26th Apr 2012 16:15
The following is the text of an announcement released to The Stock Exchange of Hong Kong Limited on 26 April 2012 pursuant to rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited:
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.
HSBC HOLDINGS PLC
GRANT OF SHARE OPTIONS
This announcement is made pursuant to rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
On 24 April 2012 HSBC Holdings plc (the "Company") granted share options ("Options") to employees to subscribe for a total of 44,868,386 ordinary shares of US$0.50 each of the Company under the savings-related share option plans adopted on 27 May 2005. The following are the details of the grant:
Price at which the Options granted | Option Period | Number of shares under Option |
1 year | 4,813,389 | |
GBP4.4621 | 3 years | 19,686,283 |
5 years | 4,776,196 | |
1 year | 278,371 | |
EUR5.3532 | 3 years | 443,691 |
5 years | 105,770 | |
1 year | 5,319,347 | |
HKD55.4701 | 3 years | 5,971,576 |
5 years | 807,389 | |
1 year | 314,110 | |
USD7.1456 | 3 years | 1,491,085 |
5 years | 389,899 | |
USD7.5922 | 1 year | 471,280 |
1 year | 11,196,497 | |
Total number of options granted | 3 years | 27,592,635 |
5 years | 6,079,254 | |
44,868,386 | ||
Closing price of the ordinary shares on the date of grant | £5.535 | |
Validity period of the Options | 1 year, exercisable from 1 Aug 2013 to 31 Oct 2013 3 years, exercisable from 1 Aug 2015 to 31 Jan 2016 5 years, exercisable from 1 Aug 2017 to 31 Jan 2018 | |
Included in the above are options granted to a director of the Company as follows:
Name Position No. of Options Price Option Period
Douglas Jardine Flint Group Chairman 2,016 GBP4.4621 3 years
By Order of the Board
R G Barber
Group Company Secretary
26 April 2012
The Board of Directors of HSBC Holdings plc as at the date of this announcement are: D J Flint, S T Gulliver, S A Catz†, L M L Cha†, M K T Cheung†, J D Coombe†, J Faber†, R A Fairhead†, A A Flockhart, J W J Hughes-Hallett†, W S H Laidlaw†, J P Lipsky†, J R Lomax†, I J Mackay, G Morgan†, N R N Murthy†, Sir Simon Robertson†, J L Thornton† and Sir Brian Williamson†.
† Independent non-executive Director
Hong Kong Stock Code: 5
Related Shares:
HSBC Holdings