Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc (Shell) was submitted on December 17, 2020. The report serves as a notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs) in accordance with the EU Market Abuse Regulation. The transactions relate to the acquisition of notional dividend shares under the Long-term Incentive Plan (LTIP) following the payment of the interim dividend for the third quarter of 2020 on December 16, 2020.
Key Financial Metrics
The filing does not provide consolidated financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on specific share transactions by executive management.
| PDMR Name | Position | Share Type | Volume Acquired | Price per Share | Currency | Total Value |
|---|---|---|---|---|---|---|
| Ben van Beurden | Chief Executive Officer | RDSA | 5,836.44 | 15.60 | EUR | 91,048.46 |
| Jessica Uhl | Chief Financial Officer | RDS.A | 1,566.83 | 37.83 | USD | 59,273.18 |
| Harry Brekelmans | Projects & Technology Director | RDSA | 1,647.35 | 15.60 | EUR | 25,698.66 |
| Ronan Cassidy | Chief Human Resources & Corporate Officer | RDSB | 1,455.88 | 13.58 | GBP | 19,770.85 |
| Donny Ching | Legal Director | RDSA | 1,228.03 | 15.60 | EUR | 19,157.27 |
| Wael Sawan | Upstream Director | RDSA | 1,623.67 | 15.60 | EUR | 25,329.25 |
| Huibert Vigeveno | Downstream Director | RDSA | 979.03 | 15.60 | EUR | 15,272.87 |
| Maarten Wetselaar | Integrated Gas and New Energies Director | RDSA | 1,647.35 | 15.60 | EUR | 25,698.66 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It solely documents the routine acquisition of notional dividend shares by eight PDMRs on December 16, 2020, outside of a trading venue.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It is a regulatory disclosure of shareholding changes required under Article 19 of the EU Market Abuse Regulation.
Key Facts for Investor Verification
- Transaction Nature: All reported transactions are acquisitions of notional dividend shares under the LTIP, not open market purchases.
- Timing: Transactions occurred on December 16, 2020, immediately following the Q3 2020 interim dividend payment.
- Valuation: Share prices varied by currency and share class (EUR 15.60 for RDSA, USD 37.83 for RDS.A, GBP 13.58 for RDSB).
- Regulatory Context: The filing is incorporated by reference into various Registration Statements (Forms F-3 and S-8).
- Missing Data: This document does not contain Q3 2020 financial results; investors should refer to the Q3 2020 earnings release or the Annual Report for financial performance data.