HSBC Holdings PLC Overseas Regulatory Announcement -Grant of Options (2724N)
September 23 2019 - 5:17AM
UK Regulatory
TIDMHSBA
RNS Number : 2724N
HSBC Holdings PLC
23 September 2019
The following is the text of an announcement released to the
Stock Exchange of Hong Kong Limited on 23 September 2019 pursuant
to rule 17.06A 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.
23 September 2019
(Hong Kong Stock Code: 5)
HSBC HOLDINGS PLC
GRANT OF SHARE OPTIONS
This announcement is made pursuant to Rule 17.06A of the Rules
Governing the Listing of Securities on The Stock Exchange of Hong
Kong Limited.
On 20 September 2019, HSBC Holdings plc (the "Company") granted
share options ("Options") to employees to subscribe for a total of
32,129,659 ordinary shares of US$0.50 each of the Company under the
HSBC Holdings Savings-Related Share Option Plan. The following are
the details of the grant:
Price at which the Options Option Period Number of shares under
granted Option
GBP 4.6920 3 years 25,450,242
5 years 6,679,417
---------------------------------------------- --------------------------
Total number of options 32,129,659
granted
---------------------------------------------
Closing price of the GBP 6.1560
ordinary shares on the
date of grant
---------------------------------------------
Validity period of the 3 years, exercisable from 1 November 2022
Options to 30 April 2023
5 years, exercisable from 1 November 2024
to 30 April 2025
--------------------------------------------------------------------------
There were no options granted to any director of the
Company.
For and on behalf of
HSBC Holdings plc
Richard Gray
Group Company Secretary
The Board of Directors of HSBC Holdings plc as at the date of
this announcement comprises:
Mark Tucker*, Noel Quinn, Kathleen Casey , Laura Cha , Henri de
Castries , Irene Lee , José Meade , Heidi Miller , Marc Moses,
David Nish , Ewen Stevenson, Jonathan Symonds , Jackson Tai and
Pauline van der Meer Mohr .
* Non-executive Group Chairman
Independent non-executive Director
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END
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