The following announcement amends and replaces the announcement made on behalf of J W J Hughes-Hallett on 9 April 2009 under RNS number 4853Q at 6.26 pm. The administrators of Esmee Fairbairn Foundation advised of an acquisition of a non-beneficial interest in 92,436 HSBC Holdings plc ordinary shares when the transaction was in fact a disposal of nil paid rights to acquire ordinary shares.
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND/OR CONNECTED PERSONS
This notification relates to a transaction notified in accordance with DTR 3.1.2 R and 3.1.4 R (1)(a)
1 |
Name of the issuer |
|
HSBC Holdings plc |
2 |
Name of the person discharging managerial responsibilities or, where applicable, the name of the person connected with a person discharging managerial responsibilities |
|
i) Esmee Fairbairn Foundation of which J W J Hughes-Hallett, a person discharging managerial responsibility, is a Trustee, ii) Dulwich Picture Gallery, of which J W J Hughes-Hallett is a Trustee and iii) Swire Educational Trust of which J W J Hughes-Hallett is a Trustee. |
3 |
Description of shares (including class), debentures, derivatives or any other financial instruments relating to shares |
|
US$0.50 ordinary shares |
4 |
State the nature of the transactions |
|
i) Sale of non-beneficial interest in nil paid rights ii) Acquisition of non-beneficial interest in shares following acceptance of rights in accordance with the terms of the Rights Issue announced on 2 March 2009. iii) Lapse of nil paid rights which, under the terms of the Rights Issue announced on 2 March 2009, were aggregated with rights not taken up by other shareholders, issued as New Ordinary Shares and sold by the Joint Global Co-ordinators for £4.48 per share. The premium obtained over the issue price of £2.54 per share less any expenses of the sale are payable to those shareholders who did not take up their rights. |
5 |
Number of shares, derivatives or any other financial instruments relating to shares acquired |
|
ii) 11,501 |
6 |
Number of shares, derivatives or any other financial instruments relating to shares disposed |
|
i) 92,436 and iii) 11,937 (nil paid rights) |
7 |
Price per share or value of transaction |
|
i) £1.3112 per nil paid right ii) £2.54 iii) £1.93098 per lapsed nil paid right |
8 |
Date and place of transactions |
|
i) - 25 March 2009 ii) and iii) - 6 April 2009, London |
9 |
Date issuer informed of transactions |
|
6 April 2009 |
10 |
Total holding following notification |
|
280,014 |
11 |
Name of duly authorised officer/official of issuer responsible for making notification |
|
Nicola Black, Assistant Group Company Secretary, 020 7991 2652 |
12 |
Date of notification |
|
21 May 2009 |
Consequently each announcement of a change in the non-beneficial interest of J W J Hughes-Hallett as a Trustee of the Esmee Fairbairn Foundation, Dulwich Picture Gallery and Swire Educational Trust, made after 9 April 2009 has an amended 'total holding following notification' as set out below.
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND/OR CONNECTED PERSONS
This notification relates to a transaction notified in accordance with DTR 3.1.2 R and 3.1.4 R (1)(a)
(1) Name of the issuer
HSBC Holdings plc
(2) Name of the person discharging managerial responsibilities or, where applicable, the name of the person connected with a person discharging managerial responsibilities
Esmee Fairbairn Foundation, Dulwich Picture Gallery and Swire Educational Trust of which J W J Hughes-Hallett, a person discharging managerial responsibility, is a Trustee.
(3) Description of shares (including class), debentures, derivatives or any other financial instruments relating to shares
US$0.50 ordinary shares
(4) Details of the Announcements that are to be amended and the revised figures
Date of announcement |
RNS Number |
The 'Total holding following notification' disclosed |
Amended 'Total holding following notification' |
Nature of the Transaction and the number of shares acquired and /or disposed |
27/04/09 |
2133R |
372,450 |
280,014 |
Acquisition of non-beneficial interest as trustee - 11,501 |
27/04/09 |
2140R |
382,038 |
289,602 |
Acquisition of non-beneficial interest as trustee - 9,588 |
(5) Total holding as at 27 April 2009
289,602
(6) Name of duly authorised officer/official of issuer responsible for making notification
Nicola Black, Assistant Group Company Secretary, 020 7991 2652
(7) Date of notification
21 May 2009