UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2024
Commission File Number: 1-32575
Shell plc
(Exact name of registrant as specified
in its charter)
England and Wales
(Jurisdiction of incorporation or organization)
Shell Centre
London, SE1 7NA
United Kingdom
(Address of principal executive
office)
________________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ] Form 40-F [ ]
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
| March 11, 2024 | ||||
| Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares of Shell plc as set out below following the vesting of conditional awards granted in 2021 under the Long Term Incentive Plan (“LTIP”). | ||||
| PDMR | Date Acquired | Share Type | Number of shares vested | |
| Wael Sawan | 07 March 2024 | SHELL (AMS) | 103,848.99 | |
| Sinead Gorman | 07 March 2024 | SHEL (LSE) | 33,699.45 | |
| Philippa Bounds | 07 March 2024 | SHEL (LSE) | 19,096.35 | |
| Robertus Mooldijk | 07 March 2024 | SHELL (AMS) | 44,870.60 | |
| Rachel Solway | 07 March 2024 | SHEL (LSE) | 22,241.64 | |
| Huibert Vigeveno | 07 March 2024 | SHELL (AMS) | 81,595.63 | |
| Zoe Yujnovich | 07 March 2024 | SHELL (AMS) | 44,870.60 | |
|
The Notification of Dealing Form for each PDMR can be found below.
This notification is made in accordance with Article 19 of the EU Market Abuse Regulation. |
||||
| 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. | ||||
| 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/ amendment | 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Vesting of awards granted in 2021 under the Long Term Incentive Plan (LTIP) |
| Currency | |
| Price | NIL |
| Volume | 103,848.99 |
| Total | N/A |
| Aggregated information | |
| Volume | 103,848.99 |
| Price | NIL |
| Total | N/A |
| Date of transaction | 07/03/2024 |
| Place of transaction | Amsterdam |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Sinead |
| Last Name(s) | Gorman |
| 2. Reason for the notification | |
| Position/status | Chief Financial Officer |
| Initial notification/ amendment | 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Vesting of awards granted in 2021 under the Long Term Incentive Plan (LTIP) |
| Currency | |
| Price | NIL |
| Volume | 33,699.45 |
| Total | N/A |
| Aggregated information | |
| Volume | 33,699.45 |
| Price | NIL |
| Total | N/A |
| Date of transaction | 07/03/2024 |
| Place of transaction | London |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Philippa |
| Last Name(s) | Bounds |
| 2. Reason for the notification | |
| Position/status | Legal Director |
| Initial notification/ amendment | 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Vesting of awards granted in 2021 under the Long Term Incentive Plan (LTIP) |
| Currency | |
| Price | NIL |
| Volume | 19,096.35 |
| Total | N/A |
| Aggregated information | |
| Volume | 19,096.35 |
| Price | NIL |
| Total | N/A |
| Date of transaction | 07/03/2024 |
| Place of transaction | London |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Robertus |
| Last Name(s) | Mooldijk |
| 2. Reason for the notification | |
| Position/status | Projects & Technology Director |
| Initial notification/ amendment | 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Vesting of awards granted in 2021 under the Long Term Incentive Plan (LTIP) |
| Currency | |
| Price | NIL |
| Volume | 44,870.60 |
| Total | N/A |
| Aggregated information | |
| Volume | 44,870.60 |
| Price | NIL |
| Total | N/A |
| Date of transaction | 07/03/2024 |
| Place of transaction | Amsterdam |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Rachel |
| Last Name(s) | Solway |
| 2. Reason for the notification | |
| Position/status | Chief Human Resources & Corporate Officer |
| Initial notification/ amendment | 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Vesting of awards granted in 2021 under the Long Term Incentive Plan (LTIP) |
| Currency | |
| Price | NIL |
| Volume | 22,241.64 |
| Total | N/A |
| Aggregated information | |
| Volume | 22,241.64 |
| Price | NIL |
| Total | N/A |
| Date of transaction | 07/03/2024 |
| Place of transaction | London |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Huibert |
| Last Name(s) | Vigeveno |
| 2. Reason for the notification | |
| Position/status | Downstream, Renewables & Energy Solutions Director |
| Initial notification/ amendment | 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Vesting of awards granted in 2021 under the Long Term Incentive Plan (LTIP) |
| Currency | |
| Price | NIL |
| Volume | 81,595.63 |
| Total | N/A |
| Aggregated information | |
| Volume | 81,595.63 |
| Price | NIL |
| Total | N/A |
| Date of transaction | 07/03/2024 |
| Place of transaction | Amsterdam |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Zoe |
| Last Name(s) | Yujnovich |
| 2. Reason for the notification | |
| Position/status | Integrated Gas and Upstream Director |
| Initial notification/ amendment | 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 €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Vesting of awards granted in 2021 under the Long Term Incentive Plan (LTIP) |
| Currency | |
| Price | NIL |
| Volume | 44,870.60 |
| Total | N/A |
| Aggregated information | |
| Volume | 44,870.60 |
| Price | NIL |
| Total | N/A |
| Date of transaction | 07/03/2024 |
| Place of transaction | Amsterdam |
This Report on Form 6-K is incorporated by reference into:
| (a) | the Registration Statement on Form F-3 of Shell plc, Shell Finance US Inc. and Shell International Finance B.V. (Registration Numbers 333-276068, 333-276068-01 and 333-276068-02); and |
| (b) | the Registration Statements on Form S-8 of Shell plc (Registration Numbers 333-262396 and 333-272192). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Shell plc | ||
| (Registrant) | ||
| Date: March 11, 2024 | /s/ Anthony Clarke | |
| Anthony Clarke | ||
| Deputy Company Secretary | ||