

The Notification of Dealing Form for each PDMR can be found below.

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)	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	Royal Dutch 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	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	16.90
Volume	8,087.47
Total	136,678.24
Aggregated information Volume Price Total	8,087.47 16.90 136,678.24
Date of transaction	20/09/2021
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	Royal Dutch 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	A American Depository Shares (RDS.A)
Identification Code	US7802592060
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	USD
Price	39.49
Volume	2,336.05
Total	92,250.61
Aggregated information Volume Price Total	2,336.05 39.49 92,250.61
Date of transaction	20/09/2021
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	Royal Dutch 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	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	16.90
Volume	2,402.84
Total	40,608.00
Aggregated information Volume Price Total	2,402.84 16.90 40,608.00
Date of transaction	20/09/2021
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	Royal Dutch 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	B ordinary shares of €0.07 each
Identification Code	GB00B03MM408
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	GBP
Price	14.31
Volume	2,085.56
Total	29,844.36
Aggregated information Volume Price Total	2,085.56 14.31 29,844.36
Date of transaction	20/09/2021
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	Royal Dutch 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	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	16.90
Volume	1,791.21
Total	30,271.45
Aggregated information Volume Price Total	1,791.21 16.90 30,271.45
Date of transaction	20/09/2021
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	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	Royal Dutch 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	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	16.90
Volume	2,740.82
Total	46,319.86
Aggregated information Volume Price Total	2,740.82 16.90 46,319.86
Date of transaction	20/09/2021
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	Royal Dutch 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	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	16.90
Volume	1,954.42
Total	33,029.70
Aggregated information Volume Price Total	1,954.42 16.90 33,029.70
Date of transaction	20/09/2021
Place of transaction	Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s)	Maarten
Last Name(s)	Wetselaar
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	Royal Dutch 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	A ordinary shares of €0.07 each
Identification Code	GB00B03MLX29
Nature of the transaction	Acquisition of notional dividend shares under the LTIP
Currency	EUR
Price	16.90
Volume	2,402.84
Total	40,608.00
Aggregated information Volume Price Total	2,402.84 16.90 40,608.00
Date of transaction	20/09/2021
Place of transaction	Outside a trading venue

FAQ

What transactions did Royal Dutch Shell's executives make on September 20, 2021?

Executives acquired notional dividend shares under the LTIP, including significant amounts by Ben van Beurden and Jessica Uhl.

How many shares did Ben van Beurden acquire?

Ben van Beurden acquired 8,087.47 notional shares at a price of €16.90 each.

What is the significance of the interim dividend payment on September 20, 2021?

The interim dividend payment led to the acquisition of notional dividend shares by key executives, indicating their confidence in the company's future.

What are the prices of shares acquired by Shell's PDMRs?

Prices varied from €16.90 to £14.31 for shares acquired by different PDMRs.

What does LTIP stand for in the context of Royal Dutch Shell?

LTIP stands for Long-term Incentive Plan, which is designed to align executive compensation with shareholder interests.