HSBC Director Donates Shares for Charity
Ticker: HBCYF · Form: 6-K · Filed: Nov 6, 2024 · CIK: 1089113
Sentiment: neutral
Topics: insider-transaction, charitable-donation, executive-disclosure
Related Tickers: HSBC
TL;DR
HSBC exec Greg Guyett gifted 101,854 shares to charity on Nov 4.
AI Summary
On November 4, 2024, Greg Guyett, a person discharging managerial responsibilities at HSBC Holdings plc, transferred 101,854 ordinary shares valued at US$0.50 each as a charitable donation. The shares were gifted for nil consideration to NPT Transatlantic Limited, a UK registered charity.
Why It Matters
This filing details a transaction by a key executive, providing transparency on share movements and potential personal financial decisions impacting their holdings in HSBC.
Risk Assessment
Risk Level: low — The filing reports a routine charitable donation by an executive, which is a common and generally low-risk event.
Key Numbers
- 101,854 — Shares Donated (Greg Guyett transferred this many ordinary shares as a charitable gift.)
- US$0.50 — Share Nominal Value (This is the nominal value of each ordinary share transferred.)
Key Players & Entities
- Greg Guyett (person) — Person discharging managerial responsibilities at HSBC Holdings plc
- HSBC Holdings plc (company) — Company filing the report
- NPT Transatlantic Limited (company) — UK registered charity receiving the donation
- 101,854 (dollar_amount) — Number of ordinary shares transferred
- US$0.50 (dollar_amount) — Nominal value per ordinary share
- November 4, 2024 (date) — Date of the share transfer
FAQ
Who made the transaction?
Greg Guyett, a person discharging managerial responsibilities at HSBC Holdings plc.
What was the transaction?
A transfer of 101,854 ordinary shares as a charitable donation.
When did the transaction occur?
On November 4, 2024.
To whom were the shares donated?
To NPT Transatlantic Limited, a UK registered charity.
What was the consideration for the share transfer?
The shares were gifted for nil consideration.
Filing Stats: 415 words · 2 min read · ~1 pages · Grade level 20 · Accepted 2024-11-06 12:58:41
Key Financial Figures
- $0.50 — ransferred 101,854 ordinary shares of US$0.50 each (the "Shares") as a charitable don
Filing Documents
- a2293l.htm (6-K) — 32KB
- 0001654954-24-013807.txt ( ) — 33KB
From the Filing
SHAREHOLDING a2293l 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 November   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             HSBC HOLDINGS PLC   6 November 2024   Notification of Transaction by Person Discharging Managerial Responsibilities   On 4 November 2024, Greg Guyett transferred 101,854 ordinary shares of US$0.50 each (the "Shares") as a charitable donation by way of a gift for nil consideration to NPT Transatlantic Limited, a UK registered charity (charity number 1153376).   The following disclosure is 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 Greg Guyett         2 - Reason for the notification   Position/status 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 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     2024-11-04 Ordinary shares of US$0.50 each GB0005405286 London Stock Exchange, Main Market (XLON) GBP - British Pound     Nature of Transaction:   Transfer of shares to charity   Price   Volume Total         £0 101,854 £0     Aggregated £0 101,854 £0           For   any queries related to this notification, please contact:   Lee Davis Corporate Governance & Secretariat shareholderquestions@hsbc.com             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: 06 November 2024