HSBC HOLDINGS PLC
1 May 2020
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
On 11 and 13 March 2020, HSBC Holdings plc (the "Company") announced various vestings of Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares"). The vestings included additional Shares issued in lieu of the 2019 4th interim dividend (the "Dividend"). On 31 March 2020 the Company announced the cancellation of the Dividend. The additional Shares issued on 11 and 13 March 2020 will now be deducted from future vestings as follows:
1. Annual Incentive awards (Performance Year 2016)
Directors
Name |
Additional Shares being deducted from future vestings |
Noel Quinn |
|
Other PDMRs
Name |
Additional Shares being deducted from future vestings |
Georges Elhedery |
1,365 |
Pam Kaur |
2,005 |
Paulo Maia |
|
Stephen Moss |
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Charlie Nunn |
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Barry O'Byrne |
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Ian Stuart |
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Peter Wong |
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2. Replacement Awards*
Other PDMRs
Name |
Additional Shares being deducted from future vestings |
Barry O'Byrne |
185 |
3. Group Performance Share Plan awards (Performance Year 2014)*
Other PDMRs
Name |
Additional Shares being deducted from future vestings |
Pam Kaur |
|
Peter Wong |
|
4. Group Performance Share awards (Performance Year 2014)*
Directors
Name |
Additional Shares being deducted from future vestings |
Noel Quinn |
|
Other PDMRs
Name |
Additional Shares being deducted from future vestings |
Paulo Maia |
|
Stephen Moss |
|
Charlie Nunn |
|
* These awards are fully vested. The additional shares will be deducted from other awards held.
The following disclosures are made in accordance with Article 19 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 |
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2 - Reason for the notification |
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Position/status |
Group Chief Executive |
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Initial notification/amendment
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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 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
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Nature of Transaction:
Reduction in awards |
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Price
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Volume |
Total
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US$0.00 |
3,265 |
US$ 0.00 |
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Aggregated |
US$0.00 |
3,265 |
US$ 0.00 |
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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 |
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Position/status |
Co-Head of Global Banking and Markets |
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Initial notification/amendment
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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 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
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Nature of Transaction:
Reduction in awards |
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Price
|
Volume |
Total
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US$0.00 |
1,365 |
US$ 0.00 |
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Aggregated |
US$0.00 |
1,365 |
US$ 0.00 |
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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 |
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Position/status |
Group Chief Risk Officer |
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Initial notification/amendment
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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 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
|
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Nature of Transaction:
Reduction in awards |
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Price
|
Volume |
Total
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US$0.00 |
2,612 |
US$ 0.00 |
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Aggregated |
US$0.00 |
2,612 |
US$ 0.00 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Paulo Maia |
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2 - Reason for the notification |
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Position/status |
Chief Executive, Latin America, HSBC and Executive Chairman, HSBC Mexico |
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Initial notification/amendment
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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 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
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Nature of Transaction:
Reduction in awards |
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Price
|
Volume |
Total
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US$0.00 |
1,564 |
US$ 0.00 |
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Aggregated |
US$0.00 |
1,564 |
US$ 0.00 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Stephen Moss |
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2 - Reason for the notification |
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Position/status |
Regional Chief Executive for Europe; the Middle East, North Africa and Turkey; Latin America; and Canada |
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Initial notification/amendment
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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 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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||
|
2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
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Nature of Transaction:
Reduction in awards |
|
Price
|
Volume |
Total
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US$0.00 |
1,875 |
US$ 0.00 |
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Aggregated |
US$0.00 |
1,875 |
US$ 0.00 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Charlie Nunn |
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2 - Reason for the notification |
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Position/status |
Chief Executive, Wealth and Personal Banking |
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Initial notification/amendment
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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 |
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4 - Details of the transaction(s) |
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|
||||||||
Transaction(s) summary table |
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|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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|
2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
|
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Nature of Transaction:
Reduction in awards |
|
Price
|
Volume |
Total
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US$0.00 |
1,097 |
US$ 0.00 |
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Aggregated |
US$0.00 |
1,097 |
US$ 0.00 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Barry O'Byrne |
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2 - Reason for the notification |
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Position/status |
Chief Executive, Global Commercial Banking |
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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 |
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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 |
|
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|
2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
|
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Nature of Transaction:
Reduction in awards |
|
Price
|
Volume |
Total
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US$0.00 |
638 |
US$ 0.00 |
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Aggregated |
US$0.00 |
638 |
US$ 0.00 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Ian Stuart |
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2 - Reason for the notification |
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Position/status |
CEO, HSBC UK Bank plc |
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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 |
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4 - Details of the transaction(s) |
||||||||
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||||||||
Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
||
|
2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
|
||
|
Nature of Transaction:
Reduction in awards |
|
Price
|
Volume |
Total
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|
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US$0.00 |
1,708 |
US$ 0.00 |
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Aggregated |
US$0.00 |
1,708 |
US$ 0.00 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Peter Wong |
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2 - Reason for the notification |
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Position/status |
Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited |
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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 |
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4 - Details of the transaction(s) |
||||||||
|
||||||||
Transaction(s) summary table
|
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|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
||
|
2020-04-29 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
USD - United States Dollar |
|
||
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Nature of Transaction:
Reduction in awards |
|
Price
|
Volume |
Total
|
|
||
|
|
US$0.00 |
3,801 |
US$ 0.00 |
|
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Aggregated |
US$0.00 |
3,801 |
US$ 0.00 |
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For any queries related to this notification, please contact:
Larissa Wilson
Shareholder Services
020 7991 0595