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Overseas Regulatory Announcement- Grant of Options

23 Sep 2021 09:30

RNS Number : 7504M
HSBC Holdings PLC
23 September 2021
 

The following is the text of an announcement released to the Stock Exchange of Hong Kong Limited on 23 September 2021 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 document, 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 document.

 

23 September 2021

 (Hong Kong Stock Code: 5)

 

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 22 September 2021, HSBC Holdings plc (the "Company") granted share options ("Options") to employees to subscribe for a total of 15,410,381 ordinary shares of US$0.50 each of the Company under the HSBC Holdings Savings-Related Share Option Plan (UK). The following are the details of the grant:

 

Exercise Price at which the Options were granted

Option Period

Number of shares under Option

GBP 3.1460

3 years

12,147,242

5 years

3,263,139

Total number of Options granted

15,410,381

Closing price of the ordinary shares, on the London Stock Exchange and on the date of grant

GBP 3.7540

Validity period of the Options

3 years, exercisable from 1 November 2024 to 30 April 2025

5 years, exercisable from 1 November 2026 to 30 April 2027

 

There were no Options granted to any director of the Company.

 

For and on behalf of

HSBC Holdings plc

 

Aileen Taylor

Group Company Secretary and Chief Governance Officer

 

The Board of Directors of HSBC Holdings plc as at the date of this announcement comprises:Mark Tucker*, Noel Quinn, Rachel Duan, Carolyn Julie Fairbairn, James Anthony Forese†, Steven Guggenheimer†, Irene Lee, José Antonio Meade Kuribreña†, Eileen K Murray†, David Nish, Ewen Stevenson, Jackson Tai† and Pauline van der Meer Mohr.

 

* Non-executive Group Chairman

Independent non-executive Director

 

 

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