Business Context and Reporting Period
This Form 6-K filing by Shell plc, dated August 10, 2023, serves as a notification of transactions by a Person Discharging Managerial Responsibilities (PDMR) in accordance with EU and UK Market Abuse Regimes. The report covers a specific transaction executed on August 9, 2023.
Key Financial Metrics
The filing does not provide corporate financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. It exclusively details a specific securities transaction:
- Instrument: 8,000 certificates of Shell Turbo Long 6,5 BNP Paribas Markets (ISIN: NL0009558519).
- Transaction Type: Disposal.
- Total Value: €178,751.00.
- Average Price: €22.34 per certificate.
- Underlying Exposure: The certificates represent a 1:1 ratio to 8,000 Shell ordinary shares.
Material Changes
The filing does not report material changes to the company's financial position or operations. It discloses a reduction in the holdings of a specific derivative instrument by a Non-executive Director.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a regulatory disclosure of a personal transaction by a director.
Key Facts for Investor Verification
- Person Involved: Bram Schot, Non-executive Director.
- Transaction Date: August 9, 2023.
- Volume: 8,000 certificates (split into two trades: 5,000 and 3,000).
- Market: Euronext.
- Instrument Nature: Cash settlement instruments linked to Shell share price.