Company: HBCYF
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001193125-25-034819
Chunk: 83

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-25
Form: 424B5
Chunk 83
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2025, (a) no ordinary shares of US$0.50 each have been issued since December 31, 2024 as a result of shares issued pursuant to exercises of employee share options and share plans, (b) 121,965,169 ordinary shares of US$0.50 were repurchased and cancelled since December 31, 2024 under the HSBC Holdings buy-backwhich commenced on October 31, 2024 and concluded on February 11, 2025, and (c) 3,793,287 ordinary shares of US$0.50 were repurchased and are expected to be cancelled under the HSBC Holdings buy-back which commenced on February 21, 2025 and is expected to conclude no later than April 25, 2025. There is one Series A sterling preference share in issue. Other equity instruments in issue comprise 12 outstanding series of contingent capital securities, each issued by HSBC Holdings. On February 7, 2025, HSBC Holdings issued a notice of redemption for the outstanding US$2,450 million 6.375% Perpetual Subordinated Contingent Convertible Securities (Callable March 2025 and Every Five Years Thereafter), which are expected to be redeemed on March 30, 2025. The total carrying amount of other equity instruments is expected to increase by US$1,500 million to reflect the sale of the Securities and application of the proceeds therefrom. As of December 31, 2024, HSBC had other liabilities of US$2,583,935 million and contingent liabilities and contractual commitments of US$971,597 million (including guarantees of US$109,721 million). On January 30, 2025, HSBC Holdings issued a notice of redemption for the outstanding $1,750 million 2.999% Fixed Rate/Floating Rate Senior Unsecured Notes due 2026 and the outstanding $500 million Floating Rate Senior Unsecured Notes due 2026, which are expected to be redeemed on March 10, 2025. Save as disclosed in the above notes, there has been no material change in the issued share capital of HSBC Holdings, or its consolidated capitalization and indebtedness, since December 31, 2024. The following exchange rate as of December 31, 2024 has been used in the notes above: £1.00 = US$1.25445. S-54

DESCRIPTION OF THE SECURITIES

The following summary description