⌘K

/Equities/XLON/HSBA/RNS

HSBC - Redemption notice and listing cancellation

RNS Number : 3587K

HSBC Holdings PLC

04 May 2022

4 May 2022

HSBC HOLDINGS PLC

NOTICE OF REDEMPTION AND CANCELLATION OF LISTING

To the holders of:

SGD1,000,000,000 4.70% Perpetual Subordinated Contingent Convertible Securities
ISIN Code: XS1624509300
(the 'Securities')

Pursuant to Condition 6(c) of the terms and conditions of the Securities and paragraph 16 of the pricing supplement dated 6 June 2017 relating to the Securities (the 'Pricing Supplement'), notice is hereby irrevocably given to the holders of the Securities (the 'Securityholders') that on the Resettable Security Interest Payment Date (as defined in the Pricing Supplement) falling on 8 June 2022 (the 'Redemption Date') HSBC Holdings plc will exercise its option to redeem all of the outstanding Securities at SGD250,000 per Calculation Amount (as defined in the Pricing Supplement), together with accrued but unpaid interest from (and including) the Resettable Security Interest Payment Date falling on 8 December 2021 to (but excluding) the Redemption Date.

Securityholders should look to the relevant clearing systems through which their Securities are held for repayment.

The listing of the Securities on the Official List of the Irish Stock Exchange plc, trading as Euronext Dublin, and the admission of the Securities to trading on its Global Exchange Market will be cancelled on, or shortly after, 9 June 2022.

Investor enquiries to:
Greg Case +44 (0) 20 7992 3825 investorrelations@hsbc.com

Media enquiries to:

Ankit Patel +44 (0) 20 7991 9813 ankit.patel@hsbc.com

Notes to editors:

1. HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The HSBC Group serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$3,022bn at 31 March 2022, HSBC is one of the world's largest banking and financial services organisations.

2. The Board of Directors of HSBC Holdings plc as at the date of this announcement comprises: Mark Tucker*, Noel Quinn, Geraldine Buckingham^†, Rachel Duan^†, Carolyn Julie Fairbairn^†, James Anthony Forese^†, Steven Guggenheimer^† , José Antonio Meade Kuribreña^†, Eileen K Murray^†, David Nish^†, Ewen Stevenson and Jackson Tai^†.

* Non-executive Group Chairman
^† Independent non-executive Director

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBLGDUDDGDGDS

HSBC - Redemption notice and listing cancellation - HSBC Holdings PLC | RNS | Ticker