HSBC HOLDINGS PLC

5 December 2018

Notification of a Transaction by a Person Discharging Managerial Responsibilities ("PDMR")

On 4 December 2018, Iain Mackay sold 71,587 ordinary shares of US$0.50 (the "Shares"). The Shares were sold in London at £6.7428.

The following disclosure is 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				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
	2018-12-04	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal			Price	Volume	Total
				£6.74	71,587	£482,696.82
			Aggregated	£6.743	71,587	£482,696.82

For any queries related to this notification, please contact:

JJ Williams

Shareholder Services

020 3268 3568