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2026-02-27 16:43:21
| NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES | ||||
| February 27, 2026 | ||||
| Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares as set out below. A percentage of the PDMR’s annual bonus is delivered in cash and a percentage is delivered in shares. Shares are subject to a three-year holding period, which continues to apply after PDMRs leave employment. | ||||
| PDMR | Date Acquired | Share Type | Number of shares acquired | Purchase price per Share |
| Wael Sawan | 26 February 2026 | SHEL (LSE) | 23,980 | GBP 30.11 |
| Sinead Gorman | 26 February 2026 | SHEL (LSE) | 15,841 | GBP 30.11 |
| Philippa Bounds | 26 February 2026 | SHEL (LSE) | 6,892 | GBP 30.11 |
| Peter Costello | 26 February 2026 | SHEL (LSE) | 3,060 | GBP 30.11 |
| Andrew Smith | 26 February 2026 | SHELL (AMS) | 6,853 | EUR 34.57 |
| Rachel Solway | 26 February 2026 | SHEL (LSE) | 6,892 | GBP 30.11 |
| Cederic Cremers | 25 February 2026 | SHELL (AMS) | 5,321 | EUR 34.18 |
| Machteld de Haan | 25 February 2026 | SHELL (AMS) | 4,979 | EUR 34.18 |
| Robin Mooldijk | 25 February 2026 | SHELL (AMS) | 3,648 | EUR 34.18 |
| The Notification of Dealing Form for each PDMR can be found below. | ||||
| Julie Keefe | ||||
| Deputy Company Secretary | ||||
| ENQUIRIES | ||||
| Shell Media Relations | ||||
| International, UK, European Press: +44 20 7934 5550 | ||||
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Wael |
| Last Name(s) | Sawan |
| 2. Reason for the notification | |
| Position/status | Chief Executive Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 30.11 |
| Volume | 23,980.00 |
| Total | 722,037.80 |
| Aggregated information | |
| Volume | 23,980.00 |
| Price | 30.11 |
| Total | 722,037.80 |
| Date of transaction | 26/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Sinead |
| Last Name(s) | Gorman |
| 2. Reason for the notification | |
| Position/status | Chief Financial Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 30.11 |
| Volume | 15,841.00 |
| Total | 476,972.51 |
| Aggregated information | |
| Volume | 15,841.00 |
| Price | 30.11 |
| Total | 476,972.51 |
| Date of transaction | 26/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Philippa |
| Last Name(s) | Bounds |
| 2. Reason for the notification | |
| Position/status | Chief Legal Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 30.11 |
| Volume | 6,892.00 |
| Total | 207,518.12 |
| Aggregated information | |
| Volume | 6,892.00 |
| Price | 30.11 |
| Total | 207,518.12 |
| Date of transaction | 26/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Peter |
| Last Name(s) | Costello |
| 2. Reason for the notification | |
| Position/status | President, Upstream |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 25% of bonus in shares |
| Currency | GBP |
| Price | 30.11 |
| Volume | 3,060.00 |
| Total | 92,136.60 |
| Aggregated information | |
| Volume | 3,060.00 |
| Price | 30.11 |
| Total | 92,136.60 |
| Date of transaction | 26/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Andrew |
| Last Name(s) | Smith |
| 2. Reason for the notification | |
| Position/status | President, Trading and Supply |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 34.57 |
| Volume | 6,853.00 |
| Total | 236,908.21 |
| Aggregated information | |
| Volume | 6,853.00 |
| Price | 34.57 |
| Total | 236,908.21 |
| Date of transaction | 26/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Rachel |
| Last Name(s) | Solway |
| 2. Reason for the notification | |
| Position/status | Chief Human Resources and Corporate Officer |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | GBP |
| Price | 30.11 |
| Volume | 6,892.00 |
| Total | 207,518.12 |
| Aggregated information | |
| Volume | 6,892.00 |
| Price | 30.11 |
| Total | 207,518.12 |
| Date of transaction | 26/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Cederic |
| Last Name(s) | Cremers |
| 2. Reason for the notification | |
| Position/status | President, Integrated Gas |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 34.18 |
| Volume | 5,321.00 |
| Total | 181,871.78 |
| Aggregated information | |
| Volume | 5,321.00 |
| Price | 34.18 |
| Total | 181,871.78 |
| Date of transaction | 25/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Machteld |
| Last Name(s) | de Haan |
| 2. Reason for the notification | |
| Position/status | President, Downstream, Renewables and Energy Solutions |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 50% of bonus in shares |
| Currency | EUR |
| Price | 34.18 |
| Volume | 4,979.00 |
| Total | 170,182.22 |
| Aggregated information | |
| Volume | 4,979.00 |
| Price | 34.18 |
| Total | 170,182.22 |
| Date of transaction | 25/02/2026 |
| Place of transaction | Outside a trading venue |
| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Robin |
| Last Name(s) | Mooldijk |
| 2. Reason for the notification | |
| Position/status | President, Projects & Technology |
| Initial notification/ amendment | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Delivery of 25% of bonus in shares |
| Currency | EUR |
| Price | 34.18 |
| Volume | 3,648.00 |
| Total | 124,688.64 |
| Aggregated information | |
| Volume | 3,648.00 |
| Price | 34.18 |
| Total | 124,688.64 |
| Date of transaction | 25/02/2026 |
| Place of transaction | Outside a trading venue |