Last checked at 1 Oct 2020 15:15
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
1  | Details of the person discharging managerial responsibilities / person closely associated  | |
a) | Name | Wayne Hoare  |
2  | Reason for the notification  | |
a)  | Position/status  | Chief Human Resources Officer  |
b) Â | 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) Â | LEI Â | 2138007ZFQYRUSLU3J98 |
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  GB00BHJYC057 |
b)  | Nature of the transaction  | 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.  |
c) Â | 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. Â The award is conditional and will vest in 3 tranches on 14 September 2021, 14 September 2022 and 14Â September 2023. The award is subject to Wayne Hoare remaining in continuous employment with the Group until the vesting dates. Â 2019/21 LTIP Awards: The maximum number of shares that can be transferred if performance conditions are met in full: 8,237 shares. Â 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. Â 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. Â 2020/22 LTIP awards The maximum number of shares that can be transferred if performance conditions are met in full: 14,416. Â 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. Â 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. Â |
d)  | Aggregated information  - Aggregated volume  - Price |   As noted in 4c above  As noted in 4c above  |
e)  | Date of the transaction  | 2020-09-21 |
f) | Place of the transaction | Outside a trading venue  |
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