HSBC (HSBC) executives report bond purchases and 50,000-share disposal

Rhea-AI Filing Summary

HSBC Holdings plc reports dealings by two senior executives in its securities. On 24 March 2026, Co-Chief Executive for Asia and Middle East Surendra Rosha, through his spouse's family trust, purchased US$1,000,000 nominal of 6.750% Perpetual Subordinated Contingent Convertible Securities at a cost of US$994,950.00. On 25 March 2026, the same trust purchased a further US$1,000,000 nominal of 7.000% Perpetual Subordinated Contingent Convertible Securities at a cost of US$1,000,000.00. Also on 25 March 2026, Group Chief Operating Officer Suzanna White disposed of a total of 50,000 ordinary shares of US$0.50 each in London, selling 20,168 shares at £12.037 per share and 29,832 shares at £12.017072 per share. These disclosures are made in line with the UK Market Abuse Regulation.

Form 6-K: How Foreign Companies Report to the SEC →

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 March

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  

HSBC HOLDINGS PLC

26 March 2026

Notification of Transactions by Persons Discharging Managerial Responsibilities

On 24 March 2026, Surendra Rosha purchased US$1,000,000 nominal of HSBC Holdings plc 6.750% Perpetual Subordinated Contingent Convertible Securities (ISIN US404280FH76) at a cost of US$994,950.00, and on 25 March 2026 purchased US$1,000,000 nominal of HSBC Holdings plc 7.000% Perpetual Subordinated Contingent Convertible Securities (ISIN US404280FJ33) at a cost of US$1,000,000.00. The securities were purchased by his spouse, Batul Surendranath Rosha, family trust.

On 25 March 2026, Suzanna White sold a total of 50,000 ordinary shares of US$0.50 each in HSBC Holdings plc (the "Shares"). The Shares were sold in London, 20,168 at £12.037 per Share and 29,832 at £12.017072 per Share.

The following disclosure is made in accordance with the UK version of the EU Market Abuse Regulation 596/2014.

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person				Surendra Rosha
2 - Reason for the notification
Position/status				Co-Chief Executive, Asia and Middle East
Initial notification/amendment				Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity				HSBC Holdings plc
Legal Entity Identifier code				MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2026-03-24	6.750% Perpetual Subordinated Contingent Convertible Securities	US404280FH76	OTC Market		USD - US Dollars
	Nature of Transaction: Purchase of US$1m nominal			Price	Volume	Total
				$994,950.00	1	$994,950.00
			Aggregated	$994,950.00	1	$994,950.00
	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction		Currency
	2026-03-25	7.000% Perpetual Subordinated Contingent Convertible Securities	US404280FJ33	OTC Market		USD - US Dollars
	Nature of Transaction: Purchase of US$1m nominal			Price	Volume	Total
				$1,000,000.00	1	$1,000,000.00
			Aggregated	$1,000,000.00	1	$1,000,000.00

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person					Suzanna White
2 - Reason for the notification
Position/status					Group Chief Operating Officer
Initial notification/amendment					Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity					HSBC Holdings plc
Legal Entity Identifier code					MLU0ZO3ML4LN2LL2TL39
4 - Details of the transaction(s)
Transaction(s) summary table
	Date of Transaction		Financial Instrument	Identification Code	Place of Transaction		Currency
	2026-03-25		Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal				Price	Volume	Total
					£12.04	20,168	£242,762.22
				Aggregated	£12.037	20,168	£242,762.22
	Date of Transaction		Financial Instrument	Identification Code	Place of Transaction		Currency
	2026-03-25		Ordinary shares of US$0.50 each	GB0005405286	London Stock Exchange, Main Market (XLON)		GBP - British Pound
	Nature of Transaction: Disposal				Price	Volume	Total
					£12.02	29,832	£358,493.29
				Aggregated	£12.017	29,832	£358,493.29

For any queries related to this notification, please contact:

Lee Davis

Corporate Governance & Secretariat

shareholderquestions@hsbc.com

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: 26 March 2026

FAQ

What insider transactions did HSBC (HSBC) disclose in this 6-K filing?

HSBC disclosed two types of insider transactions: bond purchases linked to Co-Chief Executive Surendra Rosha and share sales by Group Chief Operating Officer Suzanna White. Both transactions involve senior management and are reported under market abuse regulation rules.

How much HSBC subordinated debt did Surendra Rosha’s family trust buy?

The family trust purchased US$1,000,000 nominal of 6.750% Perpetual Subordinated Contingent Convertible Securities and US$1,000,000 nominal of 7.000% Perpetual Subordinated Contingent Convertible Securities. The respective costs were US$994,950.00 and US$1,000,000.00, executed on 24 and 25 March 2026.

What did HSBC executive Suzanna White sell according to this report?

Group Chief Operating Officer Suzanna White sold 50,000 HSBC ordinary shares of US$0.50 each on 25 March 2026. She sold 20,168 shares at £12.037 per share and 29,832 shares at £12.017072 per share on the London Stock Exchange Main Market.

Where were the HSBC securities transactions by PDMRs executed?

The contingent convertible securities linked to Surendra Rosha were traded on the OTC market in US dollars. The ordinary shares sold by Suzanna White were traded on the London Stock Exchange Main Market in British pounds, reflecting activity across different markets and instruments.

Why is HSBC reporting these executive transactions in this document?

These dealings by persons discharging managerial responsibilities are reported to comply with the UK version of the EU Market Abuse Regulation 596/2014. The disclosure provides transparency on trades in HSBC securities by senior executives and associated persons.