Director/PDMR Shareholding

RNS Number : 0900P

InterContinental Hotels Group PLC

28 September 2011

 



28 September 2011

INTERCONTINENTAL HOTELS GROUP PLC (the "Company")

Notification of transactions of directors, persons discharging

managerial responsibility ("PDMR") and connected persons

On 27 September 2011, Tom Singer, Chief Financial Officer, was awarded conditional rights over 46,635 ordinary shares in the Company. The shares will vest on the first anniversary of Mr Singer joining the Company. This award forms part of Mr Singer's recruitment terms.

In addition, Mr Singer has been granted conditional rights over the Company's ordinary shares under the Long Term Incentive Plan ("LTIP"). Under the terms of the LTIP, the maximum numbers of shares that can be transferred to Mr Singer if all performance conditions are met in full are as follows: 

Performance Period                                         Number of Shares

2010 to 2012                                                                69,952

2011 to 2013                                                                78,696

The performance measurement periods are from 1 January 2010 to 31 December 2012 and 1 January 2011 to 31 December 2013. The awards will vest on the business day after the announcement of the Company's 2012 and 2013 year end financial results respectively.

---------------Ends--------------

For further information please contact:

Investor Relations (Heather Wood, Catherine Dolton)                [phone]

Media Relations (Kari Kerr)                                                              [phone]

Notes to editors

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global company operating seven hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® . IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty programme with almost 60 million members worldwide.

IHG is the world's largest hotel group by number of rooms and franchises, leases, manages or owns over 4,400 hotels and more than 656,000 guest rooms in 100 countries and territories, and has more than 1,100 hotels in its development pipeline. 

IHG expects to recruit around 160,000 people worldwide 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.

 

END

 

 

RDSKVLBLFKFFBBL