Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc (Shell) is dated June 29, 2017. The report serves as a notification and public disclosure in accordance with Article 19 of the EU Market Abuse Regulation. It details transactions by Persons Discharging Managerial Responsibilities (PDMRs) following the payment of the interim dividend for the first quarter of 2017 on June 26, 2017.
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 acquisition transactions by executive management.
| PDMR Name | Position | Share Class | Shares Acquired | Price per Share | Total Value |
|---|---|---|---|---|---|
| Ben van Beurden | CEO | RDSA (EUR) | 15,868.82 | EUR 23.52 | EUR 373,234.65 |
| Jessica Uhl | CFO | RDS.A (USD) | 1,534.89 | USD 52.46 | USD 80,520.33 |
| John Abbott | Downstream Director | RDSB (GBP) | 4,373.27 | GBP 21.03 | GBP 91,969.87 |
| Harry Brekelmans | Projects & Technology Director | RDSA (EUR) | 4,118.03 | EUR 23.52 | EUR 96,856.07 |
| Andrew Brown | Upstream Director | RDSB (GBP) | 4,255.39 | GBP 21.03 | GBP 89,490.85 |
| Ronan Cassidy | CHRO & Corporate Officer | RDSB (GBP) | 2,185.98 | GBP 21.03 | GBP 45,971.16 |
| Donny Ching | Legal Director | RDSA (EUR) | 3,095.66 | EUR 23.52 | EUR 72,809.92 |
| Maarten Wetselaar | Integrated Gas & New Energies Director | RDSA (EUR) | 2,740.68 | EUR 23.52 | EUR 64,460.79 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It strictly documents the acquisition of notional dividend shares by PDMRs under the Long-term Incentive Plan (LTIP) and Deferred Bonus Plan (DBP).
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The transactions were executed outside a trading venue as part of standard executive compensation plans.
Investor Verification Checklist
- Verify the interim dividend payment date of June 26, 2017, referenced as the trigger for these acquisitions.
- Confirm the specific share classes (RDSA, RDS.A, RDSB) and currencies (EUR, USD, GBP) associated with each executive's compensation plan.
- Review the Annual Report and Form 20-F ended December 31, 2015, for detailed terms of the LTIP and DBP mentioned in the filing.
- Note that these are "notional dividend shares," which may differ from direct cash dividends or open-market share purchases.