HSBC HOLDINGS PLC
7 May 2020
Notification of Transactions by a Person Discharging Managerial Responsibilities
On 26 February 2020, it was announced that John Hinshaw had been granted awards of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company"), to replace unvested awards that were forfeited when he joined HSBC (the "Replacement Awards").
The final Replacement Award, to replace the award granted by Saama Technologies Inc., vested on 6 May 2020 and the following transactions took place:
Name |
Number of Shares vested |
Shares sold in respect of Income Tax and Social Security liabilities at £4.048778 per share |
Net shares vested |
John Hinshaw |
1,510 |
710 |
800 |
The vesting price is based on the closing Share price on the London Stock Exchange on 5 May 2020, which was £4.0120.
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
John Hinshaw |
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2 - Reason for the notification |
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Position/status |
Group Chief Operating Officer |
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Initial notification/amendment
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Initial Notification |
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2020-05-06 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Acquisition under the HSBC Share Plan 2011 |
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Price
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Volume |
Total
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£4.01 |
1,510 |
£6,058.12 |
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Aggregated |
£4.012 |
1,510 |
£6,058.12 |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2020-05-06 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Disposal |
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Price
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Volume |
Total
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£4.05 |
710 |
£2,874.63 |
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Aggregated |
£4.049 |
710 |
£2,874.63 |
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For any queries related to this notification, please contact:
Larissa Wilson
Shareholder Services
020 7991 0595