Director/PDMR Shareholding

RNS Number : 7571R

HSBC Holdings PLC

13 December 2016

 

HSBC HOLDINGS PLC

13 December 2016

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

On 12 December, awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted under the HSBC fixed pay allowance arrangements. Awards comprise part of the relevant employees' fixed remuneration for 2016. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 9 December of £6.7380.

The Awards vest in full on the date of grant. Individual tax liabilities in respect of the vesting of the Awards were satisfied in cash. The number of Shares received by the Directors named below is therefore net of tax.

20 per cent of the Award is subject to retention until March 2017, with the remaining 80 per cent to be released annually thereafter in four equal tranches until 2021. 

Directors

Name	Number of Shares vested
Stuart Gulliver	33,429
Iain Mackay	18,680
Marc Moses	18,680

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person Stuart Gulliver

2 - Reason for the notification

Position/status Group Chief Executive Initial notification/amendment Initial Notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or       auction monitor

Full name of the entity HSBC Holdings plc Legal Entity Identifier code MLU0ZO3ML4LN2LL2TL39

4 - Details of the transaction(s)

Transaction(s) summary table Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2016-12-12 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction: Acquisition Price Volume Total £6.74 33,429 £225,244.60 Aggregated £6.738 33,429 £225,244.60

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person Iain Mackay

2 - Reason for the notification

Position/status Group Finance Director Initial notification/amendment Initial Notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or       auction monitor

Full name of the entity HSBC Holdings plc Legal Entity Identifier code MLU0ZO3ML4LN2LL2TL39

4 - Details of the transaction(s)

Transaction(s) summary table Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2016-12-12 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction: Acquisition Price Volume Total £6.74 18,680 £125,865.84 Aggregated £6.738 18,680 £125,865.84

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person Marc Moses

2 - Reason for the notification

Position/status Group Chief Risk Officer Initial notification/amendment Initial Notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or       auction monitor

Full name of the entity HSBC Holdings plc Legal Entity Identifier code MLU0ZO3ML4LN2LL2TL39

4 - Details of the transaction(s)

Transaction(s) summary table Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2016-12-12 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction: Acquisition Price Volume Total £6.74 18,680 £125,865.84 Aggregated £6.738 18,680 £125,865.84

For any queries related to this notification please contact: 

Lauren Brown

Shareholder Services Team

(0)20 7992 3761

 

END

 

 

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