Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc, dated June 26, 2019, serves as a notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs) in accordance with the EU Market Abuse Regulation. The filing covers transactions executed on June 24, 2019, following the payment of the interim dividend for the first quarter of 2019.
Key Financial Metrics
The filing does not provide consolidated financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on specific share transactions by executive management.
| PDMR Name | Position | Share Class | Shares Acquired | Price per Share | Total Value |
|---|---|---|---|---|---|
| Ben van Beurden | CEO | RDSA (EUR) | 712.83 | EUR 29.00 | EUR 20,672.07 |
| Jessica Uhl | CFO | RDSA (EUR) | 311.33 | EUR 29.00 | EUR 9,028.57 |
| John Abbott | Downstream Director | RDSB (GBP) | 3,350.85 | GBP 25.99 | GBP 87,088.59 |
| Harry Brekelmans | Projects & Technology Director | RDSA (EUR) | 2,502.25 | EUR 29.00 | EUR 72,565.25 |
| Andrew Brown | Upstream Director | RDSB (GBP) | 2,544.96 | GBP 25.99 | GBP 66,143.51 |
| Ronan Cassidy | CHRO & Corporate Officer | RDSB (GBP) | 1,658.96 | GBP 25.99 | GBP 43,116.37 |
| Donny Ching | Legal Director | RDSA (EUR) | 1,869.93 | EUR 29.00 | EUR 54,227.97 |
| Maarten Wetselaar | Integrated Gas and New Energies Director | RDSA (EUR) | 281.04 | EUR 29.00 | EUR 8,150.16 |
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 dividend shares by PDMRs, which were reinvested from shares previously delivered under annual bonus or employee share plans held in Share Plan Accounts.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The transactions were executed in compliance with Article 19 of the EU Market Abuse Regulation. The filing references the Annual Report and Form 20-F for the year ended December 31, 2018, for further information on share plans.
Investor Verification Checklist
- Verify the interim dividend payment date of June 24, 2019, for the first quarter of 2019.
- Confirm the share prices used for reinvestment: EUR 29.00 for RDSA shares and GBP 25.99 for RDSB shares.
- Review the Annual Report and Form 20-F for the year ended December 31, 2018, to understand the underlying employee share plans and bonus structures.
- Note that these transactions represent dividend reinvestments rather than open market purchases by executives.