HSBC HOLDINGS PLC
16 August 2016
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
On 15 August, awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted under the HSBC fixed pay allowance arrangements. Awards comprise part of the relevant employees' fixed remuneration for 2016. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 12 August of £5.4500.
The Awards vest in full on the date of grant. Individual tax liabilities in respect of the vesting of the Awards were satisfied in cash. The number of Shares received by the Directors and other PDMRs named below is therefore net of tax.
In relation to Directors, 20 per cent of the Award is subject to retention until March 2017, with the remaining 80 per cent to be released annually thereafter in four equal tranches until 2021. In respect of the other PDMRs, 40 per cent of the Award is subject to retention until March 2017, with the remaining 60 per cent to be released annually thereafter in three equal tranches until 2020.
Directors
| Name | Number of Shares vested |
| Stuart Gulliver | 41,329 |
| Iain Mackay | 23,095 |
| Marc Moses | 23,095 |
Other PDMRs
| Name | Number of Shares vested |
| Samir Assaf | 61,411 |
| Patrick Burke | 5,461 |
| John Flint | 10,137 |
| Andy Maguire | 10,332 |
| Paulo Maia | 5,738 |
| Antonio Simoes | 4,132 |
| Peter Wong | 54,406 |
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 |
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| First Name(s) | Last Name(s) | | Name of natural person* | Stuart | Gulliver | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Group Chief Executive | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 41,329 | 225,243.05 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Iain | Mackay | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Group Finance Director | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 23,095 | 125,867.75 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Marc | Moses | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Group Chief Risk Officer | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 23,095 | 125,867.75 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Samir | Assaf | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | CEO Global Banking & Markets | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 61,411 | 334,689.95 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Patrick | Burke | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | President and Chief Executive of HSBC US | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 5,461 | 29,762.45 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | John | Flint | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Chief Executive, Retail Banking and Wealth Management | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 10,137 | 55,246.65 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Andy | Maguire | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Group Chief Operating Officer | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 10,332 | 56,309.40 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Paulo | Maia | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Chief Executive, Latin America | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 5,738 | 31,272.10 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Antonio | Simoes | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Chief Executive, HSBC Bank plc | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
| |
| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 4,132 | 22,519.40 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
| 1 - Details of the person discharging managerial responsibilities / person closely associated |
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| First Name(s) | Last Name(s) | | Name of natural person* | Peter | Wong | |
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| OR |
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| | Legal Person* |
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| 2 - Reason for the notification |
| | Position/status* | Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited | |
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| | Initial notification/amendment* | Initial Notification | |
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| | In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending |
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| 3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| | Full name of the entity* | HSBC Holdings plc | |
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| | Legal Entity Identifier code | MLU0ZO3ML4LN2LL2TL39 | |
| 4 - Details of the transaction(s) |
| | Description of the financial instrument, type of instrument* | Ordinary shares of US$0.50 each | | Identification Code* | GB0005405286 | |
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| | Nature of the transaction* | Acquisition | |
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| | Currency* | GBP | |
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| | Price(s) and Volume(s) | | | Aggregated Information | | Price | Volume | Total | | 5.45 | 54,406 | 296,512.70 | | | Date of Transaction | 2016-08-15 | |
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| | Place of Transaction | London Stock Exchange, Main Market (XLON) | |
For any queries related to this notification please contact: Nickesha Graham-Burrell, Senior Assistant Company Secretary on +44 (0)20 7992 3633.