Company: HBCYF
Filing Date: 2025-03-12
Form Type: 6-K
Source: 0001654954-25-002663
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Company: HSBC HOLDINGS PLC
Filing Date: 2025-03-12
Form: 6-K
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#### 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
<div align='center'>For the month of March</div>

#### HSBC Holdings plc
<div align='center'>42nd Floor, 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</div>

### HSBC HOLDINGS PLC

#### 12 March 2025
<div align='center'>**Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")**</div>

**1. Annual Incentive awards (Performance Year 2017)

Deferred awards (the "Awards") of US$0.50 ordinary shares (the "Shares") in HSBC Holdings plc (the "Company") were granted in 2018 as a part of variable pay for the performance year ended 31 December 2017.

On 10 March 2025, tranches of the Awards granted in 2018 vested and the following transactions took place in London:**

#### Directors
| Name | Total number of Shares vested | Number of Shares sold at £8.613754per 
                                Share1 |
| Pam  
 Kaur |                        15,633 |                                 7,348 |

#### Other PDMRs
| Name   | Total number of Shares vested | Number of Shares sold at £8.613754per 
                                Share1 |
| Ian    
 Stuart |                        13,490 |                                 6,341 |

**1 Represents shares sold to cover withholding tax .

The PDMRs are required to retain a number of Shares equivalent in value to those that vested under the Awards (net of tax liabilities) for twelve months from the original vesting date.

2. Annual Incentive awards (Performance Year 2018)

Awards of Shares in the Company were granted in 2019 as a part of variable pay for the performance year ended 31 December 2018.

On 10 March 2025, tranches of the Awards granted in 2019 vested and the following transactions took place in London:**

#### Directors
| Name | Total number of