Director/PDMR Shareholding
Royal Dutch Shell plc has reported a series of share disposals by its CEO, Ben Van Beurden, on July 30, 2021. The transactions involved the sale of A Ordinary shares at an average price of £14.56 for a total value of £72,812.65. The shares were sold in multiple batches, with the total volume amounting to 5,000 shares. This announcement fulfills EU and UK market abuse regime requirements regarding notifications for transactions by persons in managerial positions.
- CEO Ben Van Beurden's share disposal signals transparency in transactions.
- The transaction is compliant with EU and UK market regulations.
- Share disposals may raise concerns regarding management confidence in the company.
- The total of 5,000 shares sold may indicate a potential lack of long-term commitment.
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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIME
August 2, 2021
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/amendments | 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 with a nominal value of | ||||
Identification Code | GB00B03MLX29 | ||||
Nature of the transaction | Disposal of shares | ||||
Currency | GBP | ||||
Price (Average) | |||||
Volume | 5,000 | ||||
Total | |||||
Aggregated information Shares were PURCHASED in batches | |||||
Batch 1 | Batch 2 | Batch 3 | Batch 4 | ||
Volume | 282 | 383 | 428 | 647 | |
Price | |||||
Total | |||||
Batch 5 | Batch 6 | Batch 7 | Batch 8 | ||
Volume | 419 | 464 | 696 | ||
Price | |||||
Total | |||||
Batch 9 | Batch 10 | Batch 11 | |||
Volume | 198 | 204 | 1079 | ||
Price | |||||
Total | |||||
Date of Transaction | July 30, 2021 |
Place of Transaction | London |
Anthony Clarke
Deputy Company Secretary
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