HSBC HOLDINGS PLC

29 August 2019

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

1. Fixed Pay Allowance Arrangements

On 27 August 2019, 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 2019. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 23 August 2019 of £5.8640.

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 2020.

Name	Number of Shares vested
Marc Moses	21,465
Ewen Stevenson	21,465

2. UK Share Incentive Plan

Also on 27 August 2019, Barry O'Byrne acquired 25 Shares in the Company at £5.8512 per Share under the Company's UK Share Incentive Plan.

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				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
	2019-08-27	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition under the HSBC Share Plan 2011			£5.86	21,465	£125,870.76
			Aggregated	£5.864	21,465	£125,870.76

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

Name of natural person				Ewen Stevenson

2 - Reason for the notification

Position/status				Group Chief Financial 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
	2019-08-27	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition under the HSBC Share Plan 2011			£5.86	21,465	£125,870.76
			Aggregated	£5.864	21,465	£125,870.76

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
	2019-08-27	Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction:			Price	Volume	Total
	Acquisition under the UK Share Incentive Plan			£5.85	25	£146.28
			Aggregated	£5.851	25	£146.28

For any queries related to this notification, please contact:

Larissa Wilson

Shareholder Services

020 7991 0595