Director/PDMR Shareholding

RNS Number : 6508S

HSBC Holdings PLC

12 March 2019

 

HSBC HOLDINGS PLC

12 March 2019

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

1.   Group Performance Share Plan awards (Performance Year 2013) 

Deferred awards under the Group Performance Share Plan ("GPSP Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2014 as a part of variable pay for the performance year ended 31 December 2013.

The GPSP Awards vested on 11 March 2019. The Shares must be retained while the individual is employed by HSBC. The GPSP Awards were determined by assessing performance against financial and non-financial metrics, as detailed in the Directors' Remuneration Report in the Annual Report and Accounts 2013.

Directors

Name	Additional Shares issued in lieu of the 2018 4th interim dividend1	Total number of Shares vested	Number of Shares sold at £6.2636 per Share2
John Flint	3,955	159,197	74,823
Marc Moses	11,823	475,857	223,653

Other PDMRs

Name	Additional Shares issued in lieu of the 2018 4th interim dividend1	Total number of Shares vested	Number of Shares sold at £6.2636 per Share2
Samir Assaf	17,633	709,649	333,536
Peter Wong	9,067	364,930	54,740

¹ At US$8.2417 per Share, being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 21 and 27 February 2019, converted into USD. 

² Includes shares sold to cover withholding tax. 

2.   Group Performance Share awards (Performance Year 2013)

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2014 as a part of variable pay for the performance year ended 31 December 2013.

The Awards vested on 11 March 2019 and the following transactions took place in London.

Other PDMRs

Name	Additional Shares issued in lieu of the 2018 4th interim dividend1	Total number of Shares vested	Number of Shares sold at £6.2636 per Share2
Patrick Burke	1,481	59,610	59,610
Paulo Maia	733	29,488	11,391
Noel Quinn	1,481	59,583	18,295
Antonio Simoes	1,601	64,418	30,277

¹  At US$8.2417 per Share, being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 21 and 27 February 2019, converted into USD. 

² Includes shares sold to cover withholding tax.

3.   Annual Incentive awards (Performance Year 2017)

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

On 11 March 2019, the first tranche of the Awards granted in 2018 vested and the following transactions took place in London.

Other PDMRs

Name	Total number of Shares vested	Number of Shares sold at £6.2636 per Share1
Patrick Burke	20,950	11,150
Paulo Maia	10,145	3,551
Charlie Nunn	9,807	4,610
Peter Wong	22,809	3,422

¹  Includes shares sold to cover withholding tax.

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
Name of natural person						John Flint
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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction: Acquisition					Price	Volume	Total
						US$8.24	3,955	US$32,595.92
					Aggregated	US$8.242	3,955	US$32,595.92
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume	Total
						£6.24	159,197	£993,389.28
					Aggregated	£6.24	159,197	£993,389.28
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£6.26	74,823	£468,661.34
					Aggregated	£6.264	74,823	£468,661.34

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Marc Moses
2 - Reason for the notification
Position/status						Group Chief Risk 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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)			USD - United States Dollar
	Nature of Transaction: Acquisition					Price		Volume	Total
						US$8.24		11,823	US$97,441.62
					Aggregated	US$8.242		11,823	US$97,441.62
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume		Total
						£6.24	475,857		£2,969,347.68
					Aggregated	£6.24	475,857		£2,969,347.68
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume		Total
						£6.26	223,653		£1,400,872.93
					Aggregated	£6.264	223,653		£1,400,872.93

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Samir Assaf
2 - Reason for the notification
Position/status						Chief Executive, Global Banking and Markets
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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)			USD - United States Dollar
	Nature of Transaction: Acquisition					Price		Volume	Total
						US$8.24		17,633	US$145,325.90
					Aggregated	US$8.242		17,633	US$145,325.90
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume		Total
						£6.24	709,649		£4,428,209.76
					Aggregated	£6.24	709,649		£4,428,209.76
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume		Total
						£6.26	333,536		£2,089,136.09
					Aggregated	£6.264	333,536		£2,089,136.09

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Patrick Burke
2 - Reason for the notification
Position/status						President and Chief Executive of HSBC US
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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction: Acquisition					Price	Volume	Total
						US$8.24	1,481	US$12,205.96
					Aggregated	US$8.242	1,481	US$12,205.96
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume	Total
						£6.24	80,560	£502,694.40
					Aggregated	£6.24	80,560	£502,694.40
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£6.26	70,760	£443,212.34
					Aggregated	£6.264	70,760	£443,212.34

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Paulo Maia
2 - Reason for the notification
Position/status						Chief Executive, Latin America
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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)			USD - United States Dollar
	Nature of Transaction: Acquisition					Price		Volume	Total
						US$8.24		733	US$6,041.17
					Aggregated	US$8.242		733	US$6,041.17
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume		Total
						£6.24	39,633		£247,309.92
					Aggregated	£6.24	39,633		£247,309.92
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume		Total
						£6.26	14,942		£93,590.71
					Aggregated	£6.264	14,942		£93,590.71

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person					Charlie Nunn
2 - Reason for the notification
Position/status					Chief Executive, Retail Banking and Wealth Management
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
	2019-03-11		Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition				Price	Volume	Total
					£6.24	9,807	£61,195.68
				Aggregated	£6.24	9,807	£61,195.68
	Date of Transaction		Financial Instrument	Identification Code	Place of Transaction		Currency
	2019-03-11		Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal				Price	Volume	Total
					£6.26	4,610	£28,875.20
				Aggregated	£6.264	4,610	£28,875.20

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Noel Quinn
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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction: Acquisition					Price	Volume	Total
						US$8.24	1,481	US$12,205.96
					Aggregated	US$8.242	1,481	US$12,205.96
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume	Total
						£6.24	59,583	£371,797.92
					Aggregated	£6.24	59,583	£371,797.92
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction		Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume	Total
						£6.26	18,295	£114,592.56
					Aggregated	£6.264	18,295	£114,592.56

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Antonio Simoes
2 - Reason for the notification
Position/status						Chief Executive, Global Private 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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)			USD - United States Dollar
	Nature of Transaction: Acquisition					Price		Volume	Total
						US$8.24		1,601	US$13,194.96
					Aggregated	US$8.242		1,601	US$13,194.96
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume		Total
						£6.24	64,418		£401,968.32
					Aggregated	£6.24	64,418		£401,968.32
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume		Total
						£6.26	30,277		£189,643.02
					Aggregated	£6.264	30,277		£189,643.02

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person						Peter Wong
2 - Reason for the notification
Position/status						Deputy Chairman and Chief Executive, 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
	2019-03-11			Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)			USD - United States Dollar
	Nature of Transaction: Acquisition					Price		Volume	Total
						US$8.24		9,067	US$74,727.49
					Aggregated	US$8.242		9,067	US$74,727.49
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Acquisition					Price	Volume		Total
						£6.24	387,739		£2,419,491.36
					Aggregated	£6.24	387,739		£2,419,491.36
	Date of Transaction		Financial Instrument		Identification Code	Place of Transaction			Currency
	2019-03-11		Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction: Disposal					Price	Volume		Total
						£6.26	58,162		£364,303.50
					Aggregated	£6.264	58,162		£364,303.50

For any queries related to this notification, please contact: 

Larissa Wilson

Shareholder Services 

020 7991 0595

 

END

 

 

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