REG-Director/PDMR Shareholding
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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
September 29, 2025
Shell plc (the "Company") has been notified that following the payment of the interim dividend on September 22, 2025 in respect of the second quarter of 2025, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year
ended December 31, 2024 ( www.shell.com/annualreport) .
PDMR Date Acquired Share Type Number of dividend shares acquired Purchase price per Share
Sinead Gorman 25 September 2025 SHEL (LSE) 2,125.8795 GBP 26.81492
Philippa Bounds 25 September 2025 SHELL (AMS) 0.0059 EUR 30.8342
Philippa Bounds 25 September 2025 SHEL (LSE) 363.32738 GBP 26.81492
Peter Costello 25 September 2025 SHELL (AMS) 30.19451 EUR 30.8342
Peter Costello 25 September 2025 SHEL (LSE) 998.23504 GBP 26.81492
Cederic Cremers 25 September 2025 SHELL (AMS) 336.42762 EUR 30.8342
Machteld de Haan 25 September 2025 SHELL (AMS) 290.02952 EUR 30.8342
Machteld de Haan 25 September 2025 SHEL ADS (NYSE) 21.63277 USD 72.23
Robertus Mooldijk 25 September 2025 SHELL (AMS) 700.70275 EUR 30.8342
Andrew Smith 25 September 2025 SHELL (AMS) 418.80768 EUR 30.8342
Rachel Solway 25 September 2025 SHEL (LSE) 84.79864 GBP 26.81492
The Notification of Dealing Form for each PDMR can be found below.
Julie Keefe
Deputy Company Secretary
ENQUIRIES
Media: International +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html
LEI number of Shell plc: 21380068P1DRHMJ8KU70
Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom.
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency GBP
Price 26.81492
Volume 2,125.8795
Total 57,005.289
Aggregated information
Volume 2,125.8795
Price 26.81492
Total 57,005.289
Date of transaction 25/09/2025
Place of transaction London
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency EUR
Price 30.8342
Volume 0.0059
Total 0.182
Aggregated information
Volume 0.0059
Price 30.8342
Total 0.182
Date of transaction 25/09/2025
Place of transaction Amsterdam
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency GBP
Price 26.81492
Volume 363.32738
Total 9,742.595
Aggregated information
Volume 363.32738
Price 26.81492
Total 9,742.595
Date of transaction 25/09/2025
Place of transaction London
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency EUR
Price 30.8342
Volume 30.19451
Total 931.024
Aggregated information
Volume 30.19451
Price 30.8342
Total 931.024
Date of transaction 25/09/2025
Place of transaction Amsterdam
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency GBP
Price 26.81492
Volume 998.23504
Total 26,767.593
Aggregated information
Volume 998.23504
Price 26.81492
Total 26,767.593
Date of transaction 25/09/2025
Place of transaction London
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency EUR
Price 30.8342
Volume 336.42762
Total 10,373.477
Aggregated information
Volume 336.42762
Price 30.8342
Total 10,373.477
Date of transaction 25/09/2025
Place of transaction Amsterdam
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency EUR
Price 30.8342
Volume 290.02952
Total 8,942.828
Aggregated information
Volume 290.02952
Price 30.8342
Total 8,942.828
Date of transaction 25/09/2025
Place of transaction Amsterdam
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 American Depository Shares (SHEL)
Identification Code US7802593050
Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency USD
Price 72.23
Volume 21.63277
Total 1,562.535
Aggregated information
Volume 21.63277
Price 72.23
Total 1,562.535
Date of transaction 25/09/2025
Place of transaction New York
1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Robertus
Last Name(s) Mooldijk
2. Reason for the notification
Position/status President, Projects and 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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency EUR
Price 30.8342
Volume 700.70275
Total 21,605.609
Aggregated information
Volume 700.70275
Price 30.8342
Total 21,605.609
Date of transaction 25/09/2025
Place of transaction Amsterdam
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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency EUR
Price 30.8342
Volume 418.80768
Total 12,913.60
Aggregated information
Volume 418.80768
Price 30.8342
Total 12,913.60
Date of transaction 25/09/2025
Place of transaction Amsterdam
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 & 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 Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.
Currency GBP
Price 26.81492
Volume 84.79864
Total 2,273.869
Aggregated information
Volume 84.79864
Price 26.81492
Total 2,273.869
Date of transaction 25/09/2025
Place of transaction LondonRecent news on Shell
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