HSBC HOLDINGS PLC
16 March 2016
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).
Group Performance Share Plan
Deferred awards under the Group Performance Share Plan ("GPSP Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2011 as a part of variable pay for the performance year ended 31 December 2010.
The GPSP Awards have now vested. The Shares must be retained while the individual is employed by HSBC. The GPSP Awards were determined by assessing performance against financial and non-financial metrics, as detailed in the Directors' remuneration report in the 2010 annual report and accounts.
Directors
Name |
Total number of Shares released |
Additional Shares issued in lieu of the 2015 4th interim dividend1 |
Shares sold to cover withholding tax at £4.5210 per Share |
Shares vested (net)
|
Stuart Gulliver |
498,322 |
16,030 |
234,212 |
264,110 |
Iain Mackay |
139,318 |
4,482 |
65,480 |
73,838 |
Marc Moses |
129,351 |
4,161 |
60,795 |
68,556 |
Other PDMRs
Name |
Total number of Shares released |
Additional Shares issued in lieu of the 2015 4th interim dividend1 |
Shares sold to cover withholding tax at £4.5210 per Share |
Shares vested (net)
|
Samir Assaf |
43,046 |
1,385 |
17,750 |
25,296 |
Peter Boyles |
21,404 |
688 |
7,856 |
13,548 |
Patrick Burke |
9,895 |
318 |
5,524 |
4,371 |
John Flint |
10,178 |
327 |
4,784 |
5,394 |
Antonio Simoes |
32,905 |
1,059 |
14,369 |
18,536 |
Peter Wong |
123,708 |
3,980 |
18,557 |
105,151 |
1 At USD6.3185 per Share being the average closing price of the Company's Shares on the London Stock Exchange between 22 and 26 February 2016 converted into USD.
For any queries related to this notification please contact: Nickesha Graham-Burrell, Senior Assistant Company Secretary on +44 (0)20 7992 3633.