InterContinental Hotels Group PLC
Person Discharging Managerial Responsibility ("PDMR") Shareholding
InterContinental Hotels Group PLC (the "Company") announces that on 10 March 2023, the following shares were allocated, pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings, to the following PDMRs:
Name of PDMR |
Number of shares |
Keith Barr |
6,360 |
Paul Edgecliffe-Johnson |
4,676 |
Elie Maalouf |
4,942 |
Claire Bennett |
3,219* |
Jolyon Bulley |
3,170* |
Yasmin Diamond |
2,141 |
Nicolette Henfrey |
1,406 |
Kenneth Macpherson |
3,074* |
George Turner |
3,253* |
*Shares subsequently sold upon vesting as also notified 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
|
Keith Barr |
||||
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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
6,360
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
Outside a trading venue |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
Paul Edgecliffe-Johnson |
||||
2
|
Reason for the notification
|
|||||
a)
|
Position/status
|
Chief Financial Officer and Group Head of Strategy |
||||
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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
4,676
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
Outside a trading venue |
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, 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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
4,942
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
Outside a trading venue |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
Claire Bennett |
||||
2
|
Reason for the notification
|
|||||
a)
|
Position/status
|
Global Chief Customer 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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings |
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,219
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
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, Greater China and Group Transformation Lead, Luxury & Lifestyle |
||||
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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,170
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
2,141
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
1,406
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,074
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
Outside a trading venue |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
George Turner |
||||
2
|
Reason for the notification
|
|||||
a)
|
Position/status
|
Chief Commercial & Technology 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
|
Shares transferred pursuant to the release of shares under the Company's 2019 Annual Performance Plan, following adjustments for tax and social security withholdings
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,253
Nil consideration
Nil consideration
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
Outside a trading venue |
The Company has also been notified that on 10 March 2023, the following number of shares were sold upon vesting of the awards set out above, following adjustments for tax and social security withholdings, by the following PDMRs:
Name of PDMR |
Number of shares sold |
Claire Bennett |
3,219 |
Jolyon Bulley |
3,170 |
Kenneth Macpherson |
3,074 |
George Turner |
3,253 |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
Claire Bennett |
||||
2
|
Reason for the notification
|
|||||
a)
|
Position/status
|
Global Chief Customer 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
|
Disposal |
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,219
£54.625471
£175,839.39
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
XLON |
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, Greater China and Group Transformation Lead, Luxury & Lifestyle
|
||||
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
|
Disposal
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,170
£54.625471
£173,162.74
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
XLON |
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
|
Disposal
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,074
£54.625471
£167,918.70
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
XLON |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
George Turner |
||||
2
|
Reason for the notification
|
|||||
a)
|
Position/status
|
Chief Commercial & Technology 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
|
Disposal
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
3,253
£54.625471
£177,696.66
|
||||
e)
|
Date of the transaction
|
2023-03-10 |
||||
f)
|
Place of the transaction
|
XLON |