REG - HSBC Holdings PLC - Overseas Regulatory Announcement - Grant of Awards

HSBC HoldingsAnnouncement

10/10/2024 10:00

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RNS Number : 7062H  HSBC Holdings PLC  10 October 2024

 

The following is the text of an announcement released to the Stock Exchange of
Hong Kong Limited on 10 October 2024 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.

 

 

10 October 2024

(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 9 October 2024, HSBC Holdings plc (the "Company") granted conditional
awards ("Awards") to employees to subscribe for a total of 444,419.31691
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                                                                    9 October 2024
 Category of grantee                                                           Employees
 Number of shares under Awards                                                  213,425.07453 LSE listed shares

                                                                                230,994.24238 HKSE listed shares
 Closing market price of the ordinary shares on the London Stock Exchange and   GBP 6.694
 the Hong Kong Stock Exchange on the date of grant

                                                                                HKD 67.80
 Purchase price of Awards granted                                               GBP 0
 Vesting period of the Awards                                                  2 years
 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
                                                                               948,232,476.

 

For and on behalf of

HSBC Holdings plc

 

Aileen Taylor

Company Secretary

 

The Board of Directors of HSBC Holdings plc as at the date of this
announcement comprises:

Sir Mark Edward Tucker*, Georges Bahjat Elhedery, Geraldine Joyce
Buckingham(†), Rachel Duan(†), Dame Carolyn Julie Fairbairn(†), James
Anthony Forese(†), Ann Frances Godbehere(†), Steven Craig
Guggenheimer(†), Dr José Antonio Meade Kuribreña(†), Kalpana Jaisingh
Morparia(†), Eileen K Murray(†), Brendan Robert Nelson(†) and Swee Lian
Teo(†).

 

*  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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