HSBC HOLDINGS PLC
24 March 2026
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The following transactions of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company"), relates to the additional Shares being added to PDMRs' share plan interests through the allotment of dividend equivalents in relation to the fourth interim dividend for 2025. The awards took place on 20 March 2026 and the price per Share was £11.9768, being the average closing Share price of the five business days starting on 12 March 2026.
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Name |
Shares awarded |
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Richard Blackburn |
1,676 |
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Georges Elhedery |
19,815 |
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Pam Kaur |
11,555 |
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David Liao |
2,420 |
|
Barry O'Byrne |
2,681 |
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Stuart Riley |
4,231 |
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Michael Roberts |
4,029 |
|
Surendra Rosha |
2,528 |
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Suzanna White |
1,372 |
On 23 March 2026, Stuart Riley sold 117,653 Shares in the Company. The Shares were sold in London at £11.840854 per Share.
The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Georges Elhedery |
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2 - Reason for the notification |
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Position/status |
Group Chief Executive |
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Initial notification/amendment
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Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
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Price
|
Volume |
Total
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£11.98 |
19,815 |
£237,320.29 |
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Aggregated |
£11.977 |
19,815 |
£237,320.29 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Pam Kaur |
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2 - Reason for the notification |
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Position/status |
Group Chief Financial Officer |
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Initial notification/amendment
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Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
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Price
|
Volume |
Total
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£11.98 |
11,555 |
£138,391.92 |
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£11.977 |
11,555 |
£138,391.92 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Richard Blackburn |
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2 - Reason for the notification |
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Position/status |
Group Chief Risk and Compliance Officer |
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Initial notification/amendment
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Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
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Price
|
Volume |
Total
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£11.98 |
1,676 |
£20,073.12 |
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£11.977 |
1,676 |
£20,073.12 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
David Liao |
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2 - Reason for the notification |
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Position/status |
Co-Chief Executive, Asia and Middle East |
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Initial notification/amendment
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Initial Notification |
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
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Price
|
Volume |
Total
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£11.98 |
2,420 |
£28,983.86 |
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£11.977 |
2,420 |
£28,983.86 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Barry O'Byrne |
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2 - Reason for the notification |
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Position/status |
CEO, International Wealth and Premier Banking |
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Initial notification/amendment
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Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
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Price
|
Volume |
Total
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£11.98 |
2,681 |
£32,109.80 |
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£11.977 |
2,681 |
£32,109.80 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Stuart Riley |
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2 - Reason for the notification |
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Position/status |
Group Chief Information Officer |
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Initial notification/amendment
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Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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||||||||
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
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Price
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Volume |
Total
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£11.98 |
4,231 |
£50,673.84 |
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£11.977 |
4,231 |
£50,673.84 |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-23 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Disposal |
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Price
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Volume |
Total
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£11.84 |
117,653 |
£1,393,112.00 |
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Aggregated |
£11.841 |
117,653 |
£1,393,112.00 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Michael Roberts |
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2 - Reason for the notification |
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Position/status |
CEO, HSBC Bank plc and CEO, Corporate and Institutional Banking |
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Initial notification/amendment
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Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
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Price
|
Volume |
Total
|
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|
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£11.98 |
4,029 |
£48,254.53 |
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£11.977 |
4,029 |
£48,254.53 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Surendra Rosha |
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2 - Reason for the notification |
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Position/status |
Co-Chief Executive, Asia and Middle East |
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Initial notification/amendment
|
Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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|||||||
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Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
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|
2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
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|
Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
|
Price
|
Volume |
Total
|
|
|
|
|
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£11.98 |
2,528 |
£30,277.35 |
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£11.977 |
2,528 |
£30,277.35 |
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person |
Suzanna White |
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2 - Reason for the notification |
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Position/status |
Group Chief Operating Officer |
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Initial notification/amendment
|
Initial Notification
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3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|||||||
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Full name of the entity |
HSBC Holdings plc |
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Legal Entity Identifier code |
MLU0ZO3ML4LN2LL2TL39 |
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4 - Details of the transaction(s) |
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|||||||
|
Transaction(s) summary table |
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Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
|
|
|
2026-03-20 |
Ordinary shares of US$0.50 each |
GB0005405286 |
London Stock Exchange, Main Market (XLON) |
GBP - British Pound |
|
|
|
|
Nature of Transaction:
Dividend equivalents under the HSBC Share Plan 2011 |
|
Price
|
Volume |
Total
|
|
|
|
|
|
£11.98 |
1,372 |
£16,432.17 |
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||
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£11.977 |
1,372 |
£16,432.17 |
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For any queries related to this notification, please contact:
Lee Davis
Corporate Governance & Secretariat
shareholderquestions@hsbc.com