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Director/PDMR Shareholding

12th Mar 2014 18:15

RNS Number : 1841C
HSBC Holdings PLC
12 March 2014
 



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

Pam Kaur, 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 Trustees of 35,422 ordinary shares upon the vesting of deferred awards made in 2013 under the HSBC Share Plan 2011. The Trustees of the Plan sold 16,649 shares to meet the tax liability arising. The interest in the balance of 18,773 shares has been transferred to Pam Kaur as beneficial owner and is subject to a 6 month retention period.

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

16,649

7

Price per share or value of transaction

£6.1661

8

Date and place of transactions

11 March 2014, London

9

Date issuer informed of transactions

11 March 2014

10

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

Elaine Williams, Deputy Company Secretary, 020 7991 2600

11

Date of notification

12 March 2014

 

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