FORM 6-K
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
Report of Foreign Private Issuer
 
Pursuant to Rule 13a - 16 or 15d - 16 of
 
the Securities Exchange Act of 1934
 
For the month of December
 
HSBC Holdings plc
 
42nd Floor, 8 Canada Square, London E14 5HQ, England
 
 
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).
 
Form 20-F   X              Form 40-F ......
 
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934).
 
Yes.......          No    X
 
(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ..............).
 
 
 
 
 
 
 
 
HSBC HOLDINGS PLC
 
13 December 2016
 
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
On 12 December, 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 9 December of £6.7380.
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.
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. 
Directors
Name
 
Number of Shares vested
 
Stuart Gulliver
 
33,429
 
Iain Mackay
 
18,680
 
Marc Moses
 
18,680
 
 
 
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                   Stuart Gulliver
 
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
2016-12-12
 
Ordinary shares of US$0.50 each
 
GB0005405286
 
London Stock Exchange, Main Market (XLON
GBP - British Pound
 
Nature of Transaction:
 
 
 
Acquisition
 
Price
Volume
 
Total
£6.74
 
33,429
£225,244.60
 
Aggregated
 
£6.738
 
33,429
 
£225,244.60
 
 
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
 
2016-12-12
Ordinary shares of US$0.50 each
GB0005405286
London Stock Exchange, Main Market (XLON)
GBP - British Pound
 
Nature of Transaction:
 
 
Acquisition
 
Price
Volume
Total
£6.74
 
18,680
 
£125,865.84
 
Aggregated
 
£6.738
 
18,680
 
£125,865.84
 
 
 
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
 
2016-12-12
 
Ordinary shares of US$0.50 each
 
GB0005405286
 
London Stock Exchange, Main Market (XLON)
 
GBP - British Pound
 
Nature of Transaction:
 
Acquisition
 
Price
Volume
Total
£6.74
18,680
£125,865.84
Aggregated
 
£6.738
18,680
£125,865.84
 
 
For any queries related to this notification please contact: 
Lauren Brown
Shareholder Services Team
(0)20 7992 3761
 
 
 
 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
HSBC Holdings plc
 
 
 
By:
 
Name: Ben J S Mathews
 
Title: Group Company Secretary
 
 
 
Date: 13 December 2016