Director/PDMR Shareholding - Correction

Rhea-AI Summary

Royal Dutch Shell plc issued a correction regarding a previous announcement on August 2, 2021, about transactions by managerial personnel. The correction clarifies that a reported transaction was a disposal of shares and not a purchase as initially stated. This update pertains to Chief Executive Officer Ben Van Beurden, who executed the share disposal of 5,000 A Ordinary shares at an average price of £14.56, totaling £72,812.65. The date of the transaction was July 30, 2021, and it took place in London.

Positive

• Accurate reporting of share disposal enhances transparency.
• No change in overall managerial ownership after correction.

Negative

• The initial misinformation could lead to investor confusion.
• Potential negative impact on investor trust due to reporting errors.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIME – CORRECTION

August 6, 2021

This is a restatement of the announcement published at 18:33 on August 2, 2021.

Although the earlier announcement advised under point 4 that the transaction was a disposal of shares, the aggregated information in the same section erroneously stated that the trade related to a purchase.

All other details remain unchanged. The full corrected announcement is set out below.

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			Amendment
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 €0.07 each
Identification Code			GB00B03MLX29
Nature of the transaction			Disposal of shares
Currency			GBP
Price (Average)			£14.56
Volume			5,000
Total			£72,812.65
Aggregated information: Trade was undertaken in batches
	Batch 1	Batch 2		Batch 3	Batch 4
Volume	282	383		428	647
Price	£14.52	£14.55		£14.56	£14.59
Total	£4,094.64	£5,572.65		£6,231.68	£9,439.73
	Batch 5	Batch 6		Batch 7	Batch 8
Volume	419	464		696	200
Price	£14.60	£14.62		£14.53	£14.50
Total	£6,117.40	£6,783.68		£10,112.88	£2,900.00
	Batch 9	Batch 10		Batch 11
Volume	198	204		1079
Price	£14.54	£14.51		£14.57
Total	£2,878.92	£2,960.04		£15,721.03

Date of Transaction	July 30, 2021
Place of Transaction	London

Anthony Clarke
Deputy Company Secretary

ENQUIRIES

Shell Media Relations
International, UK, European Press: +44 20 7934 5550

FAQ

What share transaction was announced by Royal Dutch Shell on August 6, 2021?

Royal Dutch Shell corrected a previous announcement, clarifying that a transaction involving the disposal of 5,000 A Ordinary shares was reported inaccurately as a purchase.

Who is the CEO of Royal Dutch Shell involved in the share transaction?

The CEO involved in the transaction is Ben Van Beurden.

What was the average price of the shares disposed of by Royal Dutch Shell on July 30, 2021?

The average price of the shares disposed of was £14.56.

How much did the share transaction on July 30, 2021, total for Royal Dutch Shell?

The total amount for the share transaction was £72,812.65.

Where did the share transaction by Royal Dutch Shell take place?

The share transaction took place in London.