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Intercontinental Hotels Group PLC Director's Dealing 2026
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Director's Dealing
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RNS Number : 1775V
InterContinental Hotels Group PLC
03 March 2026
InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") announces that on 3 March 2026 the following forfeitable shares were granted under the Company's Deferred Award Plan to the following PDMRs:
| Name of PDMR | Number of shares granted |
| Elie Maalouf | 5,271 |
| Michael Glover | 2,653 |
| Daniel Aylmer | 1,535 |
| Heather Balsley | 1,526 |
| Jolyon Bulley | 1,900 |
| Yasmin Diamond | 1,314 |
| Jolie Fleming | 1,364 |
| Nicolette Henfrey | 1,480 |
| Tejas Katre | 665 |
| Kenneth Macpherson | 1,618 |
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 forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 5,271 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Elie Maalouf ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| 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 Identification code |
Ordinary Shares GB00BHJYC057 |
| b) | Nature of the transaction | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 2,653 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Michael Glover ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | |
| Name | Daniel Aylmer |
| Reason for the notification | |
| Position/status | Chief Executive Officer, Greater China |
| Initial notification /Amendment | Initial |
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Name | InterContinental Hotels Group PLC |
| LEI | 2138007ZFQYRUSLU3J98 |
| 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 | |
| Description of the financial instrument, type of instrument Identification code |
Ordinary Shares GB00BHJYC057 |
| Nature of the transaction | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| Price(s) and volume(s) | Rights over a total of 1,535 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Daniel Aylmer ceases employment with the Group before 28 February 2029. |
| Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| Date of the transaction | 2026-03-03 |
| 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 Identification code |
Ordinary Shares GB00BHJYC057 |
| b) | Nature of the transaction | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 1,526 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Heather Balsley ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| 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 forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 1,900 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Jolyon Bulley ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| 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 | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 1,314 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Yasmin Diamond ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | |
| Name | Jolie Fleming |
| Reason for the notification | |
| Position/status | Chief Product & Technology Officer |
| Initial notification /Amendment | Initial |
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Name | InterContinental Hotels Group PLC |
| LEI | 2138007ZFQYRUSLU3J98 |
| 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 | |
| Description of the financial instrument, type of instrument Identification code |
Ordinary Shares GB00BHJYC057 |
| Nature of the transaction | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| Price(s) and volume(s) | Rights over a total of 1,364 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Jolie Fleming ceases employment with the Group before 28 February 2029. |
| Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| Date of the transaction | 2026-03-03 |
| 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 | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 1,480 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Nicolette Henfrey ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Tejas Katre |
| 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 Identification code |
Ordinary Shares GB00BHJYC057 |
| b) | Nature of the transaction | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 665 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Tejas Katre ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| 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 | Grant of forfeitable share awards under the InterContinental Hotels Group PLC Deferred Award Plan |
| c) | Price(s) and volume(s) | Rights over a total of 1,618 free shares; the number of shares calculated by reference to a price of USD143.15, being the MMQ of the Company's share price for the three business days following the announcement of the Company's results for the financial year ended 31 December 2025. The award is conditional and may be forfeited if Kenneth Macpherson ceases employment with the Group before 28 February 2029. |
| d) | Aggregated information - Aggregated volume - Price |
As noted in 4c above As noted in 4c above |
| e) | Date of the transaction | 2026-03-03 |
| f) | Place of the transaction | Outside a trading venue |
The Company further announces that, on 3 March 2026, awards in respect of the following number of shares were additionally granted under the Company's Deferred Award Plan for the 2024-2026 award cycle and the 2025-2027 cycle:
| Name of PDMR | 2024-2026 cycle: Number of shares | 2025-2027 cycle: Number of shares |
| Tejas Katre | 1,199 | 2,398 |
The transaction notification for the 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 | Tejas Katre |
| 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 Identification code |
Ordinary Shares GB00BHJYC057 |
| b) | Nature of the transaction | Pro-rata grant of share awards under the InterContinental Hotels Group PLC Deferred Award Plan for the 2024-2026 cycle and 2025-2027 cycle |
| c) | Price(s) and volume(s) | 2024-2026 DAP Award: Conditional rights over a total of 1,199 free shares; the number of shares calculated by reference to a price of USD137.88, 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. 2025-2027 DAP Award Conditional rights over a total of 2,398 free shares; the number of shares calculated by reference to a price of USD137.88, 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 2027, 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 | 2026-03-03 |
| f) | Place of the transaction | Outside a trading venue |
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