Director/PDMR Shareholding
Shell plc announced that on August 2, 2024, Wael Sawan, the company's Chief Executive Officer, has modified his participation in a Dividend Reinvestment Plan (DRIP).
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Rhea-AI Summary
Shell plc announced that on August 2, 2024, Wael Sawan, the company's Chief Executive Officer, has modified his participation in a Dividend Reinvestment Plan (DRIP). Sawan will now receive cash dividends on future dividend payments for his shareholdings in a Computershare Share Plan Account. As of August 2, 2024, Sawan held 266,533.09 ordinary shares of €0.07 each in Shell plc within this account. This change in DRIP participation is considered a transaction by a Person Discharging Managerial Responsibilities (PDMR) under EU and UK market abuse regulations.
Details
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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 REGIMES
August 2, 2024
Shell plc (the “Company”) announces that on August 2, 2024, Wael Sawan, a Person Discharging Managerial Responsibilities (“PDMR”) has varied his participation in a Dividend Reinvestment Plan (“DRIP”) to receive a cash dividend on future dividend payments on his shareholdings in a Computershare Share Plan Account. As at August 2, 2024, Wael Sawan held 266,533.09 ordinary shares of
| 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/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 | Ordinary shares of |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Variation in participation in a DRIP to receive a cash dividend on future dividend payments on shareholdings in a Computershare Share Plan Account. As at August 2, 2024, Wael Sawan held 266,533.09 ordinary shares in his Computershare Share Plan Account. |
| Currency | N/A |
| Price | N/A |
| Volume | N/A |
| Total | N/A |
| Aggregated information Volume Price Total | N/A N/A N/A |
| Date of transaction | August 2, 2024 |
| Place of transaction | Outside trading venue |
Julie Keefe
Deputy Company Secretary
ENQUIRIES
Shell Media Relations
International, UK, European Press: +44 20 7934 5550
LEI number of Shell plc: 21380068P1DRHMJ8KU70
Classification: Additional regulated information required to be disclosed under the laws of a Member State.
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