Director/PDMR Shareholding

RNS Number : 3936Q
HSBC Holdings PLC
08 April 2009
 



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 K Green, a person discharging managerial responsibilities

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 transaction


In respect of the earnings per share and total shareholder return parts of the Performance Share award made on 6 March 2006 under the HSBC Share Plan:

  • 271,659 shares have been forfeited with effect from 8 April 2009; and

  • the Trustees have released 66,856 shares following partial vesting of the total shareholder return part of the award. The Trustees sold 27,410 of the released shares to meet the tax liability and transferred 39,446 shares to S K Green as beneficial owner.

5

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


Acquisition of 39,446 shares from the release of 2006 Performance Share award (TSR part) under the HSBC Share Plan. 

6

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


  • 271,659

  • 27,410

7

Price per share or value of transaction


  • N/A

  • £4.314841

8

Date and place of transaction


April 2009London

9

Date issuer informed of transaction


8 April 2009

10

Total holding following notification


2,470,149

11

Name of duly authorised officer/official of issuer responsible for making notification 


Nicola Black, Assistant Group Company Secretary, 020 7991 2652

12

Date of notification


8 April 2009



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