Source - LSE Regulatory
RNS Number : 6522Z HSBC Holdings PLC 06 March 2025   HSBC HOLDINGS PLC   6 March 2025   Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")   The transactions in ordinary shares of US$0.50 each ("Shares") in HSBC Holdings plc (the "Company") detailed below took place on 4 March 2025.   The awards made to Executive Directors disclosed in this announcement are the same awards disclosed in the separate Grant of Conditional Awards announcement released on 6 March 2025 pursuant to Rules 17.06A, 17.06B and 17.06C of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.     1.    Long Term Incentive Awards Long term incentive awards ("LTI awards") were made to the PDMRs named below, as part of variable pay for the performance year ended 31 December 2024. An LTI award is an award of Shares in the Company, with a three-year forward-looking performance period commencing on 1 January 2025 and ending on 31 December 2027.   At the end of this performance period, the number of Shares that vest will be determined based upon an assessment by the Group Remuneration Committee of performance against financial and non-financial measures in the LTI scorecard, as detailed in the Directors' Remuneration Report in the Annual Report and Accounts 2024. Subject to that assessment, the shares will vest in five equal annual instalments commencing from March 2028. Upon each vesting, a one-year retention period applies.   The LTI awards were made in London and are based upon the average closing Share price on the London Stock Exchange on the five days starting 24 February 2025 which is £9.0700. Other PDMRs Name Shares awarded David Liao 86,496 Barry O'Byrne 98,304 Stuart Riley 159,586 Michael Roberts 166,455 Surendra Rosha 89,395 Ian Stuart 86,532 Suzanna White 48,346     2.    Annual Incentive Awards Awards of (i) immediately vested and (ii) deferred Shares were made under the HSBC Share Plan 2011. These awards relate to the performance year ended 31 December 2024 and comprise part of the Group's annual incentive arrangements. The awards were determined by assessing performance during the year against financial and non-financial metrics. For Executive Directors who served during the year ended 31 December 2024, the performance assessment is detailed in the Directors' Remuneration Report in the Annual Report and Accounts 2024. Upon vesting, a one-year retention period applies.   Awards were made in London and are based upon the average closing Share price on the London Stock Exchange on the five days starting on 24 February 2025 which is £9.0700.     (i)       Immediately vested awards Executive Directors Name Shares awarded Shares sold in respect of Income Tax and Social Security liabilities at £9.255108 per share Net shares vested Georges Elhedery 92,447 43,451 48,996 Pam Kaur 186,052 87,445 98,607 Other PDMRs Name Shares awarded Shares sold in respect of Income Tax and Social Security liabilities at £9.255108 per share Net shares vested Richard Blackburn1 25,909 12,178 13,731 David Liao 60,300 9,648 50,652 Barry O'Byrne 73,491 11,759 61,732 Stuart Riley 122,381 57,520 64,861 Michael Roberts 128,841 65,774 63,067 Surendra Rosha 63,524 10,164 53,360 Ian Stuart 58,653 27,567 31,086 Suzanna White 38,072 16,866 21,206 1Upon vesting, a 6-month retention period applies. (ii)      Deferred awards Awards vest in five equal annual tranches commencing in March 2028. Upon vesting, a one-year retention period applies. Other PDMRs Name Shares awarded Richard Blackburn1,2 47,040 David Liao1 33,533 Barry O'Byrne 53,658 Stuart Riley 93,471 Michael Roberts1 87,767 Surendra Rosha1 36,841 Ian Stuart 34,750 Suzanna White1 26,673 1Awards vest in five equal annual tranches commencing in March 2026. 2Upon vesting, a 6-month retention period applies.     The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.   1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Georges Elhedery       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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 92,447 £838,494.29   Aggregated £9.070 92,447 £838,494.29               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 43,451 £402,143.70   Aggregated £9.255 43,451 £402,143.70                             1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Pam Kaur       2 - Reason for the notification   Position/status Group Chief Financial 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 186,052 £1,687,491.64   Aggregated £9.070 186,052 £1,687,491.64               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 87,445 £809,312.92   Aggregated £9.255 87,445 £809,312.92                             1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Richard Blackburn       2 - Reason for the notification   Position/status Interim Group Chief Risk and Compliance 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 72,949 £661,647.43   Aggregated £9.070 72,949 £661,647.43               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 12,178 £112,708.71   Aggregated £9.255 12,178 £112,708.71                               1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person David Liao       2 - Reason for the notification   Position/status Co-Chief Executive, Asia and Middle East 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011     Price   Volume Total       £9.07 180,329 £1,635,584.03   Aggregated £9.070 180,329 £1,635,584.03               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 9,648 £89,293.28   Aggregated £9.255 9,648 £89,293.28                               1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Barry O'Byrne       2 - Reason for the notification   Position/status CEO, International Wealth and Premier Banking 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 225,453 £2,044,858.71   Aggregated £9.070 225,453 £2,044,858.71               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 11,759 £108,830.81   Aggregated £9.255 11,759 £108,830.81                               1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Stuart Riley       2 - Reason for the notification   Position/status Group Chief Information 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 375,438 £3,405,222.66   Aggregated £9.070 375,438 £3,405,222.66               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 57,520 £532,353.81   Aggregated £9.255 57,520 £532,353.81                               1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Michael Roberts       2 - Reason for the notification   Position/status CEO, HSBC Bank plc and CEO, Corporate and Institutional Banking 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 383,063 £3,474,381.41   Aggregated £9.070 383,063 £3,474,381.41               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 65,774 £608,745.47   Aggregated £9.255 65,774 £608,745.47                               1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Surendra Rosha       2 - Reason for the notification   Position/status Co-Chief Executive, Asia and Middle East 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 189,760 £1,721,123.20   Aggregated £9.070 189,760 £1,721,123.20               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 10,164 £94,068.92   Aggregated £9.255 10,164 £94,068.92                               1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Ian Stuart       2 - Reason for the notification   Position/status Chief Executive, HSBC UK Bank plc. 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 179,935 £1,632,010.45   Aggregated £9.070 179,935 £1,632,010.45               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 27,567 £255,135.56   Aggregated £9.255 27,567 £255,135.56                               1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Suzanna White       2 - Reason for the notification   Position/status Group Chief Operating 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   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Acquisitions under the HSBC Share Plan 2011 Price   Volume Total       £9.07 113,091 £1,025,735.37   Aggregated £9.070 113,091 £1,025,735.37               Date of Transaction Financial Instrument Identification Code Place of Transaction Currency   2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound Nature of Transaction:   Disposal Price   Volume Total       £9.26 16,866 £156,096.65   Aggregated £9.255 16,866 £156,096.65                             For any queries related to this notification, please contact: Lee Davis Corporate Governance & Secretariat shareholderquestions@hsbc.com   This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.  END  DSHSSUSUMEISEID
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