Summary by Futu AI
HSBC Holdings Limited granted a total of 11,845,471 share options to employees on September 24, 2024, under the HSBC Holdings Savings Priority Share Plans (United Kingdom). The share options granted are divided into two tranches, with 9,846,524 shares for a three-year period and 1,998,947 shares for a five-year period, with an exercise price of 5.303 British pounds. The exercise periods for the share options are from November 1, 2027 to April 28, 2028, and from November 1, 2029 to April 30, 2030. The closing price of ordinary shares on the grant date was 6.722 British pounds. The share options under this plan do not include performance conditions or withdrawal clauses. According to the plan's restrictions, the company has three limits on the number of shares that can be granted in the future, namely 954,583,778 shares, 1,948,958,840 shares, and 4,102,263,390 shares. This grant does not involve any directors.