1 Oct 2020 15:15
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | |
a) | Name | Wayne Hoare Β |
2 Β | Reason for the notification Β | |
a) Β | Position/status Β | Chief Human Resources Officer Β |
b) Β | Initial notification /Amendment | 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 Β Ordinary Shares Β GB00BHJYC057 |
b) Β | Nature of the transaction Β | Grant of Awards under InterContinental Hotels Group PLC Annual Performance Plan (APP) and 2019/21 Long Term Incentive Plan (LTIP) and 2020/22 LTIP following appointment as Chief Human Resources Officer. Β |
c) Β | Price(s) and volume(s) | APP Award: Conditional rights over a total of 4,666 free shares; the number of shares calculated by reference to a price of GBP42.86, being the MMQ of the Company's share price for the 3 dealing days preceding the date of grant. Β The award is conditional and will vest in 3 tranches on 14 September 2021, 14 September 2022 and 14Β September 2023. The award is subject to Wayne Hoare remaining in continuous employment with the Group until the vesting dates. Β 2019/21 LTIP Awards: The maximum number of shares that can be transferred if performance conditions are met in full: 8,237 shares. Β The number of shares were calculated by reference to a price of GBP43.416 being the MMQ of the Company' share price for the 5 days preceding the date of grant. Β The awards will vest on the business day after the announcement of the Company's 31 December 2021 year end financial results, subect to the satisfaction of conditions. Β 2020/22 LTIP awards The maximum number of shares that can be transferred if performance conditions are met in full: 14,416. Β The number of shares were calculated by reference to a price of GBP43.416 being the MMQ of the Company' share price for the 5 days preceding the date of grant. Β The awards will vest on the business day after the announcement of the Company's 31 December 2022 year end financial results, 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 | 2020-09-21 |
f) | Place of the transaction | Outside a trading venue Β |
Β
Follow the stocks