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Director/PDMR Shareholding

16th Mar 2012 16:20

RNS Number : 5482Z
HSBC Holdings PLC
16 March 2012
 



NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND/OR CONNECTED PERSONS

 

This notification relates to a transaction notified in accordance with DTR 3.1.2 R and 3.1.4 R (1)(a)

 

1

Name of the issuer

HSBC Holdings plc

2

Name of the person discharging managerial responsibilities or, where applicable, the name of the person connected with a person discharging managerial responsibilities

I J Mackay, a person discharging managerial responsibilities

3

Description of shares (including class), debentures, derivatives or any other financial instruments relating to shares

US$0.50 ordinary shares

4

State the nature of the transactions

Release by the Trustee of 12,008 ordinary shares following the partial vesting of the 2011 deferred award of Restricted Shares made to I J Mackay under the HSBC Share Plan. The Trustee of the Plan has (i) sold 6,245 shares to meet the tax liability arising on the vesting and (ii) transferred the balance of 5,763 shares to I J Mackay as beneficial owner which must be retained for six months.

5

Number of shares, derivatives or any other financial instruments relating to shares acquired

N/A

6

Number of shares, derivatives or any other financial instruments relating to shares disposed

6,245

7

Price per share or value of transaction

(i) £5.7268

8

Date and place of transactions

15 March 2012, London

9

Date issuer informed of transactions

16 March 2012

10

Total holding following notification

637,712

11

Name of duly authorised officer/official of issuer responsible for making notification

Peter Harvey, Senior Assistant Secretary, 020 7992 1401

12

Date of notification

16 March 2012

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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