Director/PDMR Shareholding

RNS Number : 1889F

HSBC Holdings PLC

17 March 2022

 

HSBC HOLDINGS PLC

17 March 2022

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

1.  Annual Incentive awards (Performance Year 2017)

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2018 as a part of variable pay for the performance year ended 31 December 2017.

On 15 March 2022, tranches of the Awards granted in 2018 vested and the following transactions took place in London:

Directors

Name	Total number of Shares vested	Number of Shares sold at £4.788435 per Share1
Noel Quinn	21,504	10,107

Other PDMRs

Name	Total number of Shares vested	Number of Shares sold at £4.788435 per Share1
Colin Bell	14,943	7,024
Pam Kaur	15,631	7,347
Stephen Moss	13,660	4,709
Barry O'Byrne	7,692	3,111
Ian Stuart	13,488	6,340

¹   Includes shares sold to cover withholding tax .

The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for twelve months from the original vesting date, with the exception of Stephen Moss and Barry O'Byrne who are subject to a six-month retention period.

2.  Annual Incentive awards (Performance Year 2019)

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2020 as a part of variable pay for the performance year ended 31 December 2019.

On 15 March 2022, tranches of the Awards granted in 2020 vested and the following transactions took place in London:

Name	Total number of Shares vested	Number of Shares sold at £4.788435 per Share1
Nuno Matos	29,854	10,829
Stephen Moss	17,975	4,363
Michael Roberts	43,943	22,433
Surendra Rosha	20,298	3,045

¹   Includes shares sold to cover withholding tax .

The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for twelve months from the original vesting date.

3.  Annual Incentive awards (Performance Year 2020)

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2021 as a part of variable pay for the performance year ended 31 December 2020.

On 16 March 2022, the first tranche of the Awards granted in 2021 vested and the following transactions took place in London:

Name	Total number of Shares vested	Number of Shares sold at £4.90382 per Share1
David Liao	18,753	2,813
Stephen Moss	19,168	770
Michael Roberts	46,879	23,932
Surendra Rosha	23,395	3,510

¹   Includes shares sold to cover withholding tax .

The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for twelve months from the original vesting date, with the exception of David Liao who is subject to a six-month retention period.

For the purpose of the below disclosures, the value of the Awards which vested on 15 and 16 March 2022 has been calculated using the closing Share price on the London Stock Exchange on 11 March 2022 of £4.7965.

The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Noel Quinn
2 - Reason for the notification
Position/status						Group Chief Executive
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	21,504	£103,143.94
					Aggregated	£4.796	21,504	£103,143.94
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	10,107	£48,396.71
					Aggregated	£4.788	10,107	£48,396.71

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Colin Bell
2 - Reason for the notification
Position/status						Chief Executive, HSBC Bank plc and HSBC Europe
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	14,943	£71,674.10
					Aggregated	£4.796	14,943	£71,674.10
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	7,024	£33,633.97
					Aggregated	£4.788	7,024	£33,633.97

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Pam Kaur
2 - Reason for the notification
Position/status						Group Chief Risk and Compliance Officer
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	15,631	£74,974.09
					Aggregated	£4.796	15,631	£74,974.09
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	7,347	£35,180.63
					Aggregated	£4.788	7,347	£35,180.63

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						David Liao
2 - Reason for the notification
Position/status						Co-Chief Executive, Asia-Pacific - The Hongkong and Shanghai Banking Corporation Limited
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisitions under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	18,753	£89,948.76
					Aggregated	£4.796	18,753	£89,948.76
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.90	2,813	£13,794.45
					Aggregated	£4.904	2,813	£13,794.45

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Nuno Matos
2 - Reason for the notification
Position/status						Chief Executive, Wealth and Personal Banking
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
	Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	29,854	£143,194.71
					Aggregated	£4.796	29,854	£143,194.71
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	10,829	£51,853.96
					Aggregated	£4.788	10,829	£51,853.96

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Stephen Moss
2 - Reason for the notification
Position/status						Regional Chief Executive, Middle East, North Africa and Turkey
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	31,635	£151,737.28
					Aggregated	£4.796	31,635	£151,737.28
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	9,072	£43,440.68
					Aggregated	£4.788	9,072	£43,440.68
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	19,168	£91,939.31
					Aggregated	£4.796	19,168	£91,939.31
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.90	770	£3,775.94
					Aggregated	£4.904	770	£3,775.94

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Barry O'Byrne
2 - Reason for the notification
Position/status						Chief Executive, Global Commercial Banking
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	7,692	£36,894.68
					Aggregated	£4.796	7,692	£36,894.68
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	3,111	£14,896.82
					Aggregated	£4.788	3,111	£14,896.82

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Michael Roberts
2 - Reason for the notification
Position/status						Chief Executive, HSBC USA and Americas
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	43,943	£210,772.60
					Aggregated	£4.796	43,943	£210,772.60
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	22,433	£107,418.96
					Aggregated	£4.788	22,433	£107,418.96
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	46,879	£224,855.12
					Aggregated	£4.796	46,879	£224,855.12
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.90	23,932	£117,358.22
					Aggregated	£4.904	23,932	£117,358.22

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Surendra Rosha
2 - Reason for the notification
Position/status						Co-Chief Executive, Asia-Pacific - The Hongkong and Shanghai Banking Corporation Limited
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	20,298	£97,359.36
					Aggregated	£4.796	20,298	£97,359.36
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	3,045	£14,580.78
					Aggregated	£4.788	3,045	£14,580.78
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	23,395	£112,214.12
					Aggregated	£4.796	23,395	£112,214.12
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-16		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.90	3,510	£17,212.41
					Aggregated	£4.904	3,510	£17,212.41

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Ian Stuart
2 - Reason for the notification
Position/status						Chief Executive, HSBC UK Bank plc
Initial notification/amendment						Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity						HSBC Holdings plc
Legal Entity Identifier code						MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition under the HSBC Share Plan 2011					Price	Volume	Total
						£4.80	13,488	£64,695.19
					Aggregated	£4.796	13,488	£64,695.19
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2022-03-15		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£4.79	6,340	£30,358.68
					Aggregated	£4.788	6,340	£30,358.68

For any queries related to this notification, please contact:  

Bayo Adeyeye

Corporate Governance & Secretariat

[phone]

 

END

 

 

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