HSBC Holdings PLC has granted 48,366,306 ordinary shares to directors, employees, and former employees under its Share Plan 2011. Directors Georges Elhedery and Manveen Kaur received 92,447 and 186,052 shares, respectively, with immediate vesting but a 12-month retention period. The broader group will see shares vest over three years, with some facing longer periods due to regulations, all while adhering to performance targets and clawback provisions.