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HSBC Holdings PLC (HSBA)

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Tuesday 18 March, 2014

HSBC Holdings PLC

Director/PDMR Shareholding

RNS Number : 6150C
HSBC Holdings PLC
18 March 2014
 



NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND/OR CONNECTED PERSONS

 

This notification relates to a transaction notified in accordance with DTR 3.1.2 R and 3.1.4 R (1)(a)

 

1

Name of the issuer


HSBC Holdings plc

2

Name of the person discharging managerial responsibilities or, where applicable, the name of the person connected with a person discharging managerial responsibilities


Simon Cooper, a person discharging managerial responsibilities

3

Description of shares (including class), debentures, derivatives or any other financial instruments relating to shares


US$0.50 ordinary shares

4

State the nature of the transactions


i) Acquisition / scrip dividend on an award under the HSBC Share Plan.

ii) Under the HSBC Share Plan, an award of restricted shares was made in 2011 to Simon Cooper in respect of performance year 2010. 17,302 ordinary shares were allotted to Simon Cooper on 17/03/2014 upon the vesting of the third and final tranche of this award, subject to a 6 month retention period. Simon Cooper instructed the Trustees of the Plan to sell on his behalf 1,191 shares to meet the tax liability arising upon the vesting of this award. The interest in the balance of 16,111 shares has been transferred to Simon Cooper as beneficial owner.

5

Number of shares, derivatives or any other financial instruments relating to shares acquired


i) 309

6

Number of shares, derivatives or any other financial instruments relating to shares disposed


ii) 1,191

7

Price per share or value of transaction


i) US$10.4431

ii) £5.9768

8

Date and place of transactions


17 March 2014, London

9

Date issuer informed of transactions


17 March 2014

10

Name of duly authorised officer/official of issuer responsible for making notification


Elaine Williams, Deputy Company Secretary, 020 7991 2600

11

Date of notification


18 March 2014

 

 


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