Company: HBCYF
Filing Date: 2025-11-28
Form Type: 6-K
Source: 0001654954-25-013477
Chunk: 3

Company: HSBC HOLDINGS PLC
Filing Date: 2025-11-28
Form: 6-K
Chunk 3
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 activities.

On 8 October 2025 and 26 November 2025, following an application by the Group:

(i) the Executive confirmed that dealings in relevant securities of Hang Seng Bank under the Market Making Activities by members of the Group in their capacity as the market maker or participating dealer will not have implications on the minimum level of consideration at which the Proposal is required to be made under Rule 23 and 24 of the Takeovers Code; and

(ii) the Executive granted its consent to the sale of any securities of Hang Seng Bank by members of the Group in their capacity as the market maker or participating dealer in the course of the Market Making Activities during the offer period in respect of the Proposal without the need to give 24-hours' public notice prior to such sales under Rule 21.2 of the Takeovers Code.

Passive Index-Tracking Funds managed by certain members of the Group

Certain members of the Group, in their ordinary course of business, act as fund managers to certain passive index tracking funds in which the shares in Hang Seng Bank are included as constituent stock, and conduct dealings in the relevant securities of Hang Seng Bank in such capacity.

On 29 September 2025, following an application by the Group:

(i) the Executive confirmed that dealings in the relevant securities of Hang Seng Bank by members of the Group in their capacity as the fund managers of such passive index tracking funds will not have implications on the minimum level of consideration at which the Proposal is required to be made under Rule 23 and 24 of the Takeovers Code; and

(ii) the Executive granted its consent to the sale of any securities of Hang Seng Bank by members of the Group in their capacity as the fund managers of such passive index tracking funds during the offer period in respect of the Proposal without the need to give 24-hours' public notice prior to such sales under Rule 21.2 of the Takeovers Code.

Dealings as executor and discretionary trustee of a deceased's estate

Certain member of the Group, in its ordinary course of business, provides trustee and fiduciary services for clients, including acting as the executor and discretionary trustee of a deceased's estate. In performing its role, such member of the Group may conduct dealings in the relevant securities of Hang Seng Bank in such capacity.

On 11 November 2025, following an application by the Group, the Executive granted its consent to the sale of shares of Hang Seng Bank by such member of the Group (in its capacity as the executor