9 Aug 2023 11:00
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") announces that on 8 August 2023 awards in respect of the following number of shares were granted under the Company's Deferred Award Plan:
Name of PDMR | Number of shares |
Elie Maalouf | 19,770 |
Jolyon Bulley | 7,750 |
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The transaction notification for each PDMR can be found below. This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | |
a) Β | Name Β | Elie Maalouf |
2 Β | Reason for the notification Β | |
a) Β | Position/status Β | Chief Executive Officer |
b) Β | Initial notification /Amendment Β | Initial |
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | |
a) Β | Name Β | InterContinental Hotels Group PLC |
b) Β | LEI Β | 2138007ZFQYRUSLU3J98 |
4 Β | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Β Β | |
a) Β | Description of the financial instrument, type of instrument Β Identification code Β | Β Ordinary Shares Β GB00BHJYC057 |
b) Β | Nature of the transaction Β Β | Grant of share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan Β |
c) Β | Price(s) and volume(s) Β Β | Conditional rights over a total of 19,770 free shares; the number of shares calculated by reference to a price of GBPΒ 56.74, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. Β The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2025, subject to the satisfaction of conditions. A further post-vest holding period of two years also applies to this award. Β |
d) Β | Aggregated information Β - Aggregated volume Β - Price Β | Β Β As noted in 4c above Β As noted in 4c above Β |
e) Β | Date of the transaction Β | 2023-08-08 |
f) Β | Place of the transaction Β | Outside a trading venue |
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1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | |
a) Β | Name Β | Jolyon Bulley |
2 Β | Reason for the notification Β | |
a) Β | Position/status Β | Chief Executive Officer, Americas Β |
b) Β | Initial notification /Amendment Β | Initial |
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | |
a) Β | Name Β | InterContinental Hotels Group PLC |
b) Β | LEI Β | 2138007ZFQYRUSLU3J98 |
4 Β | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Β | |
a) Β | Description of the financial instrument, type of instrument Β Identification code Β | Β Ordinary Shares Β GB00BHJYC057 |
b) Β | Nature of the transaction Β Β | Grant of share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan Β |
c) Β | Price(s) and volume(s) Β Β | Conditional rights over a total of 7,750 free shares; the number of shares calculated by reference to a price of GBPΒ 56.74, being the MMQ of the Company's share price for the 5 business days preceding the date of grant. Β The award will vest on the business day after the announcement of the Company's results for the financial year ending 31 December 2025, subject to the satisfaction of conditions. Β |
d) Β | Aggregated information Β - Aggregated volume Β - Price | Β Β As noted in 4c above Β As noted in 4c above Β |
e) Β | Date of the transaction Β | 2023-08-08 |
f) Β | Place of the transaction Β | Outside a trading venue |
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