Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc, dated December 20, 2019, serves as a notification and public disclosure in accordance with the EU Market Abuse Regulation. The report details transactions by Persons Discharging Managerial Responsibilities (PDMRs) following the payment of the interim dividend for the third quarter of 2019 on December 18, 2019.
Key Financial Metrics
The filing does not provide company-wide 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 Type | Volume Acquired | Price per Share | Total Value |
|---|---|---|---|---|---|
| Ben van Beurden | CEO | RDSA (EUR) | 11,337.64 | 26.38 | 299,086.94 |
| Jessica Uhl | CFO | RDS.A (USD) | 2,742.99 | 58.52 | 160,519.77 |
| John Abbott | Downstream Director | RDSB (GBP) | 3,152.73 | 22.49 | 70,904.90 |
| Harry Brekelmans | Projects & Technology Director | RDSA (EUR) | 3,158.28 | 26.38 | 83,315.43 |
| Ronan Cassidy | CHRO & Corporate Officer | RDSB (GBP) | 2,628.54 | 22.49 | 59,115.86 |
| Donny Ching | Legal Director | RDSA (EUR) | 2,385.27 | 26.38 | 62,923.42 |
| Wael Sawan | Upstream Director | RDSA (EUR) | 2,426.30 | 26.38 | 64,005.79 |
| Maarten Wetselaar | Integrated Gas and New Energies Director | RDSA (EUR) | 3,179.21 | 26.38 | 83,867.56 |
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 under the Long-term Incentive Plan (LTIP) and Deferred Bonus Plan (DBP) by eight executives on December 18, 2019.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The transactions were conducted outside a trading venue as part of standard executive compensation plans.
Key Facts for Investor Verification
- Transaction Nature: All reported transactions are acquisitions of notional dividend shares, not open market purchases.
- Timing: Transactions occurred on December 18, 2019, immediately following the Q3 2019 interim dividend payment.
- Regulatory Basis: Disclosures are made pursuant to Article 19 of the EU Market Abuse Regulation.
- Share Classes: Executives acquired shares in three different classes/currencies: RDSA (EUR), RDS.A (USD), and RDSB (GBP).
- Source of Details: Full details of the LTIP and DBP are referenced in the Annual Report and Form 20-F ended December 31, 2018.