Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc (Shell) covers the month of June 2010. The report serves as a notification of transactions involving Directors and Persons Discharging Managerial Responsibility (PDMRs) and connected persons, released to the London Stock Exchange on June 11, 2010.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a regulatory disclosure regarding specific director share transactions rather than a financial performance report.
Material Changes
The material change disclosed is the delivery of the cash value of a vested award under the Performance Share Plan (PSP) to a specific director. No financial performance changes versus prior periods are detailed in this text.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or general management commentary regarding future operations. It notes that the Performance Share Plan (PSP) awards are conditional based on company performance over a relevant period and include accrued dividends in the form of shares. The disclosed vested amounts are prior to deductions for withholding tax and other deductions.
Important Facts for Investor Verification
- Transaction Date: June 8, 2010.
- Director Involved: Beat Hess.
- Security Class: Royal Dutch Shell Class A ordinary shares (RDSA) listed on Euronext Amsterdam.
- Transaction Volume: 18,447 RDSA shares.
- Transaction Nature: Delivery of cash value for a vested PSP award; no consideration was paid by the director for the delivery.
- Reference: Further details on the PSP are located in the Annual Report and Form 20-F for the year ended December 31, 2009.