HSBC 2010 Annual Report Download - page 207

205
Overview Operating & Financial Review Governance Financial Statements Shareholder Information
Directors’ interests
HSBC Holdings ordinary shares of US$0.50
At 31 December 2010
At
1 January
2010
Beneficial
owner
Child
under 18
or spouse
Jointly
with
another
person Trustee
Total
interests1
V H C Cheng .................................... 466,165 485,493 189,072 – – 674,565
J D Coombe ...................................... 19,676 20,341 – – – 20,341
R A Fairhead ..................................... 21,300 – – 21,300 – 21,300
D J Flint ............................................ 177,101 144,915 – – 33,7662 178,681
A A Flockhart ................................... 269,008 – – – 230,112 230,112
S T Gulliver ...................................... 2,731,057 2,553,592 177,485 – – 2,731,077
J W J Hughes-Hallett ........................ 67,755 – – – 39,5772 39,577
W S H Laidlaw ................................. 30,948 29,532 – – 1,4162 30,948
I J Mackay ......................................... 34,217334,217 – – – 34,217
G Morgan .......................................... 78,515 81,166 – – – 81,166
Sir Simon Robertson ......................... 140,093 8,623 – – 167,7502 176,373
J L Thornton ..................................... – – 10,2504– – 10,250
Sir Brian Williamson ........................ 36,378 37,607 – – – 37,607
1 Details of executive Directors’ other interests in HSBC Holdings ordinary shares of US$0.50 arising from the HSBC Holdings savings-
related share option plans and the HSBC Share Plan are set out in the Directors’ Remuneration Report on pages 232 and 233. At
31 December 2010, the aggregate interests under the Securities and Futures Ordinance of Hong Kong in HSBC Holdings ordinary
shares of US$0.50, including interests arising through employee share plans were: V H C Cheng – 1,546,752; D J Flint – 968,179;
A A Flockhart – 1,231,453; S T Gulliver – 4,349,161 and I J Mackay – 289,250. Each Director’s total interests represents less than
0.02% of the shares in issue.
2 Non-beneficial.
3 Interest at 3 December 2010 – date of appointment.
4 Interest in listed American Depositary Shares, which are categorised as equity derivatives under Part XV of the Securities and Futures
Ordinance of Hong Kong.
As a director of HSBC France during 2010,
S T Gulliver has an interest as beneficial owner in
one share of €5 in that company (representing less
than 0.01% of the shares in issue). He has waived his
rights to receive dividends on this share and has
undertaken to transfer it to HSBC on ceasing to be a
director of HSBC France.
V H C Cheng has an interest as beneficial owner
in RMB1,960,000 of retail bonds issued by HSBC
Bank (China), which he held throughout the year.
No Directors held any short position as defined
in the Securities and Futures Ordinance of Hong
Kong in the shares and loan capital of HSBC
Holdings and its associated corporations. Save as
stated above, none of the Directors had an interest in
any shares or debentures of HSBC Holdings or any
associated corporation at the beginning or at the end
of the year, and none of the Directors or members of
their immediate families were awarded or exercised
any right to subscribe for any shares or debentures in
any HSBC corporation during the year. Since the end
of the year, the aggregate interests of the following
Directors have increased by the number of HSBC
Holdings ordinary shares shown against their names:
Increase in Directors’ interests since 31 December 2010
HSBC Holdings ordinary shares of US$0.50
Beneficial
owner
Child under
18 or spouse Trustee
V H C Cheng ........................................................................................................... 10,38411,4461 –
J D Coombe ............................................................................................................. 1561– –
D J Flint ................................................................................................................... 6,0742– 2581
A A Flockhart .......................................................................................................... 7,6241– 1,7591
S T Gulliver ............................................................................................................. 12,376141 –
J W J Hughes-Hallett ............................................................................................... – – 3,7423
I J Mackay................................................................................................................. 1,9391– –
G Morgan ................................................................................................................. 6201– –
Sir Simon Robertson ................................................................................................ 651– –
Sir Brian Williamson ............................................................................................... 2881– –
1 Scrip dividend.
2 Comprises scrip dividend, the automatic reinvestment of dividend income by an Individual Savings Account manager (38 shares), the
acquisition of shares in the HSBC Holdings UK Share Incentive Plan through regular monthly contributions (18 shares) and the
automatic reinvestment of dividend income on shares held in the plan (17 shares).
3 Non-beneficial.