Royal Dutch Shell plc: Notification of Transactions of Directors / Persons Discharging Managerial Responsibilities ("PDMRs") and Connected Persons

Aug 02, 2011, 12:09 ET from Royal Dutch Shell plc

LONDON, August 2, 2011 /PRNewswire/ --

Notification relating to transactions notified in accordance with DR 3.1.4 R(1)(a)

Date of Notification:    2 August 2011

Today's date:     2August 2011

Name of Issuer:    Royal Dutch Shell plc ("RDS") (NYSE: RDS.A) (NYSE: RDS.B)

Date of transactions:    1 August 2011

Name of Directors / PDMRs:

Peter Voser

Class of security:

Royal Dutch Shell plc Class A ordinary shares ("RDSA")

Nature of the transactions:

1.    The delivery of vested awards amounting to 54,354 RDS Class A ordinary shares under the Restricted Share Plan ("RSP"). Awards dated 1 August 2008. In accordance with the terms of the RSP, the Director/PDMR referred to above received cash in lieu of shares on the basis of a share price of €25.60 per RDSA share.

2.    Purchase of 30,000 RDS A shares

Consideration for the transactions:

1.    No consideration has been paid by the Director / PDMR for the delivery of the vested award.

2.    €25.85 per RDS A share


Restricted Share Plan ("RSP")

Under the Restricted Share Plan (RSP) awards are made on a highly selective basis to senior staff. Executive Directors became eligible to receive awards under the RSP following shareholder approval at the 2008 Annual General Meeting. Shares are awarded subject to a three-year retention period. The shares, together with additional shares equivalent to the value of the dividends payable over the retention period, are released to the individual at the end of the three-year period. Further details of the RSP can be found in the Royal Dutch Shell plc Annual Report and Form 20-F for the year ended December 31, 2010.

SOURCE Royal Dutch Shell plc