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Pin to quick picksHSBC Holdings Regulatory News (HSBA)

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Director/PDMR Shareholding

13 Mar 2024 16:00

RNS Number : 7237G
HSBC Holdings PLC
13 March 2024

HSBC HOLDINGS PLC

13 March 2024

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

1. Annual Incentive awards (Performance Year 2016)

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2017 as a part of variable pay for the performance year ended 31 December 2016.

On 11 March 2024, tranches of the Awards granted in 2017 vested and the following transactions took place in London:

Directors

Name

Additional Shares issued in lieu of the fourth interim dividend for 20231

Total number of Shares vested

Number of Shares sold at £5.753437 per Share2

Noel Quinn

812

20,698

9,729

Other PDMRs

Name

Additional Shares issued in lieu of the fourth interim dividend for 20231

Total number of Shares vested

Number of Shares sold at £5.753437 per Share2

Colin Bell

603

15,371

7,224

Pam Kaur

620

15,804

7,429

Ian Stuart

529

13,468

6,331

1 At US$ 7.5915 per Share, being the average closing price of the Company's Shares on the London Stock Exchange for the five business days between 22 and 28 February 2024, converted into USD. The additional Shares are included in the 'Total number of Shares vested' number.

2 Represents shares sold to cover withholding tax.

The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for six months from the original vesting date.

2. Annual Incentive awards (Performance Year 2018)

Awards of Shares in the Company were granted in 2019 as a part of variable pay for the performance year ended 31 December 2018.

On 11 March 2024, tranches of the Awards granted in 2019 vested and the following transactions took place in London:

Directors

Name

Total number of Shares vested

Number of Shares sold at £5.753437 per Share1

Noel Quinn3

28,117

13,215

Georges Elhedery2

17,193

7,905

Other PDMRs

Name

Total number of Shares vested

Number of Shares sold at £5.753437 per Share1

Colin Bell3

18,683

8,781

Pam Kaur3

18,655

8,768

Stephen Moss2

17,083

3,210

Barry O'Byrne2

9,754

2,877

Surendra Rosha2

11,083

1,663

Ian Stuart3

16,864

7,926

1 Represents shares sold to cover withholding tax.

2 Required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for six months from the original vesting date.

3 Required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for twelve months from the original vesting date.

3. Annual Incentive awards (Performance Year 2019)

Awards of Shares in the Company were granted in 2020 as a part of variable pay for the performance year ended 31 December 2019.

On 11 March 2024, tranches of the Awards granted in 2020 vested and the following transactions took place in London:

Directors

Name

Total number of Shares vested

Number of Shares sold at £5.753437 per Share1

Noel Quinn

40,340

18,959

Georges Elhedery

29,532

13,880

Other PDMRs

Name

Total number of Shares vested

Number of Shares sold at £5.753437 per Share1

Colin Bell

19,665

9,243

Greg Guyett

44,029

20,694

John Hinshaw

35,796

16,825

Pam Kaur

19,635

9,228

Stephen Moss

17,975

2,216

Barry O'Byrne

15,152

3,891

Michael Roberts

43,943

22,433

Ian Stuart

17,190

8,079

1 Represents shares sold to cover withholding tax.

The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for twelve months from the original vesting date.

4. Annual Incentive awards (Performance Year 2022)

Awards of Shares in the Company were granted in 2023 as a part of variable pay for the performance year ended 31 December 2022.

On 11 March 2024, tranches of the Awards granted in 2023 vested and the following transactions took place in London:

Other PDMRs

Name

Total number of Shares vested

Number of Shares sold at £5.753437 per Share1

David Liao

9,763

1,465

Stephen Moss2

2,939

-

Michael Roberts

19,640

10,027

Surendra Rosha

9,763

1,464

1 Represents shares sold to cover withholding tax.

2 Awards vesting in the local jurisdiction of employment are not subject to Income Tax and Social Security liabilities.

The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for twelve months from the original vesting date.

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

Noel Quinn

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

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

Nature of Transaction:

Acquisition

Price

Volume

Total

US$7.59

812

US$6,164.30

Aggregated

US$7.592

812

US$6,164.30

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

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

£5.80

89,155

£517,009.84

Aggregated

£5.799

89,155

£517,009.84

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

41,903

£241,086.27

Aggregated

£5.753

41,903

£241,086.27

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 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

2024-03-11

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

£5.80

46,725

£270,958.28

Aggregated

£5.799

46,725

£270,958.28

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

21,785

£125,338.63

Aggregated

£5.753

21,785

£125,338.63

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Colin Bell

2 - Reason for the notification

Position/status

Chief Executive, HSBC Bank plc and HSBC Europe

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

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

Nature of Transaction:

Acquisition

Price

Volume

Total

US$7.59

603

US$4,577.67

Aggregated

US$7.592

603

US$4,577.67

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

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

£5.80

53,719

£311,516.48

Aggregated

£5.799

53,719

£311,516.48

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

25,248

£145,262.78

Aggregated

£5.753

25,248

£145,262.78

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Greg Guyett

2 - Reason for the notification

Position/status

Chief Executive, Global Banking and Markets

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

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Acquisition under the HSBC Share Plan 2011

Price

Volume

Total

£5.80

44,029

£255,324.17

Aggregated

£5.799

44,029

£255,324.17

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

20,694

£119,061.63

Aggregated

£5.753

20,694

£119,061.63

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

John Hinshaw

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

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Acquisition under the HSBC Share Plan 2011

Price

Volume

Total

£5.80

35,796

£207,581.00

Aggregated

£5.799

35,796

£207,581.00

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2023-03-13

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

16,825

£96,801.58

Aggregated

£5.753

16,825

£96,801.58

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 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

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

Nature of Transaction:

Acquisition

Price

Volume

Total

US$7.59

620

US$4,706.73

Aggregated

US$7.592

620

US$4,706.73

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

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

£5.80

54,094

£313,691.11

Aggregated

£5.799

54,094

£313,691.11

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

25,425

£146,281.14

Aggregated

£5.753

25,425

£146,281.14

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 Officer, Asia Pacific - The Hongkong and Shanghai Banking Corporation Limited

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

2024-03-11

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

£5.80

9,763

£56,615.64

Aggregated

£5.799

9,763

£56,615.64

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

1,465

£8,428.79

Aggregated

£5.753

1,465

£8,428.79

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Stephen Moss

2 - Reason for the notification

Position/status

Regional Chief Executive, Middle East, North Africa and Türkiye

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

2024-03-11

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

£5.80

37,997

£220,344.60

Aggregated

£5.799

37,997

£220,344.60

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

5,426

£31,218.15

Aggregated

£5.753

5,426

£31,218.15

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

Chief Executive, Global Commercial 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

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Acquisition under the HSBC Share Plan 2011

Price

Volume

Total

£5.80

24,906

£144,429.89

Aggregated

£5.799

24,906

£144,429.89

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

6,768

£38,939.26

Aggregated

£5.753

6,768

£38,939.26

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Michael Roberts

2 - Reason for the notification

Position/status

Chief Executive, HSBC USA and Americas

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

2024-03-11

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

£5.80

63,583

£368,717.82

Aggregated

£5.799

63,583

£368,717.82

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

32,460

£186,756.57

Aggregated

£5.753

32,460

£186,756.57

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 Officer, Asia Pacific - The Hongkong and Shanghai Banking Corporation Limited

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

2024-03-11

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

£5.80

20,846

£120,885.95

Aggregated

£5.799

20,846

£120,885.95

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

3,127

£17,991.00

Aggregated

£5.753

3,127

£17,991.00

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

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

USD - United States Dollar

Nature of Transaction:

Acquisition

Price

Volume

Total

US$7.59

529

US$4,015.90

Aggregated

US$7.592

529

US$4,015.90

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

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

£5.80

47,522

£275,580.08

Aggregated

£5.799

47,522

£275,580.08

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

2024-03-11

Ordinary shares of US$0.50 each

GB0005405286

London Stock Exchange, Main Market (XLON)

GBP - British Pound

Nature of Transaction:

Disposal

Price

Volume

Total

£5.75

22,336

£128,508.77

Aggregated

£5.753

22,336

£128,508.77

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
DSHSFSFEDELSEED
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14th Mar 20245:02 pmRNSDirector/PDMR Shareholding
13th Mar 20246:20 pmRNSTransaction in Own Shares
13th Mar 20244:00 pmRNSDirector/PDMR Shareholding
12th Mar 20246:06 pmRNSTransaction in Own Shares
12th Mar 202411:00 amRNSIssuance of subordinated unsecured notes
11th Mar 20245:56 pmRNSTransaction in Own Shares
8th Mar 20246:19 pmRNSTransaction in Own Shares

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