Director/PDMR Shareholding

Summary by AI ^BETAClose X

HSBC Holdings plc announced that deferred awards in ordinary shares vested on March 11 and 12, 2026. Several Persons Discharging Managerial Responsibilities (PDMRs) had portions of their awards vest, with some selling shares to cover withholding tax. For instance, Stuart Riley had 49,805 shares vest and sold 23,409 at £12.698495 per share, while Michael Roberts had 21,084 shares vest and sold 10,764 at the same price. Richard Blackburn had 9,408 shares vest on March 12, 2026, selling 4,422 at £11.973259 per share. The value of vested awards was calculated using the closing share price of £12.80 on March 10, 2026.

Disclaimer*

HSBC Holdings PLC

13 March 2026

HSBC HOLDINGS PLC

13 March 2026

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

Deferred awards (the "Awards") in ordinary shares of US$0.50 each (the "Shares") in HSBC Holdings plc (the "Company") vested on 11 and 12 March 2026.

1. Annual Incentive awards (Performance Year 2023)

Awards of Shares in the Company were granted in 2024 as a part of variable pay for the performance year ended 31 December 2023.

On 11 March 2026, tranches of the Awards granted in 2024 vested and the following transactions took place in London:

Name	Total number of Shares vested	Number of Shares sold at £12.698495 per Share¹
David Liao	10,785	-
Stuart Riley	49,805	23,409
Michael Roberts	21,084	10,764
Surendra Rosha	11,177	-
Suzanna White	15,231	6,955

¹ Represents shares sold to cover withholding tax.

2. Annual Incentive awards (Performance Year 2024)

Awards of Shares in the Company were granted in 2025 as a part of variable pay for the performance year ended 31 December 2024.

On 12 March 2026, tranches of the Awards granted in 2025 vested and the following transactions took place in London:

Name	Total number of Shares vested	Number of Shares sold at £11.973259 per Share¹
Richard Blackburn	9,408	4,422
David Liao	6,706	-
Michael Roberts	17,553	8,961
Surendra Rosha	7,368	-
Suzanna White	5,334	2,507

¹ Represents shares sold to cover withholding tax.

For the purpose of the below disclosures, the value of the Awards which vested on 11 and 12 March 2026 has been calculated using the closing Share price on the London Stock Exchange on 10 March 2026 of £12.80.

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

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

Name of natural person				Richard Blackburn

2 - Reason for the notification

Position/status				Group Chief Risk and Compliance 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)

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	9,408	£120,422.40
			Aggregated	£12.80	9,408	£120,422.40

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal			Price	Volume	Total
				£11.97	4,422	£52,945.75
			Aggregated	£11.973	4,422	£52,945.75

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

Name of natural person				David Liao

2 - Reason for the notification

Position/status				Co-Chief Executive, Asia and Middle East

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
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	10,785	£138,048.00
			Aggregated	£12.80	10,785	£138,048.00

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	6,706	£85,836.80
			Aggregated	£12.80	6,706	£85,836.80

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

Name of natural person				Stuart Riley

2 - Reason for the notification

Position/status				Group Chief Information 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
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	49,805	£637,504.00
			Aggregated	£12.80	49,805	£637,504.00

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal			Price	Volume	Total
				£12.70	23,409	£297,259.07
			Aggregated	£12.698	23,409	£297,259.07

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

Name of natural person				Michael Roberts

2 - Reason for the notification

Position/status				Chief Executive, HSBC Bank plc and Corporate and Institutional 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
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	21,084	£269,875.20
			Aggregated	£12.80	21,084	£269,875.20

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal			Price	Volume	Total
				£12.70	10,764	£136,686.60
			Aggregated	£12.698	10,764	£136,686.60

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	17,553	£224,678.40
			Aggregated	£12.80	17,553	£224,678.40

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal			Price	Volume	Total
				£11.97	8,961	£107,292.37
			Aggregated	£11.973	8,961	£107,292.37

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

Name of natural person				Surendra Rosha

2 - Reason for the notification

Position/status				Co-Chief Executive, Asia and Middle East

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
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	11,177	£143,065.60
			Aggregated	£12.80	11,177	£143,065.60

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	7,368	£94,310.40
			Aggregated	£12.80	7,368	£94,310.40

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

Name of natural person				Suzanna White

2 - Reason for the notification

Position/status				Group Chief Operating 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
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	15,231	£194,956.80
			Aggregated	£12.80	15,231	£194,956.80

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-11	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal			Price	Volume	Total
				£12.70	6,955	£88,318.03
			Aggregated	£12.698	6,955	£88,318.03

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Vestings under the HSBC Share Plan 2011			Price	Volume	Total
				£12.80	5,334	£68,275.20
			Aggregated	£12.80	5,334	£68,275.20

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2025-03-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal			Price	Volume	Total
				£11.97	2,507	£30,016.96
			Aggregated	£11.973	2,507	£30,016.96

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