HSBC HOLDINGS PLC
11 March 2015
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Connected Persons
This announcement is made in accordance with DTR 3.1.2 R and 3.1.4 R(1)(a).
Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2014 as a part of variable pay for the performance year ended 31 December 2013.
On 10 March, the first tranche of the Awards granted in 2014 vested and the following transactions took place in London. The net number of Shares which have vested is required to be retained for six months. The remainder of the Awards will vest in two further tranches, in 2016 and 2017.
Directors
Name |
Shares released1 |
Additional Shares awarded in lieu of the 2014 4th interim dividend2 |
Shares sold to cover withholding tax at £5.6655 per Share |
Shares vested (net)
|
Stuart Gulliver |
31,411 |
2,082 |
14,764 |
16,647 |
Iain Mackay |
18,399 |
1,220 |
8,648 |
9,751 |
Marc Moses |
18,397 |
1,219 |
8,647 |
9,750 |
Other PDMRs
Name |
Shares released1 |
Additional Shares awarded in lieu of the 2014 4th interim dividend2 |
Shares sold to cover withholding tax at £5.6655 per Share |
Shares vested (net)
|
Ann Almeida |
24,708 |
1,637 |
11,613 |
13,095 |
Samir Assaf |
54,873 |
3,638 |
25,791 |
29,082 |
Peter Boyles |
17,701 |
1,173 |
7,966 |
9,735 |
Simon Cooper |
16,986 |
1,126 |
7,644 |
9,342 |
John Flint |
24,623 |
1,632 |
11,081 |
13,542 |
Pam Kaur |
12,879 |
854 |
6,054 |
6,825 |
Alan Keir |
17,610 |
1,168 |
8,277 |
9,333 |
Stuart Levey |
29,438 |
1,952 |
13,836 |
15,602 |
Peter Wong |
28,218 |
1,871 |
4,233 |
23,985 |
1 The number of Shares released includes the Shares awarded in lieu of the 2014 4th interim dividend.
2 USD8.9424 per Share being the average closing price of the Company's Shares on the London Stock Exchange between 23 and 27 February 2015 converted into USD at a spot rate from 27 February 2015.
For any queries related to this notification please contact: Nickesha Graham-Burrell, Senior Assistant Company Secretary on +44 (0)20 7992 3633.