InterContinental Hotels Group PLC
09 October 2003
9 October 2003
InterContinental Hotels Group PLC
Director's Interest in Shares
Sir Ian Prosser has today exercised his options over Six Continents PLC (Six
Continents) shares, held under the Six Continents Executive Share Option Scheme
1985. As a result of the separation of Six Continents in April 2003 and the
listing of InterContinental Hotels Group PLC (IHG) ordinary shares, Six
Continents shares are no longer traded on the London Stock Exchange.
Consequently, they have been automatically exchanged for equivalent shares in
IHG as follows:-
Six Continents PLC options exchanged for IHG PLC ordinary shares
19,500 @ 520p 33,343 @ 304.10p
Sir Ian retains this holding of ordinary shares in IHG.
As a result of the separation of Six Continents, all options over Six Continents
shares which were granted under the Six Continents Executive Share Option Scheme
1985 will lapse on 11 October 2003. The arrangements under which all holders of
these options were given the opportunity to exercise their options in this way
were set out in the Circular to Six Continents shareholders and the IHG Listing
Particulars dated 17 February 2003.
Name of contact for this RNS Announcement:
Catherine Springett Tel: 020 7409 8569
Head of Secretariat
InterContinental Hotels Group PLC
This information is provided by RNS
The company news service from the London Stock Exchange
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