HSBC HOLDINGS PLC
28 May 2020
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
1. Fixed Pay Allowance Arrangements
On 26 May 2020, awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted under the HSBC fixed pay allowance arrangements. Awards comprise part of the relevant employees' fixed remuneration for 2020. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 22 May 2020 of £3.7900.
The Awards vest in full on the date of grant. Individual tax liabilities in respect of the vesting of the Awards were satisfied in cash. The number of Shares received by the Directors named below is therefore net of tax.
The Awards will be released in five equal annual instalments starting from March 2021.
Name |
Number of Shares vested |
Noel Quinn |
79,243 |
Ewen Stevenson |
44,283 |
2. UK Share Incentive Plan
On 27 May 2020, the following acquisitions of Shares in the Company took place in London. The Shares were acquired under the Company's UK Share Incentive Plan ("SIP") at £3.9644 per Share.
Name |
Number of Shares acquired |
Stephen Moss |
31 |
Barry O'Byrne |
38 |
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 |
Noel Quinn |
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2 - Reason for the notification |
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Position/status |
Group Chief Executive |
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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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2020-05-26 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
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Price
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Volume |
Total
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Acquisition under the HSBC Share Plan 2011 |
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£3.79 |
79,243 |
£300,330.97
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Aggregated |
£3.79 |
79,243 |
£300,330.97 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Ewen Stevenson |
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2 - Reason for the notification |
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Position/status |
Group Chief Financial 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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2020-05-26 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
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Price
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Volume |
Total
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Acquisition under the HSBC Share Plan 2011 |
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£3.79 |
44,283 |
£167,832.57 |
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Aggregated |
£3.79 |
44,283 |
£167,832.57 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Stephen Moss |
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2 - Reason for the notification |
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Position/status |
Regional Chief Executive for Europe; the Middle East, North Africa and Turkey; Latin America; and Canada |
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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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2020-05-27 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction: |
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Price
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Volume |
Total
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Acquisition under the UK Share Incentive Plan |
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£3.96 |
31 |
£122.90 |
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Aggregated |
£3.964 |
31 |
£122.90 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Barry O'Byrne |
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2 - Reason for the notification |
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Position/status |
Chief Executive, Global Commercial Banking |
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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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2020-05-27 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
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Price
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Volume |
Total
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Acquisition under the UK Share Incentive Plan |
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£3.96 |
38 |
£150.65 |
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Aggregated |
£3.964 |
38 |
£150.65 |
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For any queries related to this notification, please contact:
Larissa Wilson
Shareholder Services
020 7991 0595