FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
For the month of August
HSBC Holdings plc
42nd Floor, 8 Canada Square, London E14 5HQ, England
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).
Form 20-F X Form 40-F
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934).
Yes No X
(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ).
HSBC HOLDINGS PLC
25 August 2020
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
On 24 August 2020, awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted under the HSBC fixed pay allowance arrangements. Awards comprise part of the relevant employees' fixed remuneration for 2020. The Awards were made in London and are based upon the closing Share price on the London Stock Exchange on 21 August 2020 of £3.2815.
The Awards vest in full on the date of grant. Individual tax liabilities in respect of the vesting of the Awards were satisfied in cash. The number of Shares received by the Directors named below is therefore net of tax.
The Awards will be released in five equal annual instalments starting from March 2021.
Name | Number of Shares vested |
Noel Quinn | 91,523 |
Ewen Stevenson | 51,145 |
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||
Name of natural person | Noel Quinn | ||||||
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 | |||
2020-08-24 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | |||
Nature of Transaction: | Price | Volume | Total | ||||
Acquisition under the HSBC Share Plan 2011 | £3.28 | 91,523 | £300,332.72 | ||||
Aggregated | £3.282 | 91,523 | £300,332.72 | ||||
1 - Details of the person discharging managerial responsibilities / person closely associated | |||||||
Name of natural person | Ewen Stevenson | ||||||
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 | |||
2020-08-24 | Ordinary shares of US$0.50 each | GB0005405286 | London Stock Exchange, Main Market (XLON) | GBP - British Pound | |||
Nature of Transaction: | Price | Volume | Total | ||||
Acquisition under the HSBC Share Plan 2011 | £3.28 | 51,145 | £167,832.32 | ||||
Aggregated | £3.282 | 51,145 | £167,832.32 | ||||
For any queries related to this notification, please contact:
Larissa Wilson
Shareholder Services
020 7991 0595
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
HSBC Holdings plc | |
By: | |
Name: Aileen Taylor | |
Title: Group Company Secretary and Chief Governance Officer | |
Date: 25 August 2020 |