10 April 2012
INTERCONTINENTAL HOTELS GROUP PLC (the "Company")
Notification of transactions of directors, persons discharging
managerial responsibilities ("PDMR") and connected persons
On 5 April 2012 the following directors and other PDMRs were awarded conditional rights over the numbers of the Company's ordinary shares shown below, under the Company's Long Term Incentive Plan ("LTIP") 2012/2014. The performance measurement period is from 1 January 2012 to 31 December 2014 and the awards will vest on the business day after the announcement of the Company's 31 December 2014 year end financial results. Under the terms of the LTIP 2012/2014, the maximum number of shares that can be transferred if performance conditions are met in full are as follows:
|
Number of |
|
shares awarded |
Director |
|
Kirk Kinsell |
68,463 |
Tracy Robbins |
59,270 |
Tom Singer |
77,684 |
Richard Solomons |
103,722 |
Other PDMRs |
|
Angela Brav |
35,512 |
Eric Pearson |
39,877 |
Jan Smits |
38,998 |
George Turner |
37,518 |
In addition, also on 5 April 2012, Eric Pearson has been granted conditional rights over the Company's ordinary shares under the LTIP for the performance cycles 1 January 2010 to 31 December 2012 and 1 January 2011 to 31 December 2013, as follows:
|
2010/2012 |
2011/2013 |
Eric Pearson |
3,512 |
7,727 |
The awards will vest on the business day after the announcement of the Company's 31 December 2012 and 31 December 2013 year end financial results, as appropriate.
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Notes to Editors:
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as our two newest brands, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty programme with over 63 million members worldwide.
IHG franchises, leases, manages or owns over 4,400 hotels and more than 658,000 guest rooms in nearly 100 countries and territories, and has more than 1,100 hotels in its development pipeline. In Greater China, IHG currently has 167 hotels with more than 55,000 rooms open and 149 hotels with just under 50,000 rooms in the pipeline.
IHG expects to recruit around 90,000 new people worldwide across its estate over the next few years and is committed to gender balance throughout its business. We aspire to continue retaining a minimum of 25% female representation on the Board.
InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.
Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news visit www.ihg.com/media, www.twitter.com/ihgplc or www.youtube.com/ihgplc.
For further information, please contact: Investor Relations (Catherine Dolton / Isabel Green): +44 (0)1895 512 176 Media Affairs (Joanna James): +44 (0) 7808 095 730 |