(i) Acquisition of an interest in 64,239 shares arising from a conditional award of shares under the Group Performance Share Plan being the long-term incentive plan of the HSBC Share Plan 2011. (ii) Acquisition of an interest in 55,667 shares arising from a deferred award of Restricted Shares under the HSBC Share Plan 2011. (iii) Acquisition of an interest in 37,112 shares arising from a non-deferred award of Restricted Shares under the HSBC Share Plan 2011. The Trustees of the Plan sold 18,556 shares to meet the tax liability arising on the immediate vesting of this award. The interest in the balance of 18,556 shares has been transferred to J M Flint as beneficial owner and must be retained for six months. (iv) Release by the Trustees of 67,510 ordinary shares upon the partial vesting of Restricted Shares awarded previously to J M Flint. The Trustees of the Plan sold a total of 50,633 shares including 33,756 to meet the tax liability. 16,877 shares have been transferred to J M Flint as beneficial owner and must be retained for six months. |
