Information  X 
Enter a valid email address

HSBC Bank PLC (78QL)

  Print   

Thursday 14 April, 2005

HSBC Bank PLC

Director Shareholding

HSBC Bank PLC
14 April 2005

                             Date of notification :14 April 2005


          NOTIFICATION OF DIRECTORS' SHARE INTERESTS IN HSBC BANK PLC


Interests in shares of HSBC Holdings plc ('the Company') arising under sections
324 and 328 of the Companies Act 1985.

Following the acquisition of CCF S.A. ('CCF') by HSBC Holdings plc, outstanding
options over CCF shares granted (for nil consideration) have vested. On exercise
of the options, the CCF shares issued are exchangeable for ordinary shares in
HSBC Holdings plc (HSBC shares) in the same ratio as for the acquisition of CCF
- 13 HSBC for 1 CCF share. The HSBC shares are to be provided through the HSBC
Employee Benefit Trust 2001 (No.1) (the Trust), the Trustee of which is HSBC
Trustee (C.I.) Limited.

Mr C-H Filippi, a director of HSBC Bank plc, currently holds options over 46,000
CCF shares which he is obliged, upon exercise, to exchange for 598,000 (46,000 x
13) HSBC shares.

As a beneficiary of the Trust, Mr Filippi also has a technical interest in all
of the HSBC shares held by the Trust (including the HSBC shares, which
correspond to his option over CCF shares, enumerated above) as follows:



HSBC Holdings plc - Ordinary Shares US$0.50 each
Date of transaction         Nature of transaction by the Trust                            Consideration
                            Transfer by Trust of:
11 April 2005*              9,750 HSBC shares to an individual exercising options over    13 HSBC shares
                            750 CCF shares                                                for each CCF share
12 April 2005*              13,000 HSBC shares to an individual exercising options over   13 HSBC shares
                            1,000 CCF shares                                              for each CCF share
13 April 2005*              6,500 HSBC shares to individuals exercising options over 500  13 HSBC shares
                            CCF shares                                                    for each CCF share
13 April 2005*              9,750 HSBC shares to an individual exercising options over    13 HSBC shares
                            750 CCF shares                                                for each CCF share



* Director made aware of transactions on 14 April 2005.

At 13 April 2005 the Trust held a total of 25,848,525 HSBC shares.



Robert Musgrove, Assistant Secretary

020 7992 1504


                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                                                                                                                                    

a d v e r t i s e m e n t