Remuneration Information • Aug 9, 2023
Remuneration Information
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RNS Number : 7142I
InterContinental Hotels Group PLC
09 August 2023
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") announces that on 8 August 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 | 19,770 |
| Jolyon Bulley | 7,750 |
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 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 19,770 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. 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 | 2023-08-08 |
| 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 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 7,750 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. 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 | 2023-08-08 |
| f) | Place of the transaction | Outside a trading venue |
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