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Director/PDMR Shareholding

6th Mar 2012 18:00

RNS Number : 8179Y
HSBC Holdings PLC
06 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

R E T Bennett, 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

(i) Release by the Trustee of 22,303 ordinary shares following the vesting of the 2009 Restricted Share award made to R E T Bennett under the HSBC Share Plan. The Trustee of the Plan (a) sold 11,598 shares to meet the tax liability; and (b) transferred 10,705 shares to R E T Bennett as beneficial owner; and

 

(ii)Release and subsequent sale by the Trustee of 1,908 ordinary shares following the partial vesting of the 2010 Restricted Share award made to R E T Bennett under the HSBC Share Plan.

5

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

(i) 10,705

6

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

(i) 11,598

(ii) 1,908

7

Price per share or value of transactions

(i)(a) and (ii) £5.6014

(i)(b) N/A

8

Date and place of transactions

5 March 2012, London

9

Date issuer informed of transactions

6 March 2012

10

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

Louisa Jenkinson, Senior Assistant Secretary, 020 7991 0593

11

Date of notification

6 March 2012

 

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

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HSBC Holdings
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