Business Context and Reporting Period
This Form 6-K filing by Shell plc, dated June 24, 2022, discloses a transaction by a Person Discharging Managerial Responsibilities (PDMR) in accordance with EU and UK Market Abuse Regulations. The report covers the vesting of a share award on June 20, 2022.
Key Financial Metrics
The filing does not provide corporate financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. It is a regulatory disclosure regarding executive shareholding.
Material Changes
The filing details the vesting of 53 ordinary shares (€0.07 each) for Zoe Yujnovich, an Upstream Director. The shares were granted under the Powering Progress Share Award (PPSA) on June 18, 2021, and vested on June 20, 2022. The transaction price was NIL, and the transaction occurred outside a trading venue.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is strictly a notification of a PDMR transaction.
Key Facts for Investors
- Executive: Zoe Yujnovich (Upstream Director).
- Transaction Type: Vesting of conditional share award (PPSA).
- Volume: 53 shares.
- Cost Basis: NIL (no cash transaction).
- Regulatory Basis: Article 19 of the EU Market Abuse Regulation.