Director/PDMR Shareholding

RNS Number : 6181C
HSBC Holdings PLC
18 March 2014
 



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


Marc Moses, 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) Acquisition / scrip dividend on an award under the HSBC Share Plan.

ii) Under the HSBC Share Plan, an award of restricted shares was made in 2011 to Marc Moses in respect of performance year 2010. 44,331 ordinary shares were allotted to Marc Moses on 17/03/2014 upon the vesting of the third and final tranche of this award, subject to a 6 month retention period. Marc Moses instructed the Trustees of the Plan to sell on his behalf 44,331 shares (including 20,836 to meet the tax liability arising) upon the vesting of this award.

5

Number of shares, derivatives or any other financial instruments relating to shares acquired


i) 792

6

Number of shares, derivatives or any other financial instruments relating to shares disposed


ii) 44,331

7

Price per share or value of transaction


i) US$10.4431

ii) £5.9768

8

Date and place of transactions


17 March 2014, London

9

Date issuer informed of transactions


17 March 2014

10

Total holding following notification


1,616,420

11

Name of duly authorised officer/official of issuer responsible for making notification


Elaine Williams, Deputy Company Secretary, 020 7991 2600

12

Date of notification


18 March 2014

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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