TIDMRDSA TIDMRDSB 
 
 
   NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS 
DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE 
REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES 
 
   March 11, 2021 
 
   Royal Dutch Shell plc (the "Company") announces that on February 12, 
2021, Bram Schot, a Person Discharging Managerial Responsibilities 
("PDMR") has carried out the following transactions: 
 
 
   -- purchased 2,500 certificates Royal Dutch Shell A Turbo Long 8,2 BNP 
      Paribas Markets (ISIN: NL0009558519). These certificates are cash 
      settlement instruments the value of which is linked to the share price of 
      the Company's A ordinary shares with a nominal value of EUR0.07 each 
      ("RDSA Shares").  In this case, the ratio of the turbo is 1:1 and 
      accordingly 2,500 certificates represent 2,500 RDS A shares. As at March 
      10, 2021, the leverage is 1.69 but fluctuates depending on the share 
      price. If the share price increases, the leverage will decrease. The 
      finance level is 7.57 and the stop loss level is 8.2. The finance level 
      is adjusted on the 15th of every month. Finance costs are 1.44% on an 
      annual basis; 
 
 
   -- purchased 50 Leonteq Express Euro Denominated Certificates on ING, Royal 
      Dutch Shell, Unilever (ISIN: CH0470808913), with a nominal value of 
      EUR1,000 each. These certificates are cash settlement instruments of 
      which payment of a conditional coupon depends for 1/3 on the development 
      of the price of the RDSA A Shares on Euronext Amsterdam and, as such, is 
      a financial instrument linked to the RDSA A Shares. 
 
 
 
 
1. Details of the person discharging managerial responsibilities/person 
 closely associated 
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First Name(s)                                            Bram 
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Last Name(s)                                            Schot 
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2. Reason for the notification 
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Position/status                                 Non-executive Director 
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Initial notification/amendments                  Initial notification 
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3. Details of the issuer, emission allowance market participant, 
 auction platform, auctioneer or auction monitor 
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Full name of the entity                         Royal Dutch Shell plc 
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Legal Entity Identifier code                     21380068P1DRHMJ8KU70 
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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 
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                                            Certificates Royal Dutch Shell 
                                         A Turbo Long 8,2 BNP Paribas Markets; 
Description of the financial                 a financial instrument linked 
instrument                                         to RDSA A Shares 
--------------------------------------  -------------------------------------- 
Identification Code                                  NL0009558519 
--------------------------------------  -------------------------------------- 
                                            Purchase of Certificates Royal 
                                           Dutch Shell A Turbo Long 8,2 BNP 
Nature of the transaction                Paribas Markets (ISIN: NL0009558519). 
--------------------------------------  -------------------------------------- 
Currency                                                 EUR 
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Price                                                                  EUR7.69 
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Volume                                                                   2,500 
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Total                                                                EUR19,225 
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Aggregated information 
 Volume                                   2,500 
 Price                                    EUR7.69 
 Total                                    EUR19,225 
--------------------------------------  -------------------------------------- 
Date of transaction                     February 12, 2021 
--------------------------------------  -------------------------------------- 
Place of transaction                    Euronext Amsterdam 
--------------------------------------  -------------------------------------- 
 
 
 
 
 
 
 
 
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 
------------------------------------------------------------------------------ 
                                           Leonteq Express Euro Denominated 
                                           Certificates on ING, Royal Dutch 
                                            Shell, Unilever with a nominal 
Description of the financial              value of EUR1,000 each; a financial 
instrument                                instrument linked to RDSA A Shares 
--------------------------------------  -------------------------------------- 
Identification Code                                  CH0470808913 
--------------------------------------  -------------------------------------- 
                                           Purchase of Leonteq Express Euro 
                                           Denominated Certificates on ING, 
                                          Royal Dutch Shell, Unilever (ISIN: 
                                             CH0470808913), with a nominal 
Nature of the transaction                       value of EUR1,000 each. 
--------------------------------------  -------------------------------------- 
Currency                                                 EUR 
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Price                                                                   EUR715 
--------------------------------------  -------------------------------------- 
                                          50 (with a nominal value of EUR1,000 
Volume                                                                   each) 
--------------------------------------  -------------------------------------- 
Total                                                                EUR35,750 
--------------------------------------  -------------------------------------- 
Aggregated information 
 Volume                                   50 (with a nominal value of EUR1,000 
 Price                                    each) 
 Total                                    EUR715 
                                          EUR35,750 
--------------------------------------  -------------------------------------- 
Date of transaction                     February 12, 2021 
--------------------------------------  -------------------------------------- 
Place of transaction                    Outside of trading venue 
--------------------------------------  -------------------------------------- 
 
 
   Notes to editor: 
 
   With a turbo long, there is a finance-level and a stop loss-level. If 
the underlying share price drops below the stop loss-level, the turbo 
long is terminated. The investor then receives the value of the 
difference between the finance-level and the level on which the 
counterparty, in this case BNP Paribas, can close the turbo. Take for 
example a turbo with a stop loss-level of 10 and a finance-level of 8. 
When the underlying share price drops below 10, which is the stop 
loss-level, the buyer will still receive the amount 10-8=2. However, 
when the shareprice would suddenly drop to 8 or below, the buyer will 
receive nothing and the total investment is lost. In most cases however, 
the turbo would be terminated at the stop loss-level, and the buyer 
receives the amount of the difference between the finance-level and the 
stop loss-level. The actual amount will be determined by BNP. 
 
   Anthony Clarke 
 
   Deputy Company Secretary 
 
   ENQUIRIES 
 
   Shell Media Relations 
 
   International, UK, European Press: +44 20 7934 5550 
 
 
 
 

(END) Dow Jones Newswires

03-11-21 0324ET