HSBC HOLDINGS PLC Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.
HSBC Holdings plc Overseas Regulatory AnnouncementThe attached announcement has been released to the other stock exchanges on which HSBC Holdings plc is listed.
The Board of Directors of HSBC Holdings plc as at the date of this announcement are: Douglas Flint, Stuart Gulliver, Phillip Ameen† , Kathleen Casey† , Laura Cha† , Henri de Castries† , Lord Evans of Weardale† , Joachim Faber† , Sam Laidlaw† , Irene Lee† , John Lipsky† , Rachel Lomax† , Iain Mackay, Heidi Miller† , Marc Moses, David Nish† , Jonathan Symonds† , Pauline van der Meer Mohr† and Paul Walsh† .
† Independent non-executive Director Hong Kong Stock Code: 5
HSBC Holdings plcRegistered Office and Group Head Office:
8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com
Incorporated in England with limited liability. Registered in England: number 617987
HSBC HOLDINGS PLC 16 August 2016 Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")On 15 August, 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 12 August of £5.4500.
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 and other PDMRs named below is therefore net of tax.
In relation to Directors, 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. In respect of the other PDMRs, 40 per cent of the Award is subject to retention until March 2017, with the remaining 60 per cent to be released annually thereafter in three equal tranches until 2020.
DirectorsName | Number of Shares vested |
Stuart Gulliver | 41,329 |
Iain Mackay | 23,095 |
Marc Moses | 23,095 |
Name | Number of Shares vested |
Samir Assaf | 61,411 |
Patrick Burke | 5,461 |
John Flint | 10,137 |
Andy Maguire | 10,332 |
Paulo Maia | 5,738 |
Antonio Simoes | 4,132 |
Peter Wong | 54,406 |
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 associatedFirst Name(s) | Last Name(s) | |
Name of natural person* | Stuart | Gulliver |
OR | ||
Legal Person* | ||
Price | Volume | Total |
5.45 | 41,329 | 225,243.05 |
Price | Volume |
5.45 | 41,329 |
2 - Reason for the notification | |
Position/status* Initial notification/amendment* In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending | Group Chief Executive Initial Notification |
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Full name of the entity* Legal Entity Identifier code | HSBC Holdings plc MLU0ZO3ML4LN2LL2TL39 |
4 - Details of the transaction(s) | |
Description of the financial instrument, | Ordinary shares of US$0.50 each |
type of instrument* | |
Identification Code* | GB0005405286 |
Nature of the transaction* | Acquisition |
Currency* | GBP |
Price(s) and Volume(s) | |
Aggregated Information | |
Date of Transaction | 2016-08-15 |
Place of Transaction | London Stock Exchange, Main Market (XLON) |
1 - Details of the person discharging managerial responsibilities / person closely associated | |||
Name of natural person* Legal Person* | First Name(s) Iain | OR | Last Name(s) Mackay |
2 - Reason for the notification | |||
Price | Volume | Total |
5.45 | 23,095 | 125,867.75 |
Price | Volume |
5.45 | 23,095 |
Position/status* Initial notification/amendment* In the case of amendment, please enter the previous notification reference number and explain the error that this notification is amending | Group Finance Director Initial Notification |
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Full name of the entity* Legal Entity Identifier code | HSBC Holdings plc MLU0ZO3ML4LN2LL2TL39 |
4 - Details of the transaction(s) | |
Description of the financial instrument, | Ordinary shares of US$0.50 each |
type of instrument* | |
Identification Code* | GB0005405286 |
Nature of the transaction* | Acquisition |
Currency* | GBP |
Price(s) and Volume(s) | |
Aggregated Information | |
Date of Transaction | 2016-08-15 |
Place of Transaction | London Stock Exchange, Main Market (XLON) |
1 - Details of the person discharging managerial responsibilities / person closely associated | |||
Name of natural person* Legal Person* | First Name(s) Marc | OR | Last Name(s) Moses |
2 - Reason for the notification | |||
Position/status* | Group Chief Risk Officer | ||
HSBC Holdings plc published this content on 17 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 August 2016 01:50:05 UTC.
Original documenthttp://www.hsbc.com/~/media/hsbc-com/investorrelationsassets/stockexchangeannouncements/2016/august/sea-160817-e-announcement.pdf
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