Shell Upstream President Peter Costello sells £1.06m worth of shares

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Peter Costello, Shell Upstream President, sold shares on August 28, 2026
  • London sale: 31,786 shares at £33.41 for £1,061,970.26
  • Amsterdam sale: 3,214 shares at €39.115 for €125,715.61
  • Disclosures comply with EU and UK Market Abuse Regimes
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Peter Costello, President of Upstream at Shell plc, disposed of ordinary shares on August 28, 2026. The transactions were executed across two European exchanges.

The disclosure was filed under the EU and UK Market Abuse Regimes. It details sales in both London and Amsterdam markets.

Transaction Details

Costello sold 31,786 shares on the London Stock Exchange at a price of £33.41 per share. This transaction generated a total value of £1,061,970.26.

Simultaneously, he disposed of 3,214 shares on the Euronext Amsterdam exchange. These were sold at €39.115 per share, totalling €125,715.61.

Market Volume Price Total Value
London 31,786 £33.41 £1,061,970.26
Amsterdam 3,214 €39.115 €125,715.61

Both trades involved Ordinary shares of €0.07 each, identified by code GB00BP6MXD84. The filing marks an initial notification for these disposals.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

Does this sale align with Peter Costello's existing insider trading window restrictions or a pre-established 10b5-1 plan?

How might this executive disposal influence short-term investor sentiment regarding Shell's upstream performance outlook?

Are there indications that other senior Shell executives are planning similar share disposals in the coming quarters?

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Shell plc reports 5.53 billion voting rights as of August 28

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Total voting rights stood at 5,532,145,677 ordinary shares as of August 28, 2026
  • Each share has a nominal value of €0.07 and carries voting rights
  • The company reported holding zero shares in treasury
  • Disclosure complies with FCA Rule 5.6.1 on transparency rules
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Shell plc disclosed that its total voting rights stood at 5,532,145,677 ordinary shares as of August 28, 2026. The company confirmed it held no shares in treasury.

Capital Structure Details

The announcement was made in compliance with Rule 5.6.1 of the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. Each of the 5,532,145,677 ordinary shares carries a nominal value of €0.07 and includes voting rights.

Metric Value
Total Ordinary Shares 5,532,145,677
Nominal Value per Share €0.07
Treasury Shares None

Regulatory Context

The figure serves as the denominator for shareholders calculating whether they must notify their interest or changes thereto under the FCA Disclosure Guidance and Transparency Rules. Shell plc provided contact details for media relations for further enquiries.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the absence of treasury shares influence Shell's future capital allocation strategies, such as potential buybacks or dividend increases?

Could the fixed share count of 5.53 billion impact market liquidity or volatility in anticipation of major corporate actions like mergers or spin-offs?

Will Shell consider adjusting its nominal share value of €0.07 to align with broader European energy sector standards or facilitate easier institutional investment?

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