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| Date | 11 Jan 2024 |
| Time | 13:00:00 |
| Category | Miscellaneous |
| ID | 4151Z |
The following is the text of an announcement released to the Stock Exchange of Hong Kong Limited on 11 January 2024 pursuant to rules 17.06A, 17.06B and 17.06C of the Rules Governing the Listing of 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.
11 January 2024
(Hong Kong Stock Code: 5)
HSBC HOLDINGS PLC
GRANT OF CONDITIONAL AWARDS
This announcement is made pursuant to Rules 17.06A, 17.06B and 17.06C of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
On 10 January 2024, HSBC Holdings plc (the "Company") granted conditional awards ("Awards") to employees to subscribe for a total of 523,984.52267 ordinary shares of US$0.50 each of the Company under the HSBC International Employee Share Purchase Plan (the "Plan").
The following are the details of the grants:
|
Grant date |
10 January 2024 |
|
Category of grantee |
Employees |
|
Number of shares under Awards |
257,294.62816 LSE listed shares 266,689.89451 HKSE listed shares |
|
Closing market price of the ordinary shares on the London Stock Exchange and the Hong Kong Stock Exchange on the date of grant |
GBP 6.3070 HK$ 62.900 |
|
Purchase price of Awards granted |
GBP 0 |
|
Vesting period of the Awards |
2 years and 9 months |
|
Performance Targets and Clawback |
Grants of Awards under the Plan do not have performance conditions or clawback provisions due to the all-employee nature of the Plan |
|
Arrangements for the Company or a subsidiary to provide financial assistance to the grantees |
None |
|
Number of shares available for future grant under the plan mandate |
The Plan is subject to a limit on the number of Shares committed to be issued under all Plan Awards: 10% of the ordinary share capital of the Company in issue immediately before that day, when added to the number of Shares which have been issued, or committed to be issued, to satisfy Awards under the Plan, or options or awards under any other employee share plan operated by the Company granted in the previous 10 years. The number of Shares available to issue under this limit is 1,069,779,243
|
For and on behalf of
Aileen Taylor
Group Company Secretary and Chief Governance Officer
As at the time of this announcement, the following are Directors of the Company: Mark Tucker*, Noel Quinn, Geraldine Buckingham†, Rachel Duan†, Georges Elhedery, Carolyn Julie Fairbairn†, James Anthony Forese†, Ann Godbehere†, Steven Guggenheimer†, José Antonio Meade Kuribreña†, Kalpana Morparia†, Eileen K Murray†, Brendan Nelson†, David Nish† and Swee Lian Teo†.
* Non-executive Group Chairman
† Independent non-executive Director
HSBC Holdings plc
Registered Office and Group Head Office:
8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com
Incorporated in England with limited liability. Registered in England: number 617987