Director/PDMR Shareholding

RNS Number : 8283F
HSBC Holdings PLC
11 March 2020
 

 

 

 

HSBC HOLDINGS PLC

 

11 March 2020

 

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

 

1.  Group Performance Share Plan awards (Performance Year 2014)  

Deferred awards under the Group Performance Share Plan ("GPSP Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2015 as a part of variable pay for the performance year ended 31 December 2014.

The GPSP Awards vested on 10 March 2020 and the following transactions took place in London. The Shares must be retained while the individual is employed by HSBC. The GPSP Awards were determined by assessing performance against financial and non-financial metrics, as detailed in the Directors' Remuneration Report in the Annual Report and Accounts 2014.

Other PDMRs

Name

Additional Shares issued in lieu of the 2019 4th interim dividend1

Total number of Shares vested

 Number of Shares sold at £4.818732 per Share2

Pam Kaur

 

607

 

19,770

 

9,292

Peter Wong

 

1,517

 

49,452

 

7,418

 

1   At US$6.6338 per Share, being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 27 February and 4 March 2020, converted into USD.  

2 Includes shares sold to cover withholding tax.  

 

 

2.  Group Performance Share awards (Performance Year 2014)

 

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2015 as a part of variable pay for the performance year ended 31 December 2014.

The Awards vested on 10 March 2020 and the following transactions took place in London.

Directors

Name

Additional Shares issued in lieu of the 2019 4th interim dividend1

Total number of Shares vested

 Number of Shares sold at £4.818732 per Share2

Noel Quinn

 

639

 

20,838

 

8,237

 

 

 

Other PDMRs

Name

Additional Shares issued in lieu of the 2019 4th interim dividend1

Total number of Shares vested

 Number of Shares sold at £4.818732 per Share2

Paulo Maia

 

381

 

12,412

 

4,436

Stephen Moss

 

581

 

18,925

 

8,895

Charlie Nunn

 

372

 

12,124

 

5,699

 

1   At US$6.6338 per Share, being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 27 February and 4 March 2020, converted into USD.  

2 Includes shares sold to cover withholding tax .

 

 

3.  Annual Incentive awards (Performance Year 2018)

 

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc were granted in 2019 as a part of variable pay for the performance year ended 31 December 2018.

On 10 March 2020, the first tranche of the Awards granted in 2019 vested and the following transactions took place in London.

Other PDMRs

Name

Total number of Shares vested

 

Number of Shares sold at £4.818732 per Share1

Georges Elhedery

17,193

 

7,226

Greg Guyett

33,327

 

15,664

Paulo Maia

12,420

 

4,348

Stephen Moss

17,082

 

8,029

Barry O'Byrne

9,754

 

4,585

Peter Wong

33,436

 

5,016

 

1   Includes shares sold to cover withholding tax .

 

The vesting price for all awards is based on the closing Share price on the London Stock Exchange on 9 March 2020 of £4.7000.

 

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

Noel Quinn

 

 

 

 

2 - Reason for the notification

 

Position/status

Interim 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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

 

 

Nature of Transaction:

 

Acquisition

 

Price

 

Volume

Total

 

 

 

 

US$6.63

639

US$4,239.00

 

 

Aggregated

US$6.634

639

US$4,239.00

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisition under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

20,838

£97,938.60

 

 

Aggregated

£4.70

20,838

£97,938.60

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

8,237

£39,691.90

 

 

Aggregated

£4.819

8,237

£39,691.90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                   

 

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

 

Name of natural person

Georges Elhedery

 

 

 

 

2 - Reason for the notification

 

Position/status

Co-Head of Global Banking and Markets

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisition under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

17,193

£80,807.10

 

 

Aggregated

£4.70

17,193

£80,807.10

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

7,226

£34,820.16

 

 

Aggregated

£4.819

7,226

£34,820.16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                 

 

 

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

 

Name of natural person

Greg Guyett

 

 

 

 

2 - Reason for the notification

 

Position/status

Co-Head of Global Banking and Markets

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisition under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

33,327

£156,636.90

 

 

Aggregated

£4.70

33,327

£156,636.90

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

15,664

£75,480.62

 

 

Aggregated

£4.819

15,664

£75,480.62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                 

 

 

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

 

Name of natural person

Pam Kaur

 

 

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

 

 

Nature of Transaction:

 

Acquisition

 

Price

 

Volume

Total

 

 

 

 

US$6.63

607

US$4,026.72

 

 

Aggregated

US$6.634

607

US$4,026.72

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisition under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

19,770

£92,919.00

 

 

Aggregated

£4.70

19,770

£92,919.00

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

9,292

£44,775.66

 

 

Aggregated

£4.819

9,292

£44,775.66

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                   

 

 

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

 

Name of natural person

Paulo Maia

 

 

 

 

2 - Reason for the notification

 

Position/status

Chief Executive, Latin America, HSBC and Executive Chairman, HSBC Mexico

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

 

 

Nature of Transaction:

 

Acquisition

 

Price

 

Volume

Total

 

 

 

 

US$6.63

381

US$2,527.48

 

 

Aggregated

US$6.634

381

US$2,527.48

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisitions under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

24,832

£116,710.40

 

 

Aggregated

£4.70

24,832

£116,710.40

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

8,784

£42,327.74

 

 

Aggregated

£4.819

8,784

£42,327.74

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                   

 

 

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

 

Name of natural person

Stephen Moss

 

 

 

 

2 - Reason for the notification

 

Position/status

Regional Chief Executive for Europe; the Middle East, North Africa and Turkey; Latin America; and Canada

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

 

 

Nature of Transaction:

 

Acquisition

 

Price

 

Volume

Total

 

 

 

 

US$6.63

581

US$3,854.24

 

 

Aggregated

US$6.634

581

US$3,854.24

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisition under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

36,007

£169,232.90

 

 

Aggregated

£4.70

36,007

£169,232.90

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

16,924

£81,552.22

 

 

Aggregated

£4.819

16,924

£81,552.22

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                   

 

 

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

 

Name of natural person

Charlie Nunn

 

 

 

 

2 - Reason for the notification

 

Position/status

Chief Executive, Wealth and Personal Banking

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

 

 

Nature of Transaction:

 

Acquisition

 

Price

 

Volume

Total

 

 

 

 

US$6.63

372

US$2,467.77

 

 

Aggregated

US$6.634

372

US$2,467.77

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisition under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

12,124

£56,982.80

 

 

Aggregated

£4.70

12,124

£56,982.80

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

5,699

£27,461.95

 

 

Aggregated

£4.819

5,699

£27,461.95

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                   

 

 

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

 

Name of natural person

Barry O'Byrne

 

 

 

 

2 - Reason for the notification

 

Position/status

Chief Executive, Global Commercial Banking

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisition under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

9,754

£45,843.80

 

 

Aggregated

£4.70

9,754

£45,843.80

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

4,585

£22,093.89

 

 

Aggregated

£4.819

4,585

£22,093.89

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                 

 

 

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

 

Name of natural person

Peter Wong

 

 

 

 

2 - Reason for the notification

 

Position/status

Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited

 

 

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

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

 

 

Nature of Transaction:

 

Acquisition

 

Price

 

Volume

Total

 

 

 

 

US$6.63

1,517

US$10,063.47

 

 

Aggregated

US$6.634

1,517

US$10,063.47

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Acquisitions under the HSBC Share Plan 2011

 

Price

 

Volume

Total

 

 

 

 

£4.70

82,888

£389,573.60

 

 

Aggregated

£4.70

82,888

£389,573.60

 

 

 

 

 

 

 

 

 

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

 

 

2020-03-10

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

 

 

Nature of Transaction:

 

Disposal

 

Price

 

Volume

Total

 

 

 

 

£4.82

12,434

£59,916.11

 

 

Aggregated

£4.819

12,434

£59,916.11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                   

 

 

For any queries related to this notification, please contact:  

 

Larissa Wilson

Shareholder Services 

020 7991 0595


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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