RNS Number : 3557L
HSBC Holdings PLC
07 November 2024
 


 

 

HSBC HOLDINGS PLC

 

7 November 2024

 

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

On 5 November 2024, 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 2024. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 4 November 2024 of £7.1770.

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.

The Awards will be released in five equal annual instalments starting from March 2025.

Name

Number of Shares vested

Georges Elhedery

41,720

 

 

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

 


2024-11-05

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound



Nature of Transaction:

 

 


Price

 

Volume

Total

 

 

Acquisition under the HSBC Share Plan 2011


£7.18

41,720

£299,424.44


 

Aggregated

£7.177

41,720

£299,424.44

 


 

 

 

 

 

 

 

 

For any queries related to this notification, please contact:

Lee Davis

Corporate Governance & Secretariat

shareholderquestions@hsbc.com

 

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