HSBC Holdings PLC Overseas Regulatory Announcement- Grant of Options (0721A)
September 25 2020 - 4:30AM
UK Regulatory
TIDMHSBA
RNS Number : 0721A
HSBC Holdings PLC
25 September 2020
The following is the text of an announcement released to the
Stock Exchange of Hong Kong Limited on 25 September 2020 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.
25 September 2020
(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 24 September 2020, HSBC Holdings plc (the "Company") granted
share options ("Options") to employees to subscribe for a total of
111,469,393 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:
Exercise Price at which Option Period Number of shares under Option
the Options were granted
GBP 2.6270 3 years 69,704,328
5 years 41,765,065
-------------------------------------------- ------------------------------
Total number of Options 111,469,393
granted
-----------------------------------------------
Closing price of the GBP 2.8670
ordinary shares, on
the London Stock Exchange
and on the date of grant
-----------------------------------------------
Validity period of the 3 years, exercisable from 1 November 2023
Options to 30 April 2024
5 years, exercisable from 1 November 2025
to 30 April 2026
----------------------------------------------------------------------------
There were no Options granted to any director of the
Company.
For and on behalf of
HSBC Holdings plc
Aileen Taylor
Group Company Secretary and Chief Governance Officer
The Board of Directors of HSBC Holdings plc as at the date of
this announcement comprises:
Mark Tucker*, Noel Quinn, Laura Cha , Henri de Castries , James
Anthony Forese , Steven Guggenheimer , Irene Lee , José Antonio
Meade Kuribreña , Heidi Miller , Eileen K Murray , David Nish ,
Ewen Stevenson, 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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