Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities at Shell plc
On February 4, 2025, Shell plc made an announcement regarding conditional awards of performance shares to certain Persons Discharging Managerial Responsibilities (PDMRs). These awards were made under the Shell Share Plan 2023 and are subject to performance conditions determined by the Remuneration Committee and their discretion. The following PDMRs were identified in the announcement:
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Wael Sawan
Date Acquired: 31 January 2025
Share Type: SHEL (LSE)
Number of shares awarded: 162,964
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Sinead Gorman
Date Acquired: 31 January 2025
Share Type: SHEL (LSE)
Number of shares awarded: 96,871
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Philippa Bounds
Date Acquired: 31 January 2025
Share Type: SHEL (LSE)
Number of shares awarded: 34,608
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Robin Mooldijk
Date Acquired: 31 January 2025
Share Type: SHELL (AMS)
Number of shares awarded: 43,532
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Rachel Solway
Date Acquired: 31 January 2025
Share Type: SHEL (LSE)
Number of shares awarded: 34,608
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Huibert Vigeveno
Date Acquired: 31 January 2025
Share Type: SHELL (AMS)
Number of shares awarded: 58,457
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Zoe Yujnovich
Date Acquired: 31 January 2025
Share Type: SHELL (AMS)
Number of shares awarded: 56,398
This announcement is made in accordance with the EU Market Abuse Regulation and the UK Market Abuse Regulation. These regulations require public disclosure of transactions by individuals discharging managerial responsibilities and persons closely associated with them.
Impact on Individual Investors
As an individual investor, this announcement may not have a direct impact on your investment in Shell plc. However, it is important to note that insider transactions, such as those disclosed in this announcement, can sometimes indicate market sentiment or provide insights into the company’s performance and future prospects.
Impact on the World
On a larger scale, the disclosure of insider transactions, such as those made by the PDMRs at Shell plc, contributes to transparency and fairness in financial markets. This information is made publicly available to all investors, allowing them to make informed decisions based on the same information as insiders.
Conclusion
In conclusion, Shell plc announced on February 4, 2025, that several PDMRs had been awarded performance shares under the Shell Share Plan 2023. The awards were subject to performance conditions and were made in accordance with the EU and UK Market Abuse Regulations. This announcement provided detailed information about the transactions, including the date acquired, share type, and number of shares awarded for each PDMR. While this information may not have a direct impact on individual investors, it contributes to transparency and fairness in financial markets by providing equal access to insider information.
