REG - HSBC Holdings PLC - Overseas Regulatory Announcement <Origin Href="QuoteRef">HSBA.L</Origin>

HSBC HoldingsAnnouncement

22/09/2017 10:00

RNS Number : 5597R
HSBC Holdings PLC
22 September 2017
The following is the text of an announcement released to the Stock Exchange of Hong Kong Limited on 22 September 2017 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.
22 September 2017
(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 21September 2017 HSBC Holdings plc (the "Company") granted share options ("Options") to employees to subscribe for a total of 10,447,272 ordinary shares of US$0.50 each of the Company under the HSBC Holdings Savings-Related Share Option Plan. The following are the details of the grant:
Price at which the Options granted
Option Period
Number of shares under Option
GBP 5.9640
3 years
8,212,324
5 years
2,234,948
Total number of options granted
10,447,272
Closing price of the ordinary shares on the date of grant
GBP 7.2160
Validity period of the Options
3 years, exercisable from 1 November 2020 to 30 April 2021
5 years, exercisable from 1 November 2022 to 30 April 2023
There were no options granted to any director of the Company.
For and on behalf of
HSBC Holdings plc
Ben J S Mathews
Group Company Secretary
The Board of Directors of HSBC Holdings plc as at the date of this announcement are: DouglasFlint, Stuart Gulliver, Phillip Ameen, Kathleen Casey, Laura Cha, Henri de Castries, Lord Evans of Weardale, Joachim Faber, Irene Lee, John Lipsky, Iain Mackay, Heidi Miller, Marc Moses, David Nish, Jonathan Symonds, Jackson Tai, Mark Tucker and Pauline van der Meer Mohr.
 Independent non-executive Director

This information is provided by RNS
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