HSBC (NYSE: HSBC) grants 351k conditional employee share awards

Rhea-AI Filing Summary

HSBC Holdings plc reported that on 12 January 2026 it granted conditional share awards to employees under its HSBC International Employee Share Purchase Plan. These Awards cover a total of 351,143.02986 ordinary shares of US$0.50 each, split between 184,203.44037 London-listed shares and 166,939.58949 Hong Kong-listed shares. The purchase price for the Awards is GBP 0, meaning employees do not pay to receive the shares, and the Awards vest after 2 years and 9 months. The Awards carry no performance conditions or clawback provisions because the Plan is designed for all employees. The Plan is subject to an overall limit of 10% of the Company’s ordinary share capital, and 1,083,646,594 shares remain available to be issued under this limit.

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d - 16 of

the Securities Exchange Act of 1934

For the month of January

HSBC Holdings plc

42nd Floor, 8 Canada Square, London E14 5HQ, England

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F).

Form 20-F X Form 40-F  

The following is the text of an announcement released to The Stock Exchange of Hong Kong Limited on 13 January 2026 pursuant to rules 17.06A, 17.06B and 17.06C 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.

13 January 2026

                                                                                                                                                                                                                                                                                                                              (Hong Kong Stock Code: 5)

HSBC HOLDINGS PLC

GRANT OF CONDITIONAL AWARDS

This announcement is made pursuant to Rules 17.06A, 17.06B and 17.06C of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

On 12 January 2026, HSBC Holdings plc (the "Company") granted conditional awards ("Awards") to employees to subscribe for a total of 351,143.02986 ordinary shares of US$0.50 each of the Company under the HSBC International Employee Share Purchase Plan (the "Plan").

The following are the details of the grants:

Grant date	12 January 2026
Category of grantee	Employees
Number of shares under Awards	184,203.44037 LSE listed shares  166,939.58949 HKSE listed shares
Closing market price of the ordinary shares on the London Stock Exchange and the Hong Kong Stock Exchange on the date of grant	GBP 12.024  HKD 124.10
Purchase price of Awards granted	GBP 0
Vesting period of the Awards	2 years 9 months
Performance Targets and Clawback	Grants of Awards under the Plan do not have performance conditions or clawback provisions due to the all-employee nature of the Plan
Arrangements for the Company or a subsidiary to provide financial assistance to the grantees	None
Number of shares available for future grant under the plan mandate	The Plan is subject to a limit on the number of Shares committed to be issued under all Plan Awards: 10% of the ordinary share capital of the Company in issue immediately before that day, when added to the number of Shares which have been issued, or committed to be issued, to satisfy Awards under the Plan, or options or awards under any other employee share plan operated by the Company granted in the previous 10 years. The number of Shares available to issue under this limit is 1,083,646,594.

For and on behalf of

HSBC Holdings plc

Angela McEntee

Group Company Secretary

The Board of Directors of HSBC Holdings plc as at the date of this announcement comprises:

Brendan Robert Nelson*, Georges Bahjat Elhedery, Geraldine Joyce Buckingham†, Wei Sun Christianson†, Rachel Duan†, Dame Carolyn Julie Fairbairn†, James Anthony Forese†, Ann Frances Godbehere†, Steven Craig Guggenheimer†, Manveen (Pam) Kaur, Dr José Antonio Meade Kuribreña†, Kalpana Jaisingh Morparia†, Eileen K Murray† and Swee Lian        Teo†.

*  Independent non-executive Chair

†  Independent non-executive Director

HSBC Holdings plc

Registered Office and Group Head Office:

8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com

Incorporated in England and Wales with limited liability. Registration number 617987

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

HSBC Holdings plc

By:

Name: Aileen Taylor

Title: Group Company Secretary and Chief Governance Officer

Date: 13 January 2026

FAQ

What did HSBC (HSBC) announce in this Form 6-K?

HSBC announced the grant of conditional share awards to employees under the HSBC International Employee Share Purchase Plan, covering a total of 351,143.02986 ordinary shares.

How many HSBC shares are covered by the new employee awards?

The Awards cover 351,143.02986 ordinary shares of US$0.50 each, including 184,203.44037 London-listed shares and 166,939.58949 Hong Kong-listed shares.

What is the vesting period for the new HSBC employee share awards?

The conditional Awards granted on 12 January 2026 have a vesting period of 2 years and 9 months before the shares are delivered to employees.

Do the HSBC employee awards have a purchase price or performance conditions?

The purchase price is GBP 0, so employees do not pay for the shares. The Awards have no performance conditions or clawback provisions because the Plan is all-employee in nature.

How many HSBC shares remain available under the employee share plan limit?

Under the Plan’s 10% share capital limit, 1,083,646,594 shares remain available to be issued to satisfy awards and other employee share plans.

What overall limit applies to HSBC’s employee share plans?

The Plan is limited so that, on any day, the number of shares committed to be issued under all Awards and other employee share plans over the previous 10 years cannot exceed 10% of HSBC’s ordinary share capital in issue immediately before that day.