1st Mar 2013 16:08
ROYAL DUTCH SHELL PLC - Director/PDMR ShareholdingROYAL DUTCH SHELL PLC - Director/PDMR Shareholding
PR Newswire
London, March 1
NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIALRESPONSIBILTIES ("PDMRs") AND CONNECTED PERSONS
Notification relating to a transaction notified in accordance with: DR 3.1.4 R(1)(a)
Date of Notification: 28 February 2013
Today's date: 1 March 2013
Name of Issuer: Royal Dutch Shell plc
Date of transaction: 28 February 2013
Name of Directors / PDMRs:
Directors and PDMRs who have interests in employee share plans (names listedbelow)
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 2012.
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
2012 that is to be converted into shares (DBP) Peter Voser 50% of bonus € 1,650,000 Simon Henry 50% of bonus € 750,000 Matthias Bichsel 50% of bonus SFr. 992,500 Andrew Brown 50% of bonus £ 405,000 Hugh Mitchell 50% of bonus £ 404,500 Marvin Odum 50% of bonus $ 714,000 Peter Rees 40% of bonus £ 308,8002. 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") Directors 1) DBP Peter Voser 65,528 RDSA Simon Henry 29,162 RDSB 2) LTIP Peter Voser 195,393 RDSA Simon Henry 91,920 RDSB PDMRs 1. DBP Matthias Bichsel 32,301 RDSA Andrew Brown 18,214 RDSB Hugh Mitchell 18,192 RDSB Marvin Odum 10,875 RDS.A Peter Rees 13,888 RDSB 2. LTIP Ben van Beurden 40,000 RDSA Matthias Bichsel 40,000 RDSA Andrew Brown 40,000 RDSB Hugh Mitchell 35,000 RDSB Marvin Odum 30,000 RDS.A Peter Rees 35,000 RDSB Notes Deferred Bonus Plan ("DBP")The DBP requires that Executive Directors and Persons Discharging ManagerialResponsibility invest no less than 25% of their annual bonus in deferred bonusshares. They may choose to invest up to 50% in such shares and the Planprovides for dividends in the form of shares ("dividend shares") to be accruedon the deferred bonus shares. For the purposes of disclosure and maintenance ofcertain statutory records, the number of shares does not include anyperformance-related matching shares that may be earned in accordance with theplan rules applicable to each award, the number of such performance relatedmatching shares being unknown until the performance criteria are assessed atthe end of the performance period. Further details of the DBP can be found inthe Royal Dutch Shell Annual Report and Form 20-F for the year ended December31, 2011.
Long Term Incentive Plan ("LTIP")
The LTIP is a performance based share plan under which Directors receive aconditional award of shares ("performance shares"). The actual number ofperformance shares which Directors could finally receive under the plan rangesfrom nil to two times the conditional award, subject to the performance of theCompany over a period of at least three years. For the purposes of disclosureand maintenance of certain statutory records, the number of performance sharesis taken to be one times the number of performance shares conditionallyawarded. Performance shares attract dividends in the form of shares ("dividendshares") and, whilst Directors could finally receive dividend shares based ontwo times the conditional award, such dividend shares are disclosed andrecorded on the basis of the number of shares conditionally awarded. Furtherdetails of the LTIP can be found in the Royal Dutch Shell Annual Report andForm 20-F for the year ended December 31, 2011.
Mark Edwards Deputy Company Secretary Royal Dutch Shell plc Enquiries Shell Media RelationsInternational, UK, European Press: +31 70 377 3600
Shell Investor Relations
Europe: + 31 70 377 3996
United States: +1 713 241 2069
Related Shares:
RDSA.LRDSB.L