The following is the text of an announcement released to The
Hong Kong Exchanges and Clearing Limited and The
(Hong Kong Stock Code: 5)
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
On
The following are the details of the grants:
|
Grant date |
|
|
Category of grantee |
Employees |
|
Number of shares under Awards |
161,206.61948 LSE listed shares 160,472.59811 HKSE listed shares |
|
Closing market price of the ordinary shares on the |
|
|
Purchase price of Awards granted |
|
|
Vesting period of the Awards |
2 years |
|
Performance Targets and Clawback |
Grants of Awards under the Plan do not have performance conditions or clawback provisions due to the all-employee nature of the Plan |
|
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 a limit on the number of Shares committed to be issued under all Plan Awards: 10% of the ordinary share capital of the Company in issue immediately before that day, when added to the number of Shares which have been issued, or committed to be issued, to satisfy Awards under the Plan, or options or awards under any other employee share plan operated by the Company granted in the previous 10 years. The number of Shares available to issue under this limit is 976,861,180.
|
For and on behalf of
HSBC Holdings plc
Aileen Taylor
Company Secretary
The Board of Directors of
* Independent non-executive Chair
† Independent non-executive Director
Registered Office and Group Head Office:
Incorporated in
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