Company: HBCYF
Filing Date: 2025-02-25
Form Type: 424B5
Source: 0001193125-25-034819
Chunk: 109

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-25
Form: 424B5
Chunk 109
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power. We will also deliver a copy of such notice to the trustee for information purposes. Any delay or failure by us in delivering the notices referred to in this paragraph to the securityholders or the trustee shall not affect the validity or enforceability of the UK bail-inpower. By purchasing the Securities, each securityholder (which, for these purposes, includes each beneficial owner) will be deemed to have authorized, directed and requested DTC and any direct participant in DTC or other intermediary through which it holds such Securities to take any and all necessary action, if required, to implement the exercise of any UK bail-inpower with respect to the Securities as it may be imposed, without any further action or direction on the part of such securityholder, the trustee or the paying agent. Anti-dilution Adjustment of Conversion Price and Conversion Shares Offer Price Upon the occurrence of any of the events described below, the Conversion Price and the Conversion Shares Offer Price (each, a “Price” and, together, the “Prices”) will be adjusted as follows:

| (a) | If and whenever there is a consolidation, reclassification, redesignation or subdivision in relation to our                                                                                                                                          
 ordinary shares which alters the number of our ordinary shares in issue, each Price will be adjusted by multiplying the relevant Price in effect immediately prior to such consolidation, reclassification or subdivision by the following fraction: |

A B where:

| A | is the aggregate number of our ordinary shares in issue immediately before such consolidation, 
 reclassification, redesignation or subdivision, as the case may be; and                        |

| B | is the aggregate number of our ordinary shares in issue immediately after, and as a result of, such 
 consolidation, reclassification, redesignation or subdivision, as the case may be.                  |

Such adjustment will become effective on the date the consolidation, reclassification, redesignation or subdivision, as the case may be, takes effect.

| (b) | If and whenever we issue any ordinary shares to our ordinary shareholders credited as fully paid by way of                                                                                                                                           
 capitalization of profits or reserves (including any share premium account or capital redemption reserve) other than (1) where any such ordinary shares are or are to be issued instead of the whole or part of a Cash Dividend which our ordinary   
 shareholders would or could otherwise have elected to receive, (2) where our ordinary shareholders may elect to receive a Cash Dividend in lieu of such ordinary shares or (3) where any such ordinary shares are or are expected to be issued       
 in lieu