Last checked at 11 May 2023 14:00
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") announces that on 10 May 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 | 65,512 |
Michael Glover | 33,812 |
Claire Bennett | 19,668 |
Jolyon Bulley | 20,671 |
Yasmin Diamond | 13,469 |
Nicolette Henfrey | 15,748 |
Wayne Hoare | 19,387 |
Kenneth Macpherson | 18,907 |
George Turner | 19,871 |
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
| Elie Maalouf |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Executive Officer, 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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 65,512 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Michael Glover |
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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 33,812 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Claire Bennett |
2
| Reason for the notification
| |
a)
| Position/status
| Global Chief Customer 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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 19,668 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Jolyon Bulley |
2
| Reason for the notification
| |
a)
| Position/status
| Chief Executive Officer, Greater China and Group Transformation Lead, Luxury & Lifestyle |
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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 20,671 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price |
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 13,469 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
f)
| Place of the transaction
| Outside a trading venue |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Nicolette Henfrey |
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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 15,748 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
f)
| Place of the transaction
| Outside a trading venue |
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)
| 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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 19,387 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
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 Officer, Europe, Middle East, Asia 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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 18,907 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
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
| Chief Commercial & Technology 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
| 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 share awards for the 2023-2025 cycle under the InterContinental Hotels Group PLC Deferred Award Plan
|
c)
| Price(s) and volume(s)
| Conditional rights over a total of 19,871 free shares; the number of shares calculated by reference to a price of GBP 55.01, being the MMQ of the Company's share price for the 5 business days preceding the date of grant.
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.
|
d)
| Aggregated information
- Aggregated volume
- Price
|
As noted in 4c above
As noted in 4c above
|
e)
| Date of the transaction
| 2023-05-10 |
f)
| Place of the transaction
| Outside a trading venue |