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

LONDON, December 22, 2010 /PRNewswire-FirstCall/ -- Notification relating to a transaction notified in accordance with: DR 3.1.4 R(1)(a)

    Date of Notification: 21 December 2010
    Today's Date: 22 December 2010
    Name of Issuer: Royal Dutch Shell plc
    Date of transaction: 17 December 2010

Nature of the transaction: Rollover of dividends into Royal Dutch Shell plc (NYSE: RDS.A; NYSE: RDS.B) shares RDSA, RDSB and RDS.A (as given below) under the Long-Term Incentive Plan, Performance Share Plan, Deferred Bonus Plan and Restricted Share plan.

    The values are as follows:

    Peter Voser           EUR 209,887.81

    Malcolm Brinded       GBP 179,393.79

    Simon Henry           GBP 50,625.53

    Jeroen van der Veer   EUR 248,119.53

    Matthias Bichsel      EUR 37,567.76

    Beat Hess             EUR 36,945.16

    Hugh Mitchell         GBP 36,482.39

    Marvin Odum             $ 83,319.39

    Mark Williams           $ 81,643.45

    The number of shares is as follows:

    Peter Voser             8,609 RDSA

    Malcolm Brinded         8,668 RDSB

    Simon Henry             2,446 RDSB

    Jeroen van der Veer    10,177 RDSA

    Matthias Bichsel        1,540 RDSA

    Beat Hess               1,515 RDSA

    Hugh Mitchell           1,762 RDSB

    Marvin Odum            1,294 RDS.A

    Mark Williams          1,268 RDS.A

    Note
    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, 2009.

Performance Share Plan ("PSP")

When awards are made under the LTIP other than to the Executive Directors the plan is called the Performance Share Plan. Simon Henry received awards under the PSP prior to his appointment as an Executive Director with effect from May 20, 2009. Further details of the PSP can be found in the Royal Dutch Shell Annual Report and Form 20-F for the year ended December 31, 2009.

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, 2009.

Restricted Share Plan ("RSP")

The RSP is a share plan under which certain employees and Directors may receive a conditional award of shares. The shares vest three years after the award date subject to the employee or the Director being employed by a Shell Group company at that time. The participation of Directors in this plan was approved at the Annual General Meeting of Royal Dutch Shell plc on 20 May 2008. The conditional shares awarded under the RSP attract dividends in the form of shares ("dividend shares") during the vesting period. Further details of the RSP can be found in the Royal Dutch Shell Annual Report and Form 20-F for the year ended December 31, 2009.

SOURCE Royal Dutch Shell plc

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