Hsbc Holdings PLC 6-K Filing

FAQ

Key Financial Figures

• $0.50 — a total of 501,618 ordinary shares of US$0.50 each of the Company (" Shares ") under

Filing Documents

• a3046g.htm (6-K) — 31KB
• 0001654954-25-012591.txt ( ) — 32KB

From the Filing

REGULATORY ANNOUNCEMENT - GRANT OF AWARDS a3046g 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       The following is the text of an announcement released to The Stock Exchange of Hong Kong Limited on 5 November 2025 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.         5 November 2025 (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 4 November 2025, HSBC Holdings plc (the " Company ") granted conditional awards (" Awards ") to employees and former employees to subscribe for a total of 501,618 ordinary shares of US$0.50 each of the Company (" Shares ") under the HSBC Share Plan 2011 (the " Plan ").   The following are the details of the grants:   Grants to other grantees :     Category of grantee   Employees and former employees   Number of shares under Awards   501,618   Closing market price of the ordinary shares on the London Stock Exchange on the date of grant   GBP 10.75   Purchase price of Awards granted   GBP 0   Vesting period of the Awards   Under the HSBC Group-wide deferral policy, vesting occurs over a three year period with 33% vesting on the first and second anniversaries of grant and 34% on the third anniversary. Group and local Material Risk Takers may be subject to longer vesting periods of up to seven years, as required under the relevant remuneration regulations. Awards may be subject to a six- or 12-month retention period following vesting. Immediately vested share awards may be subject to a six- or 12-month retention period following vesting. The Company views it as appropriate for the immediately vested share awards to vest immediately and not to be subject to a vesting period for two reasons: 1)   The immediately vested share award is a non-deferred portion of the Material Risk Takers remuneration, which must be partly delivered in shares to comply with UK regulation; each employee will also be granted a deferred share award for which the vesting schedule is noted above. 2)   The immediately vested share award is subject to a retention period of six- or 12-months, during which time the shares cannot be sold. The vesting period for buy-out awards for new hires generally mirror those of the forfeited awards from the previous employer. Where the forfeited award was subject to a post vesting retention period, a retention period will be applied to the buy-out award.   Performance Targets and Clawback   Certain awards are subject to the completion of a strategically important project. No performance targets apply to any Plan Awards on the basis that the Awards are a form of deferred bonus to meet regulatory requirements in the UK. Performance targets instead attach to the initial award of the Variable Pay. Buy-out awards are subject to clawback where the forfeited award of the relevant employee's former employer was subject to clawback. Where the employee's forfeited award was not subject to clawback, no clawback terms are applied to the replacement HSBC award. Clawback applies to all other Plan Awards in line with the Company's regulatory obligations as set out in the Company's internal clawback policy.   Arrangements for the Company or a subsidiary to provide financial assistance to the grantees   None   Number of shares available for future grant under the plan mandate   The Plan is subject to two limits on the number of Shares committed to be issued under all Plan Awards: 1.   10% of the ordinary share capital of the Company in issue immediately before that day, less the number of Shares which have been issued,

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