6th Feb 2012 16:22
NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILTIES ("PDMRs") AND CONNECTED PERSONS
Notification relating to a transaction notified in accordance with: DR 3.1.4 R (1)(a)
Date of Notification: 06 February 2012
Today's date: 06 February 2012
Name of Issuer: Royal Dutch Shell plc
Date of transaction ("DATE"): 03 February 2012
Name of Directors / PDMRs:
Directors and PDMRs who have interests in employee share plans (names listed below)
Nature of the transaction:
1. Confirmation of the number of RDS shares deferred under the Deferred Bonus
Plan (DBP) representing a percentage of their annual bonus that will be
deferred for performance year 2011.
2. The award of conditional shares of Royal Dutch Shell plc (RDS) under the
Long-Term Incentive Plan (LTIP).
Consideration for the transaction:
1. Percentage of cash value of the annual bonus awards for performance year
2011 that is to be converted into shares (DBP)
Peter Voser 50% of bonus € 1,750,000
Malcolm Brinded 50% of bonus € 1,000,000
Simon Henry 50% of bonus € 750,000
Matthias Bichsel 50% of bonus SFr. 858,000
Hugh Mitchell 50% of bonus £ 372,000
Marvin Odum 35% of bonus $ 550,550
Mark Williams 50% of bonus $ 682,500
Peter Rees 35% of bonus £ 227,500
2. No consideration (LTIP).
Classes of security:
Royal Dutch Shell Class A Ordinary shares ("RDSA")
Royal Dutch Shell Class B Ordinary shares ("RDSB")
Royal Dutch Shell plc Class A ADS ("RDS.A")
Directors1) DBPPeter Voser 64,161 RDSA
Malcolm Brinded 36,214 RDSB
Simon Henry 27,160 RDSB2) LTIPPeter Voser 175,985 RDSA
Malcolm Brinded 104,296 RDSB
Simon Henry 81,699 RDSBPDMRs 1. DBP
Matthias Bichsel 26,106 RDSA
Hugh Mitchell 16,212 RDSBMarvin Odum 7,595 RDS.AMark Williams 9,416 RDS.APeter Rees 9,915 RDSB 2. LTIP
Matthias Bichsel 40,000 RDSA
Hugh Mitchell 33,000 RDSB
Marvin Odum 30,000 RDS.A
Mark Williams 28,000 RDS.A
Peter Rees 38,000 RDSB
Notes
Deferred Bonus Plan ("DBP")
The DBP requires that Executive Directors and Persons Discharging Managerial Responsibility invest no less than 25% of their annual bonus in deferred bonus shares. They may choose to invest up to 50% in such shares and the Plan provides for dividends in the form of shares ("dividend shares") to be accrued on the deferred bonus shares. For the purposes of disclosure and maintenance of certain statutory records, the number of shares does not include any performance-related matching shares that may be earned in accordance with the plan rules applicable to each award, the number of such performance related matching shares being unknown until the performance criteria are assessed at the end of the performance period. Further details of the DBP can be found in the Royal Dutch Shell Annual Report and Form 20-F for the year ended December 31, 2010.
Long Term Incentive Plan ("LTIP")
The LTIP is a performance based share plan under which Directors receive a conditional award of shares ("performance shares"). The actual number of performance shares which Directors could finally receive under the plan ranges from nil to two times the conditional award, subject to the performance of the Company over a period of at least three years. For the purposes of disclosure and maintenance of certain statutory records, the number of performance shares is taken to be one times the number of performance shares conditionally awarded. Performance shares attract dividends in the form of shares ("dividend shares") and, whilst Directors could finally receive dividend shares based on two times the conditional award, such dividend shares are disclosed and recorded on the basis of the number of shares conditionally awarded. Further details of the LTIP can be found in the Royal Dutch Shell Annual Report and Form 20-F for the year ended December 31, 2010.
Mark EdwardsDeputy Company SecretaryRoyal Dutch Shell plcEnquiriesShell Media Relations
International, UK, European Press: +31 70 377 3600
Shell Investor Relations
Europe: + 31 70 377 3996
United States: +1 713 241 2069
XLONRelated Shares:
RDSA.LRDSB.L