Director/PDMR Shareholding

RNS Number : 6961J
HSBC Holdings PLC
01 April 2010
 



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 5 March 2007 under the HSBC Share Plan:

1) 348,568 shares have been forfeited; and

2) the Trustees have released 211,830 shares following partial vesting of the total shareholder return part of the award. The Trustees sold 86,851 shares to meet the tax liability and transferred 124,979 shares to S K Green as beneficial owner.

5

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


Acquisition of 124,979 shares from the partial vesting of 2007 Performance Share award under the HSBC Share Plan.

6

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


1) 348,568

2) 86,851

7

Price per share or value of transaction


1) N/A

2) £6.6658 (volume weighted average price)

8

Date and place of transaction


1) 31 March 2010, London

2) 31 March 2010 and 1 April 2010, London

9

Date issuer informed of transaction


1 April 2010

10

Total holding following notification


2,386,289

11

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


Louisa Jenkinson, Senior Assistant Secretary, 020 7991 0593

12

Date of notification


1 April 2010

 


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