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 |
|
V H C Cheng, a person discharging managerial responsibilities |
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 |
|
In respect of the earnings per share, economic profit and total shareholder return parts of the 2008 Performance Share award made to V H C Cheng under the HSBC Share Plan: (i) 129,412 shares have been forfeited; and (ii) The Trustee has released 35,024 shares following partial vesting of the total shareholder return part of the award. The Trustee transferred the shares to V H C Cheng as beneficial owner. |
5 |
Number of shares, derivatives or any other financial instruments relating to shares acquired |
|
N/A |
6 |
Number of shares, derivatives or any other financial instruments relating to shares disposed |
|
(i) 129,412 |
7 |
Price per share or value of transactions |
|
(i) and (ii) N/A |
8 |
Date and place of transactions |
|
4 April 2011, London |
9 |
Date issuer informed of transactions |
|
5 April 2011 |
10 |
Total holding following notification |
|
1,478,546 |
11 |
Name of duly authorised officer/official of issuer responsible for making notification |
|
Kalpna Dubasia, Assistant Secretary, 020 7991 0592 |
12 |
Date of notification |
|
6 April 2011 |