InterContinental Hotels Group PLC
17 March 2006
17 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 in the Company's
Short Term Deferred Incentive Plan ("STDIP") on 16 March 2005, 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 16 March 2006:
Director Number of shares transferred
Richard Hartman 29,447
Stevan Porter 29,978
Richard Solomons 29,020
Other Persons Discharging Managerial Responsibility
Peter Gowers 19,899
Patrick Imbardelli 20,941
Richard Winter 21,689
Under the terms of the Plan, the above participants were paid their annual
performance bonus in IHG PLC shares, deferred over a three year period. The
shares are released in equal amounts on the first, second and third anniversary
of the award date, conditional on the individual's continued employment with the
Group until each release date.
The release of the above shares took place on the first anniversary of grant, in
accordance with the terms of the Plan.
Following the release of the shares to participants, the Employee Share
Ownership Trust will hold 2,280,531 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, Patrick Imbardelli, 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 QDLFFQXBFBBL
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.