Intercontinental Hotels Group PLC

Director's Dealing • Mar 3, 2021

National Storage Mechanism | Additional information

RNS Number : 9943Q

InterContinental Hotels Group PLC

03 March 2021

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

InterContinental Hotels Group PLC (the "Company") today announces the grant and release of share awards and the sale of shares by various PDMRs. 

On 1 March 2021 the following share awards were granted and released under the Company's Annual Performance Plan.  The shares were then transferred, following adjustments for tax and social security withholdings, to the following PDMRs:

Name of PDMR	Number of shares granted	Number of shares transferred
Claire Bennett	1,323	853
Jolyon Bulley	1,036	567
Yasmin Diamond	861	455
Nicolette Henfrey	371	196
Kenneth Macpherson	1,382	731
George Turner	1,330	928

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

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

Rights over a total of 1,323 free shares.  The Share Award is subject to the terms of the IHG Annual Performance Plan.

The Share Award was released on 1 March 2021 and 853 shares were transferred following adjustments for tax and social security withholdings.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	853

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

853

Nil consideration

Nil consideration

e)

Date of the transaction

2021-03-01

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

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

Rights over a total of 1,036 free shares.  The Share Award is subject to the terms of the IHG Annual Performance Plan.

The Share Award was released on 1 March 2021 and 567 shares were transferred following adjustments for tax and social security withholdings.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	567

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

567

Nil consideration

Nil consideration

e)

Date of the transaction

2021-03-01

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

Rights over a total of 861 free shares.  The Share Award is subject to the terms of the IHG Annual Performance Plan.

The Share Award was released on 1 March 2021 and 455 shares were transferred following adjustments for tax and social security withholdings.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	455

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

455

Nil consideration

Nil consideration

e)

Date of the transaction

2021-03-01

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

Rights over a total of 371 free shares.  The Share Award is subject to the terms of the IHG Annual Performance Plan.

The Share Award was released on 1 March 2021 and 196 shares were transferred following adjustments for tax and social security withholdings.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	196

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

196

Nil consideration

Nil consideration

e)

Date of the transaction

2021-03-01

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

Rights over a total of 1,382 free shares.  The Share Award is subject to the terms of the IHG Annual Performance Plan.

The Share Award was released on 1 March 2021 and 731 shares were transferred following adjustments for tax and social security withholdings.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	731

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

731

Nil consideration

Nil consideration

e)

Date of the transaction

2021-03-01

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

Rights over a total of 1,330 free shares.  The Share Award is subject to the terms of the IHG Annual Performance Plan.

The Share Award was released on 1 March 2021 and 928 shares were transferred following adjustments for tax and social security withholdings.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	928

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

928

Nil consideration

Nil consideration

e)

Date of the transaction

2021-03-01

f)

Place of the transaction

Outside a trading venue

The Company has also been notified that on 1 March 2021, the following PDMRs sold the following number of previously held shares:

Name of PDMR	Number of shares sold
Yasmin Diamond	8,500
Nicolette Henfrey	6,300
Kenneth Macpherson	13,057
George Turner	6,000

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

Disposal

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£50.499015	8,500

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

8,5000

£50.499015

£429,241.63

e)

Date of the transaction

2021-03-01

f)

Place of the transaction

XLON

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

Disposal

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£50.564871	6,300

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

6,300

£50.564871

£318,558.69

e)

Date of the transaction

2021-03-01

f)

Place of the transaction

XLON

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

Disposal

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£50.606554	13,057

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

13,057

£50.606554

£660,769.78

e)

Date of the transaction

2021-03-01

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

Disposal

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£50.2877	6,000

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

6,000

£50.2877

£301,726.20

e)

Date of the transaction

2021-03-01

f)

Place of the transaction

XLON

The Company has also been notified that on 2 March 2021, the following PDMR sold the following number of shares:

Name of PDMR	Number of shares sold
Jolyon Bulley	9,941

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

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

Disposal

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£50.533735	9,941

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

9,941

£50.533735

£502,355.86

e)

Date of the transaction

2021-03-02

f)

Place of the transaction

XLON

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