HSBC HOLDINGS PLC

13 November 2018

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

On 12 November 2018, 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 2018. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 9 November 2018 of £6.3380.

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 named below is therefore net of tax.

The Awards will be released in five equal annual instalments starting from March 2019.

Directors

Name	Number of Shares vested
John Flint	35,539
Iain Mackay	19,860
Marc Moses	19,860

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				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
	2018-11-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.34	35,539	£225,246.18
			Aggregated	£6.338	35,539	£225,246.18

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
	2018-11-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.34	19,860	£125,872.68
			Aggregated	£6.338	19,860	£125,872.68

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
	2018-11-12	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£6.34	19,860	£125,872.68
			Aggregated	£6.338	19,860	£125,872.68

For any queries related to this notification, please contact:

Lee Davis

Shareholder Services

020 7991 3048