REG - HSBC Holdings PLC - Director/PDMR Shareholding
06/03/2025 11:15
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RNS Number : 6522Z HSBC Holdings PLC 06 March 2025
HSBC HOLDINGS PLC
6 March 2025
Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")
The transactions in ordinary shares of US$0.50 each ("Shares") in HSBC
Holdings plc (the "Company") detailed below took place on 4 March 2025.
The awards made to Executive Directors disclosed in this announcement are the
same awards disclosed in the separate Grant of Conditional Awards announcement
released on 6 March 2025 pursuant to Rules 17.06A, 17.06B and 17.06C of the
Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong
Limited.
1. Long Term Incentive Awards
Long term incentive awards ("LTI awards") were made to the PDMRs named below,
as part of variable pay for the performance year ended 31 December 2024. An
LTI award is an award of Shares in the Company, with a three-year
forward-looking performance period commencing on 1 January 2025 and ending on
31 December 2027.
At the end of this performance period, the number of Shares that vest will be
determined based upon an assessment by the Group Remuneration Committee of
performance against financial and non-financial measures in the LTI scorecard,
as detailed in the Directors' Remuneration Report in the Annual Report and
Accounts 2024. Subject to that assessment, the shares will vest in five equal
annual instalments commencing from March 2028. Upon each vesting, a one-year
retention period applies.
The LTI awards were made in London and are based upon the average closing
Share price on the London Stock Exchange on the five days starting 24 February
2025 which is £9.0700.
Other PDMRs
Name Shares awarded
David Liao 86,496
Barry O'Byrne 98,304
Stuart Riley 159,586
Michael Roberts 166,455
Surendra Rosha 89,395
Ian Stuart 86,532
Suzanna White 48,346
2. Annual Incentive Awards
Awards of (i) immediately vested and (ii) deferred Shares were made under the
HSBC Share Plan 2011. These awards relate to the performance year ended 31
December 2024 and comprise part of the Group's annual incentive arrangements.
The awards were determined by assessing performance during the year against
financial and non-financial metrics. For Executive Directors who served during
the year ended 31 December 2024, the performance assessment is detailed in the
Directors' Remuneration Report in the Annual Report and Accounts 2024. Upon
vesting, a one-year retention period applies.
Awards were made in London and are based upon the average closing Share price
on the London Stock Exchange on the five days starting on 24 February 2025
which is £9.0700.
(i) Immediately vested awards
Executive Directors
Name Shares awarded Shares sold in respect of Income Tax and Social Security liabilities at Net shares vested
£9.255108 per share
Georges Elhedery 92,447 43,451 48,996
Pam Kaur 186,052 87,445 98,607
Other PDMRs
Name Shares awarded Shares sold in respect of Income Tax and Social Security liabilities at Net shares vested
£9.255108 per share
Richard Blackburn(1) 25,909 12,178 13,731
David Liao 60,300 9,648 50,652
Barry O'Byrne 73,491 11,759 61,732
Stuart Riley 122,381 57,520 64,861
Michael Roberts 128,841 65,774 63,067
Surendra Rosha 63,524 10,164 53,360
Ian Stuart 58,653 27,567 31,086
Suzanna White 38,072 16,866 21,206
(1)Upon vesting, a 6-month retention period applies.
(ii) Deferred awards
Awards vest in five equal annual tranches commencing in March 2028. Upon
vesting, a one-year retention period applies.
Other PDMRs
Name Shares awarded
Richard Blackburn(1,2) 47,040
David Liao(1) 33,533
Barry O'Byrne 53,658
Stuart Riley 93,471
Michael Roberts(1) 87,767
Surendra Rosha(1) 36,841
Ian Stuart 34,750
Suzanna White(1) 26,673
(1)Awards vest in five equal annual tranches commencing in March 2026.
(2)Upon vesting, a 6-month retention period applies.
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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 9 £
2 8
, 3
4 8
4 ,
7 4
9
4
.
2
9
Aggregated £9.070 9 £
2 8
, 3
4 8
4 ,
7 4
9
4
.
2
9
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 4 £
3 4
, 0
4 2
5 ,
1 1
4
3
.
7
0
Aggregated £9.255 4 £
3 4
, 0
4 2
5 ,
1 1
4
3
.
7
0
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 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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 1 £
8 1
6 ,
, 6
0 8
5 7
2 ,
4
9
1
.
6
4
Aggregated £9.070 1 £
8 1
6 ,
, 6
0 8
5 7
2 ,
4
9
1
.
6
4
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 8 £
7 8
, 0
4 9
4 ,
5 3
1
2
.
9
2
Aggregated £9.255 8 £
7 8
, 0
4 9
4 ,
5 3
1
2
.
9
2
1 - Details of the person discharging managerial responsibilities / person
closely associated
Name of natural person Richard Blackburn
2 - Reason for the notification
Position/status Interim 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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 7 £
2 6
, 6
9 1
4 ,
9 6
4
7
.
4
3
Aggregated £9.070 7 £
2 6
, 6
9 1
4 ,
9 6
4
7
.
4
3
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 1 £
2 1
, 1
1 2
7 ,
8 7
0
8
.
7
1
Aggregated £9.255 1 £
2 1
, 1
1 2
7 ,
8 7
0
8
.
7
1
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, Asia and Middle East
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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 180,329 £1
,6
35
,5
84
.0
3
Aggregated £9.070 180,329 £1
,6
35
,5
84
.0
3
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 9,648 £8
9,
29
3.
28
Aggregated £9.255 9,648 £8
9,
29
3.
28
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 CEO, International Wealth and Premier 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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 2 £
2 2
5 ,
, 0
4 4
5 4
3 ,
8
5
8
.
7
1
Aggregated £9.070 2 £
2 2
5 ,
, 0
4 4
5 4
3 ,
8
5
8
.
7
1
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 1 £
1 1
, 0
7 8
5 ,
9 8
3
0
.
8
1
Aggregated £9.255 1 £
1 1
, 0
7 8
5 ,
9 8
3
0
.
8
1
1 - Details of the person discharging managerial responsibilities / person
closely associated
Name of natural person Stuart Riley
2 - Reason for the notification
Position/status Group Chief Information 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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 3 £
7 3
5 ,
, 4
4 0
3 5
8 ,
2
2
2
.
6
6
Aggregated £9.070 3 £
7 3
5 ,
, 4
4 0
3 5
8 ,
2
2
2
.
6
6
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 5 £
7 5
, 3
5 2
2 ,
0 3
5
3
.
8
1
Aggregated £9.255 5 £
7 5
, 3
5 2
2 ,
0 3
5
3
.
8
1
1 - Details of the person discharging managerial responsibilities / person
closely associated
Name of natural person Michael Roberts
2 - Reason for the notification
Position/status CEO, HSBC Bank plc and CEO, Corporate and Institutional 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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 3 £
8 3
3 ,
, 4
0 7
6 4
3 ,
3
8
1
.
4
1
Aggregated £9.070 3 £
8 3
3 ,
, 4
0 7
6 4
3 ,
3
8
1
.
4
1
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 6 £
5 6
, 0
7 8
7 ,
4 7
4
5
.
4
7
Aggregated £9.255 6 £
5 6
, 0
7 8
7 ,
4 7
4
5
.
4
7
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, Asia and Middle East
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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 1 £
8 1
9 ,
, 7
7 2
6 1
0 ,
1
2
3
.
2
0
Aggregated £9.070 1 £
8 1
9 ,
, 7
7 2
6 1
0 ,
1
2
3
.
2
0
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 1 £
0 9
, 4
1 ,
6 0
4 6
8
.
9
2
Aggregated £9.255 1 £
0 9
, 4
1 ,
6 0
4 6
8
.
9
2
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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 1 £
7 1
9 ,
, 6
9 3
3 2
5 ,
0
1
0
.
4
5
Aggregated £9.070 1 £
7 1
9 ,
, 6
9 3
3 2
5 ,
0
1
0
.
4
5
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 2 £
7 2
, 5
5 5
6 ,
7 1
3
5
.
5
6
Aggregated £9.255 2 £
7 2
, 5
5 5
6 ,
7 1
3
5
.
5
6
1 - Details of the person discharging managerial responsibilities / person
closely associated
Name of natural person Suzanna White
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
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Acquisitions under the HSBC Share Plan 2011
£9.07 1 £
1 1
3 ,
, 0
0 2
9 5
1 ,
7
3
5
.
3
7
Aggregated £9.070 1 £
1 1
3 ,
, 0
0 2
9 5
1 ,
7
3
5
.
3
7
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
2025-03-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Price Volume Total
Disposal
£9.26 1 £
6 1
, 5
8 6
6 ,
6 0
9
6
.
6
5
Aggregated £9.255 1 £
6 1
, 5
8 6
6 ,
6 0
9
6
.
6
5
For any queries related to this notification, please contact:
Lee Davis
Corporate Governance & Secretariat
shareholderquestions@hsbc.com
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