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Director/PDMR Shareholding

13th Dec 2016 16:30

RNS Number : 7571R
HSBC Holdings PLC
13 December 2016
 

 

 

 

 

HSBC HOLDINGS PLC

 

13 December 2016

 

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

On 12 December, 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 9 December of £6.7380.

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.

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.

Directors

Name

Number of Shares vested

Stuart Gulliver

33,429

Iain Mackay

18,680

Marc Moses

18,680

 

 

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

Stuart Gulliver

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

2016-12-12

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

 

Acquisition

Price

Volume

Total

£6.74

33,429

£225,244.60

Aggregated

£6.738

33,429

£225,244.60

 

 

 

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

2016-12-12

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

 

Acquisition

Price

Volume

Total

£6.74

18,680

£125,865.84

Aggregated

£6.738

18,680

£125,865.84

 

 

 

 

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

2016-12-12

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

 

Acquisition

Price

Volume

Total

£6.74

18,680

£125,865.84

Aggregated

£6.738

18,680

£125,865.84

 

 

 

 

For any queries related to this notification please contact: 

Lauren Brown

Shareholder Services Team

(0)20 7992 3761

 

 

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