HSBC HOLDINGS PLC
12 March 2021
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
Annual Incentive awards (Performance Year 2017)
Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2018 as a part of variable pay for the performance year ended 31 December 2017.
On 11 March 2021, tranches of the Awards granted in 2018 vested and the following transactions took place in London:
Directors
| Name | Total number of Shares vested | Number of Shares sold at £4.25384 per Share1 |
| Noel Quinn | 21,504 | 10,107 |
Other PDMRs
| Name | Total number of Shares vested
| Number of Shares sold at £4.25384 per Share1 |
| Colin Bell | 14,943 | 7,024 |
| Georges Elhedery | 22,303 | 6,812 |
| Pam Kaur | 15,631 | 7,347 |
| Nuno Matos | 21,154 | 7,847 |
| Stephen Moss | 13,660 | 6,421 |
| Barry O'Byrne | 7,054 | 3,316 |
| Ian Stuart | 13,488 | 6,340 |
| Peter Wong | 22,809 | 3,422 |
1 Includes shares sold to cover withholding tax.
The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for 12 months from the original vesting date, with the exception of Stephen Moss and Barry O'Byrne who are subject to a 6 month retention period.
The vesting price for the Awards is based on the closing Share price on the London Stock Exchange on 8 March 2021 of £4.5550.
The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.
| 1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||||
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| Name of natural person | Noel Quinn | | |||||||
| | | | |||||||
| 2 - Reason for the notification | |||||||||
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| Position/status | Group Chief Executive | ||||||||
| | | ||||||||
| Initial notification/amendment
| 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 | HSBC Holdings plc | ||||||||
| | | ||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | ||||||||
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| 4 - Details of the transaction(s) | |||||||||
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| Transaction(s) summary table | |||||||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | |||
| | | £4.56 | 21,504 | £97,950.72 | | ||||
| | Aggregated | £4.555 | 21,504 | £97,950.72 | | ||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | |||
| | | £4.25 | 10,107 | £42,993.56 | | ||||
| | Aggregated | £4.254 | 10,107 | £42,993.56 | | ||||
| | | | | | | | |||
| | | | | | | | |||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
| | ||||||||||
| Name of natural person | Colin Bell | | ||||||||
| | | | ||||||||
| 2 - Reason for the notification | ||||||||||
| | ||||||||||
| Position/status | Chief Executive, HSBC Bank plc and HSBC Europe | |||||||||
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| Initial notification/amendment
| 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 | HSBC Holdings plc | |||||||||
| | | |||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |||||||||
| | | |||||||||
| 4 - Details of the transaction(s) | ||||||||||
| | ||||||||||
| Transaction(s) summary table | ||||||||||
| | | | | | | | ||||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | ||||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | ||||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | ||||
| | | £4.56 | 14,943 | £68,065.36 | | |||||
| | Aggregated | £4.555 | 14,943 | £68,065.36 | | |||||
| | | | | | | | ||||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | ||||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | ||||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | ||||
| | | £4.25 | 7,024 | £29,878.97 | | |||||
| | Aggregated | £4.254 | 7,024 | £29,878.97 | | |||||
| | | | | | | | ||||
| | | | | | | | ||||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | ||||||||
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| Name of natural person | Georges Elhedery | | ||||||
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| 2 - Reason for the notification | ||||||||
| | ||||||||
| Position/status | Co-Chief Executive, Global Banking and Markets | |||||||
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| Initial notification/amendment
| 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 | HSBC Holdings plc | |||||||
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| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |||||||
| | | |||||||
| 4 - Details of the transaction(s) | ||||||||
| | ||||||||
| Transaction(s) summary table
| ||||||||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | ||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | ||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | ||
| | | £4.56 | 22,303 | £101,590.16 | | |||
| | Aggregated | £4.555 | 22,303 | £101,590.16 | | |||
| | | | | | | | ||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | ||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | ||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | ||
| | | £4.25 | 6,812 | £28,977.16 | | |||
| | Aggregated | £4.254 | 6,812 | £28,977.16 | | |||
| | | | | | | | ||
| | | | | | | | ||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||||
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| Name of natural person | Pam Kaur | | |||||||
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| 2 - Reason for the notification | |||||||||
| | |||||||||
| Position/status | Group Chief Risk Officer | ||||||||
| | | ||||||||
| Initial notification/amendment
| 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 | HSBC Holdings plc | ||||||||
| | | ||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | ||||||||
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| 4 - Details of the transaction(s) | |||||||||
| | |||||||||
| Transaction(s) summary table | |||||||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | |||
| | | £4.56 | 15,631 | £71,199.20 | | ||||
| | Aggregated | £4.555 | 15,631 | £71,199.20 | | ||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | |||
| | | £4.25 | 7,347 | £31,252.96 | | ||||
| | Aggregated | £4.254 | 7,347 | £31,252.96 | | ||||
| | | | | | | | |||
| | | | | | | | |||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||||
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| Name of natural person | Nuno Matos | | |||||||
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| 2 - Reason for the notification | |||||||||
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| Position/status | Chief Executive, Wealth and Personal Banking | ||||||||
| | | ||||||||
| Initial notification/amendment
| 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 | HSBC Holdings plc | ||||||||
| | | ||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | ||||||||
| | | ||||||||
| 4 - Details of the transaction(s) | |||||||||
| | |||||||||
| | Transaction(s) summary table | | |||||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | |||
| | | £4.56 | 21,154 | £96,356.47 | | ||||
| | Aggregated | £4.555 | 21,154 | £96,356.47 | | ||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | |||
| | | £4.25 | 7,847 | £33,379.88 | | ||||
| | Aggregated | £4.254 | 7,847 | £33,379.88 | | ||||
| | | | | | | | |||
| | | | | | | | |||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| | |||||||||
| Name of natural person | Stephen Moss | | |||||||
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| 2 - Reason for the notification | |||||||||
| | |||||||||
| Position/status | Chief Executive, Middle East, North Africa and Turkey | ||||||||
| | | ||||||||
| Initial notification/amendment
| Initial Notification
| ||||||||
| | | ||||||||
| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| | |||||||||
| Full name of the entity | HSBC Holdings plc | ||||||||
| | | ||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | ||||||||
| | | ||||||||
| 4 - Details of the transaction(s) | |||||||||
| | |||||||||
| Transaction(s) summary table | |||||||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | |||
| | | £4.56 | 13,660 | £62,221.30 | | ||||
| | Aggregated | £4.555 | 13,660 | £62,221.30 | | ||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | |||
| | | £4.25 | 6,421 | £27,313.91 | | ||||
| | Aggregated | £4.254 | 6,421 | £27,313.91 | | ||||
| | | | | | | | |||
| | | | | | | | |||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| | |||||||||
| Name of natural person | Barry O'Byrne | | |||||||
| | | | |||||||
| 2 - Reason for the notification | |||||||||
| | |||||||||
| Position/status | Chief Executive, Global Commercial Banking | ||||||||
| | | ||||||||
| Initial notification/amendment
| Initial Notification
| ||||||||
| | | ||||||||
| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| | |||||||||
| Full name of the entity | HSBC Holdings plc | ||||||||
| | | ||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | ||||||||
| | | ||||||||
| 4 - Details of the transaction(s) | |||||||||
| | |||||||||
| Transaction(s) summary table | |||||||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | |||
| | | £4.56 | 7,054 | £32,130.97 | | ||||
| | Aggregated | £4.555 | 7,054 | £32,130.97 | | ||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | |||
| | | £4.25 | 3,316 | £14,105.73 | | ||||
| | Aggregated | £4.254 | 3,316 | £14,105.73 | | ||||
| | | | | | | | |||
| | | | | | | | |||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| | |||||||||
| Name of natural person | Ian Stuart | | |||||||
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| 2 - Reason for the notification | |||||||||
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| Position/status | Chief Executive, HSBC UK Bank plc | ||||||||
| | | ||||||||
| Initial notification/amendment
| Initial Notification
| ||||||||
| | | ||||||||
| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| | |||||||||
| Full name of the entity | HSBC Holdings plc | ||||||||
| | | ||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | ||||||||
| | | ||||||||
| 4 - Details of the transaction(s) | |||||||||
| | |||||||||
| Transaction(s) summary table | |||||||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | |||
| | | £4.56 | 13,488 | £61,437.84 | | ||||
| | Aggregated | £4.555 | 13,488 | £61,437.84 | | ||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | |||
| | | £4.25 | 6,340 | £26,969.35 | | ||||
| | Aggregated | £4.254 | 6,340 | £26,969.35 | | ||||
| | | | | | | | |||
| | | | | | | | |||
| 1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| | |||||||||
| Name of natural person | Peter Wong | | |||||||
| | | | |||||||
| 2 - Reason for the notification | |||||||||
| | |||||||||
| Position/status | Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited | ||||||||
| | | ||||||||
| Initial notification/amendment
| Initial Notification
| ||||||||
| | | ||||||||
| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| | |||||||||
| Full name of the entity | HSBC Holdings plc | ||||||||
| | | ||||||||
| Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | ||||||||
| | | ||||||||
| 4 - Details of the transaction(s) | |||||||||
| | |||||||||
| Transaction(s) summary table | |||||||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Acquisitions under the HSBC Share Plan 2011 | | Price
| Volume | Total
| | |||
| | | £4.56 | 22,809 | £103,895.00 | | ||||
| | Aggregated | £4.555 | 22,809 | £103,895.00 | | ||||
| | | | | | | | |||
| | Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | | |||
| | 2021-03-11 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | | |||
| | Nature of Transaction:
Disposal | | Price
| Volume | Total
| | |||
| | | £4.25 | 3,422 | £14,556.64 | | ||||
| | Aggregated | £4.254 | 3,422 | £14,556.64 | | ||||
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For any queries related to this notification, please contact:
Larissa Wilson
Shareholder Services
020 7991 0595
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