HSBC Directors Acquire Shares Under SIP
Ticker: HBCYF · Form: 6-K · Filed: Dec 30, 2024 · CIK: 1089113
Sentiment: neutral
Topics: insider-transaction, employee-stock-plan, disclosure
Related Tickers: HSBC
TL;DR
HSBC execs Bingham & Stuart bought 19 shares each on 12/27 under the SIP plan.
AI Summary
On December 27, 2024, HSBC Holdings plc announced that two Persons Discharging Managerial Responsibilities (PDMRs), Jonathan Bingham and Ian Stuart, acquired 19 ordinary shares each under the company's UK Share Incentive Plan (SIP). The acquisition price was £7.76172 per share.
Why It Matters
This filing indicates insider activity, showing that key management personnel are investing in the company's stock through an employee incentive plan.
Risk Assessment
Risk Level: low — This is a routine disclosure of share acquisitions by PDMRs under an employee plan, not indicative of significant company-specific risk.
Key Numbers
- 19 — Shares Acquired (Number of shares acquired by each PDMR.)
- £7.76172 — Price per Share (The price at which shares were acquired under the SIP.)
Key Players & Entities
- HSBC Holdings plc (company) — Company filing the report and whose shares were acquired.
- Jonathan Bingham (person) — Person Discharging Managerial Responsibilities (PDMR) who acquired shares.
- Ian Stuart (person) — Person Discharging Managerial Responsibilities (PDMR) who acquired shares.
- £7.76172 (dollar_amount) — Price per share at which the ordinary shares were acquired.
FAQ
What is the total number of shares acquired by PDMRs in this transaction?
Jonathan Bingham acquired 19 shares and Ian Stuart acquired 19 shares, for a total of 38 shares.
Under which plan were these shares acquired?
The shares were acquired under the Company's UK Share Incentive Plan (SIP).
On what date did these acquisitions take place?
The acquisitions took place on 27 December 2024.
What is the nominal value of the ordinary shares mentioned?
The ordinary shares have a nominal value of US$0.50 each.
What regulation governs this disclosure?
This disclosure is made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.
Filing Stats: 606 words · 2 min read · ~2 pages · Grade level 15.7 · Accepted 2024-12-30 11:45:10
Key Financial Figures
- $0.50 — ng acquisitions of ordinary shares of US$0.50 each (the "Shares") in HSBC Holdings pl
Filing Documents
- a6439r.htm (6-K) — 57KB
- 0001654954-24-015957.txt ( ) — 58KB
From the Filing
SHAREHOLDING a6439r 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 December   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   30 December 2024   Notification of Transactions by Persons Discharging Managerial Responsibilities   On 27 December 2024, the following acquisitions of ordinary shares of US$0.50 each (the "Shares") in HSBC Holdings plc (the "Company") took place under the Company's UK Share Incentive Plan ("SIP") at £7.76172 per Share.   Name   Number of Shares acquired   Jonathan Bingham   19 Ian Stuart   19   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 Jonathan Bingham         2 - Reason for the notification   Position/status Interim 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     2024-12-27 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 UK Share Incentive Plan   £7.76 19 £147.47     Aggregated £7.762 19 £147.47                     1 - Details of the person discharging managerial responsibilities / person closely associated   Name of natural person Ian Stuart         2 - Reason for the notification   Position/status Chief 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 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     2024-12-27 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 UK Share Incentive Plan   £7.76 19 £147.47     Aggregated £7.762 19 £147.47                     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: 30 December 2024