Savings Related Options Grant

RNS Number : 6562O

HSBC Holdings PLC

23 September 2013

 



The following is the text of an announcement released to The Stock Exchange of Hong Kong Limited on
23 September 2013 pursuant to rule 17.06A of the Rules Governing the Listing 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 document, 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 document.

23 September 2013

(Hong Kong Stock Code: 5)

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 20 September 2013 HSBC Holdings plc (the "Company") granted share options ("Options") to employees to subscribe for a total of 8,679,304 ordinary shares of US$0.50 each of the Company under the savings-related share option plan 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
GBP 5.4738	3 years	6,676,966
	5 years	2,002,338
Total number of options granted	8,679,304
Closing price of the ordinary shares on the date of grant	GBP6.892
Validity period of the Options	3 years, exercisable from 1 November 2016 to 1 May 2017 5 years, exercisable from 1 November 2018 to 1 May 2019

There were no options granted to any director of the Company.

By Order of the Board

Ben J S Mathews

Group Company Secretary

The Board of Directors of HSBC Holdings plc as at the date of this announcement are: D J Flint, S T Gulliver,
S A Catz†, L M L Cha†, M K T Cheung†, J D Coombe†, Sir Jonathan Evans†, J Faber†, R A Fairhead†,
R Fassbind†, J W J Hughes-Hallett†, W S H Laidlaw†, J P Lipsky†, J R Lomax†, I J Mackay
and Sir Simon Robertson†.

^† Independent non-executive Director

 

END

 

 

MSCBDGDCUUDBGXX