Director's Dealing • Dec 2, 2016
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 8266Q
InterContinental Hotels Group PLC
02 December 2016
InterContinental Hotels Group PLC
Notification of Transaction by Director, Person Discharging Managerial Responsibilities or Person Closely Associated
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Ranjay Radhakrishnan |
| 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 | |
| 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 GBOOBYXK6398 |
| b) | Nature of the transaction | Grant of Awards under InterContinental Hotels Group PLC Annual Performance Plan (APP) and Long Term Incentive Plan (LTIP) |
| c) | Price(s) and volume(s) | APP Award: Condititional rights over a total of 31,836 free shares; the number of shares calculated by reference to a price of GBP32.81, being the MMQ of the Company's share price at the close of business on the dealing day preceding the date of grant; and comprising: 12,068 shares vesting on 23 February 2018; and 19,768 shares vesting on 22 February 2019. The award is conditional and may be forfeited if Ranjay Radhakrishnan ceases employment with the Group before the vesting dates. LTIP Awards: Condititional rights over a total of 25,061 free shares; the number of shares calculated by reference to a price of GBP32.81, being the MMQ of the Company's share price at the close of business on the dealing day preceding the date of grant; and comprising: 2015/2017 LTIP The maximum number of shares that can be transferred if performance conditions are met in full: 8,573 shares; The awards will vest on the business day after the announcement of the Company's 2017.12.31 year end financial results, subject to the satisfaction of performance conditions 2016/2018 LTIP The maximum number of shares that can be transferred if performance conditions are met in full: 16,488 shares; The awards will vest on the business day after the announcement of the Company's 2018.12.31 year end financial results, subject to the satisfaction of performance conditions |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2016-12-01 |
| f) | Place of the transaction | Outside a trading venue |
This information is provided by RNS
The company news service from the London Stock Exchange
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