Director/PDMR shareholding
Shell plc announced a notification of share purchase by Jane Lute, a non-executive director, as part of compliance with the EU and UK market abuse regulations.
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Rhea-AI Summary
Shell plc announced a notification of share purchase by Jane Lute, a non-executive director, as part of compliance with the EU and UK market abuse regulations. The transaction, reported on February 16, 2022, involved the purchase of 903 American Depository Shares (SHEL) at an average price of $55.32, totaling $49,954.21. This marks an initial notification of the insider transaction conducted on February 11, 2022, in New York.
Positive
- Insider purchase of 903 ADS indicates confidence in Shell's future.
- Total transaction value of $49,954.21 reflects significant investment by a director.
Negative
- None.
Details
News Market Reaction – SHEL
The recorded move for SHEL in the trading session of this news was +1.07%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIME
February 16, 2022
| 1. Details of the person discharging managerial responsibilities/person closely associated | ||
| First Name(s) | Jane | |
| Last Name(s) | Lute | |
| 2. Reason for the notification | ||
| Position/status | Non-executive Director | |
| 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 | 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) (1 ADS is equal to 2 ordinary shares) | |
| Identification Code | GB00BP6MXD84 | |
| Nature of the transaction | Purchase of shares | |
| Currency | USD | |
| Price (Average) | ||
| Volume | 903 ADS | |
| Total | ||
| Aggregated information: | ||
| Volume | 903 ADS | |
| Price | ||
| Total | ||
| Date of Transaction | Friday, February 11, 2022 |
| Place of Transaction | New York |
Anthony Clarke
Deputy Company Secretary
ENQUIRIES
Shell Media Relations
International, UK, European Press: +44 20 7934 5550
FAQ
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