Director/PDMR Shareholding

RNS Number : 2827Z
HSBC Holdings PLC
13 March 2012
 



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


M M Moses, 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 transactions


(i) Acquisition of an interest in 350,152 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 121,582 shares arising from the 2012 deferred award of Restricted Shares under the HSBC Share Plan 2011. 50 per cent of the award is subject to a six-month retention period on vesting;

(iii) Acquisition of an interest in 40,527 shares arising from the 2012 non-deferred award of Restricted Shares under the HSBC Share Plan 2011; and

(iv) Disposal of an interest in 21,075 shares by the Trustee of the HSBC Share Plan 2011 who sold sufficient shares to meet the tax liability arising on the immediate vesting of the non-deferred award in (iii) above. The interest in the balance of 19,452 shares from the non-deferred award has been transferred to M M Moses as beneficial owner and must be retained for six months.

5

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


(i) 350,152

(ii) 121,582

(iii) 40,527

6

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


(iv) 21,075

7

Price per share or value of transaction


(i),(ii) and (iii) N/A

(iv) £5.5505

8

Date and place of transactions


12 March 2012, London

9

Date issuer informed of transactions


13 March 2012

10

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


Louisa Jenkinson, Senior Assistant Secretary, 020 7991 0593

11

Date of notification


13 March 2012

 


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