HSBC 2003 Annual Report Download - page 212

HSBC HOLDINGS PLC
Report of the Directors (continued)
210
Sir John Bond has an interest as beneficial
owner in £290,000 of HSBC Capital Funding
(Sterling 1) L.P. 8.208 per cent Non-cumulative
Step-up Perpetual Preferred Securities, which he
held throughout the year.
D G Eldon has an interest as beneficial owner in
300 Hang Seng Bank Limited ordinary shares of
HK$5.00 each, which he held throughout the year.
S K Green has an interest as beneficial owner in
€75,000 of HSBC Holdings plc 5½ per cent
Subordinated Notes 2009 and in £100,000 of HSBC
Bank plc 9 per cent Subordinated Notes 2005, which
he held throughout the year.
H Sohmen has a corporate interest in
£1,200,000 of HSBC Bank plc 9 per cent
Subordinated Notes 2005 and his spouse has an
interest in US$3,000,000 of HSBC Bank plc Senior
Subordinated Floating Rate Notes 2009, which were
held throughout the year. H Sohmen’s spouse also
has an interest in 107,800 ordinary shares of US$100
each in International United Shipping and
Investment Company, an associated corporation of
HSBC, representing 35 per cent of the ordinary
shares in issue, which she held throughout the year.
During the year, H Sohmen ceased to have an
interest through a corporate body in US$3,000,000
of HSBC Capital Funding (Dollar 1) L.P. 9.547 per
cent Non-cumulative Step-up Perpetual Preferred
Securities, Series 1 and in US$2,900,000 of HSBC
Finance Nederland BV 7.40 per cent securities 2003.
As Directors of CCF S.A., C F W de Croisset,
W R P Dalton and S K Green each had an interest as
beneficial owner in one share of €5 each in that
company, which they held throughout the year. The
Directors have waived their rights to receive
dividends on these shares and have undertaken to
transfer these shares to HSBC on ceasing to be
Directors of CCF.
No directors held any short positions as defined
in the Securities and Futures Ordinance of Hong
Kong. Save as stated above and in the Directors'
Remuneration Report, none of the Directors had an
interest in any shares or debentures of any HSBC
corporation at the beginning or at the end of the year,
and none of the Directors or members of their
immediate family was awarded or exercised any
right to subscribe for any shares or debentures during
the period.
Since the end of the year, the interests of each of
the following Directors have increased by the
number of HSBC Holdings ordinary shares shown
against their name:
Beneficial
owne
r
Trustee
Chil
d
under 18
or spouse
Beneficiar
y
of a trus
t
Othe
r
W F Aldinger ............
–
–
–
7,5841
–
Sir John Bond ............ 482
–
2534,8404
–
R K F Ch’ ien ............. 3625
–
–
–
–
C F W de Croisset ...... 2965
–
–
–
–
W R P Dalton ............ 3006
–
–
2,5591
–
Baroness Dun
n
........... 9295
–
–
–
–
D G Eldon ................. 3645
–
7
52,2861
–
D J Flint .................... 4077
–
1432,6211
–
S K Green ................. 1,1088355511952,9995
–
A W Jebson ............... 4565
–
–
2,7441
–
Lord Marshall............. 635
–
–
–
–
Sir Brian Moffat ........ 455
–
–
–
–
H Sohmen .................
–
–
7,6925
–
15,5299
Sir Brian Williamson . 1205
–
–
–
–
1 Scrip dividend on awards held under Restricted Share Plan.
2 Comprises the automatic reinvestment of dividend income by an
Individual Savings Account and Personal Equity Plan manager
(31 shares) and the acquisition of shares in the HSBC Holdings UK
Share Ownership Plan through normal monthly contributions and the
reinvestment of dividends on shares held in the plan (17 shares).
3 The automatic reinvestment of dividend income by an Individual
Savings Account and Personal Equity Plan manager.
4 Comprises scrip dividend on awards held under Restricted Share Plan
(4,253 shares) and on shares held in a Trust (587 shares).
5 Scrip dividend.
6 Comprises scrip dividend on shares held as beneficial owner (283
shares) and the acquisition of shares in the HSBC Holdings UK Share
Ownership Plan through normal monthly contributions and the
reinvestment of dividends on shares held in the plan (17 shares).
7 Comprises scrip dividend on shares held as beneficial owner (357
shares), the acquisition of shares in the HSBC Holdings UK Share
Ownership Plan through normal monthly contributions and the
reinvestment of dividends on shares held in the plan (17 shares) and
the automatic reinvestment of a cash dividend by an Individual
Savings Account and Personal Equity Plan manager (33 shares).
8 Comprises scrip dividend on shares held as beneficial owner (1,091
shares) and the acquisition of shares in the HSBC Holdings UK Share
Ownership Plan through normal monthly contributions and the
reinvestment of dividends on shares held in the plan (17 shares).
9 Comprises scrip dividend on interests held by private investment
companies.
There have been no other changes in Directors’
interests from 31 December 2003 to the date of this
Report. Any subsequent changes up to the last
practicable date before the publication of the ‘Notice
of Annual General Meeting’ will be set out in the
notes to that Notice.
At 31 December 2003, Directors and Senior
Management held, in aggregate, beneficial interests
in 17,038,126 HSBC Holdings ordinary shares
(0.2 per cent of the issued ordinary shares).