HONG KONG - HSBC Holdings (NYSE: HSBC ) PLC (LSE:HSBA) announced on Monday that it has granted conditional awards to employees for a total of 496,170.2906 ordinary shares as part of its HSBC International Employee Share Purchase Plan. The awards were given to employees on Sunday, allowing them to subscribe for HSBC shares listed on both the London Stock Exchange (LON: LSEG ) (LSE) and the Hong Kong Stock Exchange (HKSE). The share grants, which include 246,365.27906 shares listed on the LSE and 249,805.01154 shares listed on the HKSE, come with no purchase price and have a vesting period of two and a half years. Notably, these grants do not have performance conditions or clawback provisions, reflecting the all-employee nature of the plan. On the date of the grant, the closing market price of HSBC's ordinary shares was GBP 7.132 on the LSE and HKD 71.70 on the HKSE. The company specified that no financial assistance would be provided to the grantees by the company or any subsidiary.