HSBC HOLDINGS PLC

7 December 2016

Notification of Transactions of Persons Discharging Managerial Responsibilities

On 6 December 2016 Iain Mackay sold 87,100 ordinary shares of US$0.50 at £6.5184.

The following disclosure is 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	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
2016-12-06	Ordinary shares of US$0.50 each	GB0005405286		London Stock Exchange, Main Market (XLON)		GBP - Great British Pound
Nature of Transaction: Disposal			Price		Volume		Total
			£6.52		87,100		£567,752.64
		Aggregated	£6.518		87,100		£567,752.64

For any queries related to this notification please contact:

Lauren Brown

Shareholder Services Team

020 7992 3761