Skip to main content

This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

HSBC Announces Major Interest in Shares

Hamilton, Bermuda: 27 August 2004 - The Company was notified yesterday that Credit Suisse First Boston, through its subsidiaries listed below, had a notifiable interest as at 24 August 2004 in 419,492,040 ordinary shares of US$0.50 each in HSBC Holdings plc, representing approximately 3.78% of the ordinary shares in issue.

A copy of the letter of notification is quoted below.

N Black

Assistant Secretary

HSBC Holdings plc

Letter to HSBC Holdings plc dated 26 August 2004 from Daniel Sturrock, Director - Legal and Compliance, Credit Suisse First Boston International

"Dear Sirs

HSBC Holdings plc (the "Company")

This notification relates to the ordinary shares of the Company (the "shares") and is given in fulfilment of the obligations imposed under Section 198 of the Companies Act 1985 (the "Act").

We hereby notify you that on 24 August 2004, following acquisitions, CSFB (as defined below) holds the following interests in the issued share capital of the Company:

1. Credit Suisse First Boston Equities Limited ("CSFBEq"): 41,626,844 shares. This includes 2,383,037 shares in which CSFBEq is interested by virtue of the right to redelivery of equivalent securities under stock lending arrangements.

2. Credit Suisse First Boston (Europe) Limited ("CSFBEL"): 7,121,300 shares. CSFBEL is interested in these shares by virtue of the right to redelivery of equivalent securities under stock lending arrangements.

3. Credit Suisse First Boston International ("CSFBi): 137,173,133 shares.

4. Credit Suisse First Boston (Hong Kong) Limited ("CSFBHK"): 233,169,263 shares.

5. Credit Suisse First Boston LLC ("CSFBLLC"): 401,500 shares.

CSFB now holds a total interest of 419,492,040 being equivalent to approximately 3.78% of the issued share capital of the Company.

CSFBEq, CSFBi, CSFBHK, CSFBLLC, and CSFBEL are members of the Credit Suisse First Boston group of companies ("CSFB"). Those group companies which are direct or indirect holding companies of CSFBEq, CSFBi, CSFBHK, CSFBLLC, and CSFBEL are each interested by attribution in any shares in which CSFBEq, CSFBi, CSFBHK, CSFBLLC, and CSFBEL are interested.

Yours faithfully

Daniel Sturrock

Director - Legal and Compliance"