Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc covers the month of September 2019, with the report dated September 27, 2019. The filing serves as a notification and public disclosure in accordance with Article 19 of the EU Market Abuse Regulation regarding transactions by Persons Discharging Managerial Responsibilities (PDMRs).
Key Financial Metrics
The filing does not contain consolidated financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the company. The only financial data provided relates to specific share transactions by executives:
- Transaction Type: Acquisition of notional dividend shares under the Long-term Incentive Plan (LTIP) and Deferred Bonus Plan (DBP).
- Trigger Event: Payment of the interim dividend on September 23, 2019, for the second quarter of 2019.
- Share Prices: EUR 26.62 (RDSA), USD 58.50 (RDS.A), and GBP 23.58 (RDSB).
Material Changes
The filing notes a correction to previous Director/PDMR Shareholding disclosures published on March 27, 2019, and June 26, 2019, regarding Jessica Uhl. An error was identified where the share counts were overstated by 22.22 RDS.A shares in both prior reports. This difference has been deducted from the number of notional dividend shares reported in this current disclosure.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is strictly a regulatory disclosure of executive share acquisitions.
Important Facts for Investors
- Executive Acquisitions: Eight PDMRs, including CEO Ben van Beurden and CFO Jessica Uhl, acquired notional dividend shares on September 23, 2019.
- Correction of Record: Jessica Uhl's historical shareholding data from March and June 2019 was corrected downward by 22.22 shares to reflect accurate totals.
- Transaction Venue: All transactions were conducted outside a trading venue.
- No Financial Performance Data: This document does not report on Shell's operational or financial performance for the period.