Source - LSE Regulatory
RNS Number : 2672T
HSBC Holdings PLC
16 March 2023
 


 


HSBC HOLDINGS PLC

 

 

 

1.   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 14 March 2023, 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 £5.671041 per Share1

Noel Quinn

21,504

Other PDMRs

Colin Bell

14,943

7,024

Pam Kaur

15,631

Stephen Moss

13,664

Barry O'Byrne

7,694

Ian Stuart

13,488

 

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 twelve months from the original vesting date, with the exception of Stephen Moss and Barry O'Byrne who are subject to a six-month retention period.

 

2.   Annual Incentive awards (Performance Year 2020)

 

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2021 as a part of variable pay for the performance year ended 31 December 2020.

On 14 March 2023, tranches of the Awards granted in 2021 vested and the following transactions took place in London:

Name

Total number of Shares vested

Number of Shares sold at £5.671041 per Share1

 

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 twelve months from the original vesting date, with the exception of David Liao who is subject to a six-month retention period.

3.   Annual Incentive awards (Performance Year 2021)

 

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2022 as a part of variable pay for the performance year ended 31 December 2021.

On 15 March 2023, the first tranche of the Awards granted in 2022 vested and the following transactions took place in London:

Name

Total number of Shares vested

Number of Shares sold at £5.60841 per Share1

 

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 twelve months from the original vesting date.

 

For the purpose of the below disclosures, the value of the Awards which vested on 14 and 15 March 2023 has been calculated using the closing Share price on the London Stock Exchange on 10 March 2023 of £5.9260.

 

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

 

Name of natural person

Noel Quinn


 

 

 

2 - Reason for the notification

 

Position/status

Group Chief Executive



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

 


2023-03-14

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

 

 

 


£5.93

21,504

£127,432.70


 

Aggregated

£5.926

21,504

£127,432.70

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

10,107

£57,317.21


 

Aggregated

£5.671

10,107

£57,317.21

 


 

 

 

 

 

 


 

 

 

 

 

 











 

 

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



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

 


2023-03-14

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

 

 

 


£5.93

14,943

£88,552.22


 

Aggregated

£5.926

14,943

£88,552.22

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

7,024

£39,833.39


 

Aggregated

£5.671

7,024

£39,833.39

 


 

 

 

 

 

 


 

 

 

 

 

 












 

 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

Name of natural person

Pam Kaur


 

 

 

2 - Reason for the notification

 

Position/status

Group Chief Risk and Compliance Officer



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

 


2023-03-14

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

 

 

 


£5.93

15,631

£92,629.31


 

Aggregated

£5.926

15,631

£92,629.31

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

7,347

£41,665.14


 

Aggregated

£5.671

7,347

£41,665.14

 


 

 

 

 

 

 


 

 

 

 

 

 











 

 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

Name of natural person

David Liao


 

 

 

2 - Reason for the notification

 

Position/status

Co-Chief Executive, Asia-Pacific - 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

 


2023-03-14

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

 

 

 


£5.93

18,753

£111,130.28


 

Aggregated

£5.926

18,753

£111,130.28

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-15

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

 

 

 


£5.93

27,591

£163,504.27


 

Aggregated

£5.926

27,591

£163,504.27

 


 

 

 

 

 

 

 











 

 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

Name of natural person

Stephen Moss


 

 

 

2 - Reason for the notification

 

Position/status

Regional Chief Executive, Middle East, North Africa and Türkiye



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

 


2023-03-14

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

 

 

 


£5.93

32,832

£194,562.43


 

Aggregated

£5.926

32,832

£194,562.43

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

4,175

£23,676.60


 

Aggregated

£5.671

4,175

£23,676.60

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-15

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

 

 

 


£5.93

17,241

£102,170.17


 

Aggregated

£5.926

17,241

£102,170.17

 


 

 

 

 

 

 

 











 

 

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

 


2023-03-14

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

 

 

 


£5.93

7,694

£45,594.64


 

Aggregated

£5.926

7,694

£45,594.64

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

2,725

£15,453.59


 

Aggregated

£5.671

2,725

£15,453.59

 


 

 

 

 

 

 


 

 

 

 

 

 











 

 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

Name of natural person

Michael Roberts


 

 

 

2 - Reason for the notification

 

Position/status

Chief Executive, HSBC USA and Americas



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

 


2023-03-14

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

 

 

 


£5.93

46,879

£277,804.95


 

Aggregated

£5.926

46,879

£277,804.95

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

23,932

£135,719.35


 

Aggregated

£5.671

23,932

£135,719.35

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-15

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

 

 

 


£5.93

43,415

£257,277.29


 

Aggregated

£5.926

43,415

£257,277.29

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-15

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.61

22,164

£124,304.80


 

Aggregated

£5.608

22,164

£124,304.80

 

 

 

 

 

 

 

 

 











 

 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

Name of natural person

Surendra Rosha


 

 

 

2 - Reason for the notification

 

Position/status

Co-Chief Executive, Asia-Pacific - 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

 


2023-03-14

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

 

 

 


£5.93

23,395

£138,638.77


 

Aggregated

£5.926

23,395

£138,638.77

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

3,510

£19,905.35


 

Aggregated

£5.671

3,510

£19,905.35

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-15

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

 

 

 


£5.93

27,591

£163,504.27


 

Aggregated

£5.926

27,591

£163,504.27

 


 

 

 

 

 

 

 











 

 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

Name of natural person

Ian Stuart


 

 

 

2 - Reason for the notification

 

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

 


2023-03-14

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

 

 

 


£5.93

13,488

£79,929.89


 

Aggregated

£5.926

13,488

£79,929.89

 


 

 

 

 

 

 


Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 


2023-03-14

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 

 

 


£5.67

6,340

£35,954.40


 

Aggregated

£5.671

6,340

£35,954.40

 


 

 

 

 

 

 











 

 

For any queries related to this notification, please contact:

 

Bayo Adeyeye

Corporate Governance & Secretariat

+44 (0) 203 359 2160

 

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END
 
 
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