Savings Related Option Grant

RNS Number : 7782K

HSBC Holdings PLC

26 April 2010

 



The following is the text of an announcement released to The Stock Exchange of Hong Kong Limited on 26 April 2010 pursuant to rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited:

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

HSBC HOLDINGS PLC

GRANT OF SHARE OPTIONS

This announcement is made pursuant to rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

On 21 April 2010 HSBC Holdings plc granted share options ("Options") to employees to subscribe for a total of 22,017,216 ordinary shares of US$0.50 each of the Company under the savings-related share option plans adopted on 27 May 2005.  The following are the details of the grant:

Price at which the Options granted	Option Period	Number of shares under Option
GBP5.4573	1 year	4,855,376
	3 years	6,042,388
	5 years	2,871,133
EUR6.0657	1 year	216,485
	3 years	249,136
	5 years	90,182
HKD62.9770	1 year	3,017,668
	3 years	1,573,724
	5 years	565,737
USD8.1232	1 year	350,623
	3 years	1,236,768
	5 years	313,833
USD8.6309	1 year	634,163
Total number of options granted	1 year	9,074,315
	3 years	9,102,016
	5 years	3,840,885
		22,017,216
Closing price of the ordinary shares on the date of grant	₤6.82
Validity period of the Options	1 year, exercisable from 1 August 2011  to 31 Oct 2011 3 years, exercisable from 1 August 2013  to 31 Jan 2014 5 years, exercisable from 1 August 2015  to 31 Jan 2016

By Order of the Board

R G Barber

Group Company Secretary

26 April 2010

The Board of Directors of HSBC Holdings plc as at the date of this announcement are: S K Green, M F Geoghegan, S A Catz†, V H C Cheng, M K T Cheung†, J D Coombe†, J L Durán†, R A Fairhead†, D J Flint,

A A Flockhart, W K L Fung*, S T Gulliver, J W J Hughes-Hallett†, W S H Laidlaw†, J R Lomax†, Sir Mark Moody-Stuart†, G Morgan†, N R N Murthy†, S M Robertson†, J L Thornton† and Sir Brian Williamson†.

* Non-executive Director

† Independent non-executive Director

Hong Kong Stock Code: 5

 

END

 

 

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