REG - Interco. Hotels Grp - Director/PDMR Shareholding
14/05/2024 11:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240514:nRSN3491Oa&default-theme=true
RNS Number : 3491O InterContinental Hotels Group PLC 14 May 2024
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") announces that, on 13 May
2024, awards in respect of the following number of shares were granted under
the Company's Deferred Award Plan for the 2024-2026 cycle:
Name of PDMR Number of shares
Elie Maalouf 63,137
Michael Glover 24,673
Daniel Aylmer 7,715
Heather Balsley 12,995
Jolyon Bulley 22,242
Yasmin Diamond 10,578
Jolie Fleming 8,814
Nicolette Henfrey 12,626
Wayne Hoare 14,148
Kenneth Macpherson 13,797
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
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 63,137 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, 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 As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 24,673 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, 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 As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Daniel Aylmer
2 Reason for the notification
a) Position/status Chief Executive Officer, 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 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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 7,715 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Heather Balsley
2 Reason for the notification
a) Position/status Chief Commercial & Marketing 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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 12,995 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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, 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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 22,242 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 10,578 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jolie Fleming
2 Reason for the notification
a) Position/status Chief Product & 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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 8,814 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 12,626 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 14,148 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Grant of share awards under the InterContinental Hotels Group PLC Deferred
Award Plan for the 2024-2026 cycle
c) Price(s) and volume(s) Conditional rights over a total of 13,797 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2026, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
f) Place of the transaction Outside a trading venue
The Company further announces that, on 13 May 2024, awards in respect of the
following number of shares were additionally granted under the Company's
Deferred Award Plan for the 2022-2024 award cycle:
Name of PDMR Number of shares
Elie Maalouf 19,629
Michael Glover 12,678
Daniel Aylmer 1,084
Jolyon Bulley 4,929
Jolie Fleming 499
In addition, the Company announces that, on 13 May 2024, awards in respect of
the following number of shares were granted under the Company's Deferred Award
Plan for the 2023-2025 cycle:
Name of PDMR Number of shares
Daniel Aylmer 2,380
Jolie Fleming 1,330
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
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Pro-rata grant of share awards under the InterContinental Hotels Group PLC
Deferred Award Plan for the 2022-2024 cycle.
c) Price(s) and volume(s) Conditional rights over a total of 19,629 free shares; the number of shares
calculated by reference to a price of GBP 56.74, being the MMQ of the
Company's share price for the 5 business days preceding the date of grant of
the equivalent pro-rata award granted on 8 August 2023.
The award will vest on the business day after the announcement of the
Company's results for the financial year ending 31 December 2024, 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 As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Pro-rata grant of share awards under the InterContinental Hotels Group PLC
Deferred Award Plan for the 2022-2024 cycle.
c) Price(s) and volume(s) Conditional rights over a total of 12,678 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 of
the equivalent pro-rata award granted on 10 May 2023.
The award will vest on the business day after the announcement of the
Company's results for the financial year ending 31 December 2024, 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 As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Daniel Aylmer
2 Reason for the notification
a) Position/status Chief Executive Officer, 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 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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Pro-rata grant of share awards under the InterContinental Hotels Group PLC
Deferred Award Plan for the 2022-2024 cycle and 2023-2025 cycle
c) Price(s) and volume(s) 2022-2024 DAP Award:
Conditional rights over a total of 1,084 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2024, subject to
the satisfaction of conditions.
2023-2025 DAP Award
Conditional rights over a total of 2,380 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
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, 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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Pro-rata grant of share awards under the InterContinental Hotels Group PLC
Deferred Award Plan for the 2022-2024 cycle
c) Price(s) and volume(s) Conditional rights over a total of 4,929 free shares; the number of shares
calculated by reference to a price of GBP 56.74, being the MMQ of the
Company's share price for the 5 business days preceding the date of grant of
the equivalent pro-rata award granted on 8 August 2023.
The award will vest on the business day after the announcement of the
Company's results for the financial year ending 31 December 2024, subject to
the satisfaction of conditions.
d) Aggregated information
- Aggregated volume As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jolie Fleming
2 Reason for the notification
a) Position/status Chief Product & 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
Ordinary Shares
Identification code
GB00BHJYC057
b) Nature of the transaction Pro-rata grant of share awards under the InterContinental Hotels Group PLC
Deferred Award Plan for the 2022-2024 cycle and 2023-2025 cycle
c) Price(s) and volume(s) 2022-2024 DAP Award:
Conditional rights over a total of 499 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 2024, subject to
the satisfaction of conditions.
2023-2025 DAP Award
Conditional rights over a total of 1,330 free shares; the number of shares
calculated by reference to a price of GBP 78.40, 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 As noted in 4c above
- Price As noted in 4c above
e) Date of the transaction 2024-05-13
f) Place of the transaction Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHVZLBFZELFBBVRecent news on Intercontinental Hotels
See all newsREG - Interco. Hotels Grp - Transaction in Own Shares
AnnouncementREG - Interco. Hotels Grp - Transaction in Own Shares
AnnouncementREG - Interco. Hotels Grp - Transaction in Own Shares
AnnouncementREG - Interco. Hotels Grp - Transaction in Own Shares
AnnouncementREG - Interco. Hotels Grp - Transaction in Own Shares
Announcement