HSBC Holdings PLC Overseas Regulatory Announcement- Grant of Options (7504M)

TIDMHSBA

RNS Number : 7504M

HSBC Holdings PLC

23 September 2021

The following is the text of an announcement released to the Stock Exchange of Hong Kong Limited on 23 September 2021 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 2021

(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 22 September 2021, HSBC Holdings plc (the "Company") granted share options ("Options") to employees to subscribe for a total of 15,410,381 ordinary shares of US$0.50 each of the Company under the HSBC Holdings Savings-Related Share Option Plan (UK). The following are the details of the grant:

 
 Exercise Price at which       Option Period      Number of shares under 
  the Options were granted                         Option 
 GBP 3.1460                    3 years            12,147,242 
  5 years                                         3,263,139 
 ----------------------------------------------  -------------------------- 
 Total number of Options       15,410,381 
  granted 
                              --------------------------------------------- 
 Closing price of the          GBP 3.7540 
  ordinary shares, on 
  the London Stock Exchange 
  and on the date of 
  grant 
                              --------------------------------------------- 
 Validity period of            3 years, exercisable from 1 November 2024 
  the Options                   to 30 April 2025 
  5 years, exercisable from 1 November 2026 
   to 30 April 2027 
 --------------------------------------------------------------------------

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, Rachel Duan , Carolyn Julie Fairbairn , James Anthony Forese , Steven Guggenheimer , Irene Lee , José Antonio Meade Kuribreña , 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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