(i) Acquisition of an interest in 105,834 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 56,298 shares arising from a deferred award of Restricted Shares under the HSBC Share Plan 2011. (iii) Acquisition of an interest in 37,532 shares arising from a non-deferred award of Restricted Shares under the HSBC Share Plan 2011. The Trustees of the Plan sold 19,517 shares to meet the tax liability arising on the immediate vesting of this award. The interest in the balance of 18,015 shares has been transferred to A Almeida as beneficial owner and must be retained for six months. (iv) Release by the Trustees of 52,974 ordinary shares upon the partial vesting of Restricted Shares awarded previously to A Almeida. The Trustees of the Plan sold a total of 40,261 shares including 27,548 to meet the tax liability. 12,713 shares have been transferred to A Almeida as beneficial owner and must be retained for six months. |
