Director/PDMR Shareholding

RNS Number : 5495Z

HSBC Holdings PLC

16 March 2012

 



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
	S T Gulliver, 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
	(i) Release by the Trustee of 275,575 ordinary shares following the partial vesting of the 2011 deferred award of Restricted Shares made to S T Gulliver under the HSBC Share Plan. (ii) Disposal of an interest in 143,299 shares by the Trustee of the HSBC Share Plan 2011 to meet the tax liability arising on the vesting of the deferred award in (i) above. (iii) Disposal of an interest in 132,276 shares by the Trustee of the HSBC Share Plan 2011. Mr Gulliver must retain an equivalent number of shares from his existing holding for a period of six months.
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
	(ii) 143,299 (iii) 132,276
7	Price per share or value of transactions
	(i) N/A ii) and (iii) £5.7268
8	Date and place of transactions
	15 March 2012, London
9	Date issuer informed of transactions
	16 March 2012
10	Total holding following notification
	5,071,157
11	Name of duly authorised officer/official of issuer responsible for making notification
	Peter Harvey, Senior Assistant Secretary, 020 7992 1401
12	Date of notification
	16 March 2012

 

END

 

 

RDSSFUFMMFESEED