Last checked at 1 Mar 2017 11:01
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") has been notified that on 27 February 2017 the following deferred shares were granted under the Company's 2016 Annual Performance Plan:
Name of PDMR | Number of shares granted |
Richard Solomons | 13,820 |
Paul Edgecliffe-Johnson | 8,494 |
Keith Barr | 7,713 |
Angela Brav | 7,000 |
Federico Lalatta Costerbosa | 3,696 |
Yasmin Diamond | 2,774 |
Elie Maalouf | 7,860 |
Kenneth Macpherson | 6,181 |
Eric Pearson | 7,278 |
Jan Smits | 5,931 |
George Turner | 5,590 |
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
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Richard Solomons |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Executive Officer |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 13,820 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Richard Solomons ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Paul Edgecliffe-Johnson |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Financial Officer |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 8,494 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Paul Edgecliffe-Johnson ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Keith Barr |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Commercial Officer |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 7,713 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Keith Barr ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Angela Brav |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Executive, Europe |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 7,000 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Angela Brav ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Federico Lalatta Costerbosa |
2
| Reason for the notification
| |
a)
| Position/status
| Executive Vice President, Global Strategy and Corporate Development |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 3,696 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Federico Lalatta Costerbosa ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Yasmin Diamond |
2
| Reason for the notification
| |
a)
| Position/status
| Executive Vice President, Global Corporate Affairs |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 2,774 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Yasmin Diamond ceases employment with the Group before 27 February 2020. |
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Elie Maalouf |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Executive Officer, The Americas |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 7,860 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Elie Maalouf ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Kenneth Macpherson |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Executive, Greater China |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 6,181 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Kenneth Macpherson ceases employment with the Group before 27 February 2020. |
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Eric Pearson |
2
| Reason for the notification
| |
a)
| Position/status
| Executive Vice President and Chief Information Officer |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 7,278 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Eric Pearson ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Jan Smits |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Executive, Asia, Middle East and Africa |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 5,931 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if Jan Smits ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| George Turner |
2
| Reason for the notification
| |
a)
| Position/status
| Executive Vice President, General Counsel and Company Secretary |
b)
| Initial notification /Amendment
| Initial |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| InterContinental Hotels Group PLC |
b)
| LEI
| |
4
| 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
| |
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares
GB00BYXK6398 |
b)
| Nature of the transaction
| Grant of deferred share awards under InterContinental Hotels Group PLC 2016 Annual Performance Plan (APP)
|
c)
| Price(s) and volume(s)
| Rights over a total of 5,590 free shares; the number of shares calculated by reference to a price of GBP37.69, being the MMQ of the Company's share price for the 3 days preceding the date of grant.
The award is conditional and may be forfeited if George Turner ceases employment with the Group before 27 February 2020.
|
d)
| Aggregated information
- Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
e)
| Date of the transaction
| 2017-02-27 |
f)
| Place of the transaction
| Outside a trading venue |