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 March

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

 

15 March 2018

 

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

 

1.   Annual Incentive awards (Performance Year 2015)

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2016 as a part of variable pay for the performance year ended 31 December 2015.

On 13 March 2018, the second tranche of the Awards granted in 2016 vested and the following transactions took place in London.  The remainder of the Awards will vest in 2019:

Directors

Name	Additional Shares issued in lieu of the 2017 4th interim dividend1	Total number of Shares vested	Number of Shares sold at £7.0074 per Share2
John Flint	2,025	49,417	23,226
Iain Mackay	1,099	26,821	12,606
Marc Moses	850	20,760	20,760

Other PDMRs

Name	Additional Shares issued in lieu of the 2017 4th interim dividend1	Total number of Shares vested	Number of Shares sold at £7.0074 per Share2
Samir Assaf	2,826	68,945	32,405
Peter Boyles	1,246	30,413	13,686
Patrick Burke	2,292	55,933	29,768
Andy Maguire	1,672	40,793	19,173
Paulo Maia	1,110	27,093	9,483
Charlie Nunn	575	14,016	6,588
Noel Quinn	1,333	32,537	15,293
Antonio Simoes	1,544	37,678	17,709
Peter Wong	2,113	51,568	7,736

 

1 At US$10.0177 per Share being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 22 February and 28 February 2018 converted into USD. 

2 Includes shares sold to cover withholding tax. 

 

The Directors may separately retain such number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for six months from the original vesting date.

 

 

2.   Annual Incentive awards (Performance Year 2014)

 

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2015 as a part of variable pay for the performance year ended 31 December 2014.

On 14 March 2018, the final tranche of the Awards granted in 2015 vested and the following transactions took place in London.

Directors

Name	Additional Shares issued in lieu of the 2017 4th interim dividend1	Total number of Shares vested	Number of Shares sold at £6.9321 per Share2
John Flint	581	28,298	13,301
Iain Mackay	380	18,503	8,697
Marc Moses	453	22,059	22,059

Other PDMRs

Name	Additional Shares issued in lieu of the 2017 4th interim dividend1	Total number of Shares vested	Number of Shares sold at £6.9321 per Share2
Samir Assaf	922	44,937	21,121
Peter Boyles	448	21,792	9,807
Patrick Burke	509	24,797	13,197
Andy Maguire	543	26,419	12,417
Paulo Maia	201	9,810	3,553
Charlie Nunn	131	6,388	3,003
Noel Quinn	338	16,470	5,703
Antonio Simoes	357	17,373	8,166
Peter Wong	803	39,086	5,863

 

1 At US$10.0177 per Share being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 22 February and 28 February 2018 converted into USD. 

2 Includes shares sold to cover withholding tax. 

 

The Directors may separately retain such number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for six months from the original vesting date.

 

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
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	2,025		US$20,285.84
		Aggregated		US$10.018	2,025		US$20,285.84
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£7.06	49,417		£348,686.35
		Aggregated		£7.056	49,417		£348,686.35
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£7.01	23,226		£162,753.87
		Aggregated		£7.007	23,226		£162,753.87
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	581		US$5,820.28
		Aggregated		US$10.018	581		US$5,820.28
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£6.98	28,298		£197,463.44
		Aggregated		£6.978	28,298		£197,463.44
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£6.93	13,301		£92,203.86
		Aggregated		£6.932	13,301		£92,203.86

 

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
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	1,099		US$11,009.45
		Aggregated		US$10.018	1,099		US$11,009.45
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£7.06	26,821		£189,248.98
		Aggregated		£7.056	26,821		£189,248.98
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£7.01	12,606		£88,335.28
		Aggregated		£7.007	12,606		£88,335.28
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	380		US$3,806.73
		Aggregated		US$10.018	380		US$3,806.73
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£6.98	18,503		£129,113.93
		Aggregated		£6.978	18,503		£129,113.93
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£6.93	8,697		£60,288.47
		Aggregated		£6.932	8,697		£60,288.47

 

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
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	850		US$8,515.05
		Aggregated		US$10.018	850		US$8,515.05
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£7.06	20,760		£146,482.56
		Aggregated		£7.056	20,760		£146,482.56
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£7.01	20,760		£145,473.62
		Aggregated		£7.007	20,760		£145,473.62
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	453		US$4,538.02
		Aggregated		US$10.018	453		US$4,538.02
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£6.98	22,059		£153,927.70
		Aggregated		£6.978	22,059		£153,927.70
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£6.93	22,059		£152,915.19
		Aggregated		£6.932	22,059		£152,915.19

 

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
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	2,826		US$28,310.02
		Aggregated		US$10.018	2,826		US$28,310.02
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£7.06	68,945		£486,475.92
		Aggregated		£7.056	68,945		£486,475.92
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£7.01	32,405		£227,074.80
		Aggregated		£7.007	32,405		£227,074.80
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	922		US$9,236.32
		Aggregated		US$10.018	922		US$9,236.32
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£6.98	44,937		£313,570.39
		Aggregated		£6.978	44,937		£313,570.39
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£6.93	21,121		£146,412.88
		Aggregated		£6.932	21,121		£146,412.88

 

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person			Peter Boyles
2 - Reason for the notification
Position/status			Chief Executive of 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
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	1,246		US$12,482.05
		Aggregated		US$10.018	1,246		US$12,482.05
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£7.06	30,413		£214,594.13
		Aggregated		£7.056	30,413		£214,594.13
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£7.01	13,686		£95,903.28
		Aggregated		£7.007	13,686		£95,903.28
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	448		US$4,487.93
		Aggregated		US$10.018	448		US$4,487.93
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£6.98	21,792		£152,064.58
		Aggregated		£6.978	21,792		£152,064.58
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£6.93	9,807		£67,983.10
		Aggregated		£6.932	9,807		£67,983.10

 

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
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	2,292		US$22,960.57
		Aggregated		US$10.018	2,292		US$22,960.57
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£7.06	55,933		£394,663.25
		Aggregated		£7.056	55,933		£394,663.25
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£7.01	29,768		£208,596.28
		Aggregated		£7.007	29,768		£208,596.28
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	509		US$5,099.01
		Aggregated		US$10.018	509		US$5,099.01
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£6.98	24,797		£173,033.47
		Aggregated		£6.978	24,797		£173,033.47
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£6.93	13,197		£91,482.92
		Aggregated		£6.932	13,197		£91,482.92

 

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
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	1,672		US$16,749.59
		Aggregated		US$10.018	1,672		US$16,749.59
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£7.06	40,793		£287,835.41
		Aggregated		£7.056	40,793		£287,835.41
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-13	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£7.01	19,173		£134,352.88
		Aggregated		£7.007	19,173		£134,352.88
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		USD - United States Dollar
	Nature of Transaction:			Price	Volume		Total
	Award of dividend shares			US$10.02	543		US$5,439.61
		Aggregated		US$10.018	543		US$5,439.61
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Vesting of award			£6.98	26,419		£184,351.78
		Aggregated		£6.978	26,419		£184,351.78
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction		Currency
	2018-03-14	Ordinary shares of US$0.50 each		GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume		Total
	Disposal			£6.93	12,417		£86,075.89
		Aggregated		£6.932	12,417		£86,075.89