HSBC HOLDINGS PLC

23 November 2018

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with the PDMRs

The following transactions relating to dividends of US$0.50 ordinary shares (the "Shares") were made on 21 November 2018:

Directors

Name	Shares acquired/allocated	Price per Share/ADS
Kathleen Casey	23 American Depositary Shares (representing 115 ordinary shares of US$0.50 each)	US$41.2156¹
Henri de Castries	216	US$8.2430
John Flint	4,853	US$8.2430
Irene Lee	133	US$8.2430
Iain Mackay	16,775	US$8.2430
Heidi Miller	10 American Depositary Shares (representing 50 ordinary shares of US$0.50 each)	US$42.0768¹
Marc Moses	16,701	US$8.2430
Jonathan Symonds²	465 59	US$8.2430 US$8.2430
Mark Tucker	3,456	US$8.2430

¹American Depositary Shares ('ADS') are categorised as equity derivatives under Part XV of the Securities and Futures Ordinance of Hong Kong. Each ADS represents five HSBC Holdings plc ordinary shares. ADS are traded in New York.

²Jonathan Symonds acquisition via persons closely associated - details below.

Other PDMRs

Name	Shares acquired/allocated	Price per Share
Samir Assaf	12,914	US$8.2430
Peter Boyles	3,328 3,885	US$8.2430 £6.5497
Patrick Burke	3,608 4,637	US$8.2430 £6.5290
Andy Maguire	2,644	US$8.2430
Paulo Maia	2,672 5 3,231	US$8.2430 £6.5380 £6.5497
Charlie Nunn	843	US$8.2430
Noel Quinn	2,702	US$8.2430
Antonio Simoes	2,869	US$8.2430
Ian Stuart	1,014	US$8.2430
Peter Wong³	7,241 13,107 308	US$8.2430 £6.5497 US$8.2430

³Peter Wong's acquisition includes via persons closely associated - details below.

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				Kathleen Casey

2 - Reason for the notification

Position/status				Non-executive 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
	2018-11-21	American Depositary Shares ('ADS'). Each ADS represents five HSBC Holdings plc Ordinary shares of US$0.50 each	GB0005405286	Outside of a trading venue		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$41.22	23	US$947.96
			Aggregated	US$41.216	23	US$947.96

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

Name of natural person				Henri de Castries

2 - Reason for the notification

Position/status				Non-executive 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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	216	US$1,780.49
			Aggregated	US$8.243	216	US$1,780.49

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

Name of natural person				John Flint

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	4,853	US$40,003.28
			Aggregated	US$8.243	4,853	US$40,003.28

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

Name of natural person				Irene Lee

2 - Reason for the notification

Position/status				Non-executive 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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	133	US$1,096.32
			Aggregated	US$8.243	133	US$1,096.32

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	16,775	US$138,276.32
			Aggregated	US$8.243	16,775	US$138,276.32

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

Name of natural person				Heidi Miller

2 - Reason for the notification

Position/status				Non-executive 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
	2018-11-21	American Depositary Shares ('ADS'). Each ADS represents five HSBC Holdings plc Ordinary shares of US$0.50 each	GB0005405286	Outside a trading venue		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$42.08	10	US$420.77
			Aggregated	US$42.077	10	US$420.77

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	16,701	US$137,666.34
			Aggregated	US$8.243	16,701	US$137,666.34

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

Name of natural person				Jonathan Symonds

2 - Reason for the notification

Position/status				Zeneca Retirement Capital Plan, closely associated person of Jonathan Symonds, Deputy Group Chairman

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	465	US$3,833.00
			Aggregated	US$8.243	465	US$3,833.00

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

Name of natural person				Susan Symonds

2 - Reason for the notification

Position/status				Closely associated person of Jonathan Symonds, Group Deputy Chairman

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	59	US$486.34
			Aggregated	US$8.243	59	US$486.34

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

Name of natural person				Mark Tucker

2 - Reason for the notification

Position/status				Group Chairman

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	3,456	US$28,487.81
			Aggregated	US$8.243	3,456	US$28,487.81

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

Name of natural person				Samir Assaf

2 - Reason for the notification

Position/status				Chief Executive, 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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	12,914	US$106,450.10
			Aggregated	US$8.243	12,914	US$106,450.10

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

Name of natural person				Peter Boyles

2 - Reason for the notification

Position/status				Chief Executive of Global Private 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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	3,328	US$27,432.70
			Aggregated	US$8.243	3,328	US$27,432.70

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.55	3,885	£25,445.77
			Aggregated	£6.550	3,885	£25,445.77

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

Name of natural person				Patrick Burke

2 - Reason for the notification

Position/status				President and Chief Executive of HSBC US

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	3,608	US$29,740.74
			Aggregated	US$8.243	3,608	US$29,740.74

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.53	4,637	£30,274.97
			Aggregated	£6.529	4,637	£30,274.97

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

Name of natural person				Andy Maguire

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	2,644	US$21,794.49
			Aggregated	US$8.243	2,644	US$21,794.49

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

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	2,672	US$22,025.30
			Aggregated	US$8.243	2,672	US$22,025.30

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.54	5	£32.69
			Aggregated	£6.538	5	£32.69

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.55	3,231	£21,162.08
			Aggregated	£6.550	3,231	£21,162.08

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, Retail Banking and Wealth Management

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	843	US$6,948.85
			Aggregated	US$8.243	843	US$6,948.85

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

Name of natural person				Noel Quinn

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	2,702	US$22,272.59
			Aggregated	US$8.243	2,702	US$22,272.59

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

Name of natural person				Antonio Simoes

2 - Reason for the notification

Position/status				Group Managing 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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	2,869	US$23,649.17
			Aggregated	US$8.243	2,869	US$23,649.17

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

Name of natural person				Ian Stuart

2 - Reason for the notification

Position/status				Chief Executive, HSBC UK Bank plc

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	1,014	US$8,358.40
			Aggregated	US$8.243	1,014	US$8,358.40

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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	7,241	US$59,687.56
			Aggregated	US$8.243	7,241	US$59,687.56

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.55	13,107	£85,846.92
			Aggregated	£6.550	13,107	£85,846.56

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

Name of natural person				Camay Wong

2 - Reason for the notification

Position/status				Closely associated person of Peter Wong, 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
	2018-11-21	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume	Total
	Acquisition			US$8.24	308	US$2,538.84
			Aggregated	US$8.243	308	US$2,538.84

For any queries related to this notification, please contact:

JJ Williams

Shareholder Services

020 3268 3568