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    HSBA   GB0005405286

HSBC HOLDINGS PLC

(HSBA)
  Report
Delayed London Stock Exchange  -  11:35 2022-09-27 am EDT
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HSBC : Adjustment Procedure for HSBC28C2209A, HSBC28C2210A, HSBC28P2212A and HSBC28C2301A

08/16/2022 | 08:04am EDT

Macquarie Securities (Thailand) Limited

A Member of the Macquarie Group

28th Floor, CRC Tower, All Seasons Place

Telephone

+66 2 694 7999

87/2 Wireless Road

Facsimile

+66 2 694 7878

Lumpini, Patumwan

Internet

www.macquarie.com

Bangkok 10330

THAILAND

Ref:

MACQ-OPS 015/2022

Date:

16 August 2022

Subject : Adjustment Procedure for HSBC28C2209A, HSBC28C2210A, HSBC28P2212A and

HSBC28C2301A

Attention: President

The Stock Exchange of Thailand

As HSBC HOLDINGS PLC (0005.HK) ("HSBC") informed The Stock Exchange of Hong Kong Limited on the plan to pay cash dividend at the rate of USD 0.09 per ordinary share and set the ex-dividend date (XD) on 18 August 2022. For calculation of dividend payment per share in HKD, HSBC will determine the exchange rate after that date as details specified in this announcement

https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0801/2022080100637.pdf

Macquarie Securities (Thailand) Limited ("Issuer") as the Issuer of DW on HSBC shares will be required to calculate adjustment on 17 August 2022 in order to be effective on 18 August 2022, which is the time before the date that the exchange rate will be determined for calculation of dividend payment per share in HKD, therefore the Issuer shall apply adjustment by using USDHKD exchange rate provided by Bloomberg on 17 August 2022 at 15.00 hrs (local Thai time). This is based on Part 3.1 of the Terms and Conditions clause 1.4 (G), being an event which causes the DW Holders to lose the rights and benefits that they are entitled to, and such event is not included under Clause 1.4 (A) to (E) of Part 3.1 of the Terms and Conditions. The calculation shall be as follows:

Payment of Cash Dividend in other currency apart from the currency of the underlying securities.

Exercise price is as follows:

Exercise ratio per unit is as follows.

Where

PRICE 1 =

exercise price after adjustment of exercise

PRICE 0 =

exercise price prior to adjustment of exercise

RATIO 1 =

exercise ratio per unit after adjustment of exercise

RATIO 0 =

exercise ratio per unit prior to adjustment of exercise

S =

closing price of underlying securities on the last Business Day of the Exchange of

Underlying Securities prior to the ex-entitlement date.

D =

dividend per share payable to the shareholders in HKD calculated from

Macquarie Securities (Thailand) Limited is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia), and Macquarie Securities (Thailand) Limited's obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of

the obligations of Macquarie Securities (Thailand) Limited.

Macquarie Securities (Thailand) Limited

A Member of the Macquarie Group

28th Floor, CRC Tower, All Seasons Place

Telephone

+66 2 694 7999

87/2 Wireless Road

Facsimile

+66 2 694 7878

Lumpini, Patumwan

Internet

www.macquarie.com

Bangkok 10330

THAILAND

USDHKD exchange rate provided by Bloomberg on 17 August 2022 at 15.00 hrs (BKK time)

The adjustment shall be effective on 18 August 2022 for DWs HSBC28C2209A, HSBC28C2210A, HSBC28P2212A and HSBC28C2301A.

Please be informed accordingly.

Yours Sincerely,

__________________________

(Mr. Noppadon Duangthipnest)

Director

Macquarie Securities (Thailand) Limited is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia), and Macquarie Securities (Thailand) Limited's obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of

the obligations of Macquarie Securities (Thailand) Limited.

Disclaimer

HSBC Holdings plc published this content on 16 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2022 12:03:00 UTC.


© Publicnow 2022
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Sales 2022 52 786 M - -
Net income 2022 12 715 M - -
Net Debt 2022 - - -
P/E ratio 2022 8,74x
Yield 2022 5,45%
Capitalization 106 B 105 B -
Capi. / Sales 2022 2,01x
Capi. / Sales 2023 1,80x
Nbr of Employees 218 866
Free-Float 98,1%
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Average target price 7,85 $
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