Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc (Shell) covers the month of March 2021, with a specific reporting date of March 11, 2021. The document serves as a notification and public disclosure of transactions by a Person Discharging Managerial Responsibilities (PDMR) in accordance with EU and UK Market Abuse Regimes.
Key Financial Metrics
The filing does not contain corporate financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. It exclusively details personal investment transactions by a director.
| Transaction Type | Instrument | Volume | Price (EUR) | Total Value (EUR) |
|---|---|---|---|---|
| Purchase | Royal Dutch Shell A Turbo Long 8,2 BNP Paribas Markets | 2,500 | 7.69 | 19,225 |
| Purchase | Leonteq Express Euro Denominated Certificates (ING, Shell, Unilever) | 50 | 715 | 35,750 |
Material Changes
No material changes to the company's operations or financial position are reported. The filing documents the acquisition of derivative financial instruments linked to Shell's share price by Bram Schot, a Non-executive Director, on February 12, 2021.
Guidance, Outlook, and Risks
The filing contains no corporate guidance, outlook, or management commentary regarding Shell's business strategy. It does, however, outline specific risks associated with the purchased instruments:
- Turbo Long Risk: The "Turbo Long" certificates have a stop-loss level of 8.2 and a finance level of 7.57. If the underlying share price drops below the stop-loss level, the instrument is terminated. If the price drops to the finance level or below, the total investment is lost.
- Leverage: As of March 10, 2021, the leverage on the Turbo Long certificates was 1.69, which fluctuates with the share price.
- Finance Costs: Annual finance costs for the Turbo Long certificates are 1.44%.
Key Facts for Investor Verification
- Transaction Date: February 12, 2021.
- Individual Involved: Bram Schot, Non-executive Director.
- Total Investment: EUR 54,975 (sum of both transactions).
- Instrument Nature: Both purchases are cash settlement instruments linked to Shell's A ordinary shares (RDSA), not direct share purchases.
- Trading Venue: The Turbo Long certificates were purchased on Euronext Amsterdam; the Leonteq certificates were purchased outside of a trading venue.