InterContinental Hotels Group PLC
08 March 2006
8 March 2006
INTERCONTINENTAL HOTELS GROUP PLC
Notification of transactions of directors, persons discharging managerial
responsibility or connected persons
In respect of the conditional rights over InterContinental Hotels Group PLC
("Company") ordinary shares awarded to a number of participants the Company's
Performance Restricted Share Plan ("PRSP"), the Company was notified on 7 March
2006 that the following numbers of shares were transferred from the Company's
Employee Share Ownership Trust ("ESOT") to the following directors and other
persons discharging managerial responsibility on 6 March 2006:
Director Number of shares
transferred
Andrew Cosslett 17,225
Richard Hartman 50,058
Stevan Porter 48,367
Richard Solomons 41,705
Other Persons Discharging Managerial Responsibility
Peter Gowers 28,597
Richard Winter 31,577
The awards are based on performance to 31 December 2005 and relate to the
Company's total shareholder return against a group of 11 other comparator
companies and growth in return on capital employed. The Company finished in
fifth place in the TSR group and achieved ROCE growth of 46%. Accordingly, 42.8%
of the maximum potential award vested on 3 March 2006, in accordance with the
rules of the Plan. The share numbers shown above are net of income tax
liabilities.
Following the release of the shares to participants, the Employee Share
Ownership Trust will hold 1,486,505 IHG PLC shares. The following directors and
persons discharging managerial responsibility, who are among the potential
beneficiaries of the ESOT- Andrew Cosslett, Richard Hartman, Stevan Porter,
Richard Solomons, Tom Conophy, Peter Gowers, Tracy Robbins and Richard Winter-
are technically deemed to be interested in those shares.
---------------Ends--------------
Name of Contact for this RNS Announcement:
Catherine Engmann Tel: 01753 410 243
Company Secretariat
InterContinental Hotels Group PLC
This information is provided by RNS
The company news service from the London Stock Exchange
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