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 February 2025
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
February 26, 2025
Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares as set out below. 50% of the PDMR’s annual bonus is delivered in cash and 50% is delivered in shares. Shares are subject to a three-year holding period, which continues to apply after PDMRs leave employment.
| PDMR | Date Acquired | Share Type | Number of shares awarded | Purchase price per Share | |||
| Wael Sawan | 26 February 2025 | SHEL (LSE) | 29,479 | GBP 26.295 | |||
| Sinead Gorman | 26 February 2025 | SHEL (LSE) | 19,451 | GBP 26.295 | |||
| Philippa Bounds | 26 February 2025 | SHEL (LSE) | 8,355 | GBP 26.295 | |||
| Robin Mooldijk | 24 February 2025 | SHELL (AMS) | 12,291 | EUR 32.16 | |||
| Rachel Solway | 26 February 2025 | SHEL (LSE) | 8,355 | GBP 26.295 | |||
| Huibert Vigeveno | 26 February 2025 | SHELL (AMS) | 15,590 | EUR 31.86 | |||
| Zoe Yujnovich | 26 February 2025 | SHELL (AMS) | 15,787 | EUR 31.86 | |||
| The Notification of Dealing Form for each PDMR can be found below. | |||||||
| 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 the United Kingdom. | |||||||
| 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 | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 26.295 |
| Volume | 29,479 |
| Total | 775,150.31 |
| Aggregated information | |
| Volume | 29,479 |
| Price | 26.295 |
| Total | 775,150.31 |
| Date of transaction | 26/02/2025 |
| Place of transaction | Outside a trading venue |
| 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 | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 26.295 |
| Volume | 19,451 |
| Total | 511,464.05 |
| Aggregated information | |
| Volume | 19,451 |
| Price | 26.295 |
| Total | 511,464.05 |
| Date of transaction | 26/02/2025 |
| Place of transaction | Outside a trading venue |
| 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 | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 26.295 |
| Volume | 8,355 |
| Total | 219,694.73 |
| Aggregated information | |
| Volume | 8,355 |
| Price | 26.295 |
| Total | 219,694.73 |
| Date of transaction | 26/02/2025 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Robin |
| 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 | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 32.16 |
| Volume | 12,291 |
| Total | 395,278.56 |
| Aggregated information | |
| Volume | 12,291 |
| Price | 32.16 |
| Total | 395,278.56 |
| Date of transaction | 24/02/2025 |
| Place of transaction | Outside a trading venue |
| 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 | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 26.295 |
| Volume | 8,355 |
| Total | 219,694.73 |
| Aggregated information | |
| Volume | 8,355 |
| Price | 26.295 |
| Total | 219,694.73 |
| Date of transaction | 26/02/2025 |
| Place of transaction | Outside a trading venue |
| 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 | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 31.86 |
| Volume | 15,590 |
| Total | 496,697.40 |
| Aggregated information | |
| Volume | 15,590 |
| Price | 31.86 |
| Total | 496,697.40 |
| Date of transaction | 26/02/2025 |
| Place of transaction | Outside a trading venue |
| 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 & 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 | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 31.86 |
| Volume | 15,787 |
| Total | 502,973.82 |
| Aggregated information | |
| Volume | 15,787 |
| Price | 31.86 |
| Total | 502,973.82 |
| Date of transaction | 26/02/2025 |
| Place of transaction | Outside a trading venue |
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: February 26, 2025 | /s/ Julie Keefe | |
| Julie Keefe | ||
| Deputy Company Secretary | ||