Block Listing

RNS Number : 9131X
HSBC Holdings PLC
22 February 2012
 



 

HSBC HOLDINGS PLC

BLOCK LISTING

 

Application has been made to the Financial Services Authority and the London Stock Exchange for a block listing of 300,000,000 Ordinary Shares of US$0.50 each for issue under the HSBC Share Plan and the HSBC Share Plan  2011 (the "Plans"), to be admitted to the Official List and to trading upon issue.  The Shares will be issued to an employee benefit trust from time to time to satisfy the vesting of awards made to employees under the Plans.  The employee benefit trust has previously made market purchases of Shares to satisfy the vesting of awards. The issue of new Shares will create additional core tier 1 capital for HSBC Holdings plc.

The Shares will rank pari passu with the existing issued Ordinary Shares of the Company.

 

 

R G Barber

Group Company Secretary

22 February 2012

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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