HSBC 2011 Annual Report Download - page 253

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Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Sterling Preference Shares
The Sterling Preference Shares carry the same rights and obligations under the Articles of Association as the Dollar
Preference Shares, save in respect of certain rights and obligations that attach to Sterling Preference Shares to be
determined by the Board prior to allotment of the relevant preference shares and the timing and payment of proceeds
from the redemption of each class of share. The one Sterling Preference Share in issue at 27 February 2012 carries
the same rights and obligations as the Dollar Preference Shares in issue at 27 February 2012 to the extent described
in the section above save as follows:
1. the holder of the Sterling Preference Share is not entitled to attend or vote at general meetings;
2. the Sterling Preference Share may be redeemed in whole on any date as may be determined by the Board; and
3. the exceptions to the circumstances in which a dividend will not be declared or paid do not apply.
A dividend of £0.04 per annum is payable on the Sterling Preference Share in issue at 27 February 2012. The
dividend is paid at the rate of £0.01 per quarter at the sole and absolute discretion of the Board.
Euro Preference Shares
The Euro Preference Shares carry the same rights and obligations under the Articles of Association as the Dollar
Preference Shares, save in respect of certain rights and obligations that attach to Euro Preference Shares which are to
be determined by the Board prior to allotment of the relevant preference shares and the timing and payment of
proceeds from the redemption of each class of share.
Share capital during 2011
The following events occurred during the year in relation to the ordinary share capital of HSBC Holdings:
Scrip dividends
HSBC Holdings
ordinary shares of US$0.50 Market value
Issued in lieu of In Number US$ £
Third interim dividend for 2010 ..................................... January 2011 19,637,010 10.4577 6.5644
Fourth interim dividend for 2010 ................................... May 2011 110,222,824 10.2564 6.2642
First interim dividend for 2011 ...................................... July 2011 19,973,377 10.2077 6.3268
Second interim dividend for 2011 .................................. October 2011 20,741,956 8.5685 5.1714
All-Employee share plans
Number Exercise price
from to
HSBC Holdings savings-related share option plans
HSBC ordinary shares issued in £ .................................................. 4,121,164 £ 3.3116 6.6870
HSBC ordinary shares issued in HK$ ............................................. 2,350,010 HK$ 37.8797 94.5057
HSBC ordinary shares issued in US$ ............................................. 840,284 US$ 4.8876 12.0958
HSBC ordinary shares issued in € .................................................. 127,587 € 3.6361 9.0818
Options over HSBC ordinary shares lapsed ........................................ 20,150,233
Options over HSBC ordinary shares granted in response to 45,000
applications from HSBC employees in 70 countries and
territories on 20 April 2011 ............................................................. 23,198,860 –
Plan d’Epargne Entreprise
HSBC ordinary shares issued for the benefit of non-UK resident
employees of HSBC France and its subsidiaries ............................ 3,269,545 € 5.9310
Discretionary share incentive plans
HSBC ordinary
shares issued Exercise price (£)
Options
lapsed
from to
Options exercised under:
The HSBC Holdings Group Share Option Plan ............... 645,987 6.0216 7.9606 31,751,804
The HSBC Share Plan ....................................................... – – – –