HSBC grants employees 7.87M share options
The options have exercise windows from November 1, 2029, and November 3, 2031, for the respective 3-year and 5-year periods.
Rhea-AI Filing Summary
HSBC Holdings plc granted employees 7,867,865 options on September 23, 2026, to subscribe for ordinary shares at an exercise price of GBP 12.17 per share. The grant includes 6,525,297 options with a 3-year option period and 1,342,568 with a 5-year option period.
The 3-year options are exercisable from November 1, 2029 to April 30, 2030, and the 5-year options from November 3, 2031 to April 30, 2032. The stated exercise period is no later than six months from vesting. The closing market price on the grant date was GBP 15.146. The options have no performance conditions or clawback provisions due to relevant UK tax legislation, and there are no arrangements for the company or a subsidiary to provide financial assistance to grantees.
Positive
- None.
Negative
- None.
Filing Explained
The filing reports remaining capacity for future option grants of 1,109,351,532 shares under one plan limit, 1,994,024,719 under another, and 4,144,906,399 under the plan-wide allocation limit; these are available amounts, not additional options granted in this announcement.
Key Figures
Options granted: 7,867,865 options
Exercise price: GBP 12.17 per share
Options with 3-year option period: 6,525,297 options
+5 more
8 metrics
Options granted
7,867,865 options
Granted to employees on September 23, 2026
Exercise price
GBP 12.17 per share
Options granted on September 23, 2026
Options with 3-year option period
6,525,297 options
Granted on September 23, 2026
Options with 5-year option period
1,342,568 options
Granted on September 23, 2026
Closing market price
GBP 15.146 per share
On the date of grant
Shares available under the Plan's first limit
1,109,351,532 shares
Available to issue under the first Plan limit
Shares available under the Plan's second limit
1,994,024,719 shares
Available to issue under the second Plan limit
Shares available under the Plan's third limit
4,144,906,399 shares
Available to use under the third Plan limit
Key Terms
HSBC Holdings Savings-Related Share Option Plan (UK), Option Period, Vesting period, Exercise period, +1 more
5 terms
Option Period financial
"Option Period"
Vesting period financial
"Vesting period of the Options"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
Exercise period financial
"Exercise period of the Options"
The exercise period is the fixed span of time during which the holder of an option or warrant can turn that contract into shares by paying the agreed strike price. Like a coupon with an expiration date, it sets a deadline for claiming the underlying stock; after it ends the right expires and is lost. For investors, the length and timing of the exercise period affect when shares may be acquired, the flexibility to act, and the contract’s practical value.
clawback provisions financial
"do not include performance conditions or clawback provisions"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many options did HSBC grant to employees, and at what exercise price?
HSBC granted 7,867,865 options to employees on September 23, 2026, at an exercise price of GBP 12.17 per ordinary share. The options are under the HSBC Holdings Savings-Related Share Option Plan (UK).
When can employees exercise the HSBC options?
The 3-year options are exercisable from November 1, 2029 to April 30, 2030, and the 5-year options from November 3, 2031 to April 30, 2032. The stated exercise period is no later than six months from the vesting date.
Do the HSBC options have performance conditions or clawback provisions?
The options have no performance conditions or clawback provisions because of requirements of UK tax legislation relevant to the Plan. There are no arrangements for HSBC or a subsidiary to provide financial assistance to grantees.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 September
HSBC Holdings plc
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 24 September 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.
24
September 2026
(Hong
Kong Stock Code: 5)
HSBC HOLDINGS PLC
GRANT OF SHARE OPTIONS
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 23 September 2026, HSBC Holdings plc (the
“Company”) granted share options
(“Options”) to employees to subscribe for a total of
7,867,865 ordinary shares of US$0.50 each of the Company
(“Shares”) under the HSBC Holdings Savings-Related
Share Option Plan (UK) (the "Plan"). The following are the details of the
grant:
|
Exercise
Price at which the Options were granted
|
Option
Period
|
Number
of shares under Options
|
|
GBP
12.17
|
3
years
|
6,525,297
|
|
5
years
|
1,342,568
|
|
|
Total
number of Options granted
|
7,867,865
|
|
|
Closing
market price of the ordinary shares on the London Stock Exchange on
the date of grant
|
GBP
15.146
|
|
|
Vesting
period of the Options
|
3
years, exercisable from 1 November 2029 to 30 April
2030
|
|
|
5
years, exercisable from 3 November 2031 to 30 April
2032
|
||
|
Exercise
period of the Options
|
No
later than six months from the vesting date of the
Options
|
|
|
Performance
Targets and Clawback
|
Grants
of Options under the Plan do not include performance conditions or
clawback provisions due to the requirements of the UK tax
legislation relevant to 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 three limits on the number of Shares committed
to be issued under Options:
1.
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 Options 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
1,109,351,532.
2.
2,036,512,211
(being 10% of the Shares in issue (excluding treasury shares) on
the date of shareholder approval of the numerical limit under the
Plan) Shares issued under the Plan as well Options currently
outstanding that were granted after last shareholder approval. The
number of Shares available to issue under this limit is
1,994,024,719.
3.
4,675,000,000
Shares may be allocated for subscription under the Plan and put
under option (including all outstanding Options). The number of
Shares available to use under this limit is
4,144,906,399.
|
|
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†, Steven Craig
Guggenheimer†, Manveen (Pam) Kaur, Dr José Antonio Meade
Kuribreña†, Richard Henry Meddings†, Kalpana Jaisingh Morparia†, Eileen K Murray† and Swee Lian Teo†.
*
Independent non-executive Chairman
† 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:
Angela McEntee
|
|
|
Title:
Group Company Secretary
|
|
|
|
|
|
Date:
24 September 2026
|