Director/PDMR Shareholding
Shell plc's PDMR, Jane Holl Lute, participates in a Dividend Reinvestment Scheme, purchasing a total of 262 ADS shares worth $15,241.48 over several transactions. Mrs. Lute removed her shareholding from the Scheme to avoid the need for future notifications of small trades.
02/20/2024 - 09:12 AM
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 20, 2024
On February 13, 2024, Shell plc (the “Company”) was informed by Jane Holl Lute, a Person Discharging Managerial Responsibilities (“PDMR”), that following her share purchase on February 11, 2022, her broker allocated her shareholding for a Dividend Reinvestment Scheme (“Scheme”). Shares were subsequently purchased on the payment of each dividend since February 11, 2022, pursuant to the Scheme, without any active involvement by Mrs Lute at the time of those purchases. Mrs Lute recognises the need for vigilance on these matters and to remove the need to notify small trades of this nature going forward, Mrs Lute has removed her shareholding from this Scheme. The transactions provided below outline the shares purchased under this Scheme whilst Mrs Lute was a participant.
1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Jane Last Name(s) Holl 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 transactions Purchase of shares Currency USD Price (Price for each trade provided in breakdown below) Volume Total 262 ADS (see breakdown below) Total $15,241.48 Aggregated information: Trade was undertaken on different dates as part of a Dividend Reinvestment Scheme. Date of Transactions Volume Price Total 29 March 2022 23 ADS $53.07 $1,200.48 28 June 2022 32 ADS $53.14 $1,713.31 21 September 2022 33 ADS $52.98 $1,729.43 20 December 2022 31 ADS $56.19 $1,745.75 28 March 2023 36 ADS $56.24 $2,025.48 27 June 2023 34 ADS $59.93 $2,046.19 19 September 2023 36 ADS $65.44 $2,378.39 21 December 2023 37 ADS $65.57 $2,402.45 Place of Transactions New York
Anthony Clarke 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.
Who informed Shell plc about the share purchases?
Jane Holl Lute, a Person Discharging Managerial Responsibilities (PDMR), informed Shell plc about the share purchases.
What was the total number of ADS shares purchased by Mrs. Lute?
Mrs. Lute purchased a total of 262 ADS shares.
What was the total value of the shares purchased by Mrs. Lute?
The total value of the shares purchased by Mrs. Lute was $15,241.48.
Why did Mrs. Lute remove her shareholding from the Scheme?
Mrs. Lute removed her shareholding from the Scheme to avoid the need for future notifications of small trades.
What is the nature of the transactions conducted by Mrs. Lute?
The nature of the transactions conducted by Mrs. Lute was the purchase of shares.
SHEL Rankings
#937 Ranked by Stock Gains
SHEL Stock Data
Industry
Crude Petroleum and Natural Gas Extraction
Sector
Mining, Quarrying, and Oil and Gas Extraction
Country
Netherlands
City
S Gravenhage
About SHEL
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange and secondary listings on Euronext Amsterdam and the New York Stock Exchange.