HSBC Holdings PLC HSBC - Redemption notice and listing cancellation (3587K)
May 04 2022 - 12:48PM
UK Regulatory
TIDMHSBA
RNS Number : 3587K
HSBC Holdings PLC
04 May 2022
4 May 2022
HSBC HOLDINGS PLC
NOTICE OF REDEMPTION AND CANCELLATION OF LISTING
To the holders of:
SGD1,000,000,000 4.70% Perpetual Subordinated Contingent
Convertible Securities
ISIN Code: XS1624509300
(the 'Securities')
Pursuant to Condition 6(c) of the terms and conditions of the
Securities and paragraph 16 of the pricing supplement dated 6 June
2017 relating to the Securities (the 'Pricing Supplement'), notice
is hereby irrevocably given to the holders of the Securities (the
'Security holders') that on the Resettable Security Interest
Payment Date (as defined in the Pricing Supplement) falling on 8
June 2022 (the 'Redemption Date') HSBC Holdings plc will exercise
its option to redeem all of the outstanding Securities at
SGD250,000 per Calculation Amount (as defined in the Pricing
Supplement), together with accrued but unpaid interest from (and
including) the Resettable Security Interest Payment Date falling on
8 December 2021 to (but excluding) the Redemption Date.
Securityholders should look to the relevant clearing systems
through which their Securities are held for repayment.
The listing of the Securities on the Official List of the Irish
Stock Exchange plc, trading as Euronext Dublin, and the admission
of the Securities to trading on its Global Exchange Market will be
cancelled on, or shortly after, 9 June 2022.
Investor enquiries to:
Greg Case +44 (0) 20 7992 3825 investorrelations@hsbc.com
Media enquiries to:
Ankit Patel +44 (0) 20 7991 9813 ankit.patel@hsbc.com
Notes to editors:
1. HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is
headquartered in London. The HSBC Group serves customers worldwide
from offices in 64 countries and territories in its geographical
regions: Europe, Asia, North America, Latin America, and Middle
East and North Africa. With assets of US$3,022bn at 31 March 2022,
HSBC is one of the world's largest banking and financial services
organisations.
2. The Board of Directors of HSBC Holdings plc as at the date of
this announcement comprises: Mark Tucker*, Noel Quinn, Geraldine
Buckingham , Rachel Duan , Carolyn Julie Fairbairn , James Anthony
Forese , Steven Guggenheimer , José Antonio Meade Kuribreña ,
Eileen K Murray , David Nish , Ewen Stevenson and Jackson Tai .
* Non-executive Group Chairman
Independent non-executive Director
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