Director/PDMR Shareholding
| NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES |
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| February 27, 2026 |
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| 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. |
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| 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 |
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| The Notification of Dealing Form for each PDMR can be found below. |
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| Julie Keefe |
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| Deputy Company Secretary |
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| ENQUIRIES |
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| Shell Media Relations |
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| International, UK, European Press: +44 20 7934 5550 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| Volume |
3,648.00 |
| Price |
34.18 |
| Total |
124,688.64 |
| Date of transaction |
25/02/2026 |
| Place of transaction |
Outside a trading venue |
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