REG - HSBC Holdings PLC - Overseas Regulatory Announcement - Grant of Awards
23/08/2023 11:30
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RNS Number : 2332K HSBC Holdings PLC 23 August 2023
The following is the text of an announcement released to the Stock Exchange of
Hong Kong Limited on 23 August 2023 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:
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 August 2023
(Hong Kong Stock Code: 5)
HSBC HOLDINGS PLC
GRANT OF CONDITIONAL AWARDS
This announcement is made 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`.
On 11 January 2023, 14 March 2023, 13 April 2023 and 11 July 2023, HSBC
Holdings plc (the "Company") granted conditional awards ("Awards") to
employees to subscribe for a total of 1,638,448 ordinary shares of US$0.50
each of the Company under the HSBC International Employee Share Purchase Plan
(the "Plan").
The following are the details of the grants:
Grant date 11 January 2023
Category of grantee Employees
Number of shares under Awards 288,546 LSE listed shares
301,397 HKSE listed shares
Closing market price of the ordinary shares on the London Stock Exchange and GBP 5.696
the Hong Kong Stock Exchange on the date of grant
HK$ 53.65
Purchase price of Awards granted GBP 0
Vesting period of the Awards 2 years 9 months
Performance Targets and Clawback Grants of Awards under the Plan do not have performance conditions or clawback
provisions due to the all-employee nature of the Plan
Arrangements for the Company or a subsidiary to provide financial assistance None
to the grantees
Number of shares available for future grant under the plan mandate The Plan is subject to a limit on the number of Shares committed to be issued
under all Plan Awards:
10% of the ordinary share capital of the Company in issue immediately before
that day, when added to the number of Shares which have been issued, or
committed to be issued, to satisfy Awards under the Plan, or options or awards
under any other employee share plan operated by the Company granted in the
previous 10 years. The number of Shares available to issue under this limit is
1,038,765,968.
Grant date 14 March 2023
Category of grantee Employees
Number of shares under Awards 42 LSE listed shares
Closing market price of the ordinary shares on the London Stock Exchange and GBP 5.77
the Hong Kong Stock Exchange on the date of grant
Purchase price of Awards granted GBP 0
Vesting period of the Awards 2 years 7 months
Performance Targets and Clawback Grants of Awards under the Plan do not have performance conditions or clawback
provisions due to the all-employee nature of the Plan
Arrangements for the Company or a subsidiary to provide financial assistance None
to the grantees
Number of shares available for future grant under the plan mandate The Plan is subject to a limit on the number of Shares committed to be issued
under all Plan Awards:
10% of the ordinary share capital of the Company in issue immediately before
that day, when added to the number of Shares which have been issued, or
committed to be issued, to satisfy Awards under the Plan, or options or awards
under any other employee share plan operated by the Company granted in the
previous 10 years. The number of Shares available to issue under this limit is
1,004,579,418.
Grant date 13 April 2023
Category of grantee Employees
Number of shares under Awards 277,730 LSE listed shares
284,890 HKSE listed shares
Closing market price of the ordinary shares on the London Stock Exchange and GBP 5.673
the Hong Kong Stock Exchange on the date of grant
HK$ 55.25
Purchase price of Awards granted GBP 0
Vesting period of the Awards 2 years 6 months
Performance Targets and Clawback Grants of Awards under the Plan do not have performance conditions or clawback
provisions due to the all-employee nature of the Plan
Arrangements for the Company or a subsidiary to provide financial assistance None
to the grantees
Number of shares available for future grant under the plan mandate The Plan is subject to a limit on the number of Shares committed to be issued
under all Plan Awards:
10% of the ordinary share capital of the Company in issue immediately before
that day, when added to the number of Shares which have been issued, or
committed to be issued, to satisfy Awards under the Plan, or options or awards
under any other employee share plan operated by the Company granted in the
previous 10 years. The number of Shares available to issue under this limit is
1,030,741,033.
Grant date 11 July 2023
Category of grantee Employees
Number of shares under Awards 237,748 LSE listed shares
248,095 HKSE listed shares
Closing market price of the ordinary shares on the London Stock Exchange and GBP 6.009
the Hong Kong Stock Exchange on the date of grant
HK$ 60.75
Purchase price of Awards granted GBP 0
Vesting period of the Awards 2 years 3 months
Performance Targets and Clawback Grants of Awards under the Plan do not have performance conditions or clawback
provisions due to the all-employee nature of the Plan
Arrangements for the Company or a subsidiary to provide financial assistance None
to the grantees
Number of shares available for future grant under the plan mandate The Plan is subject to a limit on the number of Shares committed to be
issued under all Plan Awards:
10% of the ordinary share capital of the Company in issue immediately before
that day, when added to the number of Shares which have been issued, or
committed to be issued, to satisfy Awards under the Plan, or options or awards
under any other employee share plan operated by the Company granted in the
previous 10 years. The number of Shares available to issue under this limit is
1,016,655,682.
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, Geraldine Buckingham†,
Rachel Duan†, Georges Elhedery, Carolyn Julie Fairbairn†, James Anthony
Forese†, Steven Guggenheimer†, José Antonio Meade Kuribreña†, Kalpana
Morparia†, Eileen K Murray† and David Nish†.
* Non-executive Group Chairman
† Independent non-executive Director
HSBC Holdings plc
Registered Office and Group Head Office:
8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com
(http://www.hsbc.com/)
Incorporated in England with limited liability. Registered in England: number
617987
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