HSBC HOLDINGS PLC

22 November 2019

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and a person closely associated with a PDMR

The following transactions relating to dividends of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were made on 20 November 2019:

Directors

Name	Shares acquired/allocated	Price per Share/ADS
Kathleen Casey	25 American Depositary Shares (representing 125 ordinary shares of US$0.50 each)	US$38.5665¹
Henri de Castries	246	US$7.7133
Irene Lee	152	US$7.7133
Heidi Miller	12 American Depositary Shares (representing 60 ordinary shares of US$0.50 each)	US$37.1400¹
Marc Moses	12,385	US$7.7133
Noel Quinn	1,827	US$7.7133
Mark Tucker	3,933	US$7.7133

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.

Other PDMRs

Name	Shares acquired/allocated	Price per Share
Samir Assaf	4,291	US$7.7133
Andy Maguire	2,662	US$7.7133
Paulo Maia	2,101 4,961 7	US$7.7133 £5.7454 £5.7542
Charlie Nunn	660	US$7.7133
Barry O'Byrne	258 7	US$7.7133 £5.7454
Antonio Simoes	1,877	US$7.7133
Ian Stuart	694	US$7.7133
Peter Wong²	2,339 19,589 351	US$7.7133 £5.7454 US$7.7133

²Peter Wong's acquisition includes via a person 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
	2019-11-20	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$38.57	25	US$964.16
			Aggregated	US$38.566	25	US$964.16

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
	2019-11-20	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$7.71	246	US$1,897.47
			Aggregated	US$7.713	246	US$1,897.47

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
	2019-11-20	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$7.71	152	US$1,172.42
			Aggregated	US$7.713	152	US$1,172.42

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
	2019-11-20	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$37.14	12	US$445.68
			Aggregated	US$37.14	12	US$445.68

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
	2019-11-20	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$7.71	12,385	US$95,529.22
			Aggregated	US$7.713	12,385	US$95,529.22

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

Name of natural person				Noel Quinn

2 - Reason for the notification

Position/status				Interim 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
	2019-11-20	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$7.71	1,827	US$14,092.20
			Aggregated	US$7.713	1,827	US$14,092.20

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
	2019-11-20	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$7.71	3,933	US$30,336.41
			Aggregated	US$7.713	3,933	US$30,336.41

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
	2019-11-20	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$7.71	4,291	US$33,097.77
			Aggregated	US$7.713	4,291	US$33,097.77

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
	2019-11-20	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$7.71	2,662	US$20,532.80
			Aggregated	US$7.713	2,662	US$20,532.80

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
	2019-11-20	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$7.71	2,101	US$16,205.64
			Aggregated	US$7.713	2,101	US$16,205.64

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2019-11-20	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£5.75	4,961	£28,502.75
			Aggregated	£5.745	4,961	£28,502.75

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2019-11-20	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£5.75	7	£40.28
			Aggregated	£5.754	7	£40.28

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
	2019-11-20	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$7.71	660	US$5,090.78
			Aggregated	US$7.713	660	US$5,090.78

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

Name of natural person				Barry O'Byrne

2 - Reason for the notification

Position/status				Interim 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
	2019-11-20	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$7.71		258	US$1,990.03
			Aggregated	US$7.713		258	US$1,990.03

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction			Currency
	2019-11-20	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)			GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Acquisition			£5.75	7		£40.22
			Aggregated	£5.745	7		£40.22

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

Name of natural person

Antonio Simoes

2 - Reason for the notification

Position/status

Chief Executive, 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

2019-11-20

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$7.71

1,877

US$14,477.86

Aggregated

US$7.713

1,877

US$14,477.86

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
	2019-11-20	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$7.71	694	US$5,353.03
			Aggregated	US$7.713	694	US$5,353.03

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
	2019-11-20	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$7.71	2,339	US$18,041.41
			Aggregated	US$7.713	2,339	US$18,041.41

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2019-11-20	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition			£5.75	19,589	£112,545.92
			Aggregated	£5.745	19,589	£112,545.92

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
	2019-11-20	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$7.71	351	US$2,707.37
			Aggregated	US$7.713	351	US$2,707.37

For any queries related to this notification, please contact:

JJ Williams

Shareholder Services

020 3268 3568