HSBC HOLDINGS (00005.HK): Grants Conditional Awards for 286,184 Shares to Employees and Former Employees

NewTimeSpace News: On 20 August 2026, HSBC Holdings plc (stock code: 00005) announced that it granted conditional awards on 19 August 2026 under the HSBC Share Plan 2011 to employees and former employees, entitling them to subscribe for an aggregate of 286,184 ordinary shares of USD 0.50 each. The closing price of the ordinary shares on the London Stock Exchange on the date of grant was GBP 14.972 per share, with a nil purchase price.

According to the announcement, the awards will vest over three years under the Group's deferral policy (33% each on the first and second anniversaries and 34% on the third anniversary), with vesting periods of up to five years for material risk takers at group and local levels, and may be subject to a 12-month retention period after vesting. Certain awards are conditional on the completion of a strategically important project, while the remainder form part of deferred bonus arrangements required under UK regulatory requirements. No financial assistance was provided to grantees.

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