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HSBC HSBC

Filed: 12 Mar 21, 2:38pm
 
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 March
 
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
 
12 March 2021
 
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
 
 
Annual Incentive awards (Performance Year 2017)
 
Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2018 as a part of variable pay for the performance year ended 31 December 2017.
 
On 11 March 2021, tranches of the Awards granted in 2018 vested and the following transactions took place in London:
 
 
Directors
 
Name
 
Total number of Shares vested
 
Number of Shares sold at £4.25384 per Share1
 
Noel Quinn
 
21,504
 
10,107
 
Other PDMRs
 
Name
Total number of Shares vested
 
Number of Shares sold at £4.25384 per Share1
Colin Bell
 
14,943
 
7,024
 
Georges Elhedery
 
22,303
 
6,812
Pam Kaur
 
15,631
 
7,347
Nuno Matos
 
21,154
 
7,847
Stephen Moss
 
13,660
 
6,421
Barry O'Byrne
 
7,054
 
3,316
Ian Stuart
 
13,488
 
6,340
Peter Wong
 
22,809
 
3,422
 
1 Includes shares sold to cover withholding tax.
 
The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for 12 months from the original vesting date, with the exception of Stephen Moss and Barry O'Byrne who are subject to a 6 month retention period.
 
The vesting price for the Awards is based on the closing Share price on the London Stock Exchange on 8 March 2021 of £4.5550.
 
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 personNoel Quinn 
   
2 - Reason for the notification
 
Position/statusGroup 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 entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5621,504£97,950.72 
 Aggregated£4.55521,504£97,950.72 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.2510,107£42,993.56 
 Aggregated£4.25410,107£42,993.56 
       
       
          
 
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personColin Bell 
   
2 - Reason for the notification
 
Position/statusChief Executive, HSBC Bank plc and HSBC Europe
  
Initial notification/amendment
 
Initial Notification
 
  
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
Full name of the entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5614,943£68,065.36 
 Aggregated£4.55514,943£68,065.36 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.257,024£29,878.97 
 Aggregated£4.2547,024£29,878.97 
       
       
           
 
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personGeorges Elhedery 
   
2 - Reason for the notification
 
Position/statusCo-Chief Executive, Global Banking and Markets
  
Initial notification/amendment
 
Initial Notification
 
  
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
Full name of the entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
 
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5622,303£101,590.16 
 Aggregated£4.55522,303£101,590.16 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.256,812£28,977.16 
 Aggregated£4.2546,812£28,977.16 
       
       
         
 
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personPam Kaur 
   
2 - Reason for the notification
 
Position/statusGroup Chief Risk 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 entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5615,631£71,199.20 
 Aggregated£4.55515,631£71,199.20 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.257,347£31,252.96 
 Aggregated£4.2547,347£31,252.96 
       
       
          
 
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personNuno Matos 
   
2 - Reason for the notification
 
Position/statusChief Executive, Wealth and Personal 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 entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
 Transaction(s) summary table 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5621,154£96,356.47 
 Aggregated£4.55521,154£96,356.47 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.257,847£33,379.88 
 Aggregated£4.2547,847£33,379.88 
       
       
          
 
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personStephen Moss 
   
2 - Reason for the notification
 
Position/statusChief Executive, Middle East, North Africa and Turkey
  
Initial notification/amendment
 
Initial Notification
 
  
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
Full name of the entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5613,660£62,221.30 
 Aggregated£4.55513,660£62,221.30 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.256,421£27,313.91 
 Aggregated£4.2546,421£27,313.91 
       
       
          
 
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personBarry O'Byrne 
   
2 - Reason for the notification
 
Position/statusChief Executive, Global Commercial 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 entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.567,054£32,130.97 
 Aggregated£4.5557,054£32,130.97 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.253,316£14,105.73 
 Aggregated£4.2543,316£14,105.73 
       
       
          
 
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personIan Stuart 
   
2 - Reason for the notification
 
Position/statusChief 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 entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisition under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5613,488£61,437.84 
 Aggregated£4.55513,488£61,437.84 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.256,340£26,969.35 
 Aggregated£4.2546,340£26,969.35 
       
       
          
 
1 - Details of the person discharging managerial responsibilities / person closely associated
 
Name of natural personPeter Wong 
   
2 - Reason for the notification
 
Position/statusDeputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited
  
Initial notification/amendment
 
Initial Notification
 
  
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
Full name of the entityHSBC Holdings plc
  
Legal Entity Identifier codeMLU0ZO3ML4LN2LL2TL39
  
4 - Details of the transaction(s)
 
Transaction(s) summary table
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Acquisitions under the HSBC Share Plan 2011
 
Price
 
Volume
Total
 
 
  £4.5622,809£103,895.00 
 Aggregated£4.55522,809£103,895.00 
       
 Date of TransactionFinancial InstrumentIdentification CodePlace of TransactionCurrency 
 2021-03-11Ordinary shares of US$0.50 eachGB0005405286London Stock Exchange, Main Market (XLON)GBP - British Pound 
 
Nature of Transaction:
 
Disposal
 
Price
 
Volume
Total
 
 
  £4.253,422£14,556.64 
 Aggregated£4.2543,422£14,556.64 
       
       
          
 
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: 12 March 2021