Director/PDMR Shareholding

RNS Number : 8589A

InterContinental Hotels Group PLC

01 October 2020

 

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Wayne Hoare
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 Awards under InterContinental Hotels Group PLC Annual Performance Plan (APP) and 2019/21 Long Term Incentive Plan (LTIP) and 2020/22 LTIP following appointment as Chief Human Resources Officer.
c)	Price(s) and volume(s)	APP Award: Conditional rights over a total of 4,666 free shares; the number of shares calculated by reference to a price of GBP42.86, being the MMQ of the Company's share price for the 3 dealing days preceding the date of grant. The award is conditional and will vest in 3 tranches on 14 September 2021, 14 September 2022 and 14 September 2023.  The award is subject to Wayne Hoare remaining in continuous employment with the Group until the vesting dates. 2019/21 LTIP Awards: The maximum number of shares that can be transferred if performance conditions are met in full: 8,237 shares. The number of shares were calculated by reference to a price of GBP43.416 being the MMQ of the Company' share price for the 5 days preceding the date of grant. The awards will vest on the business day after the announcement of the Company's 31 December 2021 year end financial results, subect to the satisfaction of conditions. 2020/22 LTIP awards The maximum number of shares that can be transferred if performance conditions are met in full: 14,416. The number of shares were calculated by reference to a price of GBP43.416 being the MMQ of the Company' share price for the 5 days preceding the date of grant. The awards will vest on the business day after the announcement of the Company's 31 December 2022 year end financial results, 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	2020-09-21
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHXFLFBBBLEFBV