Director/PDMR Shareholding

HSBC Holdings PLC
09 May 2008



 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
                            AND/OR CONNECTED PERSONS

This notification relates to a transaction notified in accordance with DTR 3.1.2
R and 3.1.4 R (1)(a)


1      Name of the issuer

       HSBC Holdings plc

2      Name of the person discharging managerial responsibilities or, where 
       applicable, the name of the person connected with a person discharging 
       managerial responsibilities

       S W Newton, a person discharging managerial responsibilities and Sussex 
       Research Limited (corporation controlled by S W Newton)

3      Description of shares (including class), debentures, derivatives or any 
       other financial instruments relating to shares

       US$0.50 ordinary shares

4      State the nature of the transactions

          i)  Acquisition / scrip dividend

         ii)  Acquisition / scrip dividend by corporation controlled by director

5      Number of shares, derivatives or any other financial instruments 
       relating to shares acquired
          i)    142

         ii)    1,223

6      Number of shares, derivatives or any other financial instruments 
       relating to shares disposed

       N/A

7      Price per share or value of transactions

       US$16.4022

8      Date and place of transactions

       7 May 2008, London

9      Date issuer informed of transactions

       8 May 2008

10     Total holding following notification

       58,792

11     Name of duly authorised officer/official of issuer responsible for making 
       notification Nicola Black, Assistant Secretary, 020 7991 2652

12     Date of notification

       9 May 2008





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