Holding(s) in Company
HSBC Holdings PLC
16 April 2007
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):
HSBC Holdings plc
2. Reason for the notification:
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation (iii):
1. Singularis Holdings Limited;
2. AWAL Trust Company Limited; and
3. Maan Abdulwahed Al-Sanea.
4. Full name of shareholder(s) (if different from 3.) (iv):
1. LBPB Nominees Limited;
2. Daiwa Securities SMBC Europe Limited;
3. Vidacos Nominees Limited;
4. James Capel (Channel Islands Nominees) Ltd; and
5. HSBC Global Custody Nominees (UK) Limited.
5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
16 April 2007
6. Date on which issuer notified:
16 April 2007
7. Threshold(s) that is/are crossed or reached:
3%
8. Notified details
A: Voting rights attached to shares
Class/type of shares if possible Situation previous to the Triggering transaction (vi)
using the ISIN CODE
Number of shares Number of voting Rights (viii)
Ordinary Below 3% Below 3%
ISIN Code:
GB0005405286
Resulting situation after the triggering transaction (vii)
Class/type of shares if Number of shares Number of voting rights (ix) % of voting rights
possible using the ISIN CODE
Direct Direct (x) Indirect (xi) Direct Indirect
Ordinary Nil Nil 360,055,575 Nil 3.11%
ISIN Code:
GB0005405286
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Date (xiii) Exercise/Conversion Number of voting rights % of voting rights
financial Period/ Date (xiv) that may be acquired if the
instrument instrument is exercised/
converted.
Total (A+B)
Number of voting rights % of voting rights
360,055,575 3.11%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):
Singularis Holdings Limited ("SHL") indirectly holds 360,000,000
(3.10%) HSBC shares through LBPB Nominees Limited, Daiwa Securities SMBC Europe
Limited and Vidacos Nominees Limited. SHL and another entity that holds 30,000
HSBC shares (see section 13 below) are, respectively, wholly owned and 94.72%
owned, by AWAL Trust Company Limited ("ATCL") as trustee of the
Saad STAR Trust (the "Trust"). ATCL is therefore subject to a
notification obligation pursuant to DTR 5.2.1(e) as a "parent
undertaking" of the entities. The Settlor of the Trust is Maan
Abdulwahed Al-Sanea. Provisions within the trust deed for the Trust bring Maan
Abdulwahed Al-Sanea within the definition of "parent undertaking"
in respect of SHL and in respect of other entities that collectively
hold 50,000 HSBC shares.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
ATCL indirectly holds in total 360,030,000 HSBC shares by virtue of being a
"parent undertaking" of SHL which holds 360,000,000 HSBC shares
and another entity that holds 30,000 HSBC shares.
MAS indirectly holds in total 360,055,575 HSBC shares consisting of 360,050,000
HSBC shares that are attributable to him as a "parent undertaking"
of SHL and other entities (see section 9 above) and 5,575 shares in
HSBC Holdings Plc that he holds in a personal capacity indirectly through James
Capel (Channel Islands Nominees) Ltd.
14. Name of contact and telephone number for queries
Christopher C. Hart
Tel: +41 22 715 0303
Annex Notification of Major Interest in Shares
A: Identity of the person or legal entity subject to the notification obligation
Full name:
1. Singularis Holdings Limited;
2. AWAL Trust Company Limited; and
3. Maan Abdulwahed Al-Sanea.
Contact address:
PO Box 309 GT, Ugland House, South Church Street, George Town, Grand Cayman,
Cayman Islands.
Phone Number:
+1 345 949 8066
Other Useful Information:
B: Identity of the notifier, if applicable
Full Name:
Christopher C Hart
Contact Address
Saad Financial Services S.A
80 rue de Lausanne
1202 Geneve
Switzerland
Phone Number
+41 22 715 0303
Other useful information
Saad Financial Services S.A acts as Singularis Holdings Limited's
investment advisor.
15. Name and signature of duly authorised officer of the listed company
responsible for making this notification
Paul Stafford, Deputy Group Company Secretary
Tel: 0207 992 1509
16. Date of notification
16 April 2007
Notes to the Forms
(i) This form is to be sent to the issuer or underlying issuer and to be filed
with the competent authority.
(ii) Either the full name of the legal entity or another method for identifying
the issuer or underlying issuer, provided it is reliable and accurate.
(iii) This should be the full name of (a) the shareholder; (b) the person
acquiring, disposing of or exercising voting rights in the cases provided for in
DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in
DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments
entitled to acquire shares already issued to which voting rights are attached,
as appropriate.
In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the
following list is provided as indication of the persons who should be mentioned:
- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the
voting rights and is entitled to exercise them under the agreement and the
natural person or legal entity who is transferring temporarily for consideration
the voting rights;
- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the
collateral, provided the person or entity controls the voting rights and
declares its intention of exercising them, and person lodging the collateral
under these conditions;
- in the circumstances foreseen in DTR5.2.1(d), the person who has a life
interest in shares if that person is entitled to exercise the voting rights
attached to the shares and the person who is disposing of the voting rights when
the life interest is created;
- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and,
provided it has a notification duty at an individual level under DTR 5.1, under
DTR5.2.1 (a) to (d) or under a combination of any of those situations, the
controlled undertaking;
- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the
shares, if he can exercise the voting rights attached to the shares deposited
with him at his discretion, and the depositor of the shares allowing the deposit
taker to exercise the voting rights at his discretion;
- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the
voting rights;
- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can
exercise the voting rights at his discretion, and the shareholder who has given
his proxy to the proxy holder allowing the latter to exercise the voting rights
at his discretion.
(iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should
be the full name of the shareholder who is the counterparty to the natural
person or legal entity referred to in DTR5.2.
(v) The date of the transaction should normally be, in the case of an on
exchange transaction, the date on which the matching of orders occurs; in the
case of an off exchange transaction, date of the entering into an agreement.
The date on which threshold is crossed should normally be the date on which the
acquisition, disposal or possibility to exercise voting rights takes effect (see
DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took
effect.
(vi) Please refer to the situation disclosed in the previous notification, In
case the situation previous to the triggering transaction was below 3%, please
state [?c=8216]below 3%[?c=8217].
(vii) If the holding has fallen below the minimum threshold , the notifying
party should not be obliged to disclose the extent of the holding, only that the
new holding is less than 3%.
For the case provided for in DTR5.2.1(a), there should be no disclosure of
individual holdings per party to the agreement unless a party individually
crosses or reaches an Article 9 threshold. This applies upon entering into,
introducing changes to or terminating an agreement.
(viii) Direct and indirect
(ix) In case of combined holdings of shares with voting rights attached
[?c=8216]direct holding[?c=8217] and voting rights [?c=8216]indirect holdings
[?c=8217], please split the voting rights number and percentage into the direct
and indirect columns-if there is no combined holdings, please leave the relevant
box blank.
(x) Voting rights to shares in respect of which the notifying party is a direct
shareholder (DTR 5.1)
(xi) Voting rights held by the notifying party as an indirect shareholder (DTR
5.2.1)
(xii) If the holding has fallen below the minimum threshold, the notifying
party should not be obliged to disclose the extent of the holding, only that the
new holding is below 3%.
(xiii) date of maturity / expiration of the finical instrument i.e. the date
when the right to acquire shares ends.
(xiv) If the financial instrument has such a period-please specify the period-
for example once every three months starting from the (date)
(xv) The notification should include the name(s) of the controlled undertakings
through which the voting rights are held. The notification should also include
the amount of voting rights and the percentage held by each controlled
undertaking, insofar as individually the controlled undertaking holds 5% or
more, and insofar as the notification by the parent undertaking is intended to
cover the notification obligations of the controlled undertaking.
(xvi ) This annex is only to be filed with the competent authority.
(xvii) Whenever another person makes the notification on behalf of the
shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3
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