12 December 2017
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
On 11 December, awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted under the HSBC fixed pay allowance arrangements. Awards comprise part of the relevant employees' fixed remuneration for 2017. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 8 December of £7.3320.
The Awards vest in full on the date of grant. Individual tax liabilities in respect of the vesting of the Awards were satisfied in cash. The number of Shares received by the Directors named below is therefore net of tax.
The Award will be released in five equal annual instalments starting from March 2018.
Directors
Name |
Number of Shares vested |
Stuart Gulliver |
30,721 |
Iain Mackay |
17,167 |
Marc Moses |
17,167 |
In addition to the above, on 12 December 2017, Iain Mackay sold 177,069 Shares, 263 at £7.4763 per share and 176,806 at £7.4841 per share.
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1 - Details of the person discharging managerial responsibilities / person closely associated |
Name of natural person |
Stuart Gulliver |
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2 - Reason for the notification |
Position/status |
Group Chief Executive |
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Initial notification/amendment |
Initial Notification |
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
Transaction(s) summary table
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
2017-12-11 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction: Acquisition |
|
Price |
Volume |
Total |
£7.33 |
30,721 |
£225,246.37 |
Aggregated |
£7.332 |
30,721 |
£225,246.37 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
Name of natural person |
Iain Mackay |
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2 - Reason for the notification |
Position/status |
Group Finance Director |
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Initial notification/amendment |
Initial Notification |
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
Full name of the entity |
HSBC Holdings plc |
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|
Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
Transaction(s) summary table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
2017-12-11 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
|
Nature of Transaction: Acquisition |
|
Price |
Volume |
Total |
£7.33 |
17,167 |
£125,868.44 |
Aggregated |
£7.332 |
17,167 |
£125,868.44 |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
2017-12-12 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction: Disposal |
|
Price |
Volume |
Total |
£7.48 |
263 |
£1,966.27 |
£7.48 |
176,806 |
£1,323,233.78 |
Aggregated |
£7.484 |
177,069 |
£1,325,200.05 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
Name of natural person |
Marc Moses |
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2 - Reason for the notification |
Position/status |
Group Chief Risk Officer |
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Initial notification/amendment |
Initial Notification |
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
Full name of the entity |
HSBC Holdings plc |
|
|
Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
|
4 - Details of the transaction(s) |
Transaction(s) summary table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
2017-12-11 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
|
Nature of Transaction: Acquisition |
|
Price |
Volume |
Total |
£7.33 |
17,167 |
£125,868.44 |
Aggregated |
£7.332 |
17,167 |
£125,868.44 |
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For any queries related to this notification, please contact:
L Wilson
Shareholder Services Team
+44 (0)20 7991 0595