RNS Number : 6508S
HSBC Holdings PLC
12 March 2019
 

 

 

 

HSBC HOLDINGS PLC

 

12 March 2019

 

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

 

1.   Group Performance Share Plan awards (Performance Year 2013) 

Deferred awards under the Group Performance Share Plan ("GPSP Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2014 as a part of variable pay for the performance year ended 31 December 2013.

The GPSP Awards vested on 11 March 2019. The Shares must be retained while the individual is employed by HSBC. The GPSP Awards were determined by assessing performance against financial and non-financial metrics, as detailed in the Directors' Remuneration Report in the Annual Report and Accounts 2013.

Directors

Name

Additional Shares issued in lieu of the 2018 4th interim dividend1

Total number of Shares vested

Number of Shares sold at £6.2636 per Share2

John Flint

3,955

159,197

74,823

Marc Moses

11,823

475,857

223,653

Other PDMRs

Additional Shares issued in lieu of the 2018 4th interim dividend1

Total number of Shares vested

 Number of Shares sold at £6.2636 per Share2

Samir Assaf

17,633

709,649

333,536

Peter Wong

9,067

364,930

54,740

 

1 At US$8.2417 per Share, being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 21 and 27 February 2019, converted into USD. 

2 Includes shares sold to cover withholding tax. 

 

 

2.   Group Performance Share awards (Performance Year 2013)

 

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2014 as a part of variable pay for the performance year ended 31 December 2013.

The Awards vested on 11 March 2019 and the following transactions took place in London.

Other PDMRs

Additional Shares issued in lieu of the 2018 4th interim dividend1

Total number of Shares vested

 Number of Shares sold at £6.2636 per Share2

Patrick Burke

1,481

59,610

59,610

Paulo Maia

733

29,488

11,391

Noel Quinn

1,481

59,583

18,295

Antonio Simoes

1,601

64,418

30,277

 

1  At US$8.2417 per Share, being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 21 and 27 February 2019, converted into USD. 

2 Includes shares sold to cover withholding tax.

 

 

3.   Annual Incentive awards (Performance Year 2017)

 

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc were granted in 2018 as a part of variable pay for the performance year ended 31 December 2017.

On 11 March 2019, the first tranche of the Awards granted in 2018 vested and the following transactions took place in London.

Other PDMRs

Name

Total number of Shares vested

 

Number of Shares sold at £6.2636 per Share1

Patrick Burke

20,950

11,150

Paulo Maia

10,145

3,551

Charlie Nunn

9,807

4,610

Peter Wong

22,809

3,422

 

1  Includes shares sold to cover withholding tax.

 

 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

3,955

US$32,595.92



Aggregated

US$8.242

3,955

US$32,595.92










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

159,197

£993,389.28



Aggregated

£6.24

159,197

£993,389.28










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

74,823

£468,661.34

 



Aggregated

£6.264

74,823

£468,661.34

 
















 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

11,823

US$97,441.62



Aggregated

US$8.242

11,823

US$97,441.62










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

475,857

£2,969,347.68



Aggregated

£6.24

475,857

£2,969,347.68










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

223,653

£1,400,872.93

 



Aggregated

£6.264

223,653

£1,400,872.93

 
















 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

17,633

US$145,325.90



Aggregated

US$8.242

17,633

US$145,325.90

 










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

709,649

£4,428,209.76



Aggregated

£6.24

709,649

£4,428,209.76










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

333,536

£2,089,136.09



Aggregated

£6.264

333,536

£2,089,136.09

 
















 

 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

1,481

US$12,205.96



Aggregated

US$8.242

1,481

US$12,205.96










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

80,560

£502,694.40



Aggregated

£6.24

80,560

£502,694.40










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

70,760

£443,212.34

 



Aggregated

£6.264

70,760

£443,212.34

 
















 

 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

733

US$6,041.17



Aggregated

US$8.242

733

US$6,041.17

 










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

39,633

£247,309.92

 



Aggregated

£6.24

39,633

£247,309.92










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

14,942

£93,590.71

 



Aggregated

£6.264

14,942

£93,590.71

 
















 

 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

9,807

£61,195.68



Aggregated

£6.24

9,807

£61,195.68










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

4,610

£28,875.20

 



Aggregated

£6.264

4,610

£28,875.20

 
















 

 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

1,481

US$12,205.96



Aggregated

US$8.242

1,481

US$12,205.96










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

59,583

£371,797.92



Aggregated

£6.24

59,583

£371,797.92










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

18,295

£114,592.56

 



Aggregated

£6.264

18,295

£114,592.56

 
















 

 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

1,601

US$13,194.96



Aggregated

US$8.242

1,601

US$13,194.96










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

64,418

£401,968.32



Aggregated

£6.24

64,418

£401,968.32










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

30,277

£189,643.02

 



Aggregated

£6.264

30,277

£189,643.02

 
















 

 

 

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



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




US$8.24

9,067

US$74,727.49



Aggregated

US$8.242

9,067

US$74,727.49










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Acquisition


Price

 

Volume

Total

 




£6.24

387,739

£2,419,491.36



Aggregated

£6.24

387,739

£2,419,491.36










Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency



2019-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

Disposal


Price

 

Volume

Total

 




£6.26

58,162

£364,303.50

 



Aggregated

£6.264

58,162

£364,303.50

 
















 

For any queries related to this notification, please contact: 

 

Larissa Wilson

Shareholder Services 

020 7991 0595


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END
 
 
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