Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInterContinental Hotels Regulatory News (IHG)

Share Price Information for InterContinental Hotels (IHG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8,174.00
Bid: 8,170.00
Ask: 8,174.00
Change: -6.00 (-0.07%)
Spread: 4.00 (0.049%)
Open: 8,216.00
High: 8,290.00
Low: 8,160.00
Prev. Close: 8,180.00
IHG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Result of GM

30 Jun 2014 14:50

RNS Number : 9383K
InterContinental Hotels Group PLC
30 June 2014
 



This announcement replaces RNS 8865K, with amended figures regarding the number of shares for which admission is being sought.

 

InterContinental Hotels Group PLC ("IHG" or the "Company")

 

Results of General Meeting: Special Dividend and Share Consolidation

 

At IHG's General Meeting held today, Monday, 30 June 2014, Shareholders approved both of the Resolutions set out in the Notice of General Meeting sent to Shareholders on Friday, 6 June 2014. These Resolutions were in connection with IHG's proposed Share Consolidation and the obtaining of a new authority to enable the Company to make market purchases of its New Ordinary Shares following the implementation of the Share Consolidation.

 

Special Dividend

 

The Share Consolidation was proposed in the context of a Special Dividend of US$2.93 (174.9 pence) per Existing Ordinary Share or per ADS (as applicable) immediately prior to the Share Consolidation. Following today's approval of both of the Resolutions by Shareholders, the Board has approved the payment of the Special Dividend of US$2.93 (174.9 pence) per Existing Ordinary Share or per ADS (as applicable) to Shareholders on the Register as at 6.00pm today, Monday, 30 June 2014, in pounds sterling and to ADR holders on the ADR register as at 4.00pm (New York time) today, Monday, 30 June 2014 (being the close of business on the day before the ADR effective date), in US dollars, such dividend to be paid on Monday, 14 July 2014.

 

Listing and Trading Application

 

Application has been made for 247,655,712 New Ordinary Shares of 15 265/329 pence (including 11,538,456 treasury shares) to be admitted to the premium segment of the Official List to the UK Listing Authority and to be admitted to trading on the London Stock Exchange's main market for listed securities to the London Stock Exchange. It is expected that dealings in the New Ordinary Shares will commence on Tuesday, 1 July 2014.

 

Results of General Meeting

 

Voting was conducted by way of a poll on both the Resolutions proposed at the General Meeting. The number of votes for and against each of the Resolutions put before the General Meeting and the number of votes withheld were as follows:

 

Resolution

Votes For

%

Votes Against

%

Total Votes

Votes Withheld

1. 1.

Consolidation of share capital

168,029,327

99.69

514,802

0.31

168,544,129

182,009

2.

Authority to purchase own shares

168,408,417

99.93

118,118

0.07

168,526,535

199,603

 

NOTES:

 

1. The 'For' vote includes those giving the Chairman discretion.

 

2. Votes 'Withheld' are not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.

 

3. The total number of Existing Ordinary Shares in issue (including treasury shares) on Thursday, 26 June 2014 was 268,293,688. The Company holds just under 12.5 million treasury shares.

 

4. Copies of both Resolutions will be submitted to the UK Listing Authority via the National Storage Mechanism and will be available in due course for inspection at www.hemscott.com/nsm.do.

 

All definitions used in the Circular to Shareholders dated Friday, 6 June 2014 have the same meaning when used in this announcement.

 

For further information

 

Investor Relations (Catherine Dolton, David Kellett,

+44 (0)1895 512176

+44 (0)7808 098724

Isabel Green):

Media Relations (Yasmin Diamond, Zoe Bird):

+44 (0)1895 512008

+44 (0)7736 746167

 

Merrill Lynch International, which is authorised by the PRA and regulated in the United Kingdom by the FCA and the PRA, is acting as a corporate broker to InterContinental Hotels Group PLC and no-one else in connection with the Special Dividend and Share Consolidation and will not be responsible to anyone other than InterContinental Hotels Group PLC for providing the protections afforded to clients of Merrill Lynch International nor for providing advice in connection with the proposed Special Dividend and Share Consolidation or the contents of this document or any other matter referred to herein.

 

Notes for editors

 

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of nine hotel brands, including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, EVEN™ Hotels and HUALUXE® Hotels and Resorts.

 

IHG manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with nearly 79 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet across all hotels, globally.

 

IHG franchises, leases, manages or owns over 4,700 hotels and 688,000 guest rooms in nearly 100 countries and territories, with more than 1,100 hotels in its development pipeline.

 

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.

 

Visit www.ihg.comfor hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media, www.twitter.com/ihg, www.facebook.com/ihg or www.youtube.com/ihgplc.

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ROMURSORSBANOAR
Date   Source Headline
17th Jun 20247:00 amRNSTransaction in Own Shares
14th Jun 20247:00 amRNSTransaction in Own Shares
13th Jun 20247:00 amRNSTransaction in Own Shares
12th Jun 20247:00 amRNSTransaction in Own Shares
11th Jun 20247:00 amRNSTransaction in Own Shares
10th Jun 20247:00 amRNSTransaction in Own Shares
7th Jun 20247:00 amRNSTransaction in Own Shares
6th Jun 20247:00 amRNSTransaction in Own Shares
5th Jun 20247:00 amRNSTransaction in Own Shares
4th Jun 20247:00 amRNSTransaction in Own Shares
3rd Jun 202410:30 amRNSTotal Voting Rights
3rd Jun 20247:00 amRNSTransaction in Own Shares
31st May 20247:00 amRNSTransaction in Own Shares
30th May 20247:00 amRNSTransaction in Own Shares
29th May 20247:00 amRNSTransaction in Own Shares
28th May 20247:00 amRNSTransaction in Own Shares
24th May 20247:00 amRNSTransaction in Own Shares
23rd May 20247:00 amRNSTransaction in Own Shares
22nd May 20247:00 amRNSTransaction in Own Shares
21st May 20247:00 amRNSTransaction in Own Shares
20th May 20247:00 amRNSTransaction in Own Shares
17th May 20247:00 amRNSTransaction in Own Shares
16th May 20247:00 amRNSTransaction in Own Shares
15th May 20247:00 amRNSTransaction in Own Shares
14th May 202411:00 amRNSDirector/PDMR Shareholding
14th May 20247:00 amRNSTransaction in Own Shares
13th May 20247:00 amRNSTransaction in Own Shares
10th May 20247:00 amRNSTransaction in Own Shares
9th May 20247:00 amRNSTransaction in Own Shares
8th May 20249:00 amRNSDirector/PDMR Shareholding
8th May 20247:00 amRNSTransaction in Own Shares
7th May 20247:00 amRNSTransaction in Own Shares
3rd May 20242:15 pmRNSResult of AGM
3rd May 20247:01 amRNS2024 First Quarter Trading Update
3rd May 20247:00 amRNSChanges to System Fund Arrangements
3rd May 20247:00 amRNSTransaction in Own Shares
2nd May 20247:00 amRNSTransaction in Own Shares
1st May 202411:00 amRNSTotal Voting Rights
30th Apr 20247:00 amRNSTransaction in Own Shares
29th Apr 20247:00 amRNSTransaction in Own Shares
26th Apr 20247:00 amRNSTransaction in Own Shares
25th Apr 20242:00 pmRNSDividend Declaration
25th Apr 20247:00 amRNSTransaction in Own Shares
24th Apr 20247:00 amRNSTransaction in Own Shares
23rd Apr 20247:00 amRNSTransaction in Own Shares
22nd Apr 20247:00 amRNSTransaction in Own Shares
19th Apr 20247:00 amRNSTransaction in Own Shares
18th Apr 20247:00 amRNSTransaction in Own Shares
17th Apr 20247:00 amRNSTransaction in Own Shares
16th Apr 20247:00 amRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.