Last checked at 15 Dec 2015 16:30
HSBC HOLDINGS PLC
15 December 2015
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Connected Persons
This announcement is made in accordance with DTR 3.1.2 R and 3.1.4 R(1)(a).
On 14 December, 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 2015. The awards were made in London and are based upon the closing Share price on the London Stock Exchange on 11 December of £4.9800.
Individual tax liabilities in respect of the vesting of the Awards were satisfied in cash. The number of Shares received by the Directors and other PDMRs named below is therefore net of tax.
The Awards vest in full on the date of grant. 20 per cent of the Shares issued on the vesting of each Award are subject to retention until March 2016, with the remaining 80 per cent subject to retention until March 2021.
Directors
Name | Number of Shares vested |
Stuart Gulliver | 45,230 |
Iain Mackay | 25,275 |
Marc Moses | 25,275 |
Other PDMRs
Name | Number of Shares vested |
Samir Assaf | 80,244 |
Peter Boyles | 13,394 |
Patrick Burke | 8,039 |
Simon Cooper | 20,806 |
John Flint | 24,131 |
Pierre Goad | 10,642 |
Pam Kaur | 5,959 |
Stuart Levey | 24,051 |
Andy Maguire | 24,344 |
Peter Wong | 72,124 |
For any queries related to this notification please contact: Nickesha Graham-Burrell, Senior Assistant Company Secretary on +44 (0)20 7992 3633.